S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
META's Outperformance Last Week Points to Imminent Breakout
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
META's Outperformance Last Week Points to Imminent Breakout
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
META's Outperformance Last Week Points to Imminent Breakout
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
3 Blue Chip Safe Havens to Shield Your Portfolio
Would Buffett Approve of This Growth Strategy? (Ad)
Buy The World’s Largest IT Infrastructure Provider For Under $20
3 Stocks That Flourish In The Fall
An Unusual Way to Invest in Gold (Ad)
Stock market today: Wall Street inches lower hinting that sustained market sell-off may continue
Oil prices have risen. That's making gas more expensive for US drivers and helping Russia's war
An Unusual Way to Invest in Gold (Ad)
META's Outperformance Last Week Points to Imminent Breakout
Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?
NASDAQ:QMCO

Quantum (QMCO) Stock Forecast, Price & News

$0.66
-0.02 (-2.51%)
(As of 09/22/2023 08:52 PM ET)
Compare
Today's Range
$0.65
▼
$0.70
50-Day Range
$0.59
▼
$1.17
52-Week Range
$0.58
▼
$2.00
Volume
146,300 shs
Average Volume
265,675 shs
Market Capitalization
$63.10 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.43
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Quantum MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
115.9% Upside
$1.43 Price Target
Short Interest
Healthy
0.43% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$241,358 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.18) to ($0.05) Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Computer And Technology Sector

445th out of 584 stocks

Computer Storage Devices Industry

3rd out of 5 stocks

See Top Rated MarketRank™ Stocks Here

QMCO stock logo

About Quantum (NASDAQ:QMCO) Stock

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. It also provides ActiveScale Object Storage Software that scalable and durable storage for long term data preservation and protection; DXi Backup Appliances to build backup appliances for high-speed backup and recovery and multisite data protection; and Scalar Tape Storage that secure storage for long term data archiving and offline data protection which are used by hyperscalers and enterprises. In addition, the company sells linear tape-open (LTO) a tape drives for small business data protection and archiving; and LTO media for use in tape storage systems. Further, it offers global support, managed services, customer support agreements, software subscriptions, installation, education, and consulting and training services, as well as Quantum-as-a-Service. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. It has a partnership with Tiger Surveillance to deliver end-to-end solutions for long-term retention and archiving of video surveillance data. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

QMCO Price History

QMCO Stock News Headlines

September 13, 2023 | finance.yahoo.com
Quantum Announces New Pre-Configured ActiveScale Cold Storage Bundles to Make It Simple to Deploy On-Prem Cloud Resources and Unlock Value in Archived Data
September 11, 2023 | finance.yahoo.com
Quantum to Participate at the Northland Institutional Investor Conference on September 19
September 25, 2023 | Edge On The Street (Ad)
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
September 6, 2023 | finance.yahoo.com
Shareholders Will Probably Hold Off On Increasing Quantum Corporation's (NASDAQ:QMCO) CEO Compensation For The Time Being
September 5, 2023 | finance.yahoo.com
Quantum to Participate at the Lake Street BIG7 Best Ideas Growth Conference on September 14
August 30, 2023 | finance.yahoo.com
Quantum Expands Hybrid Cloud Leadership with New Features across End-to-End Unstructured Data Platform
August 25, 2023 | finance.yahoo.com
Quantum Corp (QMCO): A Value Investment or a Value Trap?
August 16, 2023 | msn.com
Quantum partners with Tiger Surveillance to offer surveillance data retention solutions
September 25, 2023 | Edge On The Street (Ad)
An Unusual Way to Invest in Gold
Most financial experts recommend including gold in your investment mix to protect against rising prices and keep wealth secure. Investors are discovering a little-known way to benefit from gold, which offers the chance to gain from higher gold prices and mining successes while avoiding the costs of operating mines.
August 16, 2023 | finance.yahoo.com
Need To Know: The Consensus Just Cut Its Quantum Corporation (NASDAQ:QMCO) Estimates For 2024
August 16, 2023 | finance.yahoo.com
Quantum Announces Partnership with Tiger Surveillance to Address Growing Need for Long-term Retention of Video Surveillance Data
August 10, 2023 | msn.com
Northland Capital Markets Downgrades Quantum (QMCO)
August 8, 2023 | markets.businessinsider.com
Analysts Conflicted on These Technology Names: Quantum (QMCO) and Everbridge (EVBG)
August 8, 2023 | finanznachrichten.de
Quantum Corp.: Quantum Reports First Quarter Fiscal 2024 Results
August 8, 2023 | msn.com
Quantum Corp. (QMCO) Reports Q1 Loss, Lags Revenue Estimates
August 8, 2023 | msn.com
Here's What Key Metrics Tell Us About Quantum Corp. (QMCO) Q1 Earnings
August 8, 2023 | finance.yahoo.com
Quantum Reports First Quarter Fiscal 2024 Results
July 31, 2023 | finance.yahoo.com
Quantum to Participate at the Oppenheimer Technology, Internet & Communications Conference on August 9
July 28, 2023 | finance.yahoo.com
QMCO - Quantum Corporation
July 28, 2023 | investorplace.com
No Quantum Leap: Time to Hit the Brakes After QS Stock’s Lackluster Earnings
July 25, 2023 | finance.yahoo.com
Quantum to Release Fiscal First Quarter 2024 Financial Results on Tuesday, August 8, 2023
July 5, 2023 | msn.com
Despite Fast-paced Momentum, Quantum Corp. (QMCO) Is Still a Bargain Stock
June 28, 2023 | it.tmcnet.com
Quantum Integrates Comprehensive Enterprise Backup and Data Protection Portfolio with Latest Veeam Data Platform
June 12, 2023 | msn.com
Fast-paced Momentum Stock Quantum Corp. (QMCO) Is Still Trading at a Bargain
June 8, 2023 | entrepreneur.com
3 Great Tech Hardware Buys for June
June 8, 2023 | msn.com
Lake Street Maintains Quantum (QMCO) Buy Recommendation
June 8, 2023 | msn.com
Northland Capital Markets Maintains Quantum (QMCO) Outperform Recommendation
See More Headlines
Receive QMCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Quantum and its competitors with MarketBeat's FREE daily newsletter.

