Analysts Offer Predictions for Quantum Q1 Earnings

Quantum Corporation (NASDAQ:QMCO) – Equities research analysts at Lake Street Capital issued their Q1 2027 earnings per share estimates for shares of Quantum in a research report issued to clients and investors on Thursday, August 6th. Lake Street Capital analyst J. Stephan forecasts that the company will earn ($0.24) per share for the quarter. Lake Street Capital has a “Buy” rating on the stock. The consensus estimate for Quantum’s current full-year earnings is ($0.28) per share.

Quantum (NASDAQ:QMCO) last released its quarterly earnings results on Monday, August 10th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.35. The firm had revenue of $80.80 million during the quarter, compared to analyst estimates of $75.05 million. Quantum has set its Q2 2027 guidance at 0.020-0.220 EPS.

Other equities research analysts have also issued research reports about the company. Northland Securities lowered Quantum from an “outperform” rating to a “market perform” rating and set a $13.00 target price on the stock. in a research report on Friday, June 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum in a research note on Wednesday, June 24th. Litchfield Hills Research assumed coverage on shares of Quantum in a report on Monday. They issued a “buy” rating on the stock. Finally, Needham & Company LLC started coverage on shares of Quantum in a report on Wednesday, June 3rd. They issued a “buy” rating on the stock. Three investment 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. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $16.50.

Quantum Price Performance

QMCO stock opened at $11.78 on Monday. The stock has a market capitalization of $464.13 million, a P/E ratio of -1.46 and a beta of 2.97. Quantum has a fifty-two week low of $4.19 and a fifty-two week high of $18.48. The business has a 50-day moving average of $11.98 and a 200-day moving average of $8.50.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Geode Capital Management LLC lifted its stake in Quantum by 9.1% in the 2nd quarter. Geode Capital Management LLC now owns 69,384 shares of the company’s stock valued at $692,000 after purchasing an additional 5,806 shares during the last quarter. Marshall Wace LLP bought a new stake in Quantum in the second quarter valued at approximately $1,775,000. Raymond James Financial Inc. bought a new stake in Quantum in the second quarter valued at approximately $46,000. Vanguard Group Inc. lifted its position in shares of Quantum by 18.3% in the third quarter. Vanguard Group Inc. now owns 303,597 shares of the company’s stock valued at $3,012,000 after buying an additional 46,919 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Quantum by 322.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,461 shares of the company’s stock worth $34,000 after acquiring an additional 2,641 shares during the period. 63.66% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Quantum

Here are the key news stories impacting Quantum this week:

• Positive Sentiment: Quantum reported fiscal first-quarter 2027 revenue of $80.8 million, up 26% year over year and above its $75 million–$77 million guidance range. Adjusted earnings were $0.18 per share, reversing a $1.58 loss a year earlier and substantially exceeding the expected $0.17-per-share loss. Quantum Reports Fiscal First Quarter 2027 Financial Results
• Positive Sentiment: Profitability and the balance sheet improved: adjusted EBITDA was $8.0 million, operating expenses declined year over year, and Quantum reported zero outstanding debt with $54.6 million in cash, cash equivalents and restricted cash. Quantum Reports $80.8 Million Revenue for Fiscal Q1 2027
• Positive Sentiment: Second-quarter fiscal 2027 guidance was stronger than analyst expectations. Quantum forecast revenue of $80 million–$84 million versus consensus of $75.4 million, while projected EPS of $0.02–$0.22 compares with expectations for a $0.04 loss. Quantum earnings guidance
• Neutral Sentiment: The headline results were mixed: Quantum posted a $155.3 million GAAP net loss, or $7.06 per share, primarily because of one-time charges related to debt-elimination transactions. The charges may not reflect ongoing operations, but they could weigh on investor sentiment.
• Negative Sentiment: Insiders reported four open-market sales and no purchases during the past six months, including sales by the CEO and chief revenue officer. This may raise caution about management’s near-term view of the stock. Quantum insider trading activity

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.