Arqit Quantum Inc. (ARQQ)

Market Cap	376.75M
Revenue (ttm)	293,000
Net Income (ttm)	-23.98M
Shares Out	12.50M
EPS (ttm)	-4.74
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	899,930
Open	40.00
Previous Close	37.00
Day's Range	27.23 - 40.00
52-Week Range	3.72 - 42.90
Beta	2.50
Analysts	Strong Buy
Price Target	27.00 (-10.39%)
Earnings Date	Dec 31, 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.

• Industry: Software - Infrastructure
• Sector: Technology
• Founded: 2017
• Employees: 82
• Stock Exchange: NASDAQ
• Ticker Symbol: ARQQ
• Website: https://arqit.uk

Financial Performance

In 2024, Arqit Quantum's revenue was $293,000, a decrease of -54.22% compared to the previous year's $640,000. Losses were -$23.98 million, -45.47% less than in 2023.

Analyst Forecast

According to one analyst, the rating for ARQQ stock is "Strong Buy" and the 12-month stock price forecast is $27.0.

Price Target

$27.0

(-10.39% downside)

Analyst Consensus: Strong Buy