QuinStreet (NASDAQ:QNST) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of QuinStreet (NASDAQ:QNST) from a hold rating to a buy rating in a report issued on Friday morning.

Several other analysts also recently weighed in on the stock. Lake Street Capital cut their price objective on shares of QuinStreet from $19.00 to $18.00 and set a “hold” rating on the stock in a research report on Friday, August 8th. Barrington Research restated an “outperform” rating and issued a $29.00 price target on shares of QuinStreet in a research note on Friday, August 8th. Finally, B. Riley cut their price target on QuinStreet from $28.00 to $25.00 and set a “buy” rating on the stock in a report on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $27.00.

QuinStreet Trading Down 0.4%

Shares of NASDAQ QNST opened at $16.17 on Friday. QuinStreet has a 12-month low of $14.27 and a 12-month high of $26.27. The company has a market cap of $928.97 million, a price-to-earnings ratio of 179.67 and a beta of 0.68. The stock’s 50 day simple moving average is $15.89 and its 200 day simple moving average is $16.14.

QuinStreet (NASDAQ:QNST) last issued its earnings results on Thursday, August 7th. The technology company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.01). The company had revenue of $262.05 million during the quarter, compared to analyst estimates of $255.84 million. QuinStreet had a return on equity of 4.56% and a net margin of 0.43%.QuinStreet’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.11 earnings per share. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts forecast that QuinStreet will post 0.12 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in QNST. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of QuinStreet by 8.2% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 14,622 shares of the technology company’s stock worth $235,000 after purchasing an additional 1,109 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in QuinStreet by 8.5% in the second quarter. Harbor Capital Advisors Inc. now owns 15,184 shares of the technology company’s stock worth $244,000 after purchasing an additional 1,189 shares in the last quarter. Illinois Municipal Retirement Fund increased its position in QuinStreet by 4.1% during the first quarter. Illinois Municipal Retirement Fund now owns 31,717 shares of the technology company’s stock worth $566,000 after buying an additional 1,247 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in QuinStreet by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,983 shares of the technology company’s stock valued at $571,000 after buying an additional 1,381 shares in the last quarter. Finally, Summit Securities Group LLC bought a new position in QuinStreet during the first quarter valued at about $25,000. 97.83% of the stock is currently owned by institutional investors.

QuinStreet Company Profile

QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.