Stock Price Prediction

Quantum Corporation (QMCO) has seen a recent price target increase from $5 to $20 by Lake Street, reflecting optimism about its $200M SEPA agreement, which could reduce debt and improve liquidity. However, insider selling by the CEO and mixed institutional sentiment raise concerns about confidence in the stock. With the current price near $22, it appears overvalued relative to the revised targets, suggesting caution for bullish investors.

QMCO stock currently faces bearish sentiment due to insider selling, with the CEO offloading 2.3% of his holdings recently, and no insider purchases in the past six months. Additionally, institutional investors have largely reduced their positions, reflecting weak confidence. Despite a raised price target of $18 by analysts, the stock's heavy debt and reliance on equity financing pose significant risks.

The market consensus for QMCO's revenue in the upcoming quarter is projected to be approximately $65.85M USD.

The market consensus for QMCO's eps in the upcoming quarter is projected to be approximately $1.17 USD.