Head-To-Head Comparison: byNordic Acquisition (NASDAQ:BYNO) & Rigetti Computing (NASDAQ:RGTI)

byNordic Acquisition (NASDAQ:BYNO – Get Free Report) and Rigetti Computing (NASDAQ:RGTI – Get Free Report) are both small-cap unclassified companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, dividends, earnings, profitability, analyst recommendations, institutional ownership and valuation.

Insider and Institutional Ownership

32.9% of byNordic Acquisition shares are held by institutional investors. Comparatively, 35.4% of Rigetti Computing shares are held by institutional investors. 0.8% of byNordic Acquisition shares are held by insiders. Comparatively, 2.6% of Rigetti Computing shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares byNordic Acquisition and Rigetti Computing’s net margins, return on equity and return on assets.

Risk and Volatility

byNordic Acquisition has a beta of -0.01, suggesting that its stock price is 101% less volatile than the S&P 500. Comparatively, Rigetti Computing has a beta of 2.49, suggesting that its stock price is 149% more volatile than the S&P 500.

Valuation and Earnings

This table compares byNordic Acquisition and Rigetti Computing’s top-line revenue, earnings per share (EPS) and valuation.

byNordic Acquisition has higher earnings, but lower revenue than Rigetti Computing.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for byNordic Acquisition and Rigetti Computing, as provided by MarketBeat.com.

Rigetti Computing has a consensus target price of $2.75, indicating a potential upside of 78.57%. Given Rigetti Computing’s higher probable upside, analysts plainly believe Rigetti Computing is more favorable than byNordic Acquisition.

Summary

Rigetti Computing beats byNordic Acquisition on 6 of the 9 factors compared between the two stocks.

About byNordic Acquisition

(Get Free Report)

byNordic Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the financial technology sector in Northern Europe. byNordic Acquisition Corporation was incorporated in 2019 and is based in Malmö, Sweden.

About Rigetti Computing

(Get Free Report)

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.

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