Arqit Quantum Inc.

Arqit Quantum Inc. Stock Forecast & Price Prediction

Live Arqit Quantum Inc. Stock (ARQQ) Price
$19.98

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$19.98

P/E Ratio

1.35

Volume Traded Today

$453,300

Dividend

Dividends not available for ARQQ

52 Week High/low

32.50/3.72

Arqit Quantum Inc. Market Cap

$136.4M

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ARQQ Summary

Based on ratings from 0 stock analysts, the Arqit Quantum Inc. stock price is expected to increase by 600.7% in 12 months. This is calculated by using the average 12-month stock price forecast for Arqit Quantum Inc.. The lowest target is $50 and the highest is $230. Please note analyst price targets are not guaranteed and could be missed completely.

ARQQ Analyst Ratings

ARQQ is a stock in Technology which has been forecasted to be worth $140 as an average. On the higher end, the forecast price is $230 USD by from and on the lower end ARQQ is forecasted to be $50 by from .

ARQQ stock forecast by analyst

These are the latest 20 analyst ratings of ARQQ.

Analyst/Firm

Rating

Price Target

Change

Date

Scott Buck
HC Wainwright & Co.

Buy

$2

Reiterates

Jul 11, 2024
Scott Buck
HC Wainwright & Co.

Buy

$2

Reiterates

May 29, 2024
Scott Buck
HC Wainwright & Co.

Buy

$2

Maintains

May 15, 2024
Scott Buck
HC Wainwright & Co.

Buy

$3

Maintains

Nov 22, 2023
Scott Buck
HC Wainwright & Co.

Buy

$4

Maintains

Sep 27, 2023

Deutsche Bank

Hold


Maintains

May 31, 2023
Jamie Shelton
Deutsche Bank

Hold

$1.5

Maintains

May 18, 2023
Scott Buck
HC Wainwright & Co.

Buy

$6

Maintains

May 18, 2023
Scott Buck
HC Wainwright & Co.

Buy

$10

Reiterates

Mar 20, 2023
Scott Buck
HC Wainwright & Co.

Buy

$10

Maintains

Feb 22, 2023

Deutsche Bank

Hold


Maintains

Jan 17, 2023
Scott Buck
HC Wainwright & Co.

Buy

$14

Maintains

Dec 22, 2022
Jamie Shelton
Deutsche Bank

Hold

$7

Initiates

Jul 19, 2022

HC Wainwright & Co.

Buy


Initiates

Apr 26, 2022

ARQQ Company Information

What They Do: Provides cybersecurity services through satellite and terrestrial platforms.

Business Model: The company operates a Platform as a Service called QuantumCloud, which generates revenue by offering unbreakable software encryption keys. Additionally, it earns income through maintenance, support, and professional services, catering to a diverse range of clients in the cybersecurity sector.

Other Information: Based in London, UK, Arqit Quantum Inc. focuses on advanced encryption solutions, targeting clients who require high-level security for their data transmission needs.
ARQQ
Arqit Quantum Inc. (ARQQ)

When did it IPO

2021

Staff Count

147

Country

United Kingdom

Sector/Industry

Technology/Software - Infrastructure

CEO

Mr. Andrew J. Leaver

Market Cap

$136.4M

Arqit Quantum Inc. (ARQQ) Financial Data

In 2023, ARQQ generated $640,000 in revenue, which was a decrease of -91.13% from the previous year. This can be seen as a signal that ARQQ's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$48,000

0.00 %
From Previous Year

Revenue From 2022

$7.2M

14,925.00 %
From Previous Year

Revenue From 2023

$640,000

-91.13 %
From Previous Year
  • Revenue TTM $740,000
  • Operating Margin TTM -17,325.2%
  • Gross profit TTM $0
  • Return on assets TTM -50.6%
  • Return on equity TTM -162.1%
  • Profit Margin 0.0%
  • Book Value Per Share 2.31%
  • Market capitalisation $136.4M
  • Revenue for 2021 $48,000
  • Revenue for 2022 $7.2M
  • Revenue for 2023 $640,000
  • EPS this year (TTM) $-14.02

Arqit Quantum Inc. (ARQQ) Latest News

News Image

Tue, 26 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Arqit Quantum Inc. will report its fiscal year 2024 financial results on December 5, 2024.

Why It Matters - Arqit's financial results will reveal performance metrics and future outlook, influencing stock valuation and investor sentiment in the quantum encryption sector.

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Arqit Quantum Inc. has agreed to sell 5,440,000 ordinary shares at $2.50 each in a registered direct offering to existing shareholders, including directors and investment firms.

Why It Matters - Arqit Quantum's direct offering of shares at $2.50 indicates confidence from existing shareholders, potentially signaling growth and stability in the quantum encryption sector.

News Image

Fri, 27 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Arqit Quantum Inc. has appointed Andy Leaver as CEO, succeeding David Williams. This leadership change aligns with the company's shift towards revenue and operational growth.

Why It Matters - Leadership changes often signal shifts in company strategy and direction, impacting investor confidence. A focus on growth can indicate potential for increased revenue and stock performance.

News Image

Thu, 19 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Arqit Quantum Inc. (Nasdaq: ARQQ) will execute a 25:1 reverse share split following shareholder approval on September 18, 2024, reducing ordinary shares significantly.

Why It Matters - A 25:1 reverse stock split often signals a company's strategy to enhance its share price and attract institutional investors, affecting liquidity and market perception.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Sparkle's successful proof of concept for its Network as a Service (NaaS) positions the company for a commercial launch by year-end 2023.

Why It Matters - Sparkle's successful proof of concept for its NaaS indicates strong potential for revenue growth and market entry, which could drive stock performance and investor interest.

News Image

Mon, 20 May 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Arqit Quantum Inc. (NASDAQ:ARQQ) held its Q2 2024 earnings call on May 20, 2024, featuring CEO David Williams and CFO Nick Pointon.

Why It Matters - Arqit Quantum's Q2 2024 earnings call indicates potential insights into financial performance and strategic direction, impacting stock valuation and investor sentiment.

...

ARQQ Frequently asked questions

The highest forecasted price for ARQQ is $230 from at .

The lowest forecasted price for ARQQ is $50 from from

The ARQQ analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.