NASDAQ:ARQQ

Arqit Quantum - ARQQ Stock Forecast, Price & News

$2.07

-0.05 (-2.36%)

(As of 01/30/2023 03:19 PM ET)

Add

Compare

Today's Range: $2.04
▼
$2.13
50-Day Range: $2.08
▼
$7.79
52-Week Range: $1.99
▼
$17.88

Volume: 458,143 shs
Average Volume: 1.12 million shs
Market Capitalization: $252.75 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $10.50

Institutional Ownership

Arqit Quantum MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 404.8% Upside
$10.50 Price Target
Short Interest: Healthy
5.08% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.94
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 150.00%
From $0.08 to $0.20 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.39 out of 5 stars

Business Services Sector

100th out of 326 stocks

Prepackaged Software Industry

56th out of 216 stocks

3.3

Analyst's Opinion

Consensus Rating
Arqit Quantum has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.50, Arqit Quantum has a forecasted upside of 404.8% from its current price of $2.08.
Amount of Analyst Coverage
Arqit Quantum has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
5.08% of the float of Arqit Quantum has been sold short.
Short Interest Ratio / Days to Cover
Arqit Quantum has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Arqit Quantum has recently decreased by 0.46%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Arqit Quantum does not currently pay a dividend.
Dividend Growth
Arqit Quantum does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for ARQQ.

3.3

News and Social Media Coverage

News Sentiment
Arqit Quantum has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Arqit Quantum this week, compared to 1 article on an average week.
Search Interest
17 people have searched for ARQQ on MarketBeat in the last 30 days. This is an increase of 183% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Arqit Quantum to their MarketBeat watchlist in the last 30 days. This is a decrease of -42% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Arqit Quantum insiders have not sold or bought any company stock.
Percentage Held by Insiders
54.60% of the stock of Arqit Quantum is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 3.01% of the stock of Arqit Quantum is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Arqit Quantum are expected to grow by 150.00% in the coming year, from $0.08 to $0.20 per share.
Price to Book Value per Share Ratio
Arqit Quantum has a P/B Ratio of 3.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Arqit Quantum (NASDAQ:ARQQ) Stock

Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud that enables any device to download a lightweight software agent, which can create encryption keys in partnership with any other device. The company is based in London, the United Kingdom.

Receive ARQQ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Arqit Quantum and its competitors with MarketBeat's FREE daily newsletter.

ARQQ Stock News Headlines

January 25, 2023 | americanbankingnews.com

Arqit Quantum (NASDAQ:ARQQ) and BIO-key International (NASDAQ:BKYI) Financial Review

December 30, 2022 | msn.com

Why Arqit Quantum Stock Dived by 14% This Week

January 30, 2023 | Porter & Company (Ad)

Is This The End of Capitalism?

EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…

December 22, 2022 | markets.businessinsider.com

H.C. Wainwright Keeps Their Buy Rating on Arqit Quantum (ARQQ)

December 15, 2022 | nasdaq.com

What Is Quantum Computing and How Will It Transform the Future?

December 15, 2022 | finance.yahoo.com

Arqit hires senior cyber security executive

December 14, 2022 | seekingalpha.com

Arqit Quantum Inc. (ARQQ) Q4 2022 Earnings Call Transcript

December 14, 2022 | finance.yahoo.com

U.K. Quantum Cybersecurity Firm Discloses SEC Investigation Over Merger

January 30, 2023 | Investing Trends (Ad)

"We need batteries. Literally everywhere."

Pretty much every technological megatrend today requires batteries. That includes EVs... 5G... AI... charging stations... and smart energy storage systems. Find out why the U.S. just added graphite to a list of super-critical minerals, calling it "essential for America's National Defense."

December 14, 2022 | it.tmcnet.com

Arqit Joins Fortinet Fabric-Ready Partner Program, Completes Integration to Enable Quantum-Safe Encryption

December 14, 2022 | finance.yahoo.com

Arqit Quantum Inc. Announces Financial and Operational Results for the Fiscal Year 2022

December 12, 2022 | finance.yahoo.com

Arqit and Traxpay sign contract to deliver more efficient, secure trade finance

December 12, 2022 | finance.yahoo.com

Arqit and Traxpay sign contract to deliver more efficient, secure trade finance

December 9, 2022 | finance.yahoo.com

Arqit announces QuantumCloud™ powered by AWS

December 5, 2022 | msn.com

Arqit Quantum FY 2022 Earnings Conference Call On December 14, 2022 At 11:00 AM ET

December 2, 2022 | finance.yahoo.com

Arqit Sets Fiscal Year 2022 Conference Call for Wednesday, December 14, 2022 at 11:00 a.m. ET

