Rigetti Computing (NASDAQ:RGTI – Get Free Report) and Doximity (NASDAQ:DOCS – Get Free Report) are both computer and technology companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.
Institutional & Insider Ownership
35.4% of Rigetti Computing shares are held by institutional investors. Comparatively, 87.2% of Doximity shares are held by institutional investors. 2.8% of Rigetti Computing shares are held by company insiders. Comparatively, 37.4% of Doximity shares are held 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.
Analyst Ratings
This is a summary of current ratings and price targets for Rigetti Computing and Doximity, as reported by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Rigetti Computing | 0 | 0 | 5 | 0 | 3.00 |
| Doximity | 0 | 11 | 8 | 2 | 2.57 |
Profitability
This table compares Rigetti Computing and Doximity’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Rigetti Computing | -509.58% | -51.56% | -37.78% |
| Doximity | 36.60% | 22.38% | 18.99% |
Risk and Volatility
Rigetti Computing has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500. Comparatively, Doximity has a beta of 1.39, meaning that its stock price is 39% more volatile than the S&P 500.
Earnings & Valuation
This table compares Rigetti Computing and Doximity”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Rigetti Computing | $11.89 million | 170.11 | -$75.11 million | ($0.38) | -27.68 |
| Doximity | $475.42 million | 30.61 | $147.58 million | $1.00 | 77.94 |
Doximity has higher revenue and earnings than Rigetti Computing. Rigetti Computing is trading at a lower price-to-earnings ratio than Doximity, indicating that it is currently the more affordable of the two stocks.
Summary
Doximity beats Rigetti Computing on 13 of the 15 factors compared between the two stocks.
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.
About Doximity
Doximity, Inc. operates a cloud-based digital platform for medical professionals in the United States. The company's platform provides its members with tools built for medical professionals, enabling them to collaborate with their colleagues, coordinate patient care, conduct virtual patient visits, stay up to date with the latest medical news and research, and manage their careers. It primarily serves pharmaceutical manufacturers and healthcare systems. The company was formerly known as 3MD Communications, Inc. and changed its name to Doximity, Inc. in June 2010. Doximity, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.
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