Analyzing Rigetti Computing (NASDAQ:RGTI) and SK Growth Opportunities (NASDAQ:SKGR)

Rigetti Computing (NASDAQ:RGTI) and SK Growth Opportunities (NASDAQ:SKGR) are both small-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their dividends, institutional ownership, profitability, earnings, analyst recommendations, valuation and risk.

Earnings & Valuation

This table compares Rigetti Computing and SK Growth Opportunities’ top-line revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Rigetti Computing	$12.01 million	13.59	-$75.11 million	($0.53)	-1.79
SK Growth Opportunities	N/A	N/A	$8.14 million	N/A	N/A

SK Growth Opportunities has lower revenue, but higher earnings than Rigetti Computing.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Rigetti Computing and SK Growth Opportunities, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Rigetti Computing	0	0	3	0	3.00
SK Growth Opportunities	0	0	0	0	N/A

Rigetti Computing presently has a consensus price target of $3.17, suggesting a potential upside of 233.65%. Given Rigetti Computing’s higher probable upside, equities analysts clearly believe Rigetti Computing is more favorable than SK Growth Opportunities.

Profitability

This table compares Rigetti Computing and SK Growth Opportunities’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Rigetti Computing	-563.97%	-59.05%	-41.14%
SK Growth Opportunities	N/A	-44.09%	3.59%

Insider & Institutional Ownership

35.4% of Rigetti Computing shares are owned by institutional investors. Comparatively, 92.5% of SK Growth Opportunities shares are owned by institutional investors. 2.6% of Rigetti Computing shares are owned by insiders. Comparatively, 20.0% of SK Growth Opportunities shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

Rigetti Computing has a beta of 2.32, suggesting that its stock price is 132% more volatile than the S&P 500. Comparatively, SK Growth Opportunities has a beta of 0.02, suggesting that its stock price is 98% less volatile than the S&P 500.

Summary

SK Growth Opportunities beats Rigetti Computing on 6 of the 10 factors compared between the two stocks.

About Rigetti Computing

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 SK Growth Opportunities

SK Growth Opportunities Corporation does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.