Arqit Quantum (ARQQ) Stock Forecast, Price Target & Predictions


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ARQQ Stock Forecast


Arqit Quantum stock forecast is as follows: an average price target of $14.00 (represents a 89.45% upside from ARQQ’s last price of $7.39) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

ARQQ Price Target


The average price target for Arqit Quantum (ARQQ) is $14.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $14.00 to $14.00. This represents a potential 89.45% upside from ARQQ's last price of $7.39.

ARQQ Analyst Ratings


Buy

According to 1 Wall Street analysts, Arqit Quantum's rating consensus is 'Buy'. The analyst rating breakdown for ARQQ stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Arqit Quantum Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 22, 2022-H.C. Wainwright$14.00$4.38219.63%89.45%
Apr 26, 2022Scott BuckH.C. Wainwright$16.00$8.9678.57%116.51%
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The latest Arqit Quantum stock forecast, released on Dec 22, 2022 by H.C. Wainwright company, set a price target of $14.00, which represents a 219.63% increase from the stock price at the time of the forecast ($4.38), and a 89.45% increase from ARQQ last price ($7.39).

Arqit Quantum Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$7.39$7.39$7.39
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Arqit Quantum stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Arqit Quantum's last price of $7.39. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 22, 2022Piper SandlerBuyBuyHold
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Arqit Quantum's last stock rating was published by Piper Sandler on Dec 22, 2022. The company gave ARQQ a "Buy" rating, the same as its previous rate.

Arqit Quantum Financial Forecast


Arqit Quantum Revenue Forecast

Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Dec 22
Revenue--------$1.80M
Avg Forecast$2.40M$28.93M$19.04M$11.81M$120.00K$3.80M$11.81M$2.40M$20.05M
High Forecast$2.40M$28.93M$19.04M$11.81M$120.00K$3.80M$11.81M$2.40M$20.05M
Low Forecast$2.40M$28.93M$19.04M$11.81M$120.00K$3.80M$11.81M$2.40M$20.05M
# Analysts111111111
Surprise %--------0.09%

Arqit Quantum's average Quarter revenue forecast for Sep 23 based on 1 analysts is $2.40M, with a low forecast of $2.40M, and a high forecast of $2.40M. ARQQ's average Quarter revenue forecast represents a 33.11% increase compared to the company's last Quarter revenue of $1.80M (Dec 22).

Arqit Quantum EBITDA Forecast

Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Dec 22
# Analysts111111111
EBITDA--------$16.65M
Avg Forecast$480.00K$5.79M$3.81M$2.36M$24.00K$760.00K$2.36M$480.00K$4.01M
High Forecast$480.00K$5.79M$3.81M$2.36M$24.00K$760.00K$2.36M$480.00K$4.01M
Low Forecast$480.00K$5.79M$3.81M$2.36M$24.00K$760.00K$2.36M$480.00K$4.01M
Surprise %--------4.15%

1 analysts predict ARQQ's average Quarter EBITDA for Sep 23 to be $480.00K, with a high of $480.00K and a low of $480.00K. This is -97.12% lower than Arqit Quantum's previous annual EBITDA (Dec 22) of $16.65M.

Arqit Quantum Net Income Forecast

Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Dec 22
# Analysts111111111
Net Income--------$16.21M
Avg Forecast$-22.71M$-6.49M$-1.62M$-3.24M$8.71M$-584.07K$-129.79K$-908.56K$12.68M
High Forecast$-22.71M$-6.49M$-1.62M$-3.24M$8.71M$-584.07K$-129.79K$-908.56K$12.68M
Low Forecast$-22.71M$-6.49M$-1.62M$-3.24M$8.71M$-584.07K$-129.79K$-908.56K$12.68M
Surprise %--------1.28%

Arqit Quantum's average Quarter net income forecast for Sep 23 is $-908.56K, with a range of $-908.56K to $-908.56K. ARQQ's average Quarter net income forecast represents a -105.60% decrease compared to the company's last Quarter net income of $16.21M (Dec 22).

