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NASDAQ: QMCO
Quantum Corp Stock Forecast, Predictions & Price Target

Analyst price target for QMCO

Based on 3 analysts offering 12 month price targets for Quantum Corp.
Min Forecast
$2.75+64.67%
Avg Forecast
$4.58+174.43%
Max Forecast
$7.00+319.16%

Should I buy or sell QMCO stock?

Based on 4 analysts offering ratings for Quantum Corp.
Buy
Strong Buy
1 analysts 25%
Buy
1 analysts 25%
Hold
2 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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QMCO stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Lake Street
Bottom 9%
9
Strong BuyMaintains$4.00+139.52%2022-06-09
B. Riley Securities
Top 1%
100
HoldMaintains$2.75+64.67%2022-06-09
Northland Securities
Bottom 17%
17
BuyMaintains$7.00+319.16%2022-03-21
Oppenheimer
Bottom 17%
17
HoldDowngradesN/AN/A2022-02-10

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Forecast return on equity

Is QMCO forecast to generate an efficient return?
Insufficient data to display

Forecast return on assets

Is QMCO forecast to generate an efficient return on assets?
Company
N/A
Industry
14.32%

QMCO earnings per share forecast

What is QMCO's earnings per share in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
-$0.25
Avg 2 year Forecast
-$0.07

QMCO revenue forecast

What is QMCO's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$386.6M-3.99%
Avg 2 year Forecast
$407.7M+1.26%
Avg 3 year Forecast
$440.0M+9.29%
QMCO's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

QMCO revenue growth forecast

How is QMCO forecast to perform vs Computer Hardware companies and vs the US market?
Company
2.68%
Industry
11.54%
Market
9.23%
QMCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
QMCO's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

QMCO vs Computer Hardware Stocks

TickerPricePrice TargetUp/downsideConsensus
QMCO$1.67$4.58+174.43%Buy
FATH$1.34$7.17+434.85%Strong Buy
DAKT$4.10N/AN/A
MICT$1.11N/AN/AStrong Buy
INVE$9.45$16.00+69.31%Hold

Quantum Stock Forecast FAQ

Is Quantum Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NASDAQ: QMCO) stock is to Buy QMCO stock.

Out of 4 analysts, 1 (25%) are recommending QMCO as a Strong Buy, 1 (25%) are recommending QMCO as a Buy, 2 (50%) are recommending QMCO as a Hold, 0 (0%) are recommending QMCO as a Sell, and 0 (0%) are recommending QMCO as a Strong Sell.

If you're new to stock investing, here's how to buy Quantum stock.

What is QMCO's earnings growth forecast for 2023-2024?

(NASDAQ: QMCO) Quantum's forecast annual earnings growth rate of N/A is not forecast to beat the US Computer Hardware industry's average forecast earnings growth rate of 36.73%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.01%.

Quantum's earnings in 2023 is -$32,537,000.On average, 3 Wall Street analysts forecast QMCO's earnings for 2023 to be -$26,303,660, with the lowest QMCO earnings forecast at -$29,460,099, and the highest QMCO earnings forecast at -$24,199,367.

In 2024, QMCO is forecast to generate -$7,365,025 in earnings, with the lowest earnings forecast at -$11,573,610 and the highest earnings forecast at -$2,104,293.

What is QMCO's revenue growth forecast for 2023-2025?

(NASDAQ: QMCO) Quantum's forecast annual revenue growth rate of 2.68% is not forecast to beat the US Computer Hardware industry's average forecast revenue growth rate of 11.54%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Quantum's revenue in 2023 is $402,611,000.On average, 3 Wall Street analysts forecast QMCO's revenue for 2023 to be $40,671,034,349, with the lowest QMCO revenue forecast at $40,297,206,737, and the highest QMCO revenue forecast at $41,092,629,408. On average, 3 Wall Street analysts forecast QMCO's revenue for 2024 to be $42,896,323,964, with the lowest QMCO revenue forecast at $42,106,898,528, and the highest QMCO revenue forecast at $44,254,329,310.

In 2025, QMCO is forecast to generate $46,294,441,160 in revenue, with the lowest revenue forecast at $46,294,441,160 and the highest revenue forecast at $46,294,441,160.

What is QMCO's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: QMCO) forecast ROA is N/A, which is lower than the forecast US Computer Hardware industry average of 14.32%.

What is QMCO's Price Target?

According to 3 Wall Street analysts that have issued a 1 year QMCO price target, the average QMCO price target is $4.58, with the highest QMCO stock price forecast at $7.00 and the lowest QMCO stock price forecast at $2.75.

On average, Wall Street analysts predict that Quantum's share price could reach $4.58 by Jun 9, 2023. The average Quantum stock price prediction forecasts a potential upside of 174.43% from the current QMCO share price of $1.67.

What is QMCO's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: QMCO) Quantum's current Earnings Per Share (EPS) is -$0.41. On average, analysts forecast that QMCO's EPS will be -$0.25 for 2023, with the lowest EPS forecast at -$0.28, and the highest EPS forecast at -$0.23. In 2024, QMCO's EPS is forecast to hit -$0.07 (min: -$0.11, max: -$0.02).

What is QMCO's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: QMCO) forecast ROE is N/A, which is considered weak.
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