Arqit Quantum Inc. (ARQQ)

NASDAQ: ARQQ · IEX Real-Time Price · USD
0.474
0.00 (0.00%)
At close: Dec 29, 2023, 4:00 PM
0.465
-0.009 (-1.90%)
After-hours: Dec 29, 2023, 7:33 PM EST
0.00%
Market Cap 77.77M
Revenue (ttm) 640,000
Net Income (ttm) -70.39M
Shares Out 164.07M
EPS (ttm) -0.56
PE Ratio n/a
Forward PE 18.73
Dividend n/a
Ex-Dividend Date n/a
Volume 991,756
Open 0.475
Previous Close 0.474
Day's Range 0.444 - 0.480
52-Week Range 0.391 - 4.130
Beta 0.86
Analysts Buy
Price Target 2.25 (+374.68%)
Earnings Date Nov 21, 2023

About ARQQ

Arqit Quantum Inc. provides cybersecurity services through satellite and terrestrial platforms in the United Kingdom. It offers QuantumCloud, a Platform as a Service that creates unbreakable software encryption keys. The company also provides maintenance and support, and professional services. Arqit Quantum Inc. is based in London, the United Kingdom. [Read more]

Sector Technology
Founded 2017
Employees 147
Stock Exchange NASDAQ
Ticker Symbol ARQQ
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for ARQQ stock is "Buy." The 12-month stock price forecast is $2.25, which is an increase of 374.68% from the latest price.

Price Target
$2.25
(374.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Arqit, BT, and Fortinet Launch Quantum-Safe VPN to Protect Against Evolving Cyberthreats

LONDON, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, BT Group (LSE: BT.A), and Fortinet (Nasdaq: FTNT) today announced the l...

17 days ago - GlobeNewsWire

UPDATE -- Babcock develops cutting-edge communications and control technology in partnership with Arqit

LONDON, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Babcock International Group (Babcock) has developed a technology with the capability of controlling single or entire fleets of vehicles in a defence environme...

24 days ago - GlobeNewsWire

Arqit Quantum Inc. Announces Financial and Operational Results for the Fiscal Year 2023

$5.6 million of revenue and other operating income from discontinued operations for fiscal year 2023 Revenue for the second half of fiscal year 2023 from the sale of QuantumCloud™ symmetric key agreem...

5 weeks ago - GlobeNewsWire

Arqit Sets Fiscal Year 2023 Conference Call for Tuesday, November 21, 2023 at 11:00 a.m. ET

LONDON, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a global leader in quantum safe encryption, announced it will report financial results for the fiscal year ending September 30, ...

6 weeks ago - GlobeNewsWire

DETASAD and Arqit announce pioneering partnership to elevate cyber security solutions

LONDON , Nov. 2, 2023 /PRNewswire/ -- Arqit Quantum Inc. (NASDAQ: ARQQ) (NASDAQ: ARQQW) (Arqit), a leader in quantum-safe encryption, and DETASAD, a leading provider of telecommunications and Technolo...

2 months ago - PRNewsWire

Arqit Quantum Inc. Announces Closing of $16.2 Million Registered Direct Offering

LONDON, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit” or the “Company”), a global leader in quantum encryption technology, today announced the closing of its pre...

3 months ago - GlobeNewsWire

Arqit and Exclusive Networks announce US distribution partnership

LONDON, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Exclusive Networks North America, a global trusted cybersecurity s...

3 months ago - GlobeNewsWire

Arqit Quantum Inc. Announces $16.2 Million Registered Direct Offering

LONDON, Sept. 08, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit” or the “Company”), a global leader in quantum encryption technology, today announced that it has entered in...

4 months ago - GlobeNewsWire

Arqit: New Product Launch and Business Update

LONDON , Sept. 7, 2023 /PRNewswire/ -- Arqit Quantum Inc. (Nasdaq: ARQQ) (Nasdaq: ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the launch of its third application product, Arqi...

4 months ago - PRNewsWire

Arqit launches the world's first integrated solution for quantum-safe VPN connectivity using Symmetric Key Agreement

Juniper Networks provides secure networking technology for the quantum-safe VPN connectivity solution through a technology alliance with Arqit LONDON , Sept. 5, 2023 /PRNewswire/ -- Arqit Quantum Inc....

4 months ago - PRNewsWire

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Arqit Quantum, Inc. (ARQQ) (f/k/a Centricus Acquisition Corp.)

NEW YORK , June 15, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Arqit Quantum, Inc. f/k/a Centricus Acquisition Corp. ("Arqit" or the "Company") (NASDAQ: ARQQ)...

7 months ago - PRNewsWire

Arqit: Consortium delivers world's first cross-border quantum-secure digital trade transaction

LONDON, June 15, 2023 (GLOBE NEWSWIRE) -- An international consortium of industry and technical experts, supported by government, business and other organisations have completed the world's first quan...

7 months ago - GlobeNewsWire

Arqit Quantum Inc. Announces Financial and Operational Results for the First Half of Fiscal Year 2023

$2.6 million of revenue and other operating income for the six month period First cloud platform revenues generated through previously announced channel partnership Significant cost reduction initiati...

8 months ago - GlobeNewsWire

Arqit Sets First Half 2023 Conference Call for Wednesday, May 17, 2023 at 11:00 a.m. ET

LONDON, May 03, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a global leader in quantum encryption technology, announced it will report financial results for the six months ending March 31, ...

8 months ago - GlobeNewsWire

Arqit brings data security expertise to world-leading Centre for Digital Trade and Innovation

Leader in quantum-safe encryption technology brings security expertise to public-private partnership making trade cheaper, simpler, faster and more sustainable.

8 months ago - GlobeNewsWire

Arqit Quantum Inc. Announces $20 Million Registered Direct Offering

LONDON, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a global leader in quantum encryption technology, today announced that it has entered into a definitive se...

11 months ago - GlobeNewsWire

Top 5 Tech Stocks That May Rally

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11 months ago - Benzinga

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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when...

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1 year ago - Benzinga

Top 5 Tech Stocks That May Surge

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

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1 year ago - Benzinga

Arqit hires senior cyber security executive

LONDON, Dec. 15, 2022 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (NASDAQ: ARQQ, ARQQW) (“Arqit”), a leader in quantum-safe encryption, today announced that Tracey Pretorius has joined the company as SVP C...

1 year ago - GlobeNewsWire

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

$20 million of revenue and other operating income for the fiscal year

1 year ago - GlobeNewsWire

Arqit announces Technology Update

Business improvement through innovation Business improvement through innovation

1 year ago - GlobeNewsWire

Arqit announces a partnership with Dell Technologies to bring quantum-safe solutions to its customers

ARLINGTON, Va., Dec. 13, 2022 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a leader in quantum-safe encryption announces that it has signed with Dell Technologies (“Dell”) a...

1 year ago - GlobeNewsWire

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

Supported by new legislation, Arqit's TradeSecure service is a world first in moving trade finance to quantum safe digital assets Supported by new legislation, Arqit's TradeSecure service is a world f...

1 year ago - GlobeNewsWire

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

LONDON, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a global leader in quantum encryption technology, announced it will report financial results for the fiscal year ending Septembe...

1 year ago - GlobeNewsWire