Northland Capital's Earnings Forecast for Quantum in Q3 2025

On February 4, 2025, the financial experts at Northland Capital Markets released an updated forecast regarding Quantum Corporation's anticipated earnings for the third quarter of 2025. The analysts have revised their estimates significantly, projecting the company will report earnings per share (EPS) of ($0.88) for the upcoming quarter, an improvement from their prior estimate of ($1.10). This optimistic outlook aligns with the current consensus estimate for Quantum's full-year earnings, which stands at ($5.04) per share.

Future Earnings Estimates by Northland Capital

In addition to the Q3 forecast, Northland Capital Markets has also provided estimates for future quarters. For Q4 2025, the expected earnings are set at ($0.47) EPS. Looking further ahead, the expected earnings are as follows: ($0.42) for Q1 2026, ($0.26) for Q2 2026, ($0.14) for Q3 2026, and ($0.32) for Q4 2026, with an overall forecast of ($1.13) for FY2026.

Analyst Updates on Quantum Stock

Quantum Corporation’s stock, trading under NASDAQ: QMCO, has been the subject of attention from various research firms. Recently, Lake Street Capital raised their price target for Quantum shares from $5.00 to $20.00, assigning a "hold" rating in a report dated January 29, 2025. Similarly, Northland Securities adjusted their price target from $5.00 to $18.00 and rated the company as a "market perform" in a research note published on January 30, 2025.

Market Performance of Quantum Stock

As of the Monday following the report, Quantum stock was down by 4.6%, opening at $21.38. The stock has shown significant fluctuation, with a 50-day moving average of $32.40 and a 200-day moving average at $14.51. Over the past year, Quantum shares have reached a low of $2.22 and a high of $90.64, highlighting the volatility of its market performance.

Institutional Holding Trends

Recently, several hedge funds have adjusted their positions in Quantum. UNICOM Systems Inc. acquired a new stake valued at approximately $4,057,000 during the fourth quarter of 2024. Arkadios Wealth Advisors and Flagship Harbor Advisors LLC also obtained new positions with values of $466,000 and $226,000, respectively. Currently, institutional investors hold about 63.66% of Quantum’s outstanding shares.

Insider Trading Activities

In other relevant company news, Brian E. Cabrera, the Senior Vice President, sold 1,996 shares of Quantum on January 16, 2025, at an average price of $35.68, resulting in total proceeds of $71,217.28. Post-sale, Cabrera owns about 27,940 shares, valued at roughly $996,899.20, reflecting a 6.67% decrease in his ownership. Additionally, CEO James J. Lerner sold 6,505 shares on November 8, 2024, at an average price of $4.43, bringing total proceeds of $28,817.15. After the transaction, Lerner holds around 107,491 shares worth approximately $476,185.13, marking a 5.71% decrease in ownership. Across the last three months, insiders have sold 22,490 shares valued at $316,162, while company insiders collectively own about 3.90% of Quantum's stock.

Understanding Quantum Corporation

Quantum Corporation specializes in providing innovative products for the storage and management of unstructured data and digital video across various markets, including the Americas, Europe, the Middle East, Africa, and Asia Pacific. Their offerings include high-performance solutions such as Myriad All-Flash File and Object Storage Software, Unified Surveillance Platform Software, and StorNext Hybrid Flash/Disk File Storage Software, catering to various enterprise applications.

Quantum, Earnings, Forecast