Quantum (QMCO) Expected to Announce Quarterly Earnings on Wednesday

Quantum (NASDAQ:QMCO) is expected to release its Q3 2026 results before the market opens on Wednesday, February 11th. Analysts expect Quantum to post earnings of ($0.45) per share and revenue of $66.3640 million for the quarter. Quantum has set its Q3 2026 guidance at -0.610–0.410 EPS. Individuals may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Wednesday, February 11, 2026 at 5:00 PM ET.

Quantum (NASDAQ:QMCO) last issued its earnings results on Thursday, November 13th. The company reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($0.29). The business had revenue of $62.72 million for the quarter, compared to the consensus estimate of $65.88 million. On average, analysts expect Quantum to post $-6 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Quantum Stock Down 0.3%

Shares of QMCO stock opened at $6.24 on Wednesday. Quantum has a 52 week low of $6.03 and a 52 week high of $25.46. The business has a 50 day moving average of $7.53 and a two-hundred day moving average of $8.38. The company has a market cap of $85.61 million, a P/E ratio of -2.05 and a beta of 2.66.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Quantum in a research note on Monday, December 29th. Northland Securities upgraded Quantum from a “market perform” rating to an “outperform” rating and set a $13.00 target price on the stock in a report on Friday, November 14th. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Quantum currently has a consensus rating of “Moderate Buy” and an average target price of $16.50.

Institutional Trading of Quantum

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of Quantum by 337.5% during the 3rd quarter. Bank of America Corp DE now owns 2,896 shares of the company’s stock valued at $29,000 after purchasing an additional 2,234 shares in the last quarter. BNP Paribas Financial Markets increased its position in Quantum by 322.1% during the third quarter. BNP Paribas Financial Markets now owns 3,461 shares of the company’s stock worth $34,000 after buying an additional 2,641 shares during the last quarter. Raymond James Financial Inc. bought a new position in Quantum during the second quarter valued at about $46,000. Geode Capital Management LLC raised its holdings in Quantum by 9.1% during the second quarter. Geode Capital Management LLC now owns 69,384 shares of the company’s stock valued at $692,000 after buying an additional 5,806 shares in the last quarter. Finally, UBS Group AG lifted its position in shares of Quantum by 170.0% in the third quarter. UBS Group AG now owns 162,605 shares of the company’s stock worth $1,613,000 after buying an additional 102,384 shares during the last quarter. 63.66% of the stock is owned by institutional investors.

Quantum Company Profile

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.