Quantum Corporation (QMCO)

NASDAQ: QMCO · Real-Time Price · USD
16.23
-0.99 (-5.75%)
At close: Mar 25, 2025, 4:00 PM
16.32
+0.09 (0.55%)
Pre-market: Mar 26, 2025, 7:33 AM EST
-5.75%
Market Cap 94.69M
Revenue (ttm) 285.87M
Net Income (ttm) -124.72M
Shares Out 5.83M
EPS (ttm) -25.77
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 903,811
Open 17.46
Previous Close 17.22
Day's Range 15.93 - 17.64
52-Week Range 2.22 - 90.64
Beta 3.08
Analysts Hold
Price Target 19.00 (+17.07%)
Earnings Date Feb 12, 2025

About 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,... [Read more]

Sector Technology
Founded 1980
Employees 770
Stock Exchange NASDAQ
Ticker Symbol QMCO
Full Company Profile

Financial Performance

In 2023, Quantum's revenue was $311.60 million, a decrease of -26.17% compared to the previous year's $422.08 million. Losses were -$41.29 million, 124.8% more than in 2022.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for QMCO stock is "Hold." The 12-month stock price forecast is $19.0, which is an increase of 17.07% from the latest price.

Price Target
$19.0
(17.07% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Quantum computing, AI stocks rise as Nvidia kicks off annual conference

Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its an...

8 days ago - Reuters

Quantum Launches GO Refresh for DXi T-Series: A Simple, Subscription-Based Model for Scalable Data Protection and Unmatched Cyber Resilience

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO) today announced the availability of Quantum GO Refresh™ for the DXi T-Series®, a program that provides flexible payment options a...

13 days ago - Business Wire

Quantum Corporation: Improved Results, But Still Not A Quantum Computing Play - Sell

Debt-laden data storage solutions provider Quantum Corporation reported sequentially improved Q3/FY2025 results largely in line with expectations. Increased contributions from new higher-margin produc...

5 weeks ago - Seeking Alpha

Quantum Corporation (QMCO) Q3 2025 Earnings Call Transcript

Quantum Corporation (NASDAQ:QMCO) Q3 2025 Earnings Call February 12, 2025 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer Jamie Lerner - Chairman and Chief Executive Offi...

5 weeks ago - Seeking Alpha

Quantum Reports Fiscal Third Quarter 2025 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal...

5 weeks ago - Business Wire

Quantum to Release Fiscal Third Quarter 2025 Financial Results on Wednesday, February 12, 2025

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced it will release financial resul...

7 weeks ago - Business Wire

Quantum Announces the Next Steps of its Debt Reduction Initiative

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced of its entry into a Standby Equ...

2 months ago - Business Wire

Quantum Provides Clarification Regarding Recent Shareholder Transactions

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced the Company's senior lenders rec...

2 months ago - Business Wire

RGTI, QSI, QMCO, IONQ stocks are surging: time to short them?

Quantum computing stocks have gone parabolic this month as investors pile into this sector, comparing it to the artificial intelligence industry.  Rigetti Computing (RGTI) stock has soared by over 542...

Other symbols: IONQQSIRGTI
3 months ago - Invezz

Quantum: An AI Stock Making LLM Training Cheaper

Quantum Corporation's stock has significant upside potential due to its innovative data management solutions, aiding GenAI firms in reducing training costs and time for LLMs. Quantum's diverse product...

3 months ago - Seeking Alpha

Quantum Announces Support for NVIDIA GPUDirect Storage with Myriad All-Flash File System

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum today announced support for NVIDIA GPUDirect Storage with the Quantum Myriad All-Flash File System.

3 months ago - Business Wire

Quantum Stocks Leap

Alphabet has continued to surge higher since last week following news about its Willow quantum computing chip. The stock's recent jump higher has taken it back to new all-time highs. Since the Willow ...

Other symbols: IONQQTUMQUBTRGTI
3 months ago - Seeking Alpha

Quantum Scalar i7 RAPTOR Now Available

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO) today announced the availability of the Scalar® i7 RAPTOR, the latest advancement in tape storage technology tailored to support g...

3 months ago - Business Wire

Overlooked Stock: QMCO

Quantum Corp. (QMCO) shares hit multiple upside circuit breakers, following intense interest in the stock. Shares of QMCO doubled in Monday's session after Amazon (AMZN) announced plans to bolster AWS...

4 months ago - Schwab Network

Why has Quantum stock quadrupled in recent days?

Quantum Corporation (NASDAQ: QMCO) is extending its rally today as investors continue to cheer a new hybrid data protection appliance the company announced last week. The DXi9200 aims at addressing th...

4 months ago - Invezz

Quantum Announces Next Generation of DXi9000 Series for Greater Cyber Resilience Across the Edge, the Core, and the Cloud

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum's DXi9200 hybrid backup appliance solution efficiently helps customers prepare, protect, and recover from cyberattacks.

4 months ago - Business Wire

Quantum Corporation (QMCO) Q2 2025 Earnings Call Transcript

Quantum Corporation (NASDAQ:QMCO) Q2 2025 Earnings Conference Call November 13, 2024 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer Jamie Lerner - Chairman and Chief Exe...

4 months ago - Seeking Alpha

Quantum Reports Fiscal Second Quarter 2025 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal...

4 months ago - Business Wire

Quantum to Release Fiscal Second Quarter 2025 Financial Results on Wednesday, November 13, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO) ("Quantum" or the "Company"), the pioneer in end-to-end data management solutions designed for the AI era, today announced it wil...

5 months ago - Business Wire

Quantum® Unveils Enhanced Partner Portal and Program, Receives Channel Recognition from CRN

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, demonstrates its commitment to the channel through a...

6 months ago - Business Wire

Quantum Announces Reverse Stock Split

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced it will implement a 1-for-20 reverse s...

7 months ago - Business Wire

Quantum Corporation (QMCO) Q1 2025 Earnings Call Transcript

Quantum Corporation (NASDAQ:QMCO) Q1 2025 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Brian Cabrera – Chief Administrative Officer Jamie Lerner – Chairman and Chief Execu...

8 months ago - Seeking Alpha

Quantum Reports Fiscal First Quarter 2025 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today financial results for its fiscal...

8 months ago - Business Wire

Quantum to Release Fiscal First Quarter 2025 Financial Results on Tuesday, August 13, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, announced today it will release financial resul...

8 months ago - Business Wire

Quantum Corporation (QMCO) Q4 2024 Earnings Call Transcript

Quantum Corporation (NASDAQ:QMCO) Q4 2024 Earnings Conference Call June 17, 2024 5:00 PM ET Company Participants Brian Cabrera - Chief Administrative Officer James Lerner - Chairman, President & CEO ...

10 months ago - Seeking Alpha