QuinStreet (NASDAQ:QNST) Raised to "Buy" at Wall Street Zen

Key Points

• QuinStreet has been upgraded from a "hold" to a "buy" rating by analysts at Wall Street Zen, indicating a positive outlook on the stock.
• Despite a positive upgrade, other analysts have lowered their price targets, with Lake Street Capital adjusting theirs from $19 to $18, while Barrington Research set a more optimistic target at $29.
• QuinStreet reported a quarterly earnings miss of $0.25 per share, slightly below expectations, but revenue grew by 32.1% year-over-year to $262.05 million.

QuinStreet (NASDAQ:QNST - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Friday.

Other equities research analysts have also issued research reports about the stock. Lake Street Capital dropped their price objective on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating on the stock in a research note on Friday, August 8th. B. Riley dropped their price objective on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. Finally, Barrington Research reiterated an "outperform" rating and set a $29.00 price objective on shares of QuinStreet in a research note on Friday, August 8th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, QuinStreet has an average rating of "Moderate Buy" and an average target price of $27.00.

QuinStreet Trading Down 0.4%

QuinStreet stock traded down $0.06 during midday trading on Friday, hitting $16.17. The stock had a trading volume of 494,042 shares, compared to its average volume of 520,720. The stock has a market cap of $928.97 million, a P/E ratio of 179.67 and a beta of 0.68. QuinStreet has a 12 month low of $14.27 and a 12 month high of $26.27. The business has a fifty day moving average price of $15.89 and a 200 day moving average price of $16.16.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in QuinStreet by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 4,027,512 shares of the technology company's stock worth $71,851,000 after purchasing an additional 25,482 shares during the last quarter. Driehaus Capital Management LLC grew its position in QuinStreet by 13.6% in the 1st quarter. Driehaus Capital Management LLC now owns 3,165,649 shares of the technology company's stock worth $56,475,000 after purchasing an additional 377,954 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of QuinStreet by 0.9% in the first quarter. American Century Companies Inc. now owns 2,248,579 shares of the technology company's stock valued at $40,115,000 after acquiring an additional 20,011 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of QuinStreet by 2.2% during the second quarter. Geode Capital Management LLC now owns 1,361,252 shares of the technology company's stock valued at $21,918,000 after acquiring an additional 29,783 shares during the period. Finally, Marshall Wace LLP increased its stake in shares of QuinStreet by 46.7% during the second quarter. Marshall Wace LLP now owns 882,021 shares of the technology company's stock valued at $14,201,000 after acquiring an additional 280,942 shares during the period. Institutional investors own 97.83% of the company's stock.

QuinStreet Company Profile

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.

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