1. Rigetti Computing is a leading provider of Superconducting Quantum Computing solutions. 2. The company has a large TAM of $1-2 billion before 2030, which is expected to grow significantly to $15-30 billion during 2030-40. 3. The company is on track to achieve key technology milestones, including a 36-qubit system by 2Q25 and a 108-qubit system by 4Q25. 4. A recent agreement with Quanta Computer to develop and commercialize quantum computing technology is a positive for the company. 5. The analyst has a Buy rating on the stock with a target price of $14.