What is Northland Capmk’s Forecast for Quantum Q1 Earnings?

Quantum Corporation (NASDAQ:QMCO) – Investment analysts at Northland Capmk issued their Q1 2027 earnings per share estimates for shares of Quantum in a research report issued on Thursday, September 11th. Northland Capmk analyst N. Chokshi forecasts that the company will post earnings of ($0.14) per share for the quarter. The consensus estimate for Quantum’s current full-year earnings is ($5.50) per share. Northland Capmk also issued estimates for Quantum’s Q2 2027 earnings at ($0.08) EPS, Q3 2027 earnings at ($0.25) EPS and Q4 2027 earnings at ($0.31) EPS.

A number of other research firms have also recently commented on QMCO. Needham & Company LLC set a $20.00 price target on Quantum in a report on Monday, August 11th. Ascendiant Capital Markets reissued a “buy” rating on shares of Quantum in a report on Wednesday, June 18th. Finally, Wall Street Zen downgraded Quantum from a “hold” rating to a “sell” rating in a research note on Saturday, August 30th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $19.33.

Quantum Price Performance

NASDAQ QMCO opened at $8.27 on Monday. The stock’s 50 day moving average is $8.01 and its 200 day moving average is $10.43. Quantum has a 12 month low of $2.88 and a 12 month high of $90.64.

Institutional Trading of Quantum

Large investors have recently added to or reduced their stakes in the company. Activest Wealth Management increased its stake in Quantum by 428,200.0% in the 1st quarter. Activest Wealth Management now owns 4,283 shares of the company’s stock worth $62,000 after acquiring an additional 4,282 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Quantum during the 2nd quarter valued at approximately $46,000. SBI Securities Co. Ltd. increased its position in shares of Quantum by 99.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 5,636 shares of the company’s stock valued at $56,000 after purchasing an additional 2,809 shares during the last quarter. Squarepoint Ops LLC bought a new position in shares of Quantum during the 4th quarter valued at approximately $506,000. Finally, AlphaQuest LLC bought a new position in shares of Quantum during the 1st quarter valued at approximately $139,000. Institutional investors own 63.66% of the company’s stock.

About Quantum

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, post-production, and streaming applications, as well as digital file archives; and CatDV Asset Management Software for indexing, cataloging, enriching video, audio, and image files, and workflow orchestration.