Quantum (NASDAQ:QMCO) Updates Q4 2026 Earnings Guidance

Quantum (NASDAQ:QMCO) issued an update on its fourth quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of -0.430–0.230 for the period. The company issued revenue guidance of $66.0 million-$70.0 million.

Quantum Stock Down 2.9%

Shares of NASDAQ:QMCO traded down $0.16 during midday trading on Thursday, reaching $5.31. The company’s stock had a trading volume of 197,761 shares, compared to its average volume of 609,165. The firm has a 50 day moving average of $6.98 and a 200-day moving average of $8.17. The firm has a market capitalization of $72.89 million, a P/E ratio of -1.75 and a beta of 2.66. Quantum has a 12-month low of $4.89 and a 12-month high of $24.40.

Quantum (NASDAQ:QMCO) last issued its quarterly earnings results on Tuesday, February 17th. The company reported ($0.36) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.45) by $0.09. The business had revenue of $74.59 million for the quarter, compared to analysts’ expectations of $66.36 million. Quantum has set its Q4 2026 guidance at -0.430–0.230 EPS. On average, research analysts predict that Quantum will post -5.5 EPS for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on QMCO shares. Lake Street Capital set a $7.00 price target on Quantum in a research note on Wednesday. Weiss Ratings reissued a “sell (d-)” rating on shares of Quantum in a report on Monday, December 29th. Finally, Northland Securities upgraded Quantum from a “market perform” rating to an “outperform” rating and set a $13.00 price target for the company in a report on Friday, November 14th. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.33.

Institutional Trading of Quantum

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Quantum by 18.3% in the third quarter. Vanguard Group Inc. now owns 303,597 shares of the company’s stock worth $3,012,000 after purchasing an additional 46,919 shares during the last quarter. Marshall Wace LLP purchased a new stake in shares of Quantum during the 2nd quarter valued at about $1,775,000. UBS Group AG lifted its stake in shares of Quantum by 170.0% in 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 during the period. Geode Capital Management LLC boosted its holdings in shares of Quantum by 97.5% in the fourth quarter. Geode Capital Management LLC now owns 156,871 shares of the company’s stock worth $1,012,000 after buying an additional 77,444 shares during the last quarter. Finally, State Street Corp grew its position in Quantum by 231.7% during the fourth quarter. State Street Corp now owns 90,714 shares of the company’s stock valued at $585,000 after buying an additional 63,367 shares during the period. 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.