November 28, 2022 | finance.yahoo.com

The past year for Arqit Quantum (NASDAQ:ARQQ) investors has not been profitable

November 11, 2022 | finance.yahoo.com

Arqit’s product QuantumCloud™ can make 58% energy saving

November 8, 2022 | msn.com

Looking Into Arqit Quantum's Recent Short Interest

October 11, 2022 | marketwatch.com

AUCloud launch Australia's first Sovereign Quantum-Safe Encryption Service powered by Arqit Quantum Cloud(TM)

October 9, 2022 | finance.yahoo.com

AUCloud launch Australia’s first Sovereign Quantum-Safe Encryption Service powered by Arqit Quantum Cloud™

October 2, 2022 | nasdaq.com

Private companies among Arqit Quantum Inc.'s (NASDAQ:ARQQ) largest stockholders and were hit after last week's 14% price drop

September 23, 2022 | fool.com

Arqit Quantum Inc. (NASDAQ: ARQQ)

September 15, 2022 | benzinga.com

Analyzing Arqit Quantum's Short Interest

September 8, 2022 | finance.yahoo.com

Arqit Quantum Inc. to participate in H.C. Wainwright Investment Conference

September 2, 2022 | finance.yahoo.com

Voluntary Lock-up Expiration

August 25, 2022 | finance.yahoo.com

Arqit Quantum Inc.'s (NASDAQ:ARQQ) market cap dropped US$84m last week; Private companies bore the brunt

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive ARQQ Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Arqit Quantum and its competitors with MarketBeat's FREE daily newsletter.

ARQQ Company Calendar

Today: 1/30/2023
Fiscal Year End: 9/30/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:ARQQ
CUSIP: N/A
CIK: 1859690
Web: arqit.uk
Phone: 44-20-3917-0155
Fax: N/A
Employees: 74
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $10.50
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $7.00
Forecasted Upside/Downside: +407.2%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.38
Quick Ratio: 2.38

Sales & Book Value

Annual Sales: $7.21 million
Price / Sales: 35.06
Cash Flow: $0.54 per share
Price / Cash Flow: 3.84
Book Value: $0.65 per share
Price / Book: 3.18

Miscellaneous

Outstanding Shares: 122,100,000
Free Float: 55,435,000
Market Cap: $252.75 million
Optionable: Not Optionable
Beta: 0.89

Key Executives

Mr. David John Williams Esq. (Age 52)
Founder, Chairman & CEO

Mr. David James Bestwick Esq. (Age 56)
CTO & Co-Founder

Dr. Geoffrey Taylor
Advisor & Co-Founder

Mr. Andrew Yeomans
Advisor & Co-Founder

Mr. Nicholas Pointon (Age 52)
CFO & Exec. Director

Air Vice Marshal Peter Rochelle M.A. (Age 57)
O.B.E., Chief Operating Officer

Dr. Barry Childe
Chief Information Officer

Mr. Patrick Willcocks (Age 54)
Gen. Counsel & Corp. Sec.

Mr. Paul Feenan (Age 49)
Chief Revenue Officer

Dr. Daniel Shiu (Age 53)
Chief Cryptographer

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

ARQQ Stock - Frequently Asked Questions

Should I buy or sell Arqit Quantum stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Arqit Quantum in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ARQQ shares.
View ARQQ analyst ratings or view top-rated stocks.
What is Arqit Quantum's stock price forecast for 2023?: 2 Wall Street research analysts have issued 12 month target prices for Arqit Quantum's shares. Their ARQQ share price forecasts range from $7.00 to $14.00. On average, they predict the company's share price to reach $10.50 in the next twelve months. This suggests a possible upside of 404.8% from the stock's current price.
View analysts price targets for ARQQ or view top-rated stocks among Wall Street analysts.
How have ARQQ shares performed in 2023?: Arqit Quantum's stock was trading at $3.61 on January 1st, 2023. Since then, ARQQ shares have decreased by 42.4% and is now trading at $2.08.
View the best growth stocks for 2023 here.

What is Arqit Quantum's stock symbol?: Arqit Quantum trades on the NASDAQ under the ticker symbol "ARQQ."
How do I buy shares of Arqit Quantum?: Shares of ARQQ stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Arqit Quantum's stock price today?: One share of ARQQ stock can currently be purchased for approximately $2.08.
How much money does Arqit Quantum make?: Arqit Quantum (NASDAQ:ARQQ) has a market capitalization of $253.97 million and generates $7.21 million in revenue each year.
How can I contact Arqit Quantum?: Arqit Quantum's mailing address is Byron House 7-9 St. James's Street, London X0, SW1A 1EE. The official website for the company is arqit.uk. The company can be reached via phone at 44-20-3917-0155 or via email at investorrelations@arqitinc.us.

This page (NASDAQ:ARQQ) was last updated on 1/30/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Arqit Quantum - ARQQ Stock Forecast, Price & News

Arqit Quantum MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Arqit Quantum (NASDAQ:ARQQ) Stock

ARQQ Stock News Headlines

ARQQ Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

ARQQ Stock - Frequently Asked Questions

Overall MarketRank^™