Financial Analysis: Rigetti Computing (NASDAQ:RGTI) & Bright Mountain Media (OTCMKTS:BMTM)

Bright Mountain Media (OTCMKTS:BMTM) and Rigetti Computing (NASDAQ:RGTI) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their risk, institutional ownership, profitability, earnings, valuation, dividends and analyst recommendations.

Analyst Recommendations

This is a summary of current recommendations for Bright Mountain Media and Rigetti Computing, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bright Mountain Media	0	0	0	0	0.00
Rigetti Computing	0	0	5	0	3.00

Rigetti Computing has a consensus price target of $7.00, indicating a potential downside of 40.73%. Given Rigetti Computing’s stronger consensus rating and higher possible upside, analysts plainly believe Rigetti Computing is more favorable than Bright Mountain Media.

Volatility & Risk

Bright Mountain Media has a beta of 84.85, indicating that its share price is 8,385% more volatile than the S&P 500. Comparatively, Rigetti Computing has a beta of 1.26, indicating that its share price is 26% more volatile than the S&P 500.

Insider and Institutional Ownership

35.4% of Rigetti Computing shares are owned by institutional investors. 61.6% of Bright Mountain Media shares are owned by company insiders. Comparatively, 2.8% 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.

Profitability

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

	Net Margins	Return on Equity	Return on Assets
Bright Mountain Media	-34.94%	N/A	-45.20%
Rigetti Computing	-509.58%	-51.56%	-37.78%

Valuation and Earnings

This table compares Bright Mountain Media and Rigetti Computing”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bright Mountain Media	$44.55 million	0.14	-$35.56 million	($0.11)	-0.32
Rigetti Computing	$12.01 million	189.10	-$75.11 million	($0.38)	-31.08

Bright Mountain Media has higher revenue and earnings than Rigetti Computing. Rigetti Computing is trading at a lower price-to-earnings ratio than Bright Mountain Media, indicating that it is currently the more affordable of the two stocks.

Summary

Bright Mountain Media beats Rigetti Computing on 7 of the 13 factors compared between the two stocks.

About Bright Mountain Media

Bright Mountain Media, Inc. provides an end-to-end digital media and advertising services platform that connects brands with targeted consumer demographics in the United States and Israel. It focuses on digital publishing comprising websites, including Mom.com, Cafemom.com, LittleThings.com, and MamasLatinas.com; and advertising technology, consumer insights, creative, and media services. The company serves advertisers, advertising agencies and advertising service organizations. The company was formerly known as Bright Mountain Acquisition Corporation and changed its name to Bright Mountain Media, Inc. in December 2015. Bright Mountain Media, Inc. is based in Boca Raton, Florida.

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.