Quantum Corporation (QMCO) Stock Price & Analysis
Quantum Corporation (QMCO) closed at USD 16.98 on Thursday, October 22, 2026, down 3.63% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 17.62; the Oct 22, 2026 session ranged USD 16.74–17.79 on volume of 1,787,099 shares. Market capitalization is $669.18M, with a 52-week range of USD 4.19–35.65 (NGM). Source: Nexqual, retrieved October 23, 2026 at 11:56 UTC.
Also available as compact Markdown for AI agents: nexqual.com/QMCO.md
Key facts (QMCO)
- Last four reported quarters (through Jun 30, 2026): revenue $296M, net income -$239M (-80.8% margin), free cash flow -$20.9M (SEC filings).
- 1 of 80 tracked superinvestors hold QMCO (13F, Q2 2026): 1 new, 0 added, 0 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 3 Form 4 filings, $84K; 3 not under a Rule 10b5-1 plan ($84K); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.00 on a 1–5 scale) (2 analysts), mean target USD 26.5 (range 24–29).
- Total return with dividends: 1Y +65.7% vs S&P 500 +14.9%; 5Y -84.4% vs S&P 500 +80.3%.
- Next earnings: 2026-11-09, EPS estimate USD 0.13, revenue estimate $82.0M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (QMCO)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $383M | $422M | $312M | $274M | $280M | $296M |
| Gross profit | $158M | $143M | $125M | $110M | $103M | — |
| Operating income | -$3.2M | -$16.7M | -$28.9M | -$41.7M | -$24.5M | -$6.9M |
| Net income | $38.4M | -$18.4M | -$41.3M | -$115M | -$101M | -$239M |
| EPS (diluted) | -$6.40 | -$5.60 | -$8.68 | -$22.35 | -$7.97 | — |
| Free cash flow | -$40.0M | -$17.5M | -$16.0M | -$28.6M | -$39.6M | -$20.9M |
| Gross margin | 41.1% | 33.9% | 40.1% | 40.1% | 36.9% | — |
| Operating margin | -0.8% | -4.0% | -9.3% | -15.2% | -8.8% | -2.3% |
| Net margin | 10.0% | -4.4% | -13.2% | -42.0% | -36.1% | -80.8% |
| Revenue growth | +9.7% | +10.1% | -26.2% | -12.0% | +2.0% | — |
| Cash + short-term investments | $5.2M | $26.0M | $25.7M | $16.5M | $15.6M | — |
| Total debt | $107M | $83.1M | $82.5M | $96.5M | $145M | — |
Fiscal years end Mar. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (QMCO)
P/S 2.3x · EV/Sales 2.1x · FCF yield -3.13% · Earnings yield -35.74% · Net cash $54.4M · EV $615M
Superinvestors (SEC 13F-HR, Q2 2026) (QMCO)
1 of 80 tracked investors hold QMCO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Howard Marks | Oaktree Capital | 0.59% | $22.1M | New position |
Insider sales (SEC Form 4, open-market, last ~7 months) (QMCO)
0 of 3 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-03 | Craythorne Anthony | Chief Revenue Officer | 1,478 | $16K | 9.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-07-02 | Nash Laura A. | Chief Accounting Officer | 260 | $3K | 2.4% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-07-02 | Meyrath Hugues | President & CEO | 6,232 | $65K | 5% | No | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (QMCO)
Consensus Buy (mean 2.00 on a 1–5 scale), 2 analysts; mean target USD 26.5 (low 24, high 29).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-23 | Cantor Fitzgerald | Initiated | Overweight | $29 |
| 2026-09-14 | Lake Street | Target raised | Buy | $24 → $29 |
| 2026-08-11 | Lake Street | Target raised | Buy | $20 → $24 |
| 2026-06-26 | Northland Capital Markets | Downgrade | Outperform → Market Perform | $13 |
Total return (dividends reinvested) (QMCO)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +65.7% | -84.4% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +66.0% | -31.0% |
| Volatility (annualized) | 108.2% | 129.9% |
| Max drawdown | -58.8% (Oct 2025→Mar 2026) | -98.3% (Nov 2021→Sep 2024) |
QMCO revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Product | $53.9M | 66.7% | +43.5% |
| Secondary storage systems | $37.0M | 45.8% | +100.1% |
| — Service and subscription (part of Secondary storage systems) | $24.7M | 30.5% | -1.1% |
| — Device and media (part of Secondary storage systems) | $10.4M | 12.8% | +4.2% |
| — Subscriptions (part of Secondary storage systems) | $2.0M | 2.5% | -41.2% |
| Service | $22.7M | 28.0% | +5.4% |
| Primary storage systems | $8.5M | 10.5% | -32.3% |
| Royalty | $2.3M | 2.8% | +25.2% |
