Rigetti Computing (NASDAQ: RGTI) shares experienced a decline due to a broader selloff in the technology sector, impacting the Nasdaq and S&P 500. The company’s short interest has risen, and its stock is showing bearish technical trends, trading below its short and medium-term moving averages. Despite a Buy Rating from analysts with an average price target of $25.91, the stock’s immediate future hinges on its upcoming earnings report in March 2026.
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Rigetti Computing Stock Falls Amid Broader Tech Selloff
Rigetti Computing (NASDAQ: RGTI) shares experienced a decline due to a broader selloff in the technology sector, impacting the Nasdaq and S&P 500. The company’s short interest has risen, and its stock is showing bearish technical trends, trading below its short and medium-term moving averages. Despite a Buy Rating from analysts with an average price target of $25.91, the stock’s immediate future hinges on its upcoming earnings report in March 2026.