Rigetti Computing (NASDAQ:RGTI) & MicroAlgo (NASDAQ:MLGO) Critical Survey

Rigetti Computing (NASDAQ:RGTIGet Free Report) and MicroAlgo (NASDAQ:MLGOGet Free Report) are both computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their risk, profitability, valuation, dividends, earnings, institutional ownership and analyst recommendations.

Profitability

This table compares Rigetti Computing and MicroAlgo’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Rigetti Computing -509.58% -51.56% -37.78%
MicroAlgo N/A N/A N/A

Risk and Volatility

Rigetti Computing has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500. Comparatively, MicroAlgo has a beta of 2.63, meaning that its stock price is 163% more volatile than the S&P 500.

Institutional & Insider Ownership

35.4% of Rigetti Computing shares are held by institutional investors. Comparatively, 1.1% of MicroAlgo shares are held by institutional investors. 2.8% of Rigetti Computing shares are held by insiders. Comparatively, 22.7% of MicroAlgo shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Rigetti Computing and MicroAlgo”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Rigetti Computing $11.89 million 223.63 -$75.11 million ($0.38) -36.39
MicroAlgo $84.58 million 0.00 -$37.87 million N/A N/A

MicroAlgo has higher revenue and earnings than Rigetti Computing.

Analyst Recommendations

This is a summary of current ratings for Rigetti Computing and MicroAlgo, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Rigetti Computing 0 0 5 0 3.00
MicroAlgo 0 0 0 0 0.00

Rigetti Computing presently has a consensus target price of $5.70, suggesting a potential downside of 58.79%. Given Rigetti Computing’s stronger consensus rating and higher possible upside, research analysts plainly believe Rigetti Computing is more favorable than MicroAlgo.

Summary

MicroAlgo beats Rigetti Computing on 7 of the 12 factors compared between the two stocks.

About Rigetti Computing

(Get Free Report)

Rigetti Computing, Inc., through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service. It also provides quantum cloud services that provides various range of support in programming, public or private clouds integration, and connectivity, as well as quantum operating system software that supports both public and private cloud architectures. In addition, the company offers professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities. It has operations in the United States and the United Kingdom. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

About MicroAlgo

(Get Free Report)

MicroAlgo Inc. develops and applies central processing algorithm solutions to customers in internet advertisement, gaming, and intelligent chip industries in the People’s Republic of China, Hong Kong, and internationally. The company operates through two segments, Central Processing Algorithm Services, and Intelligent Chips and Services. It offers services that includes algorithm optimization, accelerating computing power without the need for hardware upgrades, data processing, and data intelligence services. The company also provides advertising distribution, mobile game publishing and licensing, software services, and comprehensive solutions for enterprise customers, as well as intelligent chips solutions for the semiconductor sector. In addition, it engages in the resale of intelligent chips and accessories; and provision of software development. MicroAlgo Inc. is headquartered in Shenzhen, the People’s Republic of China. MicroAlgo Inc. is a subsidiary of WiMi Hologram Cloud Inc.

Receive News & Ratings for Rigetti Computing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rigetti Computing and related companies with MarketBeat.com's FREE daily email newsletter.