Quantum (NASDAQ:QMCO – Get Free Report) announced its earnings results on Wednesday. The company reported ($0.96) EPS for the quarter, missing analysts’ consensus estimates of ($0.88) by ($0.08), Zacks reports. Quantum updated its Q4 2025 guidance to -1.210–1.110 EPS.
Quantum Stock Performance
Shares of NASDAQ QMCO traded up $5.42 during midday trading on Wednesday, reaching $23.23. The stock had a trading volume of 4,161,023 shares, compared to its average volume of 1,603,247. Quantum has a 12-month low of $2.22 and a 12-month high of $90.64. The stock has a 50-day moving average of $32.82 and a 200-day moving average of $15.00.
Analysts Set New Price Targets
Several equities research analysts have recently commented on the company. Northland Securities upped their price objective on Quantum from $5.00 to $18.00 and gave the stock a “market perform” rating in a research note on Thursday, January 30th. Lake Street Capital upped their price target on Quantum from $5.00 to $20.00 and gave the stock a “hold” rating in a research report on Wednesday, January 29th.
Insider Activity at Quantum
In other news, CEO James J. Lerner sold 2,511 shares of Quantum stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $35.68, for a total transaction of $89,592.48. Following the sale, the chief executive officer now owns 107,804 shares in the company, valued at $3,846,446.72. This trade represents a 2.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CRO Henk Jan Spanjaard sold 935 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $35.68, for a total transaction of $33,360.80. Following the transaction, the executive now owns 14,903 shares of the company’s stock, valued at approximately $531,739.04. This represents a 5.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,208 shares of company stock worth $274,764. 3.90% of the stock is owned by corporate insiders.
Quantum Company Profile
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.
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