Rigetti Computing (NASDAQ:RGTI – Get Rating) is one of 718 public companies in the “Holding & other investment offices” industry, but how does it contrast to its rivals? We will compare Rigetti Computing to related businesses based on the strength of its valuation, risk, analyst recommendations, profitability, dividends, earnings and institutional ownership.
Profitability
This table compares Rigetti Computing and its rivals’ 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 Ratings
This is a breakdown of current ratings and price targets for Rigetti Computing and its rivals, 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 | 114 | 591 | 881 | 15 | 2.50 |
Earnings & Valuation
This table compares Rigetti Computing and its rivals gross revenue, earnings per share and valuation.
| Gross Revenue | Net Income | Price/Earnings Ratio | |
| Rigetti Computing | $13.10 million | -$71.52 million | -0.70 |
| Rigetti Computing Competitors | $1.19 billion | $4.44 million | -6.94 |
Rigetti Computing’s rivals have higher revenue and earnings than Rigetti Computing. Rigetti Computing is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Institutional & Insider Ownership
43.3% of Rigetti Computing shares are held by institutional investors. Comparatively, 66.5% of shares of all “Holding & other investment offices” companies are held by institutional investors. 0.5% of Rigetti Computing shares are held by insiders. Comparatively, 18.5% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Risk and Volatility
Rigetti Computing has a beta of 1.82, suggesting that its stock price is 82% more volatile than the S&P 500. Comparatively, Rigetti Computing’s rivals have a beta of 0.04, suggesting that their average stock price is 96% less volatile than the S&P 500.
Summary
Rigetti Computing rivals 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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