Q1 EPS Estimates for Quantum Lifted by Northland Securities

Posted by Stanley Muller on Jul 3rd, 2026

Quantum Corporation (NASDAQ:QMCO – Free Report) – Stock analysts at Northland Securities upped their Q1 2027 earnings estimates for shares of Quantum in a note issued to investors on Friday, June 26th. Northland Securities analyst N. Chokshi now anticipates that the company will post earnings of ($0.20) per share for the quarter, up from their prior forecast of ($0.24). Northland Securities currently has a “Market Perform” rating and a $13.00 price target on the stock. The consensus estimate for Quantum’s current full-year earnings is ($0.33) per share. Northland Securities also issued estimates for Quantum’s Q2 2027 earnings at ($0.07) EPS, Q3 2027 earnings at $0.00 EPS, Q4 2027 earnings at ($0.05) EPS, FY2027 earnings at ($0.28) EPS, Q1 2028 earnings at $0.02 EPS, Q2 2028 earnings at $0.05 EPS, Q3 2028 earnings at $0.10 EPS, Q4 2028 earnings at $0.03 EPS and FY2028 earnings at $0.19 EPS.

Several other research analysts have also recently issued reports on the company. Lake Street Capital reaffirmed a “buy” rating on shares of Quantum in a report on Friday, June 26th. Weiss Ratings reissued a “sell (d-)” rating on shares of Quantum in a research note on Wednesday, June 24th. Finally, Needham & Company LLC started coverage on Quantum in a report on Wednesday, June 3rd. They issued a “buy” rating on the stock. Two equities research 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $17.67.

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Quantum Stock Performance

Shares of NASDAQ:QMCO opened at $10.16 on Friday. The stock has a market capitalization of $148.72 million, a price-to-earnings ratio of -1.26 and a beta of 2.95. Quantum has a 1-year low of $4.19 and a 1-year high of $18.48. The company has a 50 day moving average price of $10.71 and a 200 day moving average price of $7.84.

Institutional Investors Weigh In On Quantum

Several hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC boosted 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 worth $692,000 after purchasing an additional 5,806 shares during the period. Marshall Wace LLP acquired a new stake in Quantum during the 2nd quarter valued at $1,775,000. Vanguard Group Inc. lifted its holdings 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 purchasing an additional 46,919 shares in the last quarter. UBS Group AG lifted its holdings in shares of Quantum by 170.0% in the third quarter. UBS Group AG now owns 162,605 shares of the company’s stock valued at $1,613,000 after purchasing an additional 102,384 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Quantum by 231.7% in the fourth 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. Hedge funds and other institutional investors own 63.66% of the company’s stock.

Key Headlines Impacting Quantum

Here are the key news stories impacting Quantum this week:

Positive Sentiment: Northland raised its FY2027 EPS estimate for Quantum to ($0.28) from ($0.33), suggesting some improvement in profitability expectations. Quantum Corporation stock page
Positive Sentiment: The firm also lifted its FY2028 EPS estimate to $0.19, implying a path toward sustained profitability over time. Quantum Corporation stock page
Positive Sentiment: Northland improved its Q1 2027 and Q2 2027 estimates, showing some near-term sequential progress in earnings expectations. Quantum Corporation stock page
Neutral Sentiment: Northland reiterated its Market Perform stance and $13 target, indicating the stock remains viewed as fairly valued for now. Quantum Corporation stock page
Negative Sentiment: Northland lowered its Q3 2027 estimate to $0.00 from $0.10, signaling weaker expected momentum later in fiscal 2027. Quantum Corporation stock page
Negative Sentiment: The firm also trimmed its Q4 2027 estimate to ($0.05) from ($0.04), reinforcing concerns that Quantum may remain unprofitable in the near term. Quantum Corporation stock page

Quantum Company Profile

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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.