Quantum (NASDAQ:QMCO) Issues Q1 2027 Earnings Guidance

Quantum (NASDAQ:QMCO) updated its first quarter 2027 earnings guidance on Thursday. The company provided EPS guidance of -0.250–0.050 for the period, compared to the consensus earnings per share estimate of -0.240. The company issued revenue guidance of $73.0 million-$77.0 million, compared to the consensus revenue estimate of $71.8 million.

Quantum Stock Performance

QMCO opened at $11.65 on Friday. Quantum has a one year low of $4.19 and a one year high of $18.48. The stock has a market capitalization of $170.53 million, a PE ratio of -1.45 and a beta of 2.97. The business’s 50 day moving average price is $10.40 and its 200 day moving average price is $7.80.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Lake Street Capital reaffirmed a “buy” rating on shares of Quantum in a research note on Friday. Northland Securities reissued a “market perform” rating and set a $13.00 price objective on shares of Quantum in a research report on Friday. Needham & Company LLC initiated coverage on shares of Quantum in a report on Wednesday, June 3rd. They issued a “buy” rating on the stock. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum in a research report on Wednesday. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $17.67.

More Quantum News

Here are the key news stories impacting Quantum this week:

• Positive Sentiment: Quantum reported fiscal Q4 revenue of about $78 million, up 27% year over year and above guidance, while adjusted losses narrowed, suggesting operating leverage is starting to improve. Quantum Reports Fiscal Fourth Quarter and Full Year 2026 Financial Results
• Positive Sentiment: The company guided first-quarter 2027 revenue to $73 million-$77 million, ahead of Wall Street estimates, and highlighted a backlog of roughly $45 million along with no outstanding debt, which may support confidence in near-term growth and financial stability. Quantum anticipates $75M +/- $2M Q1 revenue amid $45M backlog and no outstanding debt
• Positive Sentiment: Quantum also beat earnings expectations for the quarter, reporting a smaller-than-expected loss of $0.21 per share versus a consensus loss of $0.35, which can reinforce the bullish case for the stock. Quantum earnings and stock info
• Neutral Sentiment: Northland Securities reiterated its “market perform” rating and set a $13 price target, implying modest upside but not a strong buy call. Benzinga report
• Neutral Sentiment: The company’s Q4 earnings call and transcript are being closely watched for commentary on supply-chain issues and execution, but these items are more informational than immediately market-moving. Quantum Corp Q4 2026 Earnings Call Highlights

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of QMCO. Bank of America Corp DE raised its holdings in shares of Quantum by 337.5% in the 3rd quarter. Bank of America Corp DE now owns 2,896 shares of the company’s stock valued at $29,000 after buying an additional 2,234 shares during the period. BNP Paribas Financial Markets boosted its holdings in Quantum by 322.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,461 shares of the company’s stock valued at $34,000 after acquiring an additional 2,641 shares during the period. Raymond James Financial Inc. acquired a new position in Quantum in the 2nd quarter valued at about $46,000. Millennium Management LLC acquired a new position in Quantum in the 4th quarter valued at about $73,000. Finally, XTX Topco Ltd purchased a new stake in Quantum during the fourth quarter worth about $77,000. 63.66% of the stock is currently owned by hedge funds and other institutional investors.

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.