Quantum (NASDAQ:QMCO) Releases Q2 2027 Earnings Guidance

Key Points

• Q2 2027 guidance: Quantum expects EPS of $0.02–$0.22, versus the $0.12 consensus estimate, and revenue of $80 million–$84 million, compared with the $82 million consensus.
• Analyst sentiment is mostly positive: Four analysts rate the stock Buy and one rates it Sell, producing a consensus “Moderate Buy” rating and a $26.50 price target.
• Quantum’s shares opened at $30.42 and have risen sharply from a 52-week low of $4.19, while its latest quarterly results exceeded expectations with $0.18 EPS and $80.8 million in revenue.

Quantum (NASDAQ:QMCO - Get Free Report) issued an update on its second quarter 2027 earnings guidance on Monday morning. The company provided EPS guidance of 0.020-0.220 for the period, compared to the consensus estimate of 0.120. The company issued revenue guidance of $80.0 million-$84.0 million, compared to the consensus revenue estimate of $82.0 million.

Analysts Set New Price Targets

QMCO has been the topic of several research reports. Wall Street Zen raised Quantum from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Lake Street Capital set a $29.00 price objective on shares of Quantum and gave the stock a "buy" rating in a report on Monday, September 14th. Litchfield Hills Research started coverage on shares of Quantum in a research report on Monday, August 10th. They issued a "buy" rating on the stock. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Quantum in a report on Monday, September 21st. Finally, Northland Securities raised shares of Quantum from a "market perform" rating to an "outperform" rating and set a $24.00 price target for the company in a report on Tuesday, August 11th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.50.

Quantum Stock Performance

Shares of QMCO opened at $30.42 on Monday. Quantum has a 1 year low of $4.19 and a 1 year high of $35.65. The company has a market cap of $1.20 billion, a price-to-earnings ratio of -2.30 and a beta of 3.08. The firm has a fifty day moving average of $24.14 and a 200-day moving average of $14.73.

Quantum (NASDAQ:QMCO - Get Free Report) last issued its quarterly earnings results on Monday, August 10th. The company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of ($0.17) by $0.35. The company had revenue of $80.80 million during the quarter, compared to analyst estimates of $75.05 million. Quantum has set its Q2 2027 guidance at 0.020-0.220 EPS. Analysts predict that Quantum will post 0.31 EPS for the current year.

About Quantum

Quantum Corporation NASDAQ: QMCO provides data storage, management and protection solutions for organizations that generate and retain large volumes of unstructured data. Its customers include businesses, media and entertainment companies, government agencies, research institutions and other organizations that require long-term data preservation, rapid access and secure information management.

The company's portfolio includes tape libraries and drives based on Linear Tape-Open (LTO) technology, disk-based backup and deduplication systems, and software for managing files, objects and data workflows.

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