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
* 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 '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 1 | 1 | 1 | 1 | 1 | 1 |
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 |
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
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 2.9M | 10.9M |
Avg | 2.8M | 10.6M |
Low | 2.7M | 10.2M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 354.7% | 285.9% |
Avg | 341.6% | 274.9% |
Low | 324.4% | 260.2% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | -4.46 | -2.10 |
Avg | -4.34 | -2.04 |
Low | -4.17 | -1.96 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
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.