Comparing Rigetti Computing (NASDAQ:RGTI) and MicroAlgo (NASDAQ:MLGO)

MicroAlgo (NASDAQ:MLGO) and Rigetti Computing (NASDAQ:RGTI) are both business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Volatility & Risk

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

Analyst Recommendations

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

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

Rigetti Computing has a consensus price target of $5.70, suggesting a potential downside of 56.72%. Given Rigetti Computing’s stronger consensus rating and higher possible upside, analysts clearly believe Rigetti Computing is more favorable than MicroAlgo.

Insider & Institutional Ownership

1.1% of MicroAlgo shares are owned by institutional investors. Comparatively, 35.4% of Rigetti Computing shares are owned by institutional investors. 22.7% of MicroAlgo shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Profitability

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

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

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
MicroAlgo	$81.89 million	0.00	-$37.87 million	N/A	N/A
Rigetti Computing	$12.01 million	210.87	-$75.11 million	($0.38)	-34.66

MicroAlgo has higher revenue and earnings than Rigetti Computing.

Summary

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

About MicroAlgo

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.

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.