When is it a good time to purchase RGTI?

**Rigetti Computing, Inc. (RGTI) is a promising investment**, and the decision to purchase its stock should be based on a comprehensive analysis of various factors:

1. **Current Stock Price and Recent Performance**: As of July 17, 2025, RGTI's closing price is $17.14. The stock has experienced a significant rally, surging by 30% on July 16 after achieving a milestone in quantum computing.

|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|RGTI|RGTI.O|Rigetti Computing|20250717|17.14|186|

2. **Technical Indicators**: The stock's support level is at $12.08, and the resistance level is at $13.85. The 5-day moving average is $14.27, the 10-day moving average is $13.85, and the 20-day moving average is $12.64. These indicators suggest that the stock is currently trading above its short-term and mid-term moving averages, which could be a sign of a bullish trend.

|code|Ticker|Name|Date|Support Level|Resistance Level|market_code|
|---|---|---|---|---|---|---|
|RGTI|RGTI.O|Rigetti Computing|20250717|12.0800|13.8450|186|

|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|RGTI|RGTI.O|Rigetti Computing|20250717|14.2740|186|

3. **Analyst Ratings and Price Targets**: The consensus rating for RGTI is a "Strong Buy" with an average price target of $14.67. This indicates that analysts believe the stock has potential for growth from its current price.

4. **Company Fundamentals**: Rigetti Computing has been highlighted as a leader in the quantum computing industry, with significant advancements positioning it for future success. The company's recent achievements in quantum computing have positioned it as a leader in the field, competing with other tech giants.
5. **Market Sentiment and Future Prospects**: The company's stock has experienced a remarkable increase due to a breakthrough in quantum computing, which has boosted investor confidence. Rigetti's proprietary modular chip technology and strategic partnerships position it for scalability and commercial viability.
6. **Director's Sale and Financial Health**: A director recently sold 25,000 shares, which could be a personal decision and not indicative of the company's future prospects. Rigetti Computing has a strong cash position with approximately $575 million in cash and available-for-sale investments, with no debt.

In conclusion, considering the stock's recent performance, technical indicators, analyst ratings, company fundamentals, market sentiment, and the director's sale, it may be a good time to purchase RGTI stock. However, investors should conduct their own due diligence and consider their risk tolerance, as investing in quantum computing companies is inherently risky and requires a long-term investment horizon.