QuinStreet (NASDAQ:QNST) Stock Rating Lowered by Wall Street Zen

Key Points

• Wall Street Zen has downgraded QuinStreet (NASDAQ:QNST) from a "buy" to a "hold" rating, reflecting a shift in performance expectations.
• QuinStreet's recent earnings report showed a slight earnings miss, with a reported EPS of $0.25 compared to the consensus estimate of $0.26, despite a year-over-year revenue increase of 32.1%.
• The stock currently has an average rating of "Moderate Buy" from analysts, with varying price targets ranging from $18.00 to $31.00 set by different firms.

Wall Street Zen downgraded shares of QuinStreet (NASDAQ:QNST - Free Report) from a buy rating to a hold rating in a research report released on Friday.

Other equities research analysts also recently issued research reports about the stock. Stephens reissued an "overweight" rating and set a $31.00 price objective on shares of QuinStreet in a research report on Thursday, May 8th. B. Riley decreased their target price on shares of QuinStreet from $28.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Lake Street Capital decreased their target price on shares of QuinStreet from $19.00 to $18.00 and set a "hold" rating for the company in a research report on Friday, August 8th. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $29.00 target price on shares of QuinStreet in a research report on Friday, August 8th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $27.00.

QuinStreet Trading Up 0.1%

Shares of QNST stock traded up $0.01 during trading hours on Friday, hitting $15.58. 596,593 shares of the company were exchanged, compared to its average volume of 601,016. The business has a 50 day moving average of $15.76 and a two-hundred day moving average of $16.77. QuinStreet has a 52 week low of $14.27 and a 52 week high of $26.27. The company has a market capitalization of $898.65 million, a PE ratio of 173.11 and a beta of 0.71.

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

Institutional Trading of QuinStreet

A number of large investors have recently added to or reduced their stakes in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in QuinStreet by 8.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,622 shares of the technology company's stock valued at $235,000 after acquiring an additional 1,109 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in shares of QuinStreet by 8.5% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 15,184 shares of the technology company's stock worth $244,000 after buying an additional 1,189 shares during the last quarter. Illinois Municipal Retirement Fund lifted its stake in shares of QuinStreet by 4.1% during the 1st quarter. Illinois Municipal Retirement Fund now owns 31,717 shares of the technology company's stock worth $566,000 after buying an additional 1,247 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of QuinStreet by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,983 shares of the technology company's stock worth $571,000 after buying an additional 1,381 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in shares of QuinStreet during the 1st quarter worth about $25,000. 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.