coteau ARQ.

QMCO

Quantum Corporation
$17.92
−$1.07 (5.63%) Oct 21 close
Technology CompareTechnicals
-60%+16%+92%+168%+244%Oct 2025Oct 2026Apr 202652w high $35.6552w low $4.19
QMCOSPY
Wall St. Highest PT $29.00 (+61.8%) Wall St. Avg PT $27.33 (+52.5%)
$4$12$19$27$34POC $8Hi $29Avg $27
Underwater Drawdown %Max DD -58.8%Current -48.1%
0.0%-58.8%
Relative Strength vs SPY+56.7% vs SPYOutperforming
+250%0%-250%
1W
−$5.94 (24.90%)
1M
−$8.18 (31.34%)
3M
+$6.26 (53.69%)
6M
+$10.74 (149.58%)
YTD
+$11.47 (177.83%)
1Y
+$8.01 (80.83%)

Chart

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Ratings & dials

1m · 5m · 15m · 1h · 4h · 1D

Analyst & Morningstar ratings

Consensus · Targets · Morningstar
Wall Street analyst consensus
SellHoldStrong Buy
Strong Buy
3 analysts · mean score 1.00
1 = Strong Buy · 5 = Sell
Wall Street consensus
Analyst price targets
Current price$17.92
Average target$27.33
+$9.41 (+52.5%) upsideaverage target vs current price
CurrentAverageMedian
Low$24.00
Median$27.33
High$29.00
12-month Wall Street target range
Recent analyst rating changes · 30
Initiated
2026-10-23 · Cantor Fitzgerald started covering QMCO at Overweight
Reiterated
2026-09-14 · Lake Street reiterated Buy on QMCO
Reiterated
2026-08-11 · Lake Street reiterated Buy on QMCO
Downgrade
2026-06-26 · Northland Capital Markets downgraded QMCO from Outperform to Market Perform
Reiterated
2026-06-03 · Lake Street reiterated Buy on QMCO
Upgrade
2025-11-14 · Northland Capital Markets upgraded QMCO from Market Perform to Outperform

Third-party ratings, not Coteau's views.

Health check

Financial health
DistressGrey zoneSafe
Distress zone
Altman Z-score -5.5
Above 2.99 is the safe zone, below 1.81 the distress zone.
Quality
WeakAverageStrong
Average
Piotroski F-score 4 of 9
See the tests
  • ✗Positive net income
  • ✗Positive operating cash flow
  • ✓Return on assets improved
  • ✓Cash flow above net income
  • ✗Long-term debt / assets fell
  • ✓Current ratio improved
  • ✗No share dilution
  • ✗Gross margin improved
  • ✓Asset turnover improved

Computed by Coteau from the company's SEC filings (latest balance sheet Jun 30, 2026). Descriptive, not a forecast.

Key stats & company

Market value$694.4M
P/E (next 12 months, estimated)21.0
52-week range$4.19 – $35.65
Revenue growth (latest quarter vs a year ago)+25.7%
Dividend yieldNo dividend
Analyst consensusStrong Buy (3)
Average analyst price target$27.33 (+53%)

What they do

Quantum Corporation provides data management solutions for unstructured data in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers primary storage software and systems, including StorNext Hybrid Flash/Disk File Storage Software for video editing, post-production. It also provides cost-per-terabyte secondary storage software and systems, such as ActiveScale Object Storage Software.

Technology · Computer Hardware
Valuation and fundamentals

Valuation & fundamentals

Bottom line
No cash-flow valuation
Model read-out from the numbers below, not advice. Score +0 (DCF counts double).
•Piotroski F-score4/9
▼Altman Z-5.5 (distress)
▲Analyst target+53% (3 analysts)

Discounted cash flow

Trailing free cash flow is negative or missing, so a cash-flow DCF isn't meaningful by default. You can enter your own assumptions below.
Reverse DCFfor context, not a signal
Trailing free cash flow is zero or negative, so there's no growth rate to solve for. The price is betting on a turnaround to positive cash flow.
Edit assumptions · recalculates instantly
Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-06-30). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 3.09 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs sector

Forward EPS $0.84 vs trailing $-12.97. Forward P/E uses analysts' next-12-month estimate.

Backlog (remaining performance obligations)

RPO
$165.9M
as of 2026-06-30
vs a year ago
+33%
YoY
× TTM revenue
0.56×
coverage
24-09
24-12
25-03
25-06
25-09
25-12
26-03
26-06

Contracted revenue not yet recognized, from SEC filings (XBRL tag RevenueRemainingPerformanceObligation).

