Arqit Quantum Inc. (ARQQ)
NASDAQ: ARQQ · IEX Real-Time Price · USD
0.497
-0.014 (-2.70%)
At close: Apr 12, 2024, 4:00 PM
0.510
+0.013 (2.68%)
After-hours: Apr 12, 2024, 7:13 PM EDT

Arqit Quantum Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for Arqit Quantum stock have an average target of 2.25, with a low estimate of 1.50 and a high estimate of 3.00. The average target predicts an increase of 352.99% from the current stock price of 0.50.

Analyst Consensus: Buy
Target Low Average Median High
Price $1.50 $2.25 $3.00 $3.00
Change +201.99% +352.99% +503.99% +503.99%
* Price targets were last updated on Nov 22, 2023.

Analyst Ratings

The average analyst rating for Arqit Quantum stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Nov '23Dec '23Jan '24Feb '24Mar '24Apr '24
Strong Buy 111111
Buy 000000
Hold 111111
Sell 000000
Strong Sell 000000
Total 222222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$4$3
Strong Buy Maintains $4$3 +503.99% Nov 22, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$6$4
Strong Buy Maintains $6$4 +705.32% Sep 27, 2023
Deutsche Bank
Deutsche Bank
Hold
Maintains
$3.5$1.5
Hold Maintains $3.5$1.5 +201.99% May 18, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Maintains
$10$6
Strong Buy Maintains $10$6 +1,107.97% May 18, 2023
HC Wainwright & Co.
HC Wainwright & Co.
Strong Buy
Reiterates
$10
Strong Buy Reiterates $10 +1,913.29% Mar 20, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
20.44M
from 640.00K
Increased by 3,093.75%
Revenue Next Year
178.82M
from 20.44M
Increased by 774.85%
EPS This Year
-0.12
from -0.56
EPS Next Year
0.21
from -0.12
Year 202020212022202320242025
Revenue
-48.00K7.21M640.00K20.44M178.82M
Revenue Growth
--14,925.00%-91.13%3,093.75%774.85%
EPS
--3.980.44-0.56-0.120.21
EPS Growth
------
No. Analysts ----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 21.0M 184.1M
Avg 20.4M 178.8M
Low 19.6M 171.8M

Revenue Growth

Revenue Growth 20242025
High
3,187.7%
800.6%
Avg
3,093.8%
774.9%
Low
2,968.4%
740.6%

EPS Forecast

EPS 20242025
High -0.13 0.22
Avg -0.12 0.21
Low -0.12 0.21

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.