Arqit Quantum Inc. (ARQQ)

NASDAQ: ARQQ · IEX Real-Time Price · USD
0.408
+0.009 (2.25%)
At close: May 13, 2024, 4:00 PM
0.409
+0.001 (0.17%)
Pre-market: May 14, 2024, 6:41 AM EDT
2.25%
Market Cap 68.51M
Revenue (ttm) 640,000
Net Income (ttm) -70.39M
Shares Out 167.84M
EPS (ttm) -0.56
PE Ratio n/a
Forward PE 18.73
Dividend n/a
Ex-Dividend Date n/a
Volume 697,471
Open 0.407
Previous Close 0.399
Day's Range 0.400 - 0.419
52-Week Range 0.391 - 1.650
Beta 1.31
Analysts Buy
Price Target 2.25 (+451.2%)
Earnings Date May 20, 2024

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 451.20% from the latest price.

Price Target
$2.25
(451.20% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Arqit warns CISOs why they must act now to secure their data ready for the post-quantum world

LONDON, May 09, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today urges CISOs and security teams to urgently address their post-quan...

4 days ago - GlobeNewsWire

Arqit Sets First Half 2024 Conference Call for Monday, May 20, 2024 at 11:00 a.m. ET

LONDON, May 06, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (“Arqit”), a leader in quantum safe encryption, announced it will report financial results for the six months ending March 31, 2024 on Monda...

7 days ago - GlobeNewsWire

Arqit and SoftIron Partner to sell more secure data center deployments

LONDON, May 02, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and SoftIron, the worldwide leader in true private cloud infrastructure ...

11 days ago - GlobeNewsWire

Arqit announces collaboration to deliver out-of-the-box post-quantum cryptography solutions

LONDON, April 29, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the creation of the World's First Quantum-Safe, 1.89 T...

14 days ago - GlobeNewsWire

Satellite Applications Catapult trials Arqit Network Secure™

LONDON, April 24, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced the successful trial deployment of Arqit's Network Sec...

19 days ago - GlobeNewsWire

Arqit founders to buy shares

LONDON, April 15, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, announced today that D2BW Limited, an existing shareholder beneficiall...

4 weeks ago - GlobeNewsWire

Arqit clarifies certain Form 144 filings

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, announced today clarification regarding certain Form 144 filings. On a...

5 weeks ago - GlobeNewsWire

LuxAG partners with Arqit and Traxpay to finance digital negotiable instruments

LONDON, April 03, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), Traxpay GmbH (Traxpay) and Lux Kapitalmarkt Management AG (LuxAG), have entered into a trade and supply cha...

5 weeks ago - GlobeNewsWire

Vayana TradeXchange partners with Arqit to transform trade finance

LONDON, March 27, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), and Vayana TradeXchange announce a partnership to use Arqit's TradeSecure™ digital negotiable instrument te...

6 weeks ago - GlobeNewsWire

Arqit announces reseller agreement with Total Computers

LONDON, March 05, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced a reseller agreement with Total Computers (Total), the...

2 months ago - GlobeNewsWire

Arqit Awarded Top Honors in Two Categories at the Global Mobile Awards at 2024 Mobile World Congress

LONDON, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption was honoured to receive two Glomo awards at Mobile World Congress on Feb...

2 months ago - GlobeNewsWire

Arqit and CableFree deliver world's first quantum-safe 5G cellular technology products

LONDON, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and CableFree: Wireless Excellence Ltd (CableFree), a leader in 5G Radi...

2 months ago - GlobeNewsWire

Arqit and Carahsoft Partner to Bring Symmetric Key Agreement Cybersecurity Product to the US Public Sector

Groundbreaking Cybersecurity Solution Now Available to US Government Agencies Groundbreaking Cybersecurity Solution Now Available to US Government Agencies

3 months ago - GlobeNewsWire

Arqit awarded ISO 27001 Certification for Information Security Management

LONDON, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, has received ISO/IEC 27001 certification for information security and c...

3 months ago - GlobeNewsWire

Ampliphae, HPE Athonet and Arqit deliver Quantum-Safe Private 5G using Symmetric Key Agreement

LONDON, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, and Ampliphae Ltd (Ampliphae), a leader in network cyber security solut...

3 months ago - GlobeNewsWire

Arqit announces reseller agreement with Phalanx

LONDON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (Arqit), a leader in quantum-safe encryption, today announced a reseller agreement with Phalanx Solutions (Phalanx), ...

4 months ago - GlobeNewsWire

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...

5 months 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...

5 months 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...

6 months 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 months 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...

6 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...

8 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...

8 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...

8 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...

8 months ago - PRNewsWire