Quantum (QMCO) Projected to Release Earnings on Monday

Key Points

• Quantum is expected to report Q2 2027 results after market close on Monday, November 9, 2026. Analysts forecast earnings of $0.13 per share on $82.30 million in revenue, compared with company guidance of $0.02–$0.22 EPS.
• The company exceeded expectations in its latest quarter, reporting $0.18 EPS versus the consensus estimate of a $0.17 loss and revenue of $80.80 million versus the $75.05 million forecast.
• Analyst sentiment is generally positive: five analysts rate Quantum a Buy and one rates it a Sell, producing a “Moderate Buy” consensus and an average price target of $27.33, well above its recent $18.10 share price.

Quantum (NASDAQ:QMCO - Get Free Report) is projected to announce its Q2 2027 results after the market closes on Monday, November 9th. Analysts expect Quantum to post earnings of $0.13 per share and revenue of $82.30 million for the quarter. Quantum has set its Q2 2027 guidance at 0.020-0.220 EPS. Parties are encouraged to explore the company's upcoming Q2 2027 earnings overview page for the latest details on the call scheduled for Monday, November 9, 2026 at 5:00 PM ET.

Quantum (NASDAQ:QMCO - Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.35. The company had revenue of $80.80 million for the quarter, compared to analyst estimates of $75.05 million. On average, analysts expect Quantum to post $0.31 EPS for the current fiscal year and $0.86 EPS for the next fiscal year.

Quantum Price Performance

QMCO traded down $0.17 on Monday, reaching $18.10. The company's stock had a trading volume of 140,666 shares, compared to its average volume of 1,118,087. Quantum has a 1 year low of $4.19 and a 1 year high of $35.65. The stock has a market cap of $713.36 million, a price-to-earnings ratio of -1.36 and a beta of 3.23. The business's 50 day moving average is $24.73 and its 200 day moving average is $13.09.

Wall Street Analysts Forecast Growth

QMCO has been the subject of several recent analyst reports. Lake Street Capital set a $29.00 target price on shares of Quantum and gave the stock a "buy" rating in a research report on Monday, September 14th. Wall Street Zen upgraded Quantum from a "hold" rating to a "buy" rating in a research report on Saturday, August 15th. Litchfield Hills Research began coverage on shares of Quantum in a research report on Monday, August 10th. They set a "buy" rating for the company. Northland Securities raised shares of Quantum from a "market perform" rating to an "outperform" rating and set a $24.00 price objective for the company in a research note on Tuesday, August 11th. Finally, Cantor Fitzgerald initiated coverage on shares of Quantum in a research note on Friday, October 23rd. They issued an "overweight" rating and a $29.00 price objective for the company. Five investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Quantum presently has an average rating of "Moderate Buy" and an average target price of $27.33.

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 offerings are designed to help customers store, protect, archive and access information across on-premises, cloud and hybrid environments.

The company's product portfolio has included Scalar tape libraries and LTO tape storage products, DXi deduplication and backup appliances, and software-defined storage solutions such as ActiveScale object storage.

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