QuinStreet (NASDAQ:QNST) Releases Quarterly Earnings Results, Beats Estimates By $0.13 EPS

QuinStreet (NASDAQ:QNST) announced its quarterly earnings results on Thursday. The technology company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.13, FiscalAI reports. The firm had revenue of $285.85 million for the quarter, compared to analyst estimates of $279.73 million. QuinStreet had a net margin of 0.43% and a return on equity of 4.56%. The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.22 earnings per share. QuinStreet updated its FY 2026 guidance to EPS and its Q2 2026 guidance to EPS.

QuinStreet Price Performance

NASDAQ QNST traded down $0.08 on Friday, reaching $13.79. The stock had a trading volume of 895,216 shares, compared to its average volume of 588,715. The company has a market cap of $792.35 million, a P/E ratio of 153.26 and a beta of 0.77. The firm has a fifty day moving average of $15.32 and a two-hundred day moving average of $15.71. QuinStreet has a 1-year low of $13.53 and a 1-year high of $25.50.

Analyst Upgrades and Downgrