Quantum Corporation (QMCO)

NASDAQ: QMCO · Real-Time Price · USD
8.00
+0.57 (7.67%)
At close: Aug 13, 2025, 4:00 PM
7.85
-0.15 (-1.88%)
After-hours: Aug 13, 2025, 7:57 PM EDT
7.67%
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]

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 target is $19.0, which is an increase of 137.50% from the latest price.

Price Target
$19.0
(137.50% upside)
Analyst Consensus: Hold
Stock Forecasts

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 ...

8 days ago - Business Wire

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...

8 days ago - Business Wire

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...

21 days ago - Business Wire

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.

4 weeks ago - Business Wire

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...

6 weeks ago - Business Wire

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...

2 months ago - Business Wire

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...

2 months ago - Business Wire

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.

3 months ago - Business Wire

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.

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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...

5 months 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...

5 months 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...

6 months 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...

6 months 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...

6 months 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...

6 months 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...

7 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...

7 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
8 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...

8 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.

8 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
8 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...

9 months ago - Business Wire