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Quantum Appoints New CEO Hugues Meyrath

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Quantum Appoints New CEO Hugues Meyrath

Confident Investing Starts Here:

An update from Quantum ( (QMCO) ) is now available.

On June 12, 2025, Quantum Corporation appointed Hugues Meyrath as President and CEO, offering him a comprehensive compensation package including a $550,000 base salary, bonus opportunities, and equity awards. Additionally, the company amended its bylaws to reduce the quorum requirement for stockholder meetings to one-third of the capital stock.

The most recent analyst rating on (QMCO) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Quantum stock, see the QMCO Stock Forecast page.

Spark’s Take on QMCO Stock

According to Spark, TipRanks’ AI Analyst, QMCO is a Neutral.

Quantum Corporation’s stock is currently rated low due to significant financial instability, poor cash flow management, and a challenging valuation environment. While technical indicators suggest a potential rebound from oversold conditions, and recent leadership changes are promising, the ongoing operational challenges, high debt levels, and negative earnings hinder its attractiveness.

To see Spark’s full report on QMCO stock, click here.

More about Quantum

Average Trading Volume: 1,662,126

Technical Sentiment Signal: Sell

Current Market Cap: $69.18M

For detailed information about QMCO stock, go to TipRanks’ Stock Analysis page.

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