QMCO icon

Quantum Corp

15.16 USD
-1.24
7.56%
At close Feb 21, 4:00 PM EST
After hours
15.01
-0.15
0.99%
1 day
-7.56%
5 days
-20.42%
1 month
-59.25%
3 months
277.11%
6 months
244.55%
Year to date
-72.14%
1 year
80.26%
5 years
-86.37%
10 years
-94.39%
 

About: Quantum Corp is a United States-based company that delivers end-to-end data management solutions designed for unstructured data. The company provides solutions for the entire data lifecycle. The company specialize in solutions for video, images, audio, and other large files. The company's portfolio of products includes primary storage software and systems, secondary storage software and systems, as well as devices and media. The company's Primary Storage Software and Systems include Myriad All-Flash Software-Defined Storage, StorNext Hybrid Flash/Disk File Storage Software, and Unified Surveillance Platform Software. Secondary Storage Software and Systems include ActiveScale Object Storage Software and DXi Backup Appliances. The firm derives the majority of its revenue from United States.

Employees: 770

0
Funds holding %
of 7,139 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

1,090% more capital invested

Capital invested by funds: $7.96M [Q3] → $94.7M (+$86.7M) [Q4]

271% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 7

135% more call options, than puts

Call options by funds: $1.33M | Put options by funds: $566K

73% more funds holding

Funds holding: 26 [Q3] → 45 (+19) [Q4]

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

10.42% less ownership

Funds ownership: 47.48% [Q3] → 37.07% (-10.42%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$18
19%
upside
Avg. target
$19
25%
upside
High target
$20
32%
upside

2 analyst ratings

positive
0%
neutral
100%
negative
0%
Northland Capital Markets
Nehal Chokshi
36% 1-year accuracy
5 / 14 met price target
19%upside
$18
Market Perform
Maintained
30 Jan 2025
Lake Street
Eric Martinuzzi
50% 1-year accuracy
13 / 26 met price target
32%upside
$20
Hold
Maintained
29 Jan 2025

Financial journalist opinion

Based on 10 articles about QMCO published over the past 30 days

Neutral
Seeking Alpha
1 week ago
Quantum Corporation: Improved Results, But Still Not A Quantum Computing Play - Sell
Debt-laden data storage solutions provider Quantum Corporation reported sequentially improved Q3/FY2025 results largely in line with expectations. Increased contributions from new higher-margin products and recent cost savings initiatives resulted in improved Adjusted EBITDA of $4.7 million. However, free cash flow remained negative. The company plans to address persistent debt issues by selling up to $200 million in new common shares at discounted prices to a fund managed by Yorkshire Advisors.
Quantum Corporation: Improved Results, But Still Not A Quantum Computing Play - Sell
Positive
Zacks Investment Research
1 week ago
Quantum's Q3 Loss Wider Than Expected, Revenues Increase Y/Y
QMCO Q3 revenues beat expectations while earnings miss. Top and bottom lines improve year over year, driven by its business transformation and efficiency efforts.
Quantum's Q3 Loss Wider Than Expected, Revenues Increase Y/Y
Neutral
Seeking Alpha
1 week ago
Quantum Corporation (QMCO) Q3 2025 Earnings Call Transcript
Quantum Corporation (NASDAQ:QMCO ) Q3 2025 Earnings Call February 12, 2025 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer Jamie Lerner - Chairman and Chief Executive Officer Ken Gianella - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Nehal Chokshi - Northland Capital Markets Operator Greetings and welcome to the Quantum Corporation Fiscal Third Quarter 2025 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded.
Quantum Corporation (QMCO) Q3 2025 Earnings Call Transcript
Neutral
Business Wire
1 week ago
Quantum Reports Fiscal Third Quarter 2025 Financial Results
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal third quarter 2025 ended December 31, 2024. Fiscal Third Quarter 2025 Financial Summary Revenue increased to $72.6 million Subscription ARR was up 29% year-over-year at $21.3 million GAAP gross profit increased to $31.8 million, or gross margin of 43.8% GAAP net loss was $71.4 million, or ($14.56).
Quantum Reports Fiscal Third Quarter 2025 Financial Results
Positive
Zacks Investment Research
1 week ago
Here's How to Play Quantum Stock Before Q3 Earnings Release
QMCO's focus on driving growth through innovative products, operational efficiency, and a subscription-based selling bodes well.
Here's How to Play Quantum Stock Before Q3 Earnings Release
Positive
Zacks Investment Research
2 weeks ago
Down -52.89% in 4 Weeks, Here's Why Quantum Corp. (QMCO) Looks Ripe for a Turnaround
Quantum Corp. (QMCO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Down -52.89% in 4 Weeks, Here's Why Quantum Corp. (QMCO) Looks Ripe for a Turnaround
Neutral
Business Wire
2 weeks ago
Quantum to Release Fiscal Third Quarter 2025 Financial Results on Wednesday, February 12, 2025
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced it will release financial results for its fiscal third quarter 2025 on Wednesday, February 12, 2025, after the markets close. Jamie Lerner, Chairman and Chief Executive Officer, and Kenneth Gianella, Chief Financial Officer and Chief Operating Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time.
Quantum to Release Fiscal Third Quarter 2025 Financial Results on Wednesday, February 12, 2025
Positive
Zacks Investment Research
3 weeks ago
Quantum Unveils Scalability Upgrades for Myriad All-Flash File System
QMCO's Myriad all-flash file system boasts in-place scaling & automatic data leveling, boosting flexibility and adaptability to meet AI-era storage demands.
Quantum Unveils Scalability Upgrades for Myriad All-Flash File System
Neutral
Zacks Investment Research
3 weeks ago
QMCO Stock Skyrockets 458% in 3 Months: Will the Uptrend Continue?
Quantum's Myriad and ActiveScale see strong demand, but a slowdown in the Product segment, supply chain issues and high debt burden raise concerns.
QMCO Stock Skyrockets 458% in 3 Months: Will the Uptrend Continue?
Neutral
Business Wire
3 weeks ago
Quantum Announces the Next Steps of its Debt Reduction Initiative
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced of its entry into a Standby Equity Purchase Agreement (the “SEPA”) an investment fund managed by Yorkville Advisors Global, LP (“Yorkville”). Transaction Summary: Access to additional equity capital and liquidity with discount fees of 3% and 4% Limited initially to 1.15 million shares, remainder requires shareholder approval Thr.
Quantum Announces the Next Steps of its Debt Reduction Initiative
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