Quantum Corporation (QMCO) AI Stock Analysis

Quantum Corporation operates globally, specializing in digital video and unstructured data storage and management solutions. Headquartered in San Jose, California, the company offers a portfolio of products designed for organizations managing large volumes of digital media and data. Key offerings include CatDV, an asset management and workflow orchestration platform, and StorNext software systems for ingest, editing, processing, and management of video datasets. Additionally, Quantum provides Scalar tape systems for long-term archiving, DXi backup appliances for multi-site disaster recovery, and specialized hyperconverged storage systems for video surveillance and security analytics, complemented by managed services, customer support, and software subscriptions.

Quantum's revenue declined at a 5-year CAGR of -4.4% from FY2021 to FY2026. Annual revenue peaked at $422.1M in FY2023 before falling to $311.6M in FY2024 and $274.1M in FY2025. In FY2026, revenue increased 2.0% to $279.6M, while gross margin was 36.9% and operating margin was -5.9%. Net income remained negative at -$101.0M in FY2026, compared to -$115.1M in FY2025. Over the trailing twelve months, revenue was $296.1M with an operating margin of 6.3% and a net profit margin of -80.8%. In the latest quarter ended June 30, 2026, quarterly revenue grew 25.7% year-over-year.

As of June 30, 2026, Quantum held $54.4M in cash and short-term investments against $8.9M in total debt, resulting in net cash of $45.6M. Total assets stood at $191.9M, while shareholders' equity was -$27.8M, representing negative equity. The current ratio was 0.93. Free cash flow was -$39.6M in FY2026 alongside operating cash flow of -$37.9M. In FY2026, capital expenditures were $1.7M, and the company's share count increased 639.3% over the trailing 5-year period.

Quantum trades at an enterprise value of $976.3M and a market capitalization of $728.3M. Its forward P/E is 1.9x, compared to the median of its US-listed Technology peers of 18.8x. The company's price-to-sales ratio is 2.5x, below the peer median of 2.8x, while its EV-to-EBITDA stands at 236.8x versus the peer median of 16.6x. Over the past year, Quantum delivered a return of 65.3%, outperforming the S&P 500's return of 16.8%, although its 5-year return of -83.5% trailed the index's 83.0% gain.

Quantum has 2 Strong Buy ratings and no Buy, Hold, or Sell ratings. The mean price target is $26.50, which represents 43.4% upside from the last close of $18.48. For the fiscal year ending March 31, 2027, analysts estimate EPS of $0.47 and revenue of $332.5M. For the following fiscal year, 2 analysts project revenue of $377.9M and EPS of $0.84. Quantum has beaten EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 12, 2026.

This page is an AI-written research summary of Quantum Corporation (QMCO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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