Rigetti Computing Stock Poised for $15: Analyst Predicts Upside Potential

Troy Jensen, a Cantor Fitzgerald analyst, is bullish on Rigetti Computing stock, expecting it to reach $15. He believes quantum computing is a key milestone with significant economic implications and Rigetti is a leader in superconducting systems. The company has a strong position in government-funded research initiatives and is making progress in scaling qubit count systems. Despite a high price-sales multiple, Jensen favors owning Rigetti Computing stock due to its relatively low valuation compared to peers like D-Wave.