Why These 15 Software Stocks Are Plunging In 2025

Page 11 of 14

4. Arqit Quantum Inc (NASDAQ:ARQQ)

Number of Hedge Fund Holders In Q4 2024: 8

Arqit Quantum Inc (NASDAQ:ARQQ) provides cybersecurity services through its QuantumCloud platform.

Investors are worried about most quantum computing stocks as profitability is still far away. The D-Wave breakthrough and Microsoft’s quantum chip did add some hype, but that doesn’t change anything for Arqit Quantum.

In February 2025, Arqit raised $13.6 million through a registered direct offering of shares at $2.50 each, along with issuing warrants for additional shares. Dilution like this is lucky as quantum computing is far from being profitable.

The consensus price target of $52 implies 193.29% upside.

ARQQ stock is down 54.38% year-to-date.

Page 11 of 14