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Quantum - QMCO Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $2.33
  • Forecasted Upside: 128.76%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$1.02 As of 06/8/2023 01:00 AM ET
▼ -0.01 (-0.97%)

This chart shows the closing price for QMCO by one month, three months, or twelve months.

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Analyst Price Target for QMCO

Analyst Price Target is $2.33
▲ +128.76% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Quantum in the last 3 months. The average price target is $2.33, with a high forecast of $2.75 and a low forecast of $2.00. The average price target represents a 128.76% upside from the last price of $1.02.

This chart shows the closing price for QMCO for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in Quantum. This rating has held steady since May 2022, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/15/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/15/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/13/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/11/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/10/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/9/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/8/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/7/2023Northland SecuritiesLower Target$6.00 ➝ $2.25Low
6/7/2023Lake Street CapitalLower Target$3.00 ➝ $2.00Low
6/9/2022Northland SecuritiesLower Target$7.00 ➝ $6.00Medium
6/9/2022Lake Street CapitalLower TargetBuy$6.00 ➝ $4.00High
6/9/2022B. RileyLower TargetNeutral$4.00 ➝ $2.75High
3/21/2022Northland SecuritiesLower TargetOutperform$10.00 ➝ $7.00Low
2/10/2022Lake Street CapitalLower Target$9.00 ➝ $6.00High
2/10/2022B. RileyDowngradeBuy ➝ Neutral$4.00High
2/10/2022OppenheimerDowngradeOutperform ➝ Market PerformHigh
3/5/2021Northland SecuritiesInitiated CoverageOutperform$12.00Low
3/3/2021OppenheimerInitiated CoverageOutperform$11.00High
2/5/2021B. RileyBoost TargetPositive ➝ Buy$10.00 ➝ $15.00Medium
1/8/2021B. RileyBoost TargetBuy$9.00 ➝ $10.00Medium
12/11/2020Lake Street CapitalBoost Target$7.00 ➝ $8.00Low
8/31/2020Lake Street CapitalBoost Target$5.50 ➝ $6.50N/A
6/25/2020B. RileyReiterated RatingBuy$7.00High
6/17/2020B. RileyReiterated RatingBuy$6.25High
4/17/2020B. RileyReiterated RatingBuy$6.25Medium
4/7/2020Lake Street CapitalLower TargetBuy$8.00 ➝ $5.00High
4/7/2020B. RileyReiterated RatingBuy$6.25High
3/18/2020B. RileyLower TargetBuy$9.25 ➝ $6.25High
1/27/2020B. RileyReiterated RatingBuy$9.50Low
1/6/2020B. RileyBoost TargetBuy$7.75 ➝ $9.50Low
12/23/2019B. RileyReiterated RatingBuy$7.75Medium
12/12/2019B. RileyReiterated RatingBuy$7.75High
10/16/2019B. RileyInitiated CoverageBuy$7.25High
8/26/2019Lake Street CapitalBoost TargetBuy$5.00 ➝ $7.00Low
8/7/2019Craig HallumInitiated CoverageBuyHigh
8/7/2019Lake Street CapitalUpgradeHold ➝ Buy$5.00High
(Data available from 6/8/2018 forward)

News Sentiment Rating

0.14 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/10/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/10/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/9/2023
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/8/2023
  • 4 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/10/2023
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/9/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/9/2023
  • 2 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
6/8/2023

Current Sentiment

  • 2 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Quantum logo
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 CatDV, an asset management and workflow orchestration platform that provides asset management, automation, and collaboration tools for organization that manages large volumes of digital media; StorNext software systems that enable high-speed ingest, editing, processing, and management of digital video and image datasets; and Scalar tape systems that provide long-term data storage facility to archive and preserve digital content for decades. It also provides DXi backup appliances for backup storage and multi-site disaster recovery; portfolio of products designed for the capture and analysis of video surveillance and security, including video recording servers, as well as hyperconverged storage systems for video surveillance management and recording; and appliances designed for video surveillance analytics and to run various types of access control systems. In addition, the company offers managed services, customer support agreements, software subscriptions, installation, and consulting and training services; and object storage systems for online content repositories, such as media archives, genome sequencing data repositories, and big data lakes. Further, it sells linear tape-open (LTO) tape cartridges, as well as standalone LTO tape drives for small business and desktop use. The company sells its products through a network of distributors, value-added resellers, direct marketing resellers, original equipment manufacturers, and other suppliers, as well as directly to corporate entities and government agencies. Quantum Corporation was founded in 1980 and is headquartered in San Jose, California.
Read More

Today's Range

Now: $1.02
Low: $0.96
High: $1.05

50 Day Range

MA: $1.02
Low: $0.93
High: $1.28

52 Week Range

Now: $1.02
Low: $0.86
High: $2.20

Volume

535,295 shs

Average Volume

194,633 shs

Market Capitalization

$107.31 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

2.56

Frequently Asked Questions

What sell-side analysts currently cover shares of Quantum?

The following Wall Street research analysts have issued reports on Quantum in the last twelve months: B. Riley, Lake Street Capital, and Northland Securities.
View the latest analyst ratings for QMCO.

What is the current price target for Quantum?

3 Wall Street analysts have set twelve-month price targets for Quantum in the last year. Their average twelve-month price target is $2.33, suggesting a possible upside of 128.8%. B. Riley has the highest price target set, predicting QMCO will reach $2.75 in the next twelve months. Lake Street Capital has the lowest price target set, forecasting a price of $2.00 for Quantum in the next year.
View the latest price targets for QMCO.

What is the current consensus analyst rating for Quantum?

Quantum currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe QMCO will outperform the market and that investors should add to their positions of Quantum.
View the latest ratings for QMCO.

What other companies compete with Quantum?

Other companies that are similar to Quantum include KORE Group, Rekor Systems, Intevac, Coda Octopus Group and Geospace Technologies. Learn More about companies similar to Quantum.

How do I contact Quantum's investor relations team?

Quantum's physical mailing address is 224 AIRPORT PARKWAY SUITE 550, SAN JOSE CA, 95110. The company's listed phone number is (408) 944-4000 and its investor relations email address is [email protected]. The official website for Quantum is www.quantum.com. Learn More about contacing Quantum investor relations.