Quantum (NASDAQ:QMCO – Get Free Report) is expected to be posting its Q1 2027 results after the market closes on Monday, August 10th. Analysts expect the company to post earnings of ($0.17) per share and revenue of $75.05 million for the quarter. Investors may review the information on the company’s upcoming Q1 2027 earning summary page for the latest details on the call scheduled for Monday, August 10, 2026 at 5:00 PM ET.
Quantum Stock Up 3.1%
NASDAQ QMCO opened at $12.04 on Friday. Quantum has a 52-week low of $4.19 and a 52-week high of $18.48. The business’s 50-day moving average price is $11.95 and its 200 day moving average price is $8.46. The firm has a market cap of $474.38 million, a P/E ratio of -1.50 and a beta of 2.97.
Analyst Ratings Changes
A number of analysts have weighed in on QMCO shares. Needham & Company LLC assumed coverage on Quantum in a research report on Wednesday, June 3rd. They set a “buy” rating for the company. Weiss Ratings restated a “sell (d-)” rating on shares of Quantum in a research note on Wednesday, June 24th. Lake Street Capital reaffirmed a “buy” rating on shares of Quantum in a report on Friday, June 26th. Finally, Northland Securities lowered shares of Quantum from an “outperform” rating to a “market perform” rating and set a $13.00 price objective on the stock. in a research report on Friday, June 26th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Quantum presently has a consensus rating of “Hold” and a consensus target price of $17.67.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Quantum by 18.3% during the third quarter. Vanguard Group Inc. now owns 303,597 shares of the company’s stock worth $3,012,000 after acquiring an additional 46,919 shares during the last quarter. Marshall Wace LLP acquired a new stake in shares of Quantum in the second quarter valued at approximately $1,775,000. UBS Group AG increased its stake in shares of Quantum by 170.0% during the 3rd quarter. UBS Group AG now owns 162,605 shares of the company’s stock worth $1,613,000 after purchasing an additional 102,384 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of Quantum by 97.5% during the 4th quarter. Geode Capital Management LLC now owns 156,871 shares of the company’s stock worth $1,012,000 after purchasing an additional 77,444 shares in the last quarter. Finally, State Street Corp raised its position in shares of Quantum by 231.7% during the 4th quarter. State Street Corp now owns 90,714 shares of the company’s stock worth $585,000 after purchasing an additional 63,367 shares during the last quarter. Hedge funds and other institutional investors own 63.66% of the company’s stock.
Quantum Company Profile
Quantum Corporation (NASDAQ: QMCO) is a technology company that develops and delivers data management and storage solutions for businesses and organizations worldwide. The company’s product portfolio includes hardware, software and cloud-based offerings designed to address backup, archive, primary storage and long-term retention needs. Quantum’s solutions are geared toward data-intensive environments such as media and entertainment, surveillance, government, education and healthcare, where large volumes of digital content must be reliably stored, managed and accessed.
Quantum’s flagship products include the StorNext® data management platform, which provides high-performance shared file storage and workflow acceleration, and the DXi® series of deduplication appliances, which optimize backup and recovery by reducing storage footprints and data transfer times.
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