Quantum (QMCO) Expected to Announce Quarterly Earnings on Wednesday

Quantum (NASDAQ:QMCO) is expected to post 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 can check the company’s upcoming Q3 2026 earning summary page for the latest details on the call scheduled for Wednesday, February 11, 2026 at 5:00 PM ET.

Quantum (NASDAQ:QMCO) last issued its quarterly earnings data 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 firm had revenue of $62.72 million for the quarter, compared to analyst estimates 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 Trading Down 0.3%

NASDAQ QMCO opened at $6.24 on Wednesday. Quantum has a 1 year low of $6.03 and a 1 year high of $25.46. The company has a fifty day simple moving average of $7.53 and a 200 day simple 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.

Institutional Investors Weigh In On Quantum

Several hedge funds have recently made changes to their positions in QMCO. Vanguard Group Inc. increased its stake in Quantum by 18.3% during the third quarter. Vanguard Group Inc. now owns 303,597 shares of the company’s stock valued at $3,012,000 after acquiring an additional 46,919 shares during the period. Marshall Wace LLP acquired a new stake in shares of Quantum during the 2nd quarter worth approximately $1,775,000. UBS Group AG grew its holdings in shares of Quantum by 170.0% during the 3rd quarter. UBS Group AG now owns 162,605 shares of the company’s stock worth $1,613,000 after purchasing an additional 102,384 shares in the last quarter. Geode Capital Management LLC increased its position in shares of 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 purchasing an additional 5,806 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Quantum in the second quarter valued at $46,000. Institutional investors own 63.66% of the company’s stock.

Wall Street Analyst Weigh In

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

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.