Sifting through countless of stocks in the Semiconductors & Semiconductor Equipment industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Rigetti Computing, Inc. or QUALCOMM Incorporated because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Rigetti Computing, Inc. and QUALCOMM Incorporated compare based on key financial metrics to determine which better meets your investment needs.

About Rigetti Computing, Inc. and QUALCOMM Incorporated

Rigetti Computing, Inc., through its subsidiaries, builds and operates quantum computers and the superconducting quantum processors the United States, the United Kingdom, rest of Europe, Asia, and internationally. The company offers quantum processing units (QPUs) and quantum computing systems to provide access to quantum computing systems through the cloud in the form of quantum computing as a service (QCaaS). It provides Novera, a 9-qubit chip QPU that features tunable couplers for fast two-qubit operations and a 5-qubit chip for testing single-qubit operations; Novera QPU that is based in fourth generation Ankaa-class architecture; 36-qubit Cepheus-1-36Q system, a multi-chip quantum computer; and 84-qubit Ankaa-3 quantum computer. The company also sells access to its quantum computers through QCaaS. In addition, the company offers Rigetti quantum cloud services, a platform that provides support for various range of programming capabilities, public or private clouds integration, and connectivity, as well as quantum operating system software that supports public and private cloud architectures. Further, it offers QCS Outpost, a distributed software environment for operating, administering, and monitoring the overall system; Rigetti Foundry Services that delivers superconducting quantum chips to advance and accelerate quantum information science and technology research and development; and professional services, such as algorithm development, benchmarking, quantum application programming, and software development. The company serves commercial enterprises, government organizations, and international government entities, as well as academia, defense laboratories, and national laboratories. Rigetti Computing, Inc. was founded in 2013 and is headquartered in Berkeley, California.

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software with connectivity and computing technologies for use in mobile devices; automotive systems for connectivity, digital cockpit, and ADAS/AD; and IoT, including consumer electronic devices, industrial devices, and edge networking products. The QTL segment grants licenses or provides rights to use portions of its intellectual property portfolio, which include various patent rights useful in the manufacture and sale of wireless products comprising products implementing LTE, and/or OFDMA-based 5G products and derivatives; to use cellular standard-essential patents, including 3G, 4G and 5G for cellular devices. The QSI segment invests in early-stage companies in various industries, including 5G, artificial intelligence, automotive, consumer, enterprise, cloud, IoT, and extended reality, and investments, including non-marketable equity securities and, to a lesser extent, marketable equity securities, and convertible debt instruments. It also provides development, and other services and sells related products to the United States government agencies and their contractors. In addition, the company is also involved in Qualcomm government technologies and data center businesses. Further, it provides security and intelligence services for unmanaged networks through software-based network security solutions. QUALCOMM Incorporated was incorporated in 1985 and is headquartered in San Diego, California.

Latest Semiconductors & Semiconductor Equipment and Rigetti Computing, Inc., QUALCOMM Incorporated Stock News

As of July 31, 2026, Rigetti Computing, Inc. had a $5.0 billion market capitalization, compared to the Semiconductors & Semiconductor Equipment median of $4.6 million. Rigetti Computing, Inc.’s stock is down 32.5% in 2026, up 5.7% in the previous five trading days and up 5.51% in the past year.

Currently, Rigetti Computing, Inc. does not have a price-earnings ratio. Rigetti Computing, Inc.’s trailing 12-month revenue is $10.0 million with a % net profit margin. Year-over-year quarterly sales growth most recently was 193.3%. Analysts expect adjusted earnings to reach $-0.184 per share for the current fiscal year. Rigetti Computing, Inc. does not currently pay a dividend.

As of July 31, 2026, QUALCOMM Incorporated had a $157.6 billion market cap, putting it in the 98th percentile of all stocks. QUALCOMM Incorporated’s stock is down 13.7% in 2026, down 11.6% in the previous five trading days and down 7.2% in the past year.

Currently, QUALCOMM Incorporated’s price-earnings ratio is 17.2. QUALCOMM Incorporated’s trailing 12-month revenue is $44.1 billion with a 21.0% net profit margin. Year-over-year quarterly sales growth most recently was -4.0%. Analysts expect adjusted earnings to reach $10.551 per share for the current fiscal year. QUALCOMM Incorporated currently has a 2.5% dividend yield.

