Arqit Quantum Reaches $7 Million Settlement in U.S. Securities Class Action

Arqit Quantum ( (ARQQ) ) has shared an update.

On January 9, 2026, Arqit Quantum Inc. reached a $7 million settlement agreement with plaintiffs in a previously disclosed putative securities class action in the U.S. District Court for the Eastern District of New York, subject to court approval, aiming to resolve the federal case brought against the company and certain directors. If the federal settlement is approved, Arqit plans to seek dismissal of a parallel putative class action pending in New York State Court, which has been stayed because it falls entirely within the federal settlement classes, a step that would reduce legal uncertainty and potential litigation costs for the company and its shareholders.

The most recent analyst rating on (ARQQ) stock is a Hold with a $23.50 price target. To see the full list of analyst forecasts on Arqit Quantum stock, see the ARQQ Stock Forecast page.

Spark’s Take on ARQQ Stock

According to Spark, TipRanks’ AI Analyst, ARQQ is a Neutral.

Arqit Quantum’s overall score is driven by financial performance challenges, including negative profitability and cash flow issues. Technical indicators suggest a bearish trend, and valuation metrics reflect ongoing losses. Despite positive strategic developments, these factors weigh heavily on the stock’s outlook.

To see Spark’s full report on ARQQ stock, click here.

More about Arqit Quantum

Arqit Quantum Inc. is a UK-based technology company in the quantum encryption and cybersecurity sector, focused on developing and providing quantum-safe security solutions to protect data and communications against current and future cyber threats. The company is listed in the United States as a foreign private issuer and files its reports under the Securities Exchange Act of 1934.

Average Trading Volume: 565,602

Technical Sentiment Signal: Sell

Current Market Cap: $427M

For detailed information about ARQQ stock, go to TipRanks’ Stock Analysis page.