Arqit Quantum SG&A Forecast

Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Dec 22
# Analysts111111111
SG&A--------$14.33M
Avg Forecast$188.21M$2.27B$1.49B$926.39M$9.41M$298.00M$926.39M$188.21M$1.57B
High Forecast$188.21M$2.27B$1.49B$926.39M$9.41M$298.00M$926.39M$188.21M$1.57B
Low Forecast$188.21M$2.27B$1.49B$926.39M$9.41M$298.00M$926.39M$188.21M$1.57B
Surprise %--------0.01%

Arqit Quantum's average Quarter SG&A projection for Sep 23 is $188.21M, based on 1 Wall Street analysts, with a range of $188.21M to $188.21M. The forecast indicates a 1213.27% rise compared to ARQQ last annual SG&A of $14.33M (Dec 22).

Arqit Quantum EPS Forecast

Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Dec 22
# Analysts111111111
EPS--------$0.24
Avg Forecast$-3.50$-1.00$-0.25$-0.50$1.34$-0.09$-0.02$-0.14$1.95
High Forecast$-3.50$-1.00$-0.25$-0.50$1.34$-0.09$-0.02$-0.14$1.95
Low Forecast$-3.50$-1.00$-0.25$-0.50$1.34$-0.09$-0.02$-0.14$1.95
Surprise %--------0.12%

According to 1 Wall Street analysts, Arqit Quantum's projected average Quarter EPS for Sep 23 is $-0.14, with a low estimate of $-0.14 and a high estimate of $-0.14. This represents a -158.33% decrease compared to ARQQ previous annual EPS of $0.24 (Dec 22).

Arqit Quantum Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CETXCemtrex$0.17$23.0013429.41%Buy
STNEStoneCo$9.28$24.83167.56%Buy
ALARAlarum$12.93$28.00116.55%Buy
GCTGigaCloud$24.15$50.00107.04%Buy
PATHUiPath$12.76$25.4399.29%Hold
ARQQArqit Quantum$7.39$14.0089.45%Buy
TLSTelos$3.15$5.3870.79%Hold
PGYPagaya$8.62$12.1941.42%Buy
NETCloudflare$96.37$95.45-0.95%Hold
SSentinelOne$27.62$26.64-3.55%Buy
NTNXNutanix$68.44$63.23-7.61%Buy
PANWPalo Alto Networks$388.06$323.26-16.70%Buy
AFRMAffirm$63.96$46.29-27.63%Buy

ARQQ Forecast FAQ


Is Arqit Quantum a good buy?

Yes, according to 1 Wall Street analysts, Arqit Quantum (ARQQ) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of ARQQ's total ratings.

What is ARQQ's price target?

Arqit Quantum (ARQQ) average price target is $14 with a range of $14 to $14, implying a 89.45% from its last price of $7.39. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Arqit Quantum stock go up soon?

According to Wall Street analysts' prediction for ARQQ stock, the company can go up by 89.45% (from the last price of $7.39 to the average price target of $14), up by 89.45% based on the highest stock price target, and up by 89.45% based on the lowest stock price target.

Can Arqit Quantum stock reach $11?

ARQQ's average twelve months analyst stock price target of $14 supports the claim that Arqit Quantum can reach $11 in the near future.

What are Arqit Quantum's analysts' financial forecasts?

Arqit Quantum's analysts financial forecasts for the fiscal year (Sep 2023) are as follows: average revenue is $22.45M (high $22.45M, low $22.45M), average EBITDA is $4.49M (high $4.49M, low $4.49M), average net income is $11.77M (high $11.77M, low $11.77M), average SG&A $1.76B (high $1.76B, low $1.76B), and average EPS is $1.81 (high $1.81, low $1.81). ARQQ's analysts financial forecasts for the fiscal year (Sep 2024) are as follows: average revenue is $27.55M (high $27.55M, low $27.55M), average EBITDA is $5.51M (high $5.51M, low $5.51M), average net income is $4.75M (high $4.75M, low $4.75M), average SG&A $2.16B (high $2.16B, low $2.16B), and average EPS is $0.733 (high $0.733, low $0.733).

Did the ARQQ's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Dec 2022), Arqit Quantum's revenue was $1.8M, missing the average analysts' forecast of $20.05M by -91.01%. The company's EBITDA was $16.65M, beating the average prediction of $4.01M by 315.14%. Arqit Quantum's net income was $16.21M, beating the average estimation of $12.68M by 27.86%. The company's SG&A was $14.33M, missing the average forecast of $1.57B by -99.09%. Lastly, the company's EPS was $0.24, missing the average prediction of $1.95 by -87.72%