Arqit Quantum (ARQQ, Financial) has introduced a cutting-edge data protection solution that leverages quantum-safe technology combined with confidential computing. This advancement ensures that customers' encryption keys and workloads remain secure from unauthorized access, even when managed across various hosts.
The enhanced protection is achieved through the integration of Intel's Trust Domain Extensions and Arqit NetworkSecure, reinforcing Arqit’s quantum-resistant cryptokey delivery system. This collaboration aims to offer robust security measures against potential threats, further solidifying Arqit’s position in the field of quantum cybersecurity.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 1 analysts, the average target price for Arqit Quantum Inc (ARQQ, Financial) is $52.00 with a high estimate of $52.00 and a low estimate of $52.00. The average target implies an upside of 243.23% from the current price of $15.15. More detailed estimate data can be found on the Arqit Quantum Inc (ARQQ) Forecast page.
Based on the consensus recommendation from 1 brokerage firms, Arqit Quantum Inc's (ARQQ, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Arqit Quantum Inc (ARQQ, Financial) in one year is $7.04, suggesting a downside of 53.53% from the current price of $15.15. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Arqit Quantum Inc (ARQQ) Summary page.