How We Compare Rigetti Computing, Inc. and QUALCOMM Incorporated Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Rigetti Computing, Inc. and QUALCOMM Incorporated’s stock grades to see how they measure up against one another.

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Rigetti Computing, Inc. and QUALCOMM Incorporated Growth Grades

Company	Ticker	Growth
Rigetti Computing, Inc.	RGTI	F
QUALCOMM Incorporated	QCOM	A

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Rigetti Computing, Inc. has a Growth Score of 10, which is Very Weak. QUALCOMM Incorporated has a Growth Score of 83, which is Very Strong.

The Growth Grade Winner: QUALCOMM Incorporated

As you can clearly see from the Growth Grade breakdown above, QUALCOMM Incorporated has a more attractive growth grade than Rigetti Computing, Inc.. For investors who focus solely on how a company is growing relative to other companies in the same industry, QUALCOMM Incorporated could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Rigetti Computing, Inc. and QUALCOMM Incorporated’s Quality Grades

Company	Ticker	Quality
Rigetti Computing, Inc.	RGTI	D
QUALCOMM Incorporated	QCOM	A

Like the Value Grade, AAII’s A+ Investor Quality Grade comes from the percentile rank of key metrics. Specifically, the Quality Score is the percentile rank of the average of the percentile ranks of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and the F-Score.

The score is variable, meaning it can consider all eight measures or, should any of the eight measures not be valid, the remaining measures that are valid. To be assigned a Quality Score, stocks must have a valid (non-null) measure and corresponding ranking for at least four of the eight quality measures.

The Quality Score is used to assess the underlying “quality” of a particular stock. A higher-quality stock possesses traits associated with upside potential and reduced downside risk. Backtesting of the Quality Grade shows that stocks with higher grades, on average, outperformed stocks with lower grades over the period of 1998 through 2019.

Stocks receive better grades (higher scores) for having higher scores for the quality subcomponents and worse grades (lower scores) for lower scores for the subcomponents.

Rigetti Computing, Inc. has a Quality Score of 36, which is Weak. QUALCOMM Incorporated has a Quality Score of 94, which is Very Strong.

The Quality Grade Winner: QUALCOMM Incorporated

As you can clearly see from the Quality Grade breakdown above, QUALCOMM Incorporated has a better overall quality grade than Rigetti Computing, Inc.. For investors who are looking for companies with higher quality than others in the same industry, QUALCOMM Incorporated could be a good stock to add to their portfolios. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Rigetti Computing, Inc. and QUALCOMM Incorporated’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Rigetti Computing, Inc.	RGTI	D
QUALCOMM Incorporated	QCOM	D

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Rigetti Computing, Inc. has a Earnings Estimate Score of 27, which is Negative. QUALCOMM Incorporated has a Earnings Estimate Score of 33, which is Negative.

The Earnings Estimate Revisions Stock Winner: No Clear Winner

Neither Rigetti Computing, Inc. or QUALCOMM Incorporated has an Earnings Estimate Revisions Grade that could be considered a “winner.” Investors considering these companies should do additional due diligence and research to see if either could be a good addition to their portfolios. It’s important to look at a wide range of financial metrics in order to determine if Rigetti Computing, Inc. or QUALCOMM Incorporated is the better investment when it comes to estimate revisions.

Other Rigetti Computing, Inc. and QUALCOMM Incorporated Grades

In addition to Estimate Revisions, Growth and Quality, A+ Investor also provides grades for Value and Momentum.

Momentum grades help uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Rigetti Computing, Inc. and QUALCOMM Incorporated pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Rigetti Computing, Inc. or QUALCOMM Incorporated Stock?

Overall, Rigetti Computing, Inc. stock has a Growth Score of 10, Estimate Revisions Score of 27 and Quality Score of 36.

QUALCOMM Incorporated stock has a Growth Score of 83, Estimate Revisions Score of 33 and Quality Score of 94.

Comparing Rigetti Computing, Inc. and QUALCOMM Incorporated’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.