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NASDAQ:QMCO

Quantum (QMCO) Stock Price, News & Analysis

$0.41
+0.00 (+0.02%)
(As of 10:24 AM ET)
Today's Range
$0.40
$0.42
50-Day Range
$0.40
$0.72
52-Week Range
$0.24
$1.32
Volume
23,259 shs
Average Volume
455,837 shs
Market Capitalization
$38.98 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.43

Quantum MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
249.6% Upside
$1.43 Price Target
Short Interest
Healthy
0.26% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.21mentions of Quantum in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.17) to ($0.07) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.41 out of 5 stars

Computer And Technology Sector

369th out of 583 stocks

Computer Storage Devices Industry

5th out of 5 stocks

QMCO stock logo

About Quantum Stock (NASDAQ:QMCO)

Quantum Corporation provides products for storing and managing digital video and unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Myriad All-Flash File and Object Storage Software for high performance enterprise unstructured data applications such as AI, machine learning, and data analytics; Unified Surveillance Platform Software that unified compute and storage for video surveillance recording, storage, and analytics; StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration. It also provides ActiveScale Object Storage Software that scalable and durable storage for long term data preservation and protection; DXi Backup Appliances to build backup appliances for high-speed backup and recovery and multisite data protection; and Scalar Tape Storage that secure storage for long term data archiving and offline data protection which are used by hyperscalers and enterprises. In addition, the company sells linear tape-open (LTO) a tape drives for small business data protection and archiving; and LTO media for use in tape storage systems. Further, it offers global support, managed services, customer support agreements, software subscriptions, installation, education, and consulting and training services, as well as Quantum-as-a-Service. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. It has a partnership with Tiger Surveillance to deliver end-to-end solutions for long-term retention and archiving of video surveillance data. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.

QMCO Stock Price History

QMCO Stock News Headlines

Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Quantum Provides Additional Business Updates
Could Bitcoin Literally FORCE This Crypto To Rocket Up?
Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…
Quantum Provides Business Update
QMCO Aug 2024 5.000 call
Miner First Quantum swings to fourth-quarter loss
QMCO Mar 2024 2.500 call
Lake Street Reaffirms Their Hold Rating on Quantum (QMCO)
Why Is Quantum (QMCO) Stock Down 5% Today?
Why Is Quantum (QMCO) Stock Down 5% Today?
Why Is D-Wave Quantum (QBTS) Stock Up 20% Today?
Quantum Corp.
See More Headlines
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Company Calendar

Last Earnings
6/06/2023
Today
4/18/2024
Next Earnings (Estimated)
6/04/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Computer storage devices
Sub-Industry
N/A
Current Symbol
NASDAQ:QMCO
Employees
850
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.43
High Stock Price Target
$2.00
Low Stock Price Target
$0.80
Potential Upside/Downside
+249.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$407.47 million
Book Value
($0.83) per share

Miscellaneous

Free Float
91,620,000
Market Cap
$38.97 million
Optionable
Optionable
Beta
2.55
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Key Executives

  • Mr. James J. LernerMr. James J. Lerner (Age 54)
    Chairman, President & CEO
    Comp: $682.31k
  • Mr. Kenneth P. Gianella (Age 51)
    Chief Financial Officer
    Comp: $362.96k
  • Mr. Brian E. Cabrera (Age 59)
    Senior VP, Chief Legal & Administrative Officer and Secretary
    Comp: $399.35k
  • Mr. Eric Isom
    Vice President of Supply Chain & Operations
  • Ms. Laura A. Nash
    Chief Accounting Officer
  • Mr. Willem Dirven
    Chief Information Officer
  • Ms. Natasha Beckley
    Chief Marketing Officer
  • Mr. Jeff Mulder
    Senior Vice President of Product & Engineering
  • Mr. Ross Fujii
    Chief Customer Officer
  • Mr. Henk Jan Spanjaard
    Chief Revenue Officer

QMCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Quantum stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Quantum in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" QMCO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in QMCO, but not buy additional shares or sell existing shares.
View QMCO analyst ratings
or view top-rated stocks.

What is Quantum's stock price target for 2024?

3 Wall Street analysts have issued 12 month price targets for Quantum's shares. Their QMCO share price targets range from $0.80 to $2.00. On average, they expect the company's stock price to reach $1.43 in the next year. This suggests a possible upside of 249.6% from the stock's current price.
View analysts price targets for QMCO
or view top-rated stocks among Wall Street analysts.

How have QMCO shares performed in 2024?

Quantum's stock was trading at $0.3490 at the beginning of 2024. Since then, QMCO stock has increased by 17.5% and is now trading at $0.41.
View the best growth stocks for 2024 here
.

Are investors shorting Quantum?

Quantum saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 249,700 shares, a decrease of 39.0% from the March 15th total of 409,300 shares. Based on an average trading volume of 495,600 shares, the days-to-cover ratio is presently 0.5 days.
View Quantum's Short Interest
.

When is Quantum's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024.
View our QMCO earnings forecast
.

How were Quantum's earnings last quarter?

Quantum Co. (NASDAQ:QMCO) released its quarterly earnings results on Tuesday, June, 6th. The company reported ($0.04) earnings per share for the quarter, meeting the consensus estimate of ($0.04). The company earned $105.34 million during the quarter, compared to the consensus estimate of $102.03 million. During the same period in the previous year, the firm earned ($0.09) earnings per share.

How do I buy shares of Quantum?

Shares of QMCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:QMCO) was last updated on 4/18/2024 by MarketBeat.com Staff

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