Arqit Quantum Inc. (ARQQ)
NASDAQ: ARQQ · Real-Time Price · USD
7.59
-0.33 (-4.17%)
Nov 18, 2024, 4:00 PM EST - Market closed

Arqit Quantum Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Arqit Quantum stock has a target of 50, which predicts an increase of 558.76% from the current stock price of 7.59.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $50 $50 $50 $50
Change +558.76% +558.76% +558.76% +558.76%
* Price targets were last updated on Jul 11, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for Arqit Quantum is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 111111
Buy 000000
Hold 000000
Sell 000000
Strong Sell 000000
Total 111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$50
Strong Buy Reiterates $50 +558.76% Jul 11, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$50
Strong Buy Reiterates $50 +558.76% May 29, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$75$50
Strong Buy Maintains $75$50 +558.76% May 15, 2024
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$100$75
Strong Buy Maintains $100$75 +888.14% Nov 22, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$150$100
Strong Buy Maintains $150$100 +1,217.52% Sep 27, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
2.83M
from 640.00K
Increased by 341.56%
Revenue Next Year
10.60M
from 2.83M
Increased by 274.91%
EPS This Year
-4.34
from -14.06
EPS Next Year
-2.04
from -4.34
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Period Ending Sep 30, 2019 Sep 30, 2020 Sep 30, 2021 Sep 30, 2022 Sep 30, 2023 Sep 30, 2024 Sep 30, 2025
Revenue
--48.00K7.21M640.00K2.83M10.60M
Revenue Growth
---14,925.00%-91.13%341.56%274.91%
EPS
0.58-0.24-99.4210.95-14.06-4.34-2.04
EPS Growth
-------
Forward PE
-------
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 2.9M 10.9M
Avg 2.8M 10.6M
Low 2.7M 10.2M

Revenue Growth

Revenue Growth 20242025
High
354.7%
285.9%
Avg
341.6%
274.9%
Low
324.4%
260.2%

EPS Forecast

EPS 20242025
High -4.46 -2.10
Avg -4.34 -2.04
Low -4.17 -1.96

EPS Growth

EPS Growth 20242025
High - -
Avg - -
Low - -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.