Q4 EPS Estimates for Quantum Lowered by Northland Securities

Quantum Corporation (NASDAQ:QMCO) – Stock analysts at Northland Securities lowered their Q4 2026 earnings per share (EPS) estimates for shares of Quantum in a research note issued to investors on Wednesday, February 18th. Northland Securities analyst N. Chokshi now forecasts that the company will post earnings per share of ($0.37) for the quarter, down from their previous estimate of ($0.34). Northland Securities currently has a “Outperform” rating and a $13.00 target price on the stock. The consensus estimate for Quantum’s current full-year earnings is ($5.50) per share. Northland Securities also issued estimates for Quantum’s Q1 2027 earnings at ($0.24) EPS and FY2027 earnings at ($0.33) EPS.

QMCO has been the subject of several other reports. Wall Street Zen raised shares of Quantum from a “sell” rating to a “hold” rating in a research note on Saturday. Lake Street Capital set a $7.00 price objective on Quantum in a research report on Wednesday. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Quantum in a report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $13.33.

Quantum Trading Down 3.6%

Shares of NASDAQ QMCO opened at $5.36 on Monday. Quantum has a twelve month low of $4.89 and a twelve month high of $24.40. The firm has a 50-day moving average of $6.82 and a two-hundred day moving average of $8.13. The company has a market capitalization of $78.47 million, a price-to-earnings ratio of -1.76 and a beta of 2.66.

Quantum (NASDAQ:QMCO) last announced its earnings results on Tuesday, February 17th. The company reported ($0.36) earnings per share for the quarter, beating the consensus estimate of ($0.45) by $0.09. The firm had revenue of $74.59 million for the quarter, compared to the consensus estimate of $66.36 million. Quantum has set its Q4 2026 guidance at -0.430–0.230 EPS.

Institutional Investors Weigh In On Quantum

Several hedge funds have recently bought and sold shares of QMCO. Vanguard Group Inc. grew its stake in Quantum by 18.3% during the 3rd 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 in the last quarter. Marshall Wace LLP acquired a new stake in shares of Quantum in the 2nd quarter valued at $1,775,000. UBS Group AG boosted its stake 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 acquiring an additional 102,384 shares in the last quarter. Geode Capital Management LLC grew its holdings in Quantum by 97.5% during the fourth quarter. Geode Capital Management LLC now owns 156,871 shares of the company’s stock valued at $1,012,000 after purchasing an additional 77,444 shares during the last quarter. Finally, State Street Corp raised its holdings in Quantum by 231.7% in the 4th quarter. State Street Corp now owns 90,714 shares of the company’s stock worth $585,000 after acquiring an additional 63,367 shares during the period. 63.66% of the stock is owned by hedge funds and other institutional investors.

About Quantum

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.