Quantum (QMCO) Projected to Post Quarterly Earnings on Monday

Quantum (NASDAQ:QMCO) is projected to issue its Q1 2027 results after the market closes on Monday, August 10th. Analysts expect Quantum to post earnings of ($0.15) per share and revenue of $75.05 million for the quarter. Interested persons may review the information on the company’s upcoming Q1 2027 earning report for the latest details on the call scheduled for Monday, August 10, 2026 at 5:00 PM ET.

Quantum Stock Up 2.6%

Shares of NASDAQ QMCO traded up $0.28 during midday trading on Monday, hitting $10.92. The stock had a trading volume of 237,611 shares, compared to its average volume of 771,943. Quantum has a 1 year low of $4.19 and a 1 year high of $18.48. The stock has a 50 day simple moving average of $11.72 and a 200-day simple moving average of $8.33. The company has a market capitalization of $430.10 million, a PE ratio of -1.36 and a beta of 2.95.

Analysts Set New Price Targets

QMCO has been the subject of a number of research reports. Lake Street Capital reissued a “buy” rating on shares of Quantum in a research report on Friday, June 26th. Needham & Company LLC initiated coverage on shares of Quantum in a report on Wednesday, June 3rd. They issued a “buy” rating for the company. Weiss Ratings reissued a “sell (d-)” rating on shares of Quantum in a report on Wednesday, June 24th. Finally, Northland Securities lowered shares of Quantum from an “outperform” rating to a “market perform” rating and set a $13.00 price target on the stock. in a research report on Friday, June 26th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Quantum currently has a consensus rating of “Hold” and an average price target of $17.67.

Hedge Funds Weigh In On Quantum

Hedge funds and other institutional investors have recently modified their holdings of the company. Marshall Wace LLP purchased a new stake in shares of Quantum during the second quarter valued at approximately $1,775,000. UBS Group AG lifted its position in shares of Quantum by 170.0% during the third 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 grew its holdings in Quantum by 97.5% during the 4th quarter. Geode Capital Management LLC now owns 156,871 shares of the company’s stock valued at $1,012,000 after purchasing an additional 77,444 shares in the last quarter. State Street Corp increased its stake in 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 buying an additional 63,367 shares during the period. Finally, Vanguard Group Inc. lifted its holdings in Quantum by 18.3% in the 3rd quarter. Vanguard Group Inc. now owns 303,597 shares of the company’s stock worth $3,012,000 after buying an additional 46,919 shares in the last quarter. 63.66% of the stock is owned by institutional investors and hedge funds.

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.