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Arqit Quantum Inc has a consensus price target of $1.75 based on the ratings of 2 analysts. The high is $2 issued by HC Wainwright & Co. on July 11, 2024. The low is $1.5 issued by Deutsche Bank on May 18, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co. on July 11, 2024, May 29, 2024, and May 15, 2024, respectively. With an average price target of $2 between HC Wainwright & Co., there's an implied 458.66% upside for Arqit Quantum Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Arqit Quantum (NASDAQ:ARQQ) was reported by HC Wainwright & Co. on July 11, 2024. The analyst firm set a price target for $2.00 expecting ARQQ to rise to within 12 months (a possible 458.66% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Arqit Quantum (NASDAQ:ARQQ) was provided by HC Wainwright & Co., and Arqit Quantum reiterated their buy rating.
There is no last upgrade for Arqit Quantum
There is no last downgrade for Arqit Quantum.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Arqit Quantum, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Arqit Quantum was filed on July 11, 2024 so you should expect the next rating to be made available sometime around July 11, 2025.
While ratings are subjective and will change, the latest Arqit Quantum (ARQQ) rating was a reiterated with a price target of $2.00 to $2.00. The current price Arqit Quantum (ARQQ) is trading at is $0.36, which is out of the analyst’s predicted range.
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