Contrasting Alpha Technology Group (NASDAQ:ATGL) and Rigetti Computing (NASDAQ:RGTI)

Rigetti Computing (NASDAQ:RGTI) and Alpha Technology Group (NASDAQ:ATGL) are both computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, valuation, profitability, earnings, dividends, analyst recommendations and institutional ownership.

Insider & Institutional Ownership

35.4% of Rigetti Computing shares are owned by institutional investors. 2.8% of Rigetti Computing shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Profitability

This table compares Rigetti Computing and Alpha Technology Group’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%
Alpha Technology Group	N/A	N/A	N/A

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Rigetti Computing and Alpha Technology Group, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Rigetti Computing	0	0	5	0	3.00
Alpha Technology Group	0	0	0	0	0.00

Rigetti Computing presently has a consensus target price of $5.70, indicating a potential downside of 53.66%. Given Rigetti Computing’s stronger consensus rating and higher possible upside, analysts plainly believe Rigetti Computing is more favorable than Alpha Technology Group.

Valuation & Earnings

This table compares Rigetti Computing and Alpha Technology Group”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Rigetti Computing	$12.01 million	196.94	-$75.11 million	($0.38)	-32.37
Alpha Technology Group	$1.11 million	205.61	-$890,000.00	N/A	N/A

Alpha Technology Group has lower revenue, but higher earnings than Rigetti Computing.

Risk and Volatility

Rigetti Computing has a beta of 1.31, meaning that its share price is 31% more volatile than the S&P 500. Comparatively, Alpha Technology Group has a beta of 9.95, meaning that its share price is 895% more volatile than the S&P 500.

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 Alpha Technology Group

Alpha Technology Group Limited, through its subsidiaries, provides cloud-based information technology services in Hong Kong. The company primarily offers cloud-based and customized customer relationship management and enterprise resource planning systems; web and mobile application development services; artificial intelligence powered optical character recognition services; and technological support and maintenance, and other services, such as maintaining and enhancing services for systems. It serves customers from various industries, including consulting, real estate, architectural design, carpark management, electronic payment services, logistics, investments, retail, textiles, wholesale and distribution, social services, etc. The company was incorporated in 2022 and is based in Kwun Tong, Hong Kong.