Arqit Quantum: No Real Commercial Traction Yet
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Ian BezekInvesting Group LeaderFollow5ShareSavePlay(12min)CommentsSummaryArqit Quantum has dramatically missed its SPAC-era projections, and the company has failed to find much market demand for its products so far.ARQQ has undergone significant dilution, quadrupling its share count since the SPAC. More dilution seems likely given the company's limited cash position.The investment case for Arqit remains highly speculative.I believe the recent rally is due to excitement in quantum computing stocks overall, rather than anything specific to this company.I rate ARQQ stock a sell and would need to see a dramatic improvement in the firm's revenue trajectory before changing that stance.Looking for a helping hand in the market? Members of Ian's Insider Corner get exclusive ideas and guidance to navigate any climate. Learn More » Funtap/iStock via Getty Images Quantum computing stocks enjoyed big gains over the past week. This came after reports emerged that the federal government is providing funding to a number of quantum computing companies to help foster the growth of theThis article was written byIan Bezek23.65K FollowersFollowIan Bezek is a former hedge fund analyst at Kerrisdale Capital. He has spent the decade living in Latin America, doing the boots-on-the ground research for investors interested in markets such as Mexico, Colombia, and Chile. He also specializes in high-quality compounders and growth stocks at reasonable prices in the US and other developed markets. Ian leads the investing group Ian's Insider Corner. Features of the group include: the Weekend Digest which covers everything from new ideas to updates on current holdings and macro analysis, trade alerts, an active chat room, and direct access to Ian. Learn More.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.