Is Arqit Quantum Stock a good buy in 2024, according to Wall Street analysts?
The consensus among 1 Wall Street analyst covering (NASDAQ: ARQQ) stock is to Buy ARQQ stock.
Out of 1 analyst, 0 (0%) are recommending ARQQ as a Strong Buy, 1 (100%) are recommending ARQQ as a Buy, 0 (0%) are recommending ARQQ as a Hold, 0 (0%) are recommending ARQQ as a Sell, and 0 (0%) are recommending ARQQ as a Strong Sell.
What is ARQQ's revenue growth forecast for 2024-2024?
(NASDAQ: ARQQ) Arqit Quantum's forecast annual revenue growth rate of N/A is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of N/A, and while it is not forecast to beat the US market's average forecast revenue growth rate of N/A.
Arqit Quantum's revenue in 2024 is $800,000.
In 2024, ARQQ is forecast to generate $3,277,627,551 in revenue, with the lowest revenue forecast at $3,277,627,551 and the highest revenue forecast at $3,277,627,551.
What is ARQQ's forecast return on assets (ROA) for 2024-2024?
(NASDAQ: ARQQ) forecast ROA is 41.96%, which is higher than the forecast US Software - Infrastructure industry average of 15.22%.
What is ARQQ's Price Target?
According to 1 Wall Street analyst that have issued a 1 year ARQQ price target, the average ARQQ price target is $3.00, with the highest ARQQ stock price forecast at $3.00 and the lowest ARQQ stock price forecast at $3.00.
The Wall Street analyst predicted that Arqit Quantum's share price could reach $3.00 by Nov 22, 2024. The average Arqit Quantum stock price prediction forecasts a potential upside of 512.24% from the current ARQQ share price of $0.49.
What is ARQQ's forecast return on equity (ROE) for 2024-2024?
(NASDAQ: ARQQ) forecast ROE is 62.82%, which is considered strong.
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