In the last trading session, 0.99 million Arqit Quantum Inc (NASDAQ:ARQQ) shares changed hands as the company’s beta touched 2.11. With the company’s per share price at $25.55 changed hands at $3.98 or 18.45% during last session, the market valuation stood at $366.76M. ARQQ’s last price was a discount, traded about -106.61% off its 52-week high of $52.79. The share price had its 52-week low at $3.72, which suggests the last value was 85.44% up since then.
Analysts gave the Arqit Quantum Inc (ARQQ) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ARQQ as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Arqit Quantum Inc (NASDAQ:ARQQ) trade information
Instantly ARQQ was in green as seen at the end of in last trading. With action 18.51%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -34.22%, with the 5-day performance at 18.51% in the green. However, in the 30-day time frame, Arqit Quantum Inc (NASDAQ:ARQQ) is 59.69% up.
The consensus price target for the stock as assigned by Wall Street analysts is 14, meaning bulls need a downside of -82.5% from its current market value. According to analyst projections, ARQQ’s forecast low is 14 with 14 as the target high. To hit the forecast high, the stock’s price needs a 45.21% surge from its current level, while the stock would need to tank 45.21% for it to hit the projected low.
The 2025 estimates are for Arqit Quantum Inc earnings to increase by 32.05%.
ARQQ Dividends
Arqit Quantum Inc is expected to release its next quarterly earnings report in July.
MILLENNIUM MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 0.6245% or 0.79 million shares worth $0.27 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were Hussman Investment Trust-Hussman Strategic Market Cycle Fund and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . With 10.0 shares estimated at $0.26 million under it, the former controlled 0.07% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund held about 0.05% of the shares, roughly 7.22 shares worth around $0.18 million.
