Quantum Corporation (QMCO)

NASDAQ: QMCO · Real-Time Price · USD
32.60
-5.97 (-15.48%)
At close: Jan 17, 2025, 4:00 PM
33.30
+0.70 (2.15%)
After-hours: Jan 17, 2025, 7:59 PM EST
-15.48%
Market Cap 158.06M
Revenue (ttm) 285.24M
Net Income (ttm) -63.16M
Shares Out 4.85M
EPS (ttm) -13.18
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,563,668
Open 35.57
Previous Close 38.57
Day's Range 32.28 - 37.10
52-Week Range 2.22 - 90.64
Beta 3.08
Analysts Hold
Price Target 5.00 (-84.66%)
Earnings Date Jan 31, 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 2 analysts, the average rating for QMCO stock is "Hold." The 12-month stock price forecast is $5.0, which is a decrease of -84.66% from the latest price.

Price Target
$5.0
(-84.66% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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...

12 days 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
24 days 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...

4 weeks 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.

4 weeks 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
4 weeks 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...

6 weeks 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...

7 weeks 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...

2 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.

2 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...

2 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...

2 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...

2 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...

4 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...

5 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...

5 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...

5 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...

6 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 ...

7 months ago - Seeking Alpha

Quantum Reports Fiscal Full Year 2024 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...

7 months ago - Business Wire

Quantum to Release Fiscal Year 2024 Financial Results on Monday, June 17

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, announced today it wil...

7 months ago - Business Wire

Quantum Announces Timing for the Reporting of Financial Results and other Business Matters

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 result...

8 months ago - Business Wire

Quantum Provides Updated Plan to Nasdaq

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today provided an update related to the Company'...

9 months ago - Business Wire

Quantum GO Now Available to Provide a Subscription Model to Meet Customers' Growing Data Management Needs and Budgetary Objectives

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announced the availability of Quantum GO™, a ...

9 months ago - Business Wire

Quantum Announces Expanded Global Partnership Model to Grow Presence in Asia-Pacific Markets

SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO), the pioneer in end-to-end data management solutions designed for the AI era, today announced the expansion of its global partner...

9 months ago - Business Wire