RGTI vs. CRNC, RMNI, SIFY, CAN, OOMA, TCX, STEM, ITI, RMBL, and QBTS
Should you be buying Rigetti Computing stock or one of its competitors? The main competitors of Rigetti Computing include Cerence (CRNC), Rimini Street (RMNI), Sify Technologies (SIFY), Canaan (CAN), Ooma (OOMA), Tucows (TCX), Stem (STEM), Iteris (ITI), RumbleOn (RMBL), and D-Wave Quantum (QBTS). These companies are all part of the "computer and technology" sector.
Cerence (NASDAQ:CRNC) and Rigetti Computing (NASDAQ:RGTI) are both small-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their earnings, institutional ownership, analyst recommendations, risk, valuation, community ranking, media sentiment, dividends and profitability.
Cerence presently has a consensus price target of $10.08, indicating a potential upside of 155.27%. Rigetti Computing has a consensus price target of $3.17, indicating a potential upside of 180.24%. Given Cerence's stronger consensus rating and higher probable upside, analysts clearly believe Rigetti Computing is more favorable than Cerence.
Cerence has higher revenue and earnings than Rigetti Computing. Rigetti Computing is trading at a lower price-to-earnings ratio than Cerence, indicating that it is currently the more affordable of the two stocks.
Cerence has a beta of 2.57, indicating that its stock price is 157% more volatile than the S&P 500. Comparatively, Rigetti Computing has a beta of 2.45, indicating that its stock price is 145% more volatile than the S&P 500.
Cerence has a net margin of -80.93% compared to Cerence's net margin of -563.97%. Rigetti Computing's return on equity of 3.66% beat Cerence's return on equity.
Cerence received 72 more outperform votes than Rigetti Computing when rated by MarketBeat users. However, 63.64% of users gave Rigetti Computing an outperform vote while only 57.72% of users gave Cerence an outperform vote.
In the previous week, Rigetti Computing had 8 more articles in the media than Cerence. MarketBeat recorded 11 mentions for Rigetti Computing and 3 mentions for Cerence. Cerence's average media sentiment score of 0.30 beat Rigetti Computing's score of 0.13 indicating that Rigetti Computing is being referred to more favorably in the news media.
91.4% of Cerence shares are owned by institutional investors. Comparatively, 35.4% of Rigetti Computing shares are owned by institutional investors. 1.2% of Cerence shares are owned by company insiders. Comparatively, 2.6% of Rigetti Computing shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
Summary
Cerence and Rigetti Computing tied by winning 9 of the 18 factors compared between the two stocks.
Get Rigetti Computing News Delivered to You Automatically
Sign up to receive the latest news and ratings for RGTI and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding RGTI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Rigetti Computing Competitors List
Related Companies and Tools
