Rigetti Computing (NASDAQ:RGTI – Get Rating) and Plum Acquisition Corp. I (NASDAQ:PLMI – Get Rating) are both small-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, earnings, risk, dividends, institutional ownership, analyst recommendations and profitability.
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, Plum Acquisition Corp. I has a beta of 0.01, suggesting that its share price is 99% less volatile than the S&P 500.
Get Rigetti Computing alerts:Insider & Institutional Ownership
43.3% of Rigetti Computing shares are owned by institutional investors. Comparatively, 69.4% of Plum Acquisition Corp. I shares are owned by institutional investors. 0.5% of Rigetti Computing shares are owned by insiders. Comparatively, 20.0% of Plum Acquisition Corp. I shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Analyst Ratings
This is a breakdown of current ratings and recommmendations for Rigetti Computing and Plum Acquisition Corp. I, as provided by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Rigetti Computing | 0 | 1 | 4 | 0 | 2.80 |
| Plum Acquisition Corp. I | 0 | 0 | 0 | 0 | N/A |
Rigetti Computing presently has a consensus target price of $2.17, indicating a potential upside of 258.66%. Given Rigetti Computing's higher probable upside, equities research analysts clearly believe Rigetti Computing is more favorable than Plum Acquisition Corp. I.
Profitability
This table compares Rigetti Computing and Plum Acquisition Corp. I's 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% |
| Plum Acquisition Corp. I | N/A | -51.20% | 2.83% |
Earnings and Valuation
This table compares Rigetti Computing and Plum Acquisition Corp. I's revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Rigetti Computing | $13.10 million | 5.94 | -$71.52 million | ($0.64) | -0.94 |
| Plum Acquisition Corp. I | N/A | N/A | $6.59 million | N/A | N/A |
Plum Acquisition Corp. I has lower revenue, but higher earnings than Rigetti Computing.
About Rigetti Computing
(Get Rating)
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.
About Plum Acquisition Corp. I
(Get Rating)
Plum Acquisition Corp. I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in San Francisco, California.
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