NasdaqCM:RGTISemiconductor
A Look At Rigetti Computing (RGTI) Valuation After TD Cowen Downgrade And Funding Concerns
Rigetti Computing (RGTI) is back in focus after a TD Cowen downgrade, with the firm highlighting more than US$300 million in potential fabrication funding needs, rising competitive pressure, and the company’s absence from DARPA QBI Stage B participation.
See our latest analysis for Rigetti Computing.
The TD Cowen downgrade comes after a sharp reset in Rigetti’s momentum, with a 37.2% 1 month share price return decline and a 31.8% year to date share price return drop, even though the 3 year...