Quantum (QMCO) Stock Overview
Provides data management solutions for unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
QMCO Community Fair Values
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Analyst Price Targets
Quantum Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$23.58 |
| 52 Week High | US$27.80 |
| 52 Week Low | US$4.19 |
| Beta | 3.15 |
| 1 Month Change | -9.69% |
| 3 Month Change | 68.79% |
| 1 Year Change | 220.38% |
| 3 Year Change | 50.96% |
| 5 Year Change | -77.92% |
| Change since IPO | -99.26% |
Recent News & Updates
Seeking Alpha • Aug 13
Quantum: Strong Results And Outlook, But Downgrading On Valuation
Summary Quantum Corporation reported better-than-expected Q1-FY2027 results with both revenues and profitability outperforming consensus expectations by a wide margin. Revenues of $80.8 million and Adjusted EBITDA of $8.0 million represented new multi-year highs for the company. Sales would have been even higher without persistent constraints around tape and disk drive availability. As a result, the backlog has increased significantly again. While the company's prospects remain strong, the stock appears fairly valued after the violent post-earnings rally. Consequently, I am downgrading QMCO common shares from "Buy" to "Hold" while increasing my price target from $13.75 to $21.50. Read the full article on Seeking Alpha
Narrative Update • Aug 11
QMCO: Record Backlog And Cleaner Balance Sheet Will Drive Measured Future Upside
Quantum's analyst fair value estimate has been lifted from $16.50 to $24.00. This reflects higher Street price targets after analysts highlighted robust demand, a record backlog, and clearer enterprise traction following recent quarterly results.Recent updates
Seeking Alpha • Aug 13
Quantum: Strong Results And Outlook, But Downgrading On Valuation
Summary Quantum Corporation reported better-than-expected Q1-FY2027 results with both revenues and profitability outperforming consensus expectations by a wide margin. Revenues of $80.8 million and Adjusted EBITDA of $8.0 million represented new multi-year highs for the company. Sales would have been even higher without persistent constraints around tape and disk drive availability. As a result, the backlog has increased significantly again. While the company's prospects remain strong, the stock appears fairly valued after the violent post-earnings rally. Consequently, I am downgrading QMCO common shares from "Buy" to "Hold" while increasing my price target from $13.75 to $21.50. Read the full article on Seeking AlphaNarrative Update • Aug 11
QMCO: Record Backlog And Cleaner Balance Sheet Will Drive Measured Future Upside
Quantum's analyst fair value estimate has been lifted from $16.50 to $24.00. This reflects higher Street price targets after analysts highlighted robust demand, a record backlog, and clearer enterprise traction following recent quarterly results.
Narrative Update • Jul 22
QMCO: Record Backlog And Cleaner Balance Sheet Will Drive Medium Term Upside
The analyst fair value estimate for Quantum has shifted from $9.00 to $13.00. This reflects updated views on higher long-term revenue growth, improved profit margin potential, and a lower discount rate, aligned with recent Street price targets clustered around $13 to $20.
Narrative Update • Jul 08
QMCO: Clean Balance Sheet And Record Backlog Will Support Medium Term Upside
The analyst fair value estimate for Quantum has shifted from $13.00 to $20.00 as analysts factor in company guidance, a higher projected revenue growth profile, improved margin assumptions, and reduced perceived financing risk following debt elimination and a $100M capital raise. Analyst Commentary Recent Street research on Quantum reflects a mix of caution on valuation and optimism around execution, balance sheet changes, and the medium term setup.Narrative Update • Jun 24
QMCO: Cleaner Capital Structure Will Support Measured Future Upside Potential
Analysts have raised their price target on Quantum to $20 from $8, citing the company's elimination of debt, a $100 million capital raise, and the conversion of notes to equity as key factors that reduce perceived financing risk. What’s in the News for Quantum Quantum Corporation reported that for the fourth quarter ended March 31, 2026, it expects revenue of approximately $77.5 million, plus or minus $2 million.Narrative Update • Jun 06
QMCO: Cleaner Balance Sheet Will Support Future Upside Potential
