AltEnergy Acquisition (NASDAQ:AEAE – Get Free Report) and Rigetti Computing (NASDAQ:RGTI – Get Free Report) are both small-cap unclassified companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, valuation, analyst recommendations, dividends, institutional ownership, profitability and earnings.
Analyst Ratings
This is a breakdown of current recommendations for AltEnergy Acquisition and Rigetti Computing, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
AltEnergy Acquisition | 0 | 0 | 0 | 0 | N/A |
Rigetti Computing | 0 | 0 | 4 | 0 | 3.00 |
Rigetti Computing has a consensus target price of $2.88, suggesting a potential upside of 281.50%. Given Rigetti Computing’s higher possible upside, analysts clearly believe Rigetti Computing is more favorable than AltEnergy Acquisition.
Institutional and Insider Ownership
Earnings & Valuation
This table compares AltEnergy Acquisition and Rigetti Computing’s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
AltEnergy Acquisition | N/A | N/A | N/A | N/A | N/A |
Rigetti Computing | $12.01 million | 12.00 | -$75.11 million | ($0.53) | -1.42 |
AltEnergy Acquisition has higher earnings, but lower revenue than Rigetti Computing.
Profitability
This table compares AltEnergy Acquisition and Rigetti Computing’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
AltEnergy Acquisition | N/A | N/A | N/A |
Rigetti Computing | -538.72% | -54.61% | -38.67% |
Volatility & Risk
AltEnergy Acquisition has a beta of 0.07, indicating that its share price is 93% less volatile than the S&P 500. Comparatively, Rigetti Computing has a beta of 2.3, indicating that its share price is 130% more volatile than the S&P 500.
Summary
Rigetti Computing beats AltEnergy Acquisition on 5 of the 9 factors compared between the two stocks.
About AltEnergy Acquisition
AltEnergy Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. AltEnergy Acquisition Corp. was incorporated in 2021 and is based in New York, New York.
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.
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