InvestMoat

IonQ vs Rigetti

Closer than you think?

IonQ wins, 65 to 59, on moat and growth.

IONQ · Semiconductors

IonQ, Inc.

…

Speculative BuyFull analysis

RGTI · Semiconductors

Rigetti Computing, Inc.

…

AvoidFull analysis

IONQ

RGTI

Composite
65
(higher)
59
Moat
60
(higher)
48
Growth
79
(higher)
77
Valuation
60
60

IONQ

RGTI

Bear
$16
$6
Base
$30
$12
Bull
$60
$30
Upside to base
—
—

IONQ

RGTI

Revenue CAGR, 3–5 yr
35–50%
20–30%

IONQ

RGTI

Proprietary Data
Intact (higher)
Weakened
Regulatory Lock-In
Intact
Intact
Network Effects
N/A
N/A
Transaction Embedding
N/A
N/A
System of Record
N/A
N/A
Scale Economics
N/A
N/A
Brand & Pricing Power
N/A
N/A

IONQ

RGTI

Learned Interfaces
N/A
N/A
Business Logic
Weakened
Weakened
Public Data Access
N/A
N/A
Talent Scarcity
Intact
Intact
Bundling
Weakened
Weakened

Shaded cells mark the higher score or stronger moat on each row. Valuation and composite use the live price when it is available, the same as each stock page.

Which is the better stock, IonQ or Rigetti?

IonQ wins, 65 to 59, on moat and growth. Our rating: IonQ Speculative Buy, Rigetti Avoid.

Does IonQ or Rigetti have the wider moat?

IonQ scores 60 on moat to Rigetti's 48. IonQ is rated stronger on proprietary data.

Which is growing faster, IonQ or Rigetti?

IonQ scores 79 on growth to Rigetti's 77. We expect IonQ to grow 35–50% a year, Rigetti 20–30%.

Is IonQ or Rigetti cheaper right now?

Both score 60 on valuation. In our base case, IonQ has less downside: −19% vs −26%.

Scores in the answers use the price each valuation was last struck at; the table above updates with the live price. Not investment advice.