Quantum Corp

QMCO

Market cap $379M

Quantum Corporation (QMCO) is rated a buy, with an FY 2027 price target implying 18% upside from current levels. QMCO's Q4 revenue grew 27.3% YoY, driven by strong demand for its ActiveScale storage solutions amid accelerating AI workloads. Recent equity financing eliminated all debt, strengthened liquidity, and improved QMCO's capital structure, positioning it for future growth.

Quantum Corp. (QMCO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Data storage solutions provider Quantum Corporation finished fiscal year 2026 on a strong note with sales increasing to new recovery highs and backlog more than doubling on a quarter-over-quarter basis. QMCO experienced strong momentum in object storage with ActiveScale revenue tripling on a year-over-year basis, driven by new use cases around large-scale data management and AI workloads. Even more importantly, the company managed to address its long-standing debt issues, albeit at the price of heavy shareholder dilution.

QMCO's record backlog, AI-driven storage demand and debt-free reset are shaping fiscal 2027, but supply limits and margins remain key tests.

QMCO's quarterly loss narrowed as revenue jumped 27%, while debt repayment and backlog momentum point to improving profitability ahead.

Quantum Corporation (QMCO) Q4 2026 Earnings Call Transcript

CENTENNIAL, Colo.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), today announced financial results for its fiscal fourth quarter and full year 2026 ended March 31, 2026. Fiscal Fourth Quarter 2026 Financial Summary Revenue increased 27% year-over-year to $78.0 million, exceeding guidance of $68 million, plus or minus $2 million GAAP operating expenses were $30.4 million; non-GAAP adjusted operating expenses were $27.5 million, reflecting a $2.0 million year-o.

CENTENNIAL, Colo.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), today announced it will release fiscal fourth quarter and full year 2026 financial results on Thursday, June 25, 2026 after market close. Hugues Meyrath, Chief Executive Officer, and William White, Chief Financial Officer, will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) to discuss the Company's financial results and business outlook. Analysts and investors are invi.

CENTENNIAL, Colo.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company"), today announced that William White, Chief Financial Officer, will participate virtually at the Northland Securities Growth Conference on Tuesday, June 23, 2026 and will be available to host scheduled conference calls with participating investors throughout the day. Portfolio managers and analysts who would like to request a meeting with management should contact their Northland Securities repres.

CENTENNIAL, Colo.--(BUSINESS WIRE)--Quantum Corporation (Nasdaq: QMCO) ("Quantum" or the "Company") today announced that it has filed a Form 12b-25, Notification of Late Filing, with the Securities and Exchange Commission with respect to its Annual Report on Form 10-K for the fiscal year ended March 31, 2026 ("Fiscal 2026"). The Company intends to file its Annual Report on Form 10-K as soon as practicable, and in any event on or before June 29, 2026, the fifteenth calendar day following the ori.