Arqit Quantum Inc. (ARQQ)
NASDAQ: ARQQ · IEX Real-Time Price · USD
0.479
-0.011 (-2.33%)
At close: Apr 25, 2024, 4:00 PM
0.485
+0.006 (1.34%)
After-hours: Apr 25, 2024, 7:58 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 370.12% from the current stock price of 0.48.
Analyst Consensus: Buy
* 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 2 |
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 | +526.83% | Nov 22, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6 → $4 | Strong Buy | Maintains | $6 → $4 | +735.77% | Sep 27, 2023 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $3.5 → $1.5 | Hold | Maintains | $3.5 → $1.5 | +213.41% | May 18, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $10 → $6 | Strong Buy | Maintains | $10 → $6 | +1,153.66% | May 18, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $10 | Strong Buy | Reiterates | $10 | +1,989.43% | Mar 20, 2023 |
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
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 21.0M | 184.1M |
| Avg | 20.4M | 178.8M |
| Low | 19.6M | 171.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 3,187.7% | 800.6% |
| Avg | 3,093.8% | 774.9% |
| Low | 2,968.4% | 740.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.13 | 0.22 |
| Avg | -0.12 | 0.21 |
| Low | -0.12 | 0.21 |
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.