Qualstar (QBAK)
OTHER OTC:QBAK
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Qualstar
(OTC:QBAK)
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Rating:51Neutral
Price Target:
$11.50
▼(-40.78% Downside)
Action:ReiteratedDate:04/08/26
The score is held up mainly by balance-sheet strength and improved (but volatile) recent cash generation, but it is pressured by shrinking revenue and ongoing negative operating profit. Technicals are a major headwind with strong downside momentum, and valuation is unattractive/unclear due to a negative P/E and no dividend support.
Positive Factors
Balance sheet strength
Low leverage and solid capitalization provide structural financial flexibility, allowing Qualstar to fund R&D, support product rollouts, and withstand cyclical demand. A strong balance sheet reduces refinancing risk and sustains operations during multi-quarter revenue softness.
Negative Factors
Shrinking revenue
Two consecutive years of revenue decline indicate weakening demand or lost share in core tape library markets, reducing economies of scale and limiting the firm's ability to invest in product development and sales. Continued top-line contraction pressures long-term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
Low leverage and solid capitalization provide structural financial flexibility, allowing Qualstar to fund R&D, support product rollouts, and withstand cyclical demand. A strong balance sheet reduces refinancing risk and sustains operations during multi-quarter revenue softness.
Read all positive factors
Qualstar (QBAK) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$21.20M
Dividend YieldN/A
Average Volume (3M)2.59K
Price to Earnings (P/E)―
Beta (1Y)0.36
Revenue Growth-24.16%
EPS GrowthN/A
CountryUS
Employees15
SectorIndustrials
Sector Strength72
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)-0.39
Shares Outstanding1,884,033
10 Day Avg. Volume780
30 Day Avg. Volume2,586
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.92
Enterprise Value/Revenue2.97
Enterprise Value/Gross Profit9.86
Enterprise Value/Ebitda-58.78
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Qualstar Business Overview & Revenue Model
Company Description
Qualstar Corporation engages in power solutions and data storage systems businesses worldwide. The company operates through two segments, Power Solutions and Data Storage Systems. It provides data storage systems under the Qualstar brand and power...
How the Company Makes Money
Qualstar makes money primarily by selling its data storage hardware products, particularly tape library systems and related storage solutions, to customers that need cost-effective backup and archival infrastructure. Revenue is generated from prod...
Qualstar Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
78
Positive
Cash Flow
57
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.59M | 8.04M | 10.62M | 9.85M | 9.16M |
| Gross Profit | 1.91M | 2.46M | 3.28M | 2.66M | 2.72M |
| EBITDA | -333.00K | -444.00K | 177.00K | 135.00K | 466.00K |
| Net Income | 70.00K | -471.00K | 191.00K | 55.00K | 430.00K |
Balance Sheet | |||||
| Total Assets | 6.52M | 6.72M | 8.05M | 8.10M | 8.69M |
| Cash, Cash Equivalents and Short-Term Investments | 2.81M | 2.44M | 2.42M | 2.80M | 4.20M |
| Total Debt | 245.00K | 382.00K | 95.00K | 260.00K | 321.00K |
| Total Liabilities | 1.90M | 2.15M | 3.04M | 2.75M | 2.83M |
| Stockholders Equity | 4.62M | 4.58M | 5.01M | 5.34M | 5.86M |
Cash Flow | |||||
| Free Cash Flow | 316.00K | 222.00K | 131.00K | -832.00K | -124.00K |
| Operating Cash Flow | 316.00K | 222.00K | 138.00K | -831.00K | -68.00K |
| Investing Cash Flow | -633.00K | 49.00K | -108.00K | -26.00K | -56.00K |
| Financing Cash Flow | -218.00K | -143.00K | -522.00K | -571.00K | 62.00K |
Qualstar Technical Analysis
Negative
19.42
Price Trends
17.81
Negative
17.96
Negative
14.60
Negative
Market Momentum
-1.89
Positive
9.78
Positive
12.98
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For QBAK, the sentiment is Negative. The current price of 19.42 is above the 20-day moving average (MA) of 15.76, above the 50-day MA of 17.81, and above the 200-day MA of 14.60, indicating a bearish trend. The MACD of -1.89 indicates Positive momentum. The RSI at 9.78 is Positive, neither overbought nor oversold. The STOCH value of 12.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for QBAK.
Qualstar Risk Analysis
Qualstar disclosed 20 risk factors in its most recent earnings report. Qualstar reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Qualstar Peers Comparison
UnderperformOutperform
Sector (63)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | $38.75M | 83.09 | -39.87% | ― | -12.77% | 23.37% | |
51 Neutral | $21.20M | -12.37 | 12.34% | ― | -24.16% | ― | |
46 Neutral | $27.74M | -6.66 | -18.81% | ― | ― | ― | |
44 Neutral | $36.03M | -2.67 | -91.56% | ― | -69.65% | 11.41% | |
40 Underperform | $4.71M | -0.51 | -119.92% | ― | -44.32% | -49.47% |
* Industrials Sector Average
QBAK
Qualstar
11.25
5.25
87.50%
OESX
Orion Energy Systems
9.56
2.46
34.65%
IPWR
Ideal Power
2.98
-1.05
-26.05%
PPSI
Pioneer Power Solutions
2.50
0.08
3.31%
POLA
Polar Power
1.77
-0.25
-12.38%
RAYA
Erayak Power Solution Group Incorporation Class A
0.46
-267.94
-99.83%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.