Arqit Quantum Inc. (ARQQ)

NASDAQ: ARQQ · IEX Real-Time Price · USD
0.600
0.00 (0.00%)
At close: Feb 27, 2024, 4:00 PM
0.601
+0.001 (0.08%)
After-hours: Feb 27, 2024, 7:57 PM EST
0.00%
Market Cap 98.44M
Revenue (ttm) 640,000
Net Income (ttm) -70.39M
Shares Out 164.07M
EPS (ttm) -0.56
PE Ratio n/a
Forward PE 18.73
Dividend n/a
Ex-Dividend Date n/a
Volume 1,146,546
Open 0.622
Previous Close 0.600
Day's Range 0.580 - 0.659
52-Week Range 0.391 - 1.650
Beta 0.84
Analysts Buy
Price Target 2.25 (+275.0%)
Earnings Date Nov 21, 2023

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 2 analysts, the average rating for ARQQ stock is "Buy." The 12-month stock price forecast is $2.25, which is an increase of 275.00% from the latest price.

Price Target
$2.25
(275.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 days 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

22 days 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...

27 days 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...

5 weeks 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), ...

6 weeks 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...

2 months 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...

2 months ago - GlobeNewsWire

Arqit Quantum Inc. Announces Financial and Operational Results for the Fiscal Year 2023

$5.6 million of revenue and other operating income from discontinued operations for fiscal year 2023 Revenue for the second half of fiscal year 2023 from the sale of QuantumCloud™ symmetric key agreem...

3 months ago - GlobeNewsWire

Arqit Sets Fiscal Year 2023 Conference Call for Tuesday, November 21, 2023 at 11:00 a.m. ET

LONDON, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a global leader in quantum safe encryption, announced it will report financial results for the fiscal year ending September 30, ...

3 months ago - GlobeNewsWire

DETASAD and Arqit announce pioneering partnership to elevate cyber security solutions

LONDON , Nov. 2, 2023 /PRNewswire/ -- Arqit Quantum Inc. (NASDAQ: ARQQ) (NASDAQ: ARQQW) (Arqit), a leader in quantum-safe encryption, and DETASAD, a leading provider of telecommunications and Technolo...

4 months ago - PRNewsWire

Arqit Quantum Inc. Announces Closing of $16.2 Million Registered Direct Offering

LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit” or the “Company”), a global leader in quantum encryption technology, today announced the closing of its pre...

6 months ago - GlobeNewsWire

Arqit and Exclusive Networks announce US distribution partnership

LONDON, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Exclusive Networks North America, a global trusted cybersecurity s...

6 months ago - GlobeNewsWire

Arqit Quantum Inc. Announces $16.2 Million Registered Direct Offering

LONDON, Sept. 08, 2023 (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...

6 months ago - GlobeNewsWire

Arqit: New Product Launch and Business Update

LONDON , Sept. 7, 2023 /PRNewswire/ -- Arqit Quantum Inc. (Nasdaq: ARQQ) (Nasdaq: ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the launch of its third application product, Arqi...

6 months ago - PRNewsWire

Arqit launches the world's first integrated solution for quantum-safe VPN connectivity using Symmetric Key Agreement

Juniper Networks provides secure networking technology for the quantum-safe VPN connectivity solution through a technology alliance with Arqit LONDON , Sept. 5, 2023 /PRNewswire/ -- Arqit Quantum Inc....

6 months ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Arqit Quantum, Inc. (ARQQ) (f/k/a Centricus Acquisition Corp.)

NEW YORK , June 15, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Arqit Quantum, Inc. f/k/a Centricus Acquisition Corp. ("Arqit" or the "Company") (NASDAQ: ARQQ)...

9 months ago - PRNewsWire

Arqit: Consortium delivers world's first cross-border quantum-secure digital trade transaction

LONDON, June 15, 2023 (GLOBE NEWSWIRE) -- An international consortium of industry and technical experts, supported by government, business and other organisations have completed the world's first quan...

9 months ago - GlobeNewsWire

Arqit Quantum Inc. Announces Financial and Operational Results for the First Half of Fiscal Year 2023

$2.6 million of revenue and other operating income for the six month period First cloud platform revenues generated through previously announced channel partnership Significant cost reduction initiati...

10 months ago - GlobeNewsWire

Arqit Sets First Half 2023 Conference Call for Wednesday, May 17, 2023 at 11:00 a.m. ET

LONDON, May 03, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a global leader in quantum encryption technology, announced it will report financial results for the six months ending March 31, ...

10 months ago - GlobeNewsWire

Arqit brings data security expertise to world-leading Centre for Digital Trade and Innovation

Leader in quantum-safe encryption technology brings security expertise to public-private partnership making trade cheaper, simpler, faster and more sustainable.

11 months ago - GlobeNewsWire

Arqit Quantum Inc. Announces $20 Million Registered Direct Offering

LONDON, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a global leader in quantum encryption technology, today announced that it has entered into a definitive se...

1 year ago - GlobeNewsWire

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1 year ago - Benzinga

Arqit hires senior cyber security executive

LONDON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ: ARQQ, ARQQW) (“Arqit”), a leader in quantum-safe encryption, today announced that Tracey Pretorius has joined the company as SVP C...

1 year ago - GlobeNewsWire