Why Did Arqit Quantum Soar 10.7%?

On May 22, 2025, Arqit Quantum's stock surged by 10.7% in pre-market trading, reflecting a significant upward momentum in investor sentiment.

Arqit Quantum Inc. has recently seen a notable increase in its stock price, driven by positive market sentiment and strategic developments. On May 21, the company's shares rose by 15.27% during mid-day trading, reaching an intraday high of $30.66 before closing at $28.39. This surge places Arqit Quantum 46.22% below its 52-week high of $52.79 and 663.17% above its 52-week low of $3.72.

Analysts have offered a one-year price target for Arqit Quantum, with an average estimate of $52.00, suggesting an 83.16% upside from the current price. The consensus recommendation from brokerage firms indicates an "Outperform" status, with a rating scale ranging from 1 to 5, where 1 signifies a Strong Buy and 5 denotes a Sell.

Despite the positive outlook, GuruFocus estimates suggest a downside of 74.82% from the current price, with an estimated GF Value of $7.15 in one year. This discrepancy highlights the varying opinions among analysts and investors regarding the company's future performance.