Data Storage (DTST) Projected to Announce Quarterly Earnings on Thursday

Data Storage (NASDAQ:DTST) will likely be releasing its Q2 2026 results before the market opens on Thursday, August 13th. Analysts expect the company to post earnings of ($0.29) per share and revenue of $0.40 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, August 14, 2026 at 11:00 AM ET.

Data Storage (NASDAQ:DTST) last released its earnings results on Friday, May 15th. The company reported ($0.25) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.34) by $0.09. The company had revenue of $0.35 million during the quarter, compared to analysts’ expectations of $0.40 million.

Data Storage Stock Up 8.7%

Shares of DTST stock opened at $3.48 on Wednesday. The company has a 50 day moving average of $3.33 and a 200-day moving average of $3.82. Data Storage has a 12-month low of $2.85 and a 12-month high of $5.15. The firm has a market cap of $8.14 million, a P/E ratio of -10.55 and a beta of 1.15.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Data Storage in a research report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Insider Activity at Data Storage

In related news, CEO Charles M. Piluso sold 32,610 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $3.82, for a total transaction of $124,570.20. Following the sale, the chief executive officer directly owned 223,074 shares in the company, valued at approximately $852,142.68. This represents a 12.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 86,958 shares of company stock worth $333,310. Corporate insiders own 21.20% of the company’s stock.

Hedge Funds Weigh In On Data Storage

A number of large investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its position in shares of Data Storage by 15.1% in the third quarter. Dimensional Fund Advisors LP now owns 37,574 shares of the company’s stock valued at $162,000 after purchasing an additional 4,920 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Data Storage during the 3rd quarter worth about $186,000. Renaissance Technologies LLC lifted its holdings in Data Storage by 54.8% during the 4th quarter. Renaissance Technologies LLC now owns 136,100 shares of the company’s stock worth $697,000 after purchasing an additional 48,200 shares in the last quarter. Rothschild Wealth LLC bought a new position in Data Storage in the 4th quarter worth about $205,000. Finally, Zacks Investment Management bought a new position in Data Storage in the 4th quarter worth about $83,000. 11.56% of the stock is owned by institutional investors.

About Data Storage

Data Storage Corporation provides data management and cloud solutions in the United States and internationally. It offers a suite of multi-cloud IT solutions, including cyber security solutions, which comprise ezSecurity, a security solution for endpoint security, system assessments, and risk analysis, as well as IBM system protection, including Ransomware defense. The company also provides data protection and recovery solutions, such as ezVault for offsite data protection; ezRecovery for fast data recovery; ezAvailability for real-time data replication with minimal recovery objectives; and ezMirror for data mirroring at the storage level.