QuinStreet, Inc. (NASDAQ:QNST) Receives $27.00 Average Price Target from Brokerages

Key Points

• QuinStreet, Inc. has received a consensus recommendation of "Moderate Buy", with four out of five analysts rating it as a buy and one as a hold.
• The stock has shown significant institutional interest, with 97.83% of its shares owned by hedge funds and other institutional investors.
• Despite positive year-over-year revenue growth of 32.1%, QuinStreet's earnings per share (EPS) of $0.25 missed analysts' estimates by $0.01.

Shares of QuinStreet, Inc. (NASDAQ:QNST - Get Free Report) have been given an average rating of "Moderate Buy" by the five ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $27.00.

A number of equities analysts have recently commented on QNST shares. Lake Street Capital dropped their price target on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a research report on Friday, August 8th. B. Riley dropped their price target on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Barrington Research reissued an "outperform" rating and issued a $29.00 price target on shares of QuinStreet in a research report on Friday, August 8th. Finally, Wall Street Zen lowered shares of QuinStreet from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd.

QuinStreet Stock Down 2.4%

Shares of NASDAQ:QNST traded down $0.40 during trading on Friday, reaching $16.37. The stock had a trading volume of 92,834 shares, compared to its average volume of 594,497. QuinStreet has a 52 week low of $14.27 and a 52 week high of $26.27. The firm has a market capitalization of $940.46 million, a price-to-earnings ratio of 181.58 and a beta of 0.68. The stock has a fifty day simple moving average of $15.83 and a two-hundred day simple moving average of $16.17.

QuinStreet (NASDAQ:QNST - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.26 by ($0.01). QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The firm had revenue of $262.05 million during the quarter, compared to the consensus estimate of $255.84 million. During the same period in the prior year, the business earned $0.11 EPS. The company's revenue for the quarter was up 32.1% compared to the same quarter last year. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. On average, analysts forecast that QuinStreet will post 0.12 EPS for the current year.

Institutional Investors Weigh In On QuinStreet

Several hedge funds and other institutional investors have recently modified their holdings of QNST. Lord Abbett & CO. LLC acquired a new stake in shares of QuinStreet in the first quarter worth $9,152,000. Millennium Management LLC grew its stake in shares of QuinStreet by 213.3% in the first quarter. Millennium Management LLC now owns 714,482 shares of the technology company's stock worth $12,746,000 after acquiring an additional 486,406 shares during the last quarter. Driehaus Capital Management LLC grew its stake in shares of QuinStreet by 13.6% in the first quarter. Driehaus Capital Management LLC now owns 3,165,649 shares of the technology company's stock worth $56,475,000 after acquiring an additional 377,954 shares during the last quarter. Cubist Systematic Strategies LLC grew its stake in shares of QuinStreet by 190.4% in the second quarter. Cubist Systematic Strategies LLC now owns 525,775 shares of the technology company's stock worth $8,465,000 after acquiring an additional 344,714 shares during the last quarter. Finally, Nuveen LLC acquired a new stake in shares of QuinStreet in the first quarter worth $5,216,000. Institutional investors and hedge funds own 97.83% of the company's stock.

About QuinStreet

QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.