Arqit Quantum Inc. (ARQQ)

NASDAQ: ARQQ · Real-Time Price · USD
7.59
-0.33 (-4.17%)
At close: Nov 18, 2024, 4:00 PM
7.50
-0.09 (-1.20%)
After-hours: Nov 18, 2024, 6:24 PM EST
-4.17%
Market Cap 93.09M
Revenue (ttm) 740,000
Net Income (ttm) -99.74M
Shares Out 12.27M
EPS (ttm) -16.64
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 154,840
Open 8.17
Previous Close 7.92
Day's Range 7.38 - 8.27
52-Week Range 3.72 - 23.00
Beta 1.17
Analysts Strong Buy
Price Target 50.00 (+558.76%)
Earnings Date Nov 26, 2024

About ARQQ

Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc. is based in London, the United Kingdom. [Read more]

Sector Technology
Founded 2017
Employees 147
Stock Exchange NASDAQ
Ticker Symbol ARQQ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for ARQQ stock is "Strong Buy" and the 12-month stock price forecast is $50.0.

Price Target
$50.0
(558.76% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Arqit Quantum Inc. Announces $13.6 Million Registered Direct Offering

LONDON, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit” or the “Company”), a global leader in quantum encryption technology, today announced that it has entered in...

7 weeks ago - GlobeNewsWire

Arqit announces leadership transition with the appointment of a new Chief Executive Officer

LONDON, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW), a leading provider of quantum-safe encryption, today announced a leadership transition. Andy Leaver, a seasoned sof...

7 weeks ago - GlobeNewsWire

Arqit Quantum Inc. Announces 25:1 Reverse Share Split

LONDON, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ) (“Arqit” or the “Company”), a leader in quantum safe encryption, today announces that, following approval by the Company's ...

2 months ago - GlobeNewsWire

Sparkle Pioneers Network-as-a-Service (NaaS) with Quantum-Safe Internet Use Case

Sparkle's NaaS successful proof of concept paves the way for commercial launch planned by the end of the year Sparkle's NaaS successful proof of concept paves the way for commercial launch planned by ...

3 months ago - GlobeNewsWire

Arqit Quantum Inc. (ARQQ) Q2 2024 Earnings Call Transcript

Arqit Quantum Inc. (NASDAQ:ARQQ) Q2 2024 Earnings Call Transcript May 20, 2024 11:00 AM ET Company Participants David Williams - Founder, Chairman and CEO Nick Pointon - CFO Conference Call Participa...

6 months ago - Seeking Alpha

Arqit Quantum Inc. Announces Financial and Operational Results for the First Half of Fiscal Year 2024

$119,000 of revenue for the six month period ended 31 March 2024 with certain prospective deals slipping to the second half of the fiscal year

6 months ago - GlobeNewsWire

Sparkle Successfully Completes First Test of an International VPN Protected with Quantum Encryption

The trial, also supported by Telsy's specific expertise, has confirmed the first Internet Protocol secure (IPsec) tunnel between Italy and Germany with advanced quantum-safe protection methods The tri...

6 months ago - GlobeNewsWire

Arqit warns CISOs why they must act now to secure their data ready for the post-quantum world

LONDON, May 09, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today urges CISOs and security teams to urgently address their post-quan...

6 months ago - GlobeNewsWire

Arqit Sets First Half 2024 Conference Call for Monday, May 20, 2024 at 11:00 a.m. ET

LONDON, May 06, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a leader in quantum safe encryption, announced it will report financial results for the six months ending March 31, 2024 on Monda...

7 months ago - GlobeNewsWire

Arqit and SoftIron Partner to sell more secure data center deployments

LONDON, May 02, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and SoftIron, the worldwide leader in true private cloud infrastructure ...

7 months ago - GlobeNewsWire

Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions

LONDON, April 29, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the creation of the World's First Quantum-Safe, 1.89 T...

7 months ago - GlobeNewsWire

Satellite Applications Catapult trials Arqit Network Secure™

LONDON, April 24, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the successful trial deployment of Arqit's Network Sec...

7 months ago - GlobeNewsWire

Arqit founders to buy shares

LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, announced today that D2BW Limited, an existing shareholder beneficiall...

7 months ago - GlobeNewsWire

Arqit clarifies certain Form 144 filings

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, announced today clarification regarding certain Form 144 filings. On a...

8 months ago - GlobeNewsWire

LuxAG partners with Arqit and Traxpay to finance digital negotiable instruments

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), Traxpay GmbH (Traxpay) and Lux Kapitalmarkt Management AG (LuxAG), have entered into a trade and supply cha...

8 months ago - GlobeNewsWire

Vayana TradeXchange partners with Arqit to transform trade finance

LONDON, March 27, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), and Vayana TradeXchange announce a partnership to use Arqit's TradeSecure™ digital negotiable instrument te...

8 months ago - GlobeNewsWire

Arqit announces reseller agreement with Total Computers

LONDON, March 05, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced a reseller agreement with Total Computers (Total), the...

9 months ago - GlobeNewsWire

Arqit Awarded Top Honors in Two Categories at the Global Mobile Awards at 2024 Mobile World Congress

LONDON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption was honoured to receive two Glomo awards at Mobile World Congress on Feb...

9 months ago - GlobeNewsWire

Arqit and CableFree deliver world's first quantum-safe 5G cellular technology products

LONDON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and CableFree: Wireless Excellence Ltd (CableFree), a leader in 5G Radi...

9 months ago - GlobeNewsWire

Arqit and Carahsoft Partner to Bring Symmetric Key Agreement Cybersecurity Product to the US Public Sector

Groundbreaking Cybersecurity Solution Now Available to US Government Agencies Groundbreaking Cybersecurity Solution Now Available to US Government Agencies

10 months ago - GlobeNewsWire

Arqit awarded ISO 27001 Certification for Information Security Management

LONDON, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, has received ISO/IEC 27001 certification for information security and c...

10 months ago - GlobeNewsWire

Ampliphae, HPE Athonet and Arqit deliver Quantum-Safe Private 5G using Symmetric Key Agreement

LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Ampliphae Ltd (Ampliphae), a leader in network cyber security solut...

10 months ago - GlobeNewsWire

Arqit announces reseller agreement with Phalanx

LONDON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced a reseller agreement with Phalanx Solutions (Phalanx), ...

11 months ago - GlobeNewsWire

Arqit, BT, and Fortinet Launch Quantum-Safe VPN to Protect Against Evolving Cyberthreats

LONDON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, BT Group (LSE: BT.A), and Fortinet (Nasdaq: FTNT) today announced the l...

1 year ago - GlobeNewsWire

UPDATE -- Babcock develops cutting-edge communications and control technology in partnership with Arqit

LONDON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Babcock International Group (Babcock) has developed a technology with the capability of controlling single or entire fleets of vehicles in a defence environme...

1 year ago - GlobeNewsWire