Analysts have raised their Quantum price target from $10.00 to $16.50, citing reduced financing risk after the company eliminated its debt, raised $100 million of capital, and converted notes to equity. Analyst Commentary Bullish Takeaways Bullish analysts point to the completed balance sheet clean up, including elimination of debt and conversion of notes to equity, as a key reason they see less financing risk weighing on the stock's valuation multiple.Narrative Update • Mar 22
QMCO: Improving Operations And New CFO Appointment Will Support Future Upside
Analysts have trimmed their 12 month price target for Quantum to $7 from $9, citing ongoing free cash flow challenges, a still heavy debt load, and lower tech sector valuation multiples, even as the business shows signs of improvement. Analyst Commentary Bullish Takeaways Bullish analysts point to signs that Quantum's core business is improving, which they see as an important base for any eventual valuation recovery.Narrative Update • Mar 05
QMCO: Improving Operations And New CFO Hire Will Support Future Rebound
Analysts have trimmed their 12 month price target on Quantum to $7 from $9, pointing to lower assumed revenue growth, a slightly reduced future P/E multiple, and ongoing concerns about the company’s debt load relative to its free cash flow profile. Analyst Commentary Bullish Takeaways Bullish analysts point to signs that Quantum's core business is improving, which they see as a necessary step for rebuilding investor confidence over time.Narrative Update • Feb 19
QMCO: Improving Operations Will Support Rebound Despite Debt And Cash Flow Concerns
Narrative Update on Quantum The analyst price target for Quantum has moved from $9 to $7, as analysts factor in higher required returns, a lower fair value estimate of $10.00, and concerns about debt levels and free cash flow alongside lower technology sector valuation multiples. Analyst Commentary Recent commentary around Quantum reflects a mixed stance, with the lower $7 price target balancing signs of operational improvement against ongoing balance sheet and cash flow concerns, as well as a reset in sector valuation multiples.Analysis Article • Feb 06
Quantum Corporation's (NASDAQ:QMCO) 38% Dip In Price Shows Sentiment Is Matching Revenues
Quantum Corporation ( NASDAQ:QMCO ) shareholders that were waiting for something to happen have been dealt a blow with...Narrative Update • Sep 16
Subscription Model And DXi Sales Will Drive Future Success
The sharp reduction in Quantum’s price target reflects a downgrade in growth expectations, as revenue forecasts have turned negative and profit margins have contracted, resulting in a new fair value of $11.50. What's in the News Quantum issued Q2 2026 revenue guidance of approximately $61 million, plus or minus $2 million.Analysis Article • Jun 19
Quantum Corporation's (NASDAQ:QMCO) 30% Dip In Price Shows Sentiment Is Matching Revenues
Unfortunately for some shareholders, the Quantum Corporation ( NASDAQ:QMCO ) share price has dived 30% in the last...Analysis Article • Apr 27
Lacklustre Performance Is Driving Quantum Corporation's (NASDAQ:QMCO) Low P/S
With a price-to-sales (or "P/S") ratio of 0.2x Quantum Corporation ( NASDAQ:QMCO ) may be sending bullish signals at...
New Narrative • Apr 04
Subscription Model And DXi Sales Will Drive Future Success
Quantum's shift to a subscription model boosts recurring revenue, enhancing profitability and cash flow stability amid growing ARR.Seeking Alpha • Feb 13
Quantum Corporation: Improved Results, But Still Not A Quantum Computing Play - Sell
Summary Debt-laden data storage solutions provider Quantum Corporation reported sequentially improved Q3/FY2025 results largely in line with expectations. Increased contributions from new higher-margin products and recent cost savings initiatives resulted in improved Adjusted EBITDA of $4.7 million. However, free cash flow remained negative. The company plans to address persistent debt issues by selling up to $200 million in new common shares at discounted prices to a fund managed by Yorkshire Advisors. Fully utilizing the equity purchase agreement could easily result in shares quadrupling from current levels. In addition, management clarified that the company is not engaged in quantum computing. With Quantum Corporation not being a quantum computing play and considering the elevated risk of substantial near-term dilution, I am reiterating my “Sell” rating on the company's QMCO common shares. Read the full article on Seeking AlphaAnalysis Article • Jan 16
Quantum Corporation (NASDAQ:QMCO) Surges 44% Yet Its Low P/S Is No Reason For Excitement
Despite an already strong run, Quantum Corporation ( NASDAQ:QMCO ) shares have been powering on, with a gain of 44% in...Seeking Alpha • Jan 10
Quantum Corporation: An Unsurprising Correction