| Total revenue | $80.8M | 100% | — |
QMCO revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Americas | $37.7M | 46.7% | +1.7% |
| EMEA | $28.2M | 34.9% | +52.7% |
| APAC | $12.6M | 15.6% | +82.7% |
| Total revenue | $80.8M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
QMCO suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | Quantum LTO Holdings | “On September 23, 2025, the Company entered into the Fifteenth Amendment to the Term Loan Credit Agreement with Quantum LTO Holdings, LLC, Dialectic, OC III LVS XXXIII LP ("LVS XXXIII"), OC III LVS XL LP ("LVS XL" and together with LVS XXXIII, the "OC III Lenders"), and Alter Domus (US) LLC, as disbursing agent and collateral agent (the "Fifteenth Amendment").” |
| Partner | Dialectic Technology SPV | “On September 23, 2025, the Company entered into the Fifteenth Amendment to the Term Loan Credit Agreement with Quantum LTO Holdings, LLC, Dialectic, OC III LVS XXXIII LP ("LVS XXXIII"), OC III LVS XL LP ("LVS XL" and together with LVS XXXIII, the "OC III Lenders"), and Alter Domus (US) LLC, as disbursing agent and collateral agent (the "Fifteenth Amendment").” |
| Competitor | Dell Technologies (DELL) | “Our primary storage solutions, including object storage systems, primarily face competition from the EMC business unit of Dell Inc. ("Dell"), International Business Machines Corporation, ("IBM"), NetApp, Inc., and other enterprise storage vendors in the markets we serve.” |
| Competitor | IBM (IBM) | “Our primary storage solutions, including object storage systems, primarily face competition from the EMC business unit of Dell Inc. ("Dell"), International Business Machines Corporation, ("IBM"), NetApp, Inc., and other enterprise storage vendors in the markets we serve.” |
| Competitor | Hewlett Packard Enterprise (HPE) | “Our backup storage systems primarily compete with products sold by Dell, Hewlett Packard Enterprise Company and Veritas Technologies LLC.” |
Quoted from the company's 10-K filed Jun 25, 2026.
QMCO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.13 | $-0.11 | -213.6% | $82.0M | 2 |
| Next quarter (ends Dec 2026) | $0.12 | $-0.04 | -366.7% | $84.9M | 2 |
| Current fiscal year (ends Mar 2027) | $0.47 | $-0.33 | -240.9% | $332.5M | 2 |
| Next fiscal year (ends Mar 2028) | $0.84 | $0.06 | +1427.3% | $377.9M | 2 |
QMCO options: expected move
Options price a move of about ±29.7% (±$5.00) by Nov 20, 2026, which includes earnings on Nov 9, 2026. Over the last 8 reports the stock moved ±19.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 129.0% | ±29.7% |
| Dec 18, 2026 | 56 | 119.9% | ±38.3% |
| Mar 19, 2027 | 147 | 114.7% | ±57.9% |
| May 21, 2027 | 210 | 116.5% | ±69.5% |
| Jun 17, 2027 | 237 | 117.5% | ±75.2% |
30-day implied volatility 128.2% vs 98.4% realized over the last 30 trading days. Put/call ratio (volume) 0.1. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 11:56 UTC)
| Price | USD 16.98 |
|---|---|
| Change | ▼ 3.63% (down) |
| Previous Close | USD 17.62 |
| Open | USD 17.07 |
| Day Range | USD 16.74 – 17.79 |
| 52-Week Range | USD 4.19 – 35.65 |
| Volume | 1,787,099 shares |
| Market Cap | $669.18M |
| Exchange | NGM |
Technical Analysis (QMCO)
Nexqual's technical model rates QMCO "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 11:56 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 27.39 (oversold) |
| vs SMA50 | Below (USD 25.23) |
| MACD | -2.2 (negative) |
Analyst Ratings (QMCO)
Wall Street analysts rate QMCO "Buy" based on 2 analysts, with a mean price target of USD 26.5 (range USD 24–29), per Nexqual as of October 23, 2026 at 11:56 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 2 |
| Mean Target | USD 26.5 |
| High Target | USD 29 |
| Low Target | USD 24 |
| Buy / Hold / Sell | 2 / 0 / 0 |
Earnings (QMCO)
| Next Earnings Date | 2026-11-09 |
|---|---|
| EPS Estimate | USD 0.13 |
| Revenue Estimate | $82.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.18 vs est -0.17 ▲ beat |
| 2026-03-31 | USD -0.21 vs est -0.31 ▲ beat |
| 2025-12-31 | USD -0.36 vs est -0.45 ▲ beat |
| 2025-09-30 | USD -0.54 vs est -0.28 ▼ miss |
Source: Nexqual, October 23, 2026 at 11:56 UTC.
