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

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

Earnings & Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
SK Growth Opportunities	N/A	N/A	$8.14 million	N/A	N/A
Rigetti Computing	$12.01 million	15.32	-$75.11 million	($0.53)	-2.02

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

Analyst Ratings

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

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

Rigetti Computing has a consensus target price of $3.17, indicating a potential upside of 195.95%. Given Rigetti Computing’s higher possible upside, analysts plainly believe Rigetti Computing is more favorable than SK Growth Opportunities.

Profitability

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

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

Volatility & Risk

SK Growth Opportunities has a beta of 0.02, suggesting that its stock price is 98% less volatile than the S&P 500. Comparatively, Rigetti Computing has a beta of 2.33, suggesting that its stock price is 133% more volatile than the S&P 500.

Insider & Institutional Ownership

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

Summary

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

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.

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.