Arqit Quantum Inc. (NASDAQ:ARQQ – Free Report) – Analysts at HC Wainwright issued their FY2026 earnings estimates for Arqit Quantum in a research note issued on Friday, May 23rd. HC Wainwright analyst S. Buck anticipates that the company will post earnings per share of ($1.68) for the year. The consensus estimate for Arqit Quantum’s current full-year earnings is ($1.39) per share.
Arqit Quantum Trading Up 1.4%
Shares of NASDAQ ARQQ opened at $25.11 on Monday. Arqit Quantum has a 12 month low of $3.72 and a 12 month high of $52.79. The stock has a 50 day moving average of $16.26 and a 200-day moving average of $19.48.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in ARQQ. Marshall Wace LLP bought a new position in shares of Arqit Quantum during the 4th quarter worth approximately $1,083,000. Virtu Financial LLC lifted its holdings in Arqit Quantum by 440.7% during the 1st quarter. Virtu Financial LLC now owns 32,208 shares of the company’s stock worth $446,000 after purchasing an additional 26,251 shares during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Arqit Quantum during the 4th quarter worth approximately $937,000. Jane Street Group LLC acquired a new stake in Arqit Quantum during the 4th quarter worth approximately $931,000. Finally, Royal Bank of Canada lifted its holdings in Arqit Quantum by 222.9% during the 1st quarter. Royal Bank of Canada now owns 20,550 shares of the company’s stock worth $284,000 after purchasing an additional 14,186 shares during the last quarter. 16.60% of the stock is currently owned by institutional investors.
About Arqit Quantum
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.
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