Q1 Earnings Estimate for Quantum Issued By Northland Capmk

Key Points

• Northland Capmk has estimated Quantum's Q1 2027 EPS to be ($0.14), with a full-year earnings consensus of ($5.50) per share.
• Two analysts rated Quantum as a Buy, while two others assigned a Hold rating, leading to a consensus rating of "Moderate Buy".
• Quantum's stock opened at $7.36, with a significant 52-week high of $90.64, reflecting notable volatility.

Quantum Corporation (NASDAQ:QMCO - Free Report) - Analysts at Northland Capmk issued their Q1 2027 EPS estimates for shares of Quantum in a report issued on Thursday, September 11th. Northland Capmk analyst N. Chokshi anticipates that the company will post earnings of ($0.14) per share for the quarter. The consensus estimate for Quantum's current full-year earnings is ($5.50) per share. Northland Capmk also issued estimates for Quantum's Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.25) EPS and Q4 2027 earnings at ($0.31) EPS.

A number of other research analysts have also commented on QMCO. Ascendiant Capital Markets reiterated a "buy" rating on shares of Quantum in a research note on Wednesday, June 18th. Wall Street Zen cut shares of Quantum from a "hold" rating to a "sell" rating in a research report on Saturday, August 30th. Finally, Needham & Company LLC set a $20.00 price objective on shares of Quantum in a research report on Monday, August 11th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $19.33.

Quantum Stock Performance

Quantum stock opened at $7.36 on Monday. The company's 50-day moving average is $8.05 and its 200-day moving average is $10.47. Quantum has a fifty-two week low of $2.88 and a fifty-two week high of $90.64.

Institutional Trading of Quantum

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new stake in Quantum in the second quarter worth about $46,000. SBI Securities Co. Ltd. raised its position in Quantum by 99.4% in the second quarter. SBI Securities Co. Ltd. now owns 5,636 shares of the company's stock worth $56,000 after acquiring an additional 2,809 shares during the period. Activest Wealth Management raised its position in Quantum by 428,200.0% in the first quarter. Activest Wealth Management now owns 4,283 shares of the company's stock worth $62,000 after acquiring an additional 4,282 shares during the period. Apollon Wealth Management LLC bought a new stake in Quantum in the second quarter worth about $107,000. Finally, AlphaQuest LLC bought a new stake in Quantum in the first quarter worth about $139,000. Institutional investors own 63.66% of the company's stock.

Quantum Company Profile

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.

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