Quantum Corporation (QMCO)
Market Cap | 55.60M |
Revenue (ttm) | 285.87M |
Net Income (ttm) | -124.72M |
Shares Out | 6.95M |
EPS (ttm) | -25.77 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 675,637 |
Open | 7.35 |
Previous Close | 7.43 |
Day's Range | 7.27 - 8.00 |
52-Week Range | 2.22 - 90.64 |
Beta | 2.69 |
Analysts | Hold |
Price Target | 19.00 (+137.5%) |
Earnings Date | Aug 22, 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]
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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for QMCO stock is "Hold." The 12-month stock price target is $19.0, which is an increase of 137.50% from the latest price.
News

Quantum Expands Distribution Network Across China, India, and the ASEAN Region to Accelerate Growth and Enhance Customer Experience in High-Growth, Data-Driven Markets
CENTENNIAL, Colo.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) today announced the strategic expansion of its distribution model across the high-growth technology markets of China, India, and ...

ASI Solutions Launches InfiniStor: Revolutionary Cloud Storage for New Zealand, Powered by Quantum ActiveScale
CENTENNIAL, Colo.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) today announced that ASI Solutions, a premier IT services provider in Australia and New Zealand, has launched ASI Cloud InfiniSto...

Quantum Announces Receipt of Nasdaq Notice Regarding Delayed Form 10-K Filing
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) announced today that it received a notice (the “Notice”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“Na...

Quantum Unveils Industry's First 1U Backup Appliance with 480 TB All-Flash Capacity to Drive Enterprise Data Resilience
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum today announced the DXi T-10-240 and DXi T-10-480, the industry's first 1U high-performance deduplication appliances.

Quantum Delays Form 10-K Filing for Fiscal Year Ended March 31, 2025
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO), today announced that it has filed a Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for...

Quantum to Release Fiscal Fourth Quarter and Full Year 2025 Financial Results on Monday, June 30, 2025
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum® Corporation (NASDAQ: QMCO) ("Quantum" or the "Company") today announced it will release financial results for its fiscal fourth quarter and full year 2025 o...

Quantum Announces Leadership Changes
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced leadership changes supporting it...

Quantum Redefines Professional Services Portfolio to Offer Maximum Flexibility, Align with Customer Needs at Any Stage of the Data Lifecycle
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum today announced an update to its Professional Services portfolio, redefining its offerings to meet customers' needs across the data lifecycle.

Canal 13 Builds Integrated Workflow on Quantum to Accelerate Production, Safeguard Content, and Simplify Operations
SAN JOSE, Calif.--(BUSINESS WIRE)--Canal 13, a Chilean broadcaster, has deployed a fully integrated content storage and management solution built on Quantum's Myriad with ActiveScale.

Quantum Announces Preliminary Fiscal Fourth 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, today announced select preliminary financial res...

Quantum Named 2025 CRN 5-Star Partner Program, Adds Powerful New Enhancements to Drive Partner Growth
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (NASDAQ: QMCO) today announced updates to its Quantum Alliance Partner Program, delivering new tools, training, and incentives designed to help p...

Quantum Announces New Strategic Investor Dialectic Purchases $51 Million of Outstanding Debt
SAN JOSE, Calif.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), a leader in solutions for AI and unstructured data, today announced several strategic developments t...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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 ...

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...