Summary Quantum Corporation faces significant financial challenges, with over $120M in debt and less than $17M in cash. After a fall rally, QMCO's stock fell this week, due to confusion with quantum computing stocks and inaccurate reports of insider selling. The company's future hinges on becoming profitable through data management solutions for AI, but it reported YoY revenue declines. Cost-cutting measures aim for positive cash flow by fiscal 2026, but the tightness of the debt requires a greater margin of safety before buying. Read the full article on Seeking AlphaSeeking Alpha • Dec 17
Quantum's Future Feels Cloudy As Hype Outpaces Results
Summary Quantum Corporation's stock surged 250% this year, driven by innovations and AI/cloud market efforts, but persistent unprofitability and shrinking revenue raise concerns. Despite improved gross margins and reduced operating expenses, Quantum's financial health remains precarious with significant debt and ongoing revenue decline in older storage systems. Strategic initiatives include the high-density Scalar i7 Raptor and subscription-based models, aiming for higher-margin predictable revenue, yet execution risks and competition loom large. Quantum is a speculative “hold” as management must stabilize revenue, improve margins, and generate consistent free cash flow to justify a more optimistic outlook. Read the full article on Seeking AlphaAnalysis Article • Nov 26
Quantum Corporation's (NASDAQ:QMCO) Share Price Boosted 339% But Its Business Prospects Need A Lift Too
Quantum Corporation ( NASDAQ:QMCO ) shares have continued their recent momentum with a 339% gain in the last month...Analysis Article • Aug 27
Quantum Corporation (NASDAQ:QMCO) May Have Run Too Fast Too Soon With Recent 47% Price Plummet
The Quantum Corporation ( NASDAQ:QMCO ) share price has fared very poorly over the last month, falling by a substantial...Analysis Article • Jun 21
Investors Don't See Light At End Of Quantum Corporation's (NASDAQ:QMCO) Tunnel And Push Stock Down 35%
To the annoyance of some shareholders, Quantum Corporation ( NASDAQ:QMCO ) shares are down a considerable 35% in the...Shareholder Returns
| QMCO | US Tech | US Market | |
|---|---|---|---|
| 7D | -4.7% | 3.0% | -1.0% |
| 1Y | 220.4% | 55.1% | 14.1% |
Return vs Industry: QMCO exceeded the US Tech industry which returned 55.1% over the past year.
Return vs Market: QMCO exceeded the US Market which returned 14.1% over the past year.
Price Volatility
| QMCO volatility | |
|---|---|
| QMCO Average Weekly Movement | 21.9% |
| Tech Industry Average Movement | 11.6% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 15.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: QMCO's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: QMCO's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 490 | Hugues Meyrath | www.quantum.com |
Quantum Corporation provides data management solutions for unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers primary storage software and systems, including StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as large digital file archives; and Unified Surveillance Platform Software, a unified compute and storage software for video surveillance recording, storage, and analytics. It also provides cost-per-terabyte secondary storage software and systems, such as ActiveScale Object Storage Software, a storage for building massive data lakes, storage clouds, and cold archives; DXi Backup Appliances for backup and recovery and multisite data protection; Scalar Tape Storage, a storage for long-term data archiving and offline data protection; and CatDV Asset Management Software for indexing, cataloging, AI data enrichment, and workflow orchestration.
Quantum Corporation Fundamentals Summary
| QMCO fundamental statistics | |
|---|---|
| Market cap | US$929.29m |
| Earnings (TTM) | -US$239.13m |
| Revenue (TTM) | US$296.10m |
3.1x
P/S Ratio-3.9x
P/E RatioIs QMCO overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| QMCO income statement (TTM) | |
|---|---|
| Revenue | US$296.10m |
| Cost of Revenue | US$184.05m |
| Gross Profit | US$112.05m |
| Other Expenses | US$351.18m |
| Earnings | -US$239.13m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -6.07 |
| Gross Margin | 37.84% |
| Net Profit Margin | -80.76% |
| Debt/Equity Ratio | 0% |
How did QMCO perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/13 01:54 |
| End of Day Share Price | 2026/09/11 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Quantum Corporation is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Ellis | B. Riley Securities, Inc. |
| Chad Bennett | Craig-Hallum Capital Group LLC |
| Jacob Stephan | Lake Street Capital Markets, LLC |