Quantum Corporation (QMCO)
NASDAQ: QMCO · IEX Real-Time Price · USD
0.425
+0.012 (2.98%)
At close: Apr 25, 2024, 4:00 PM
0.435
+0.010 (2.28%)
After-hours: Apr 25, 2024, 7:46 PM EDT
Quantum Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Quantum stock have an average target of 1.40, with a low estimate of 0.80 and a high estimate of 2.00. The average target predicts an increase of 229.18% from the current stock price of 0.43.
Analyst Consensus: Buy
* Price targets were last updated on Aug 9, 2023.
Analyst Ratings
The average analyst rating for Quantum stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Apr 17, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy → Hold Downgrades $2.25 → $0.8 | Buy → Hold | Downgrades | $2.25 → $0.8 | +88.10% | Aug 9, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $3 → $2 | Strong Buy | Maintains | $3 → $2 | +370.26% | Jun 7, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $6 → $2.25 | Buy | Maintains | $6 → $2.25 | +429.04% | Jun 7, 2023 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $7 → $6 | Buy | Maintains | $7 → $6 | +1,310.77% | Jun 9, 2022 |
Financial Forecast
Revenue This Year
363.96M
from 412.75M
Decreased by -11.82%
Revenue Next Year
381.04M
from 363.96M
Increased by 4.69%
EPS This Year
-0.07
from -0.42
EPS Next Year
0.06
from -0.07
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 378.6M | 416.2M |
| Avg | 364.0M | 381.0M |
| Low | 343.0M | 347.1M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | -8.3% | 14.3% |
| Avg | -11.8% | 4.7% |
| Low | -16.9% | -4.6% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -0.05 | 0.15 |
| Avg | -0.07 | 0.06 |
| Low | -0.11 | -0.04 |
EPS Growth
| EPS Growth | 2023 | 2024 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.