QuinStreet (NASDAQ:QNST) Stock Rating Upgraded by Wall Street Zen

QuinStreet (NASDAQ:QNST) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Friday.

Other equities research analysts have also recently issued reports about the stock. Lake Street Capital reduced their price target on shares of QuinStreet from $19.00 to $18.00 and set a “hold” rating for the company in a report on Friday, August 8th. B. Riley reduced their price target on shares of QuinStreet from $28.00 to $25.00 and set a “buy” rating for the company in a report on Friday, August 8th. Finally, Barrington Research restated an “outperform” rating and issued a $29.00 price target on shares of QuinStreet in a report on Friday, August 8th. Four 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, QuinStreet presently has a consensus rating of “Moderate Buy” and an average target price of $27.00.

QuinStreet Stock Down 0.4%

Shares of NASDAQ QNST opened at $16.17 on Friday. QuinStreet has a twelve month low of $14.27 and a twelve month high of $26.27. The firm has a fifty day simple moving average of $15.89 and a 200 day simple moving average of $16.15. The company has a market capitalization of $928.90 million, a PE ratio of 179.67 and a beta of 0.68.

QuinStreet (NASDAQ:QNST) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates 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%.The company’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.11 earnings per share. QuinStreet has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, equities analysts expect that QuinStreet will post 0.12 earnings per share for the current fiscal year.

Institutional Investors Weigh In On QuinStreet

Several hedge funds and other institutional investors have recently made changes to their positions in QNST. Lord Abbett & CO. LLC purchased a new position in QuinStreet during the first quarter worth about $9,152,000. Millennium Management LLC boosted its holdings in QuinStreet by 213.3% during the first quarter. Millennium Management LLC now owns 714,482 shares of the technology company’s stock worth $12,746,000 after purchasing an additional 486,406 shares during the last quarter. Driehaus Capital Management LLC boosted its holdings in QuinStreet by 13.6% during the first quarter. Driehaus Capital Management LLC now owns 3,165,649 shares of the technology company’s stock worth $56,475,000 after purchasing an additional 377,954 shares during the last quarter. Cubist Systematic Strategies LLC boosted its holdings in QuinStreet by 190.4% during the second quarter. Cubist Systematic Strategies LLC now owns 525,775 shares of the technology company’s stock worth $8,465,000 after purchasing an additional 344,714 shares during the last quarter. Finally, Nuveen LLC purchased a new position in QuinStreet during the first quarter worth about $5,216,000. 97.83% of the stock is 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.