Quantum Corp has a consensus price target of $3.25 based on the ratings of 4 analysts. The high is $5 issued by Northland Capital Markets on November 14, 2024. The low is $2 issued by Lake Street on June 7, 2023. The 3 most-recent analyst ratings were released by Northland Capital Markets, Northland Capital Markets, and Lake Street on November 14, 2024, August 9, 2023, and June 7, 2023, respectively. With an average price target of $2.6 between Northland Capital Markets, Northland Capital Markets, and Lake Street, there's an implied -94.16% downside for Quantum Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Quantum (NASDAQ:QMCO) was reported by Northland Capital Markets on November 14, 2024. The analyst firm set a price target for $5.00 expecting QMCO to fall to within 12 months (a possible -88.76% downside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Quantum (NASDAQ:QMCO) was provided by Northland Capital Markets, and Quantum reiterated their market perform rating.
There is no last upgrade for Quantum
The last downgrade for Quantum Corp happened on August 9, 2023 when Northland Capital Markets changed their price target from $2.25 to $0.8 for Quantum Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Quantum, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Quantum was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest Quantum (QMCO) rating was a reiterated with a price target of $0.25 to $5.00. The current price Quantum (QMCO) is trading at is $44.50, which is out of the analyst’s predicted range.
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