Quality & financial health

Gross margin
37.8%
Operating margin
-2.3%
FCF margin
-7.1%
Net margin
-80.8%
Return on equity
–
Return on invested capital
–
Net debt / EBITDA
–
Current ratio
0.9×
Interest cover
-0.4×
Cash conversion (OCF/NI)
–
Piotroski F-score 4/9 · last two fiscal years
✗ Positive net income✗ Positive operating cash flow✓ Return on assets improved✓ Cash flow above net income✗ Long-term debt / assets fell✓ Current ratio improved✗ No share dilution✗ Gross margin improved✓ Asset turnover improved

Altman Z-score -5.5 (distress zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target
$27
+53%
Analysts
3
Strong Buy
Range
$24–$29
low – high
● price · ◆ mean target

Annual history

FYRevenueNet incomeFree cash flow
2026$279.6M$-101.0M$-39.6M
2025$274.1M$-115.1M$-28.6M
2024$311.6M$-41.3M$-16.0M
2023$422.1M$-18.4M$-17.5M
2022$383.4M$38.4M$-40.0M
2021$349.6M$-35.5M$-7.7M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -12.8%.

For information only · Important disclosures

Grades vs sector

No sector grades for QMCO yet. Grades rank S&P 1500 stocks within their sector and refresh after each daily data run, so a stock outside that index or newly covered has none.

Systematic Models

Not held by any of our 7 live models right now.

Quality Growth
Outside this model's universe or screens
Momentum Top 15
Outside this model's universe or screens
Momentum Blend
Not in the current book
New Highs Growth
Outside this model's universe or screens
Coteau Barbell Momentum & T-Bill Shield
Outside this model's universe or screens
Coteau Physical AI Grid & Power
Outside this model's universe or screens
Coteau Long Book
Not in the current book

Earnings & events

QMCO earningsNext report in 15 days
Next report
Mon Nov 9, 2026Time not confirmed
EPS consensus$0.12 range $0.12–$0.13
Revenue consensus$82.3M 3 analysts
Last 4 quarters · EPS vs estimate
Aug 10, 2026$0.18est -$0.17+205.9%Above estimates
Jun 25, 2026-$0.21est -$0.30+31.1%Above estimates
Feb 17, 2026-$0.36est -$0.45+20.0%Above estimates
Nov 13, 2025-$0.54est -$0.28−92.9%Below estimates

In line = within 1% of the estimate.

Source: Yahoo Finance · refreshed 2026-10-24 17:19:45 ET
24-1125-0225-0825-0925-1126-0226-0626-08-1.820.18
EstimateActual (beat)Actual (miss)

Quarterly revenue

QuarterRevenueYoY
2026-06-30$80.8M+25.7%
2026-03-31$78.0M–
2025-12-31$74.6M–
2025-09-30$62.7M–
2025-06-30$64.3M–

News & catalysts

More news
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The Fly · Oct 23
Western Digital (WDC) Q1 Earnings and Revenues Beat Estimates
Zacks · Oct 22
Quantum Builds ActiveScale Momentum: Can It Sustain Growth?
Zacks · Oct 13
3 Stocks For The US Post Quantum Cybersecurity Upgrade Cycle
Simply Wall St. · Oct 10
Quantum (QMCO) Shares Climbed, What Is Behind The Fresh Attention?
Simply Wall St. · Oct 10
Rating changes
Initiated
2026-10-23 · Cantor Fitzgerald started covering QMCO at Overweight
Reiterated
2026-09-14 · Lake Street reiterated Buy on QMCO
Reiterated
2026-08-11 · Lake Street reiterated Buy on QMCO
Downgrade
2026-06-26 · Northland Capital Markets downgraded QMCO from Outperform to Market Perform
Reiterated
2026-06-03 · Lake Street reiterated Buy on QMCO
Upgrade
2025-11-14 · Northland Capital Markets upgraded QMCO from Market Perform to Outperform

Third-party analyst actions, not Coteau's views. All rating changes

Stats refreshed 2026-10-24 17:19:45 ET from Yahoo Finance (yfinance). "–" means the data isn't available. Refresh now

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Independent research · Not investment advice · Hypothetical unless marked Live · Data: Yahoo Finance (15-min delayed), SEC EDGAR, House Clerk · Important disclosures · Contact desk@coteau.app

Coteau 0.9 · Oct 21, 2026