QMCO Company Calendar

Last Earnings
8/08/2023
Today
9/25/2023
Next Earnings (Estimated)
11/01/2023
Fiscal Year End
3/31/2024
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Computer storage devices
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NASDAQ:QMCO
CUSIP
N/A
CIK
709283
Web
www.quantum.com
Phone
(408) 944-4000
Fax
408-944-4040
Employees
850
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$1.43
High Stock Price Forecast
$2.00
Low Stock Price Forecast
$0.80
Forecasted Upside/Downside
+115.9%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.41)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-37,940,000.00
Net Margins
-9.40%
Pretax Margin
-8.89%
Return on Equity
N/A
Return on Assets
-7.83%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.05
Quick Ratio
0.73

Sales & Book Value

Annual Sales
$412.75 million
Price / Sales
0.15
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
($0.83) per share
Price / Book
-0.80

Miscellaneous

Outstanding Shares
95,040,000
Free Float
91,620,000
Market Cap
$63.10 million
Optionable
Optionable
Beta
2.58
7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover
7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report

Key Executives

  • Mr. James J. LernerMr. James J. Lerner (Age 53)
    Chairman, Pres & CEO
    Comp: $682.31k
  • Mr. Kenneth P. Gianella (Age 50)
    Chief Financial Officer
    Comp: $362.96k
  • Mr. Brian E. Cabrera (Age 58)
    Sr. VP, Chief Legal & Admin. Officer and Sec.
    Comp: $399.35k
  • Mr. John Hurley (Age 57)
    Chief Revenue Officer
    Comp: $602.25k
  • Mr. Eric Isom
    VP of Supply Chain & Operations
  • Ms. Laura A. Nash
    Chief Accounting Officer
  • Mr. Willem Dirven
    Chief Information Officer
  • Ms. Natasha Beckley
    Chief Marketing Officer
  • Mr. Brian Pawlowski
    Chief Devel. Officer
  • Mr. Ross Fujii
    Chief Customer Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













QMCO Stock - Frequently Asked Questions

Should I buy or sell Quantum stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Quantum in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" QMCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in QMCO, but not buy additional shares or sell existing shares.
View QMCO analyst ratings or view top-rated stocks.

What is Quantum's stock price forecast for 2023?

2 analysts have issued 12 month price objectives for Quantum's shares. Their QMCO share price forecasts range from $0.80 to $2.00. On average, they anticipate the company's share price to reach $1.43 in the next twelve months. This suggests a possible upside of 115.9% from the stock's current price.
View analysts price targets for QMCO or view top-rated stocks among Wall Street analysts.

How have QMCO shares performed in 2023?

Quantum's stock was trading at $1.09 on January 1st, 2023. Since then, QMCO stock has decreased by 39.1% and is now trading at $0.6639.
View the best growth stocks for 2023 here.

When is Quantum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our QMCO earnings forecast.

How were Quantum's earnings last quarter?

Quantum Co. (NASDAQ:QMCO) issued its earnings results on Tuesday, August, 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by $0.03. The business earned $91.79 million during the quarter, compared to analysts' expectations of $97.04 million.

What guidance has Quantum issued on next quarter's earnings?

Quantum issued an update on its second quarter 2024 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of -$0.04-$0.02 for the period, compared to the consensus estimate of -$0.01. The company issued revenue guidance of $77.00 million-$83.00 million, compared to the consensus revenue estimate of $99.53 million.

What is Quantum's stock symbol?

Quantum trades on the NASDAQ under the ticker symbol "QMCO."

Who are Quantum's major shareholders?

Quantum's stock is owned by many different institutional and retail investors. Top institutional investors include B. Riley Financial Inc. (2.58%), BlackRock Inc. (1.10%), Kovack Advisors Inc. (0.55%), Acadian Asset Management LLC (0.42%) and LPL Financial LLC (0.18%). Insiders that own company stock include Alesia Lee Pinney, Brian E Cabrera, Elizabeth King, J Michael Dodson, James J Lerner, James J Lerner, Jayshree Ullal, John Fichthorn, John Hurley, Laura A Nash, Lewis W Moorehead, Lewis W Moorehead and Regan J Macpherson.
View institutional ownership trends.

How do I buy shares of Quantum?

Shares of QMCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Quantum's stock price today?

One share of QMCO stock can currently be purchased for approximately $0.66.

How much money does Quantum make?

Quantum (NASDAQ:QMCO) has a market capitalization of $63.10 million and generates $412.75 million in revenue each year. The company earns $-37,940,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis.

How many employees does Quantum have?

The company employs 850 workers across the globe.

How can I contact Quantum?

Quantum's mailing address is 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA, 95110. The official website for the company is www.quantum.com. The company can be reached via phone at (408) 944-4000, via email at rob@fnkir.com, or via fax at 408-944-4040.

This page (NASDAQ:QMCO) was last updated on 9/25/2023 by MarketBeat.com Staff

My Account -