Financials & Fundamentals (QMCO)
| Total Revenue | $296.10M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +25.70% |
| Gross Margin | +37.84% |
| Operating Margin | +6.26% |
| Profit Margin | -80.76% |
| Current Ratio | 0.93 |
| Total Cash | $54.45M |
| Total Debt | $8.86M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$20.93M (-7.1% of revenue) |
Source: Nexqual, October 23, 2026 at 11:56 UTC.
Financial Health Score (QMCO)
Nexqual rates Quantum Corporation's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 11:56 UTC.
| Growth | Mixed — Revenue +2.0% YoY (annual), slow |
|---|---|
| Profitability | Solid — Gross margin 38%, operating 6% (last 12 months) |
| Balance Sheet | Mixed — $54M cash and investments, no debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$21M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Mixed — No data |
Ownership (QMCO)
| Insider Ownership | +37.92% |
|---|---|
| Institutional Ownership | +35.62% |
| Shares Outstanding | 39.41M |
| Float | 34.15M |
| Short % of Float | +59.55% |
Source: Nexqual, October 23, 2026 at 11:56 UTC.
Leadership (QMCO)
Quantum Corporation is led by Hugues Meyrath, President, CEO & Director, per Nexqual as of October 23, 2026 at 11:56 UTC.
| President, CEO & Director | Hugues Meyrath |
|---|---|
| Chief Operating Officer | James C. Clancy |
| Chief Revenue Officer | Anthony Craythorne |
| Chief Financial Officer | William H. White |
| Technical Director | Marc Smith |
Major Backers & Investors (QMCO)
Notable institutional backers of Quantum Corporation include Alyeska Investment Group, L.p., Oaktree Capital Management LP, Two Seas Capital Lp, according to Nexqual as of October 23, 2026 at 11:56 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Alyeska Investment Group, L.p. | 6.73% |
| Oaktree Capital Management LP | 5.1% |
| Two Seas Capital Lp | 3.78% |
| Neuberger Berman Group, LLC | 2.95% |
| Ashford Capital Management Inc. | 2.64% |
| Portolan Capital Management, LLC | 2.59% |
| Marshall Wace LLP | 1.81% |
| Manatuck Hill Partners, LLC | 0.89% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 1.54% |
| BlackRock | 0.69% |
Source: Nexqual, October 23, 2026 at 11:56 UTC.
From Quantum Corporation's Latest SEC 10-K Filing (filed 2026-06-25)
Key Strengths & Strategy (as disclosed to the SEC)
- Our services are delivered with a combination of expertise and technology, including the MyQuantum Service Delivery Platform, and Cloud-Based Analytics ("CBA") AIOps software for proactive remote monitoring.
- We generally rely on patent, copyright, trademark and trade secret laws and contract rights to establish and maintain our proprietary rights in our technology and products.
- Quantum delivers end-to-end data management solutions designed for unstructured data in the artificial intelligence ("AI") era.
- Our extensive use of technology and innovative product intelligence allows us to scale our global services operations to meet the needs of our customers.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to many laws and regulations, and violation of or changes in those requirements could materially and adversely affect our business.
- Our actual or perceived failure to adequately protect personally identifiable information could adversely affect our business, financial condition, and operating results.
- Compliance with these laws and regulations can be costly and can delay or impede the development or implementation of new products or internal systems.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
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|---|---|---|---|
| SSYS | Stratasys, Ltd. | USD 6.83 | ▼ 1.59% |
| NNDM | Nano Dimension Ltd. | USD 1.38 | ▼ 2.13% |
| BRAI | Braiin Limited | USD 3.87 | ▼ 5.84% |
| UMAC | Unusual Machines, Inc. | USD 16.27 | ▼ 4.18% |
| DDD | 3D Systems Corporation | USD 3.05 | ▲ 0.99% |
| XTND | Xtend AI Robotics, Inc. | USD 1.73 | ▼ 8.47% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 11:56 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt