Quantum (NASDAQ:QMCO – Get Free Report) is expected to release its Q2 2027 results after the market closes on Monday, November 9th. Analysts expect Quantum to announce earnings of $0.13 per share and revenue of $82.30 million for the quarter. Quantum has set its Q2 2027 guidance at 0.020-0.220 EPS. Individuals can find conference call details on the company’s upcoming Q2 2027 earnings summary page for the latest details on the call scheduled for Monday, November 9, 2026 at 5:00 PM ET.
Quantum (NASDAQ:QMCO – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.35. The firm had revenue of $80.80 million during the quarter, compared to the consensus estimate of $75.05 million. On average, analysts expect Quantum to post $0.31 EPS for the current fiscal year and $0.86 EPS for the next fiscal year.
Quantum Stock Performance
Shares of NASDAQ:QMCO traded down $0.17 during midday trading on Monday, reaching $18.10. 140,666 shares of the company’s stock were exchanged, compared to its average volume of 1,118,087. Quantum has a 12 month low of $4.19 and a 12 month high of $35.65. The firm has a market capitalization of $713.36 million, a PE ratio of -1.36 and a beta of 3.23. The company’s 50 day simple moving average is $24.73 and its two-hundred day simple moving average is $13.09.
Analysts Set New Price Targets
QMCO has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Quantum from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Litchfield Hills Research began coverage on shares of Quantum in a report on Monday, August 10th. They set a “buy” rating for the company. Cantor Fitzgerald initiated coverage on shares of Quantum in a research report on Friday, October 23rd. They issued an “overweight” rating and a $29.00 price target on the stock. Northland Securities raised shares of Quantum from a “market perform” rating to an “outperform” rating and set a $24.00 price objective on the stock in a research note on Tuesday, August 11th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Quantum in a report on Monday, September 21st. Five equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.33.
Check Out Our Latest Analysis on QMCO
Quantum Company Profile
Quantum Corporation (NASDAQ: QMCO) provides data storage, management and protection solutions for organizations that generate and retain large volumes of unstructured data. Its offerings are designed to help customers store, protect, archive and access information across on-premises, cloud and hybrid environments.
The company’s product portfolio has included Scalar tape libraries and LTO tape storage products, DXi deduplication and backup appliances, and software-defined storage solutions such as ActiveScale object storage.
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