S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
66,000% upside on tiny biotech? (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
66,000% upside on tiny biotech? (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
66,000% upside on tiny biotech? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
66,000% upside on tiny biotech? (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
66,000% upside on tiny biotech? (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
66,000% upside on tiny biotech? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
66,000% upside on tiny biotech? (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
66,000% upside on tiny biotech? (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
66,000% upside on tiny biotech? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
S&P 500   4,267.52
DOW   33,665.02
QQQ   348.82
Stock market today: Asian shares slip following technology selloff on Wall Street
66,000% upside on tiny biotech? (Ad)
Tesla: How and Why It Gets To $300
Don't Overlook Hidden Gem Kinsale As Rallies To New Highs
66,000% upside on tiny biotech? (Ad)
AI-powered IoT Automation is Driving Samsara To New Highs
What is a Growth Stock Mutual Fund?
66,000% upside on tiny biotech? (Ad)
Persistent inflation, higher interest rates will weigh on global economy, OECD predicts
Sprinklr Gets Targets Raised By Analysts, Here's Why
NASDAQ:QMCO

Quantum (QMCO) Stock Forecast, Price & News

$1.03
-0.03 (-2.83%)
(As of 06/7/2023 ET)
Compare
Today's Range
$1.01
$1.11
50-Day Range
$0.93
$1.28
52-Week Range
$0.86
$2.22
Volume
645,133 shs
Average Volume
191,303 shs
Market Capitalization
$108.37 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.25

Quantum MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
126.5% Upside
$2.33 Price Target
Short Interest
Healthy
0.36% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.11mentions of Quantum in the last 14 days
Based on 19 Articles This Week
Insider Trading
Selling Shares
$29,369 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.22) to ($0.11) Per Share

Overall MarketRank

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

2.26 out of 5 stars

Computer And Technology Sector

209th out of 599 stocks

Computer Storage Devices Industry

3rd out of 5 stocks


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 CatDV, an asset management and workflow orchestration platform that provides asset management, automation, and collaboration tools for organization that manages large volumes of digital media; StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup appliances for backup storage and multi-site disaster recovery; portfolio of products designed for the capture and analysis of video surveillance and security, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems. In addition, the company offers managed services, customer support agreements, software subscriptions, installation, and consulting and training services; and object storage systems for online content repositories, such as media archives, genome sequencing data repositories, and big data lakes. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop use. 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. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

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 Stock News Headlines

Having Trouble in Your Trading?
If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right or anticipate massive trend reversals with A.I. like I’ll show you in this upcoming FREE Live A.I. Stock Market Training.
Quantum earnings preview: what Wall Street is expecting
Having Trouble in Your Trading?
If you’re having issues in your trading, it could be that it's not you - it really is the market… Well, you’re in control. You can sit on the sideline when it feels right or anticipate massive trend reversals with A.I. like I’ll show you in this upcoming FREE Live A.I. Stock Market Training.
Recap: Quantum Q4 Earnings
Earnings Outlook For Quantum
Quantum (QMCO) Set to Announce Earnings on Tuesday
Quantum (NASDAQ: QMCO)
See More Headlines

QMCO Price History

QMCO Company Calendar

Last Earnings
6/06/2023
Today
6/07/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
3/31/2024

Industry, Sector and Symbol

Industry
Computer storage devices
Sub-Industry
N/A
Current Symbol
NASDAQ:QMCO
Employees
905
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$2.33
High Stock Price Forecast
$2.75
Low Stock Price Forecast
$2.00
Forecasted Upside/Downside
+312.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$-32,280,000.00
Pretax Margin
-7.68%

Debt

Sales & Book Value

Annual Sales
$372.83 million
Book Value
($2.10) per share

Miscellaneous

Free Float
100,796,000
Market Cap
$108.37 million
Optionable
Optionable
Beta
2.56

Key Executives

  • Mr. James J. LernerMr. James J. Lerner (Age 53)
    Chairman, Pres & CEO
    Comp: $587.08k
  • Mr. Lewis W. Moorehead CPAMr. Lewis W. Moorehead CPA (Age 51)
    Chief Accounting Officer
    Comp: $303.9k
  • Mr. Brian E. Cabrera (Age 58)
    Sr. VP, Chief Legal & Admin. Officer and Sec.
    Comp: $322.82k
  • Mr. James Michael DodsonMr. James Michael Dodson (Age 62)
    Advisor
    Comp: $430.32k
  • Mr. John Hurley (Age 57)
    Chief Revenue Officer
    Comp: $428.4k
  • Mr. Kenneth P. Gianella (Age 50)
    Chief Financial Officer
  • Mr. Eric Isom
    VP of Supply Chain & Operations
  • Mr. Willem Dirven
    Chief Information Officer & Chief of Staff
  • Ms. Natasha Beckley
    Chief Marketing Officer
  • Mr. Brian Pawlowski
    Chief Devel. Officer













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 twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" QMCO shares.
View QMCO analyst ratings
or view top-rated stocks.

What is Quantum's stock price forecast for 2023?

2 brokerages have issued 12 month price targets for Quantum's shares. Their QMCO share price forecasts range from $2.00 to $2.75. On average, they predict the company's stock price to reach $2.33 in the next twelve months. This suggests a possible upside of 126.5% 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 at the beginning of the year. Since then, QMCO stock has decreased by 5.5% and is now trading at $1.03.
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 Thursday, August 3rd 2023.
View our QMCO earnings forecast
.

How were Quantum's earnings last quarter?

Quantum Co. (NASDAQ:QMCO) released its quarterly earnings results on Tuesday, June, 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.04). The firm earned $105.34 million during the quarter, compared to analysts' expectations of $102.03 million. During the same period in the prior year, the company posted ($0.09) earnings per share.

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

Quantum issued an update on its first quarter 2024 earnings guidance on Wednesday, June, 7th. The company provided earnings per share guidance of -$0.02-$0.02 for the period, compared to the consensus earnings per share estimate of 0. The company issued revenue guidance of $94.00 million-$100.00 million, compared to the consensus revenue estimate of $102.17 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 a number of institutional and retail investors. Top institutional investors include Long Focus Capital Management LLC (4.99%), Solas Capital Management LLC (3.54%), Long Focus Capital Management LLC (3.20%), B. Riley Financial Inc. (2.88%), Roumell Asset Management LLC (1.60%) and King Luther Capital Management Corp (1.32%). Insiders that own company stock include Alesia Lee Pinney, Brian E Cabrera, Donald E Jr Martella, Elizabeth King, J Michael Dodson, James J Lerner, James J Lerner, Jayshree Ullal, John Fichthorn, 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 $1.03.

How much money does Quantum make?

Quantum (NASDAQ:QMCO) has a market capitalization of $108.37 million and generates $372.83 million in revenue each year. The company earns $-32,280,000.00 in net income (profit) each year or ($0.41) on an earnings per share basis.

How many employees does Quantum have?

The company employs 905 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 6/8/2023 by MarketBeat.com Staff

My Account -