Rigetti stock price forecast incorporates macro drivers such as interest rate cuts. Lower rates could enhance investor appetite for speculative growth plays, including early-stage quantum computing firms. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Due to its unprecedented rally, RGTI’s valuation has climbed to very high levels. Its price-to-sales (P/S) ratio now stands at 893, far above the sector median of 4. This makes the stock look expensive compared to its peers and suggests it may be overpriced in the current market. Rigetti stock price forecast remains cautiously optimistic, emphasizing that technical setups, fundamental drivers, and external catalysts are converging toward potential multi-quarter appreciation.
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