Rigetti Computing (NASDAQ:RGTI – Get Rating) is one of 719 public companies in the “Holding & other investment offices” industry, but how does it contrast to its competitors? We will compare Rigetti Computing to similar companies based on the strength of its valuation, risk, institutional ownership, dividends, earnings, profitability and analyst recommendations.
Profitability
This table compares Rigetti Computing and its competitors’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Rigetti Computing | -473.75% | -45.25% | -33.03% |
| Rigetti Computing Competitors | -48.76% | -66.88% | -1.61% |
Analyst Recommendations
This is a breakdown of recent ratings for Rigetti Computing and its competitors, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Rigetti Computing | 0 | 1 | 4 | 0 | 2.80 |
| Rigetti Computing Competitors | 115 | 592 | 883 | 15 | 2.50 |
Institutional and Insider Ownership
43.3% of Rigetti Computing shares are held by institutional investors. Comparatively, 66.3% of shares of all “Holding & other investment offices” companies are held by institutional investors. 0.5% of Rigetti Computing shares are held by company insiders. Comparatively, 18.3% of shares of all “Holding & other investment offices” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Earnings and Valuation
This table compares Rigetti Computing and its competitors gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Rigetti Computing | $13.10 million | -$71.52 million | -0.82 |
| Rigetti Computing Competitors | $1.17 billion | -$5.72 million | -6.31 |
Rigetti Computing’s competitors have higher revenue and earnings than Rigetti Computing. Rigetti Computing is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Volatility & Risk
Rigetti Computing has a beta of 1.82, suggesting that its share price is 82% more volatile than the S&P 500. Comparatively, Rigetti Computing’s competitors have a beta of 0.05, suggesting that their average share price is 95% less volatile than the S&P 500.
Summary
Rigetti Computing competitors beat Rigetti Computing on 7 of the 13 factors compared.
About Rigetti Computing
Rigetti Computing, Inc. operates as an integrated systems company. The company builds quantum computers and the superconducting quantum processors that power them. Its machines are integrated into various public, private, or hybrid clouds through its Quantum Cloud Services platform. The company was founded in 2013 and is based in Berkeley, California.
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