Will RGTI stock go up?

**Rigetti Computing (RGTI) stock is poised for a bullish outlook**, as indicated by several key technical and fundamental factors: 1. **Strong Net Income Growth**: Rigetti Computing has experienced a net income YoY growth rate of 305.17%, with a net income of $42.62 million in Q1 2025. This robust growth demonstrates the company's financial strength and operational efficiency. |code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code| |---|---|---|---|---|---|---|---| |RGTI|RGTI.O|Rigetti Computing|2024 Q2|26.7888718613698|-7.2437631499849715|46.15384615384615|186| |RGTI|RGTI.O|Rigetti Computing|2024 Q3|33.22979968489759|-23.413848631239937|52.94117647058824|186| |RGTI|RGTI.O|Rigetti Computing|2024 Q4|-1116.6799236398344|-32.64218009478673||186| |RGTI|RGTI.O|Rigetti Computing|2025 Q1|305.1653588793145|-51.76933158584534|192.85714285714286|186| 2. **Technical Indicators Suggest Bullishness**: - The MACD is at 0.11, which is typically considered a bullish signal. - The RSI is at 71.4, indicating that the stock might be overbought, but this can also suggest strong buying momentum. - The KDJ is at 103.39, which is in the overbought territory but supports the notion of strong bullish sentiment. - The stock is trading above its 5-day, 10-day, and 20-day moving averages, which is another sign of a bullish trend. |code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code| |---|---|---|---|---|---|---|---|---| |RGTI|RGTI.O|Rigetti Computing|20250702|11.5225|71.4001|103.3920|0.1148|186| 3. **Analyst Consensus and Price Target**: The consensus rating for RGTI is a "Strong Buy" with an average price target of $14.5, which is above the current trading price, suggesting that analysts believe the stock has room to grow. 4. **Market Sentiment and Recent Performance**: The stock has recently experienced a significant price increase of 15.45%, which could be a sign of positive market sentiment and anticipation of future growth. 5. **Fundamental Factors**: Rigetti Computing has a 5-year net income CAGR of 981.51%, which is a strong indicator of the company's profitability and growth potential. In conclusion, the combination of strong net income growth, bullish technical indicators, positive analyst sentiment, and robust fundamental performance suggest that RGTI stock has the potential to continue its upward trajectory. However, investors should always consider their risk tolerance and investment goals before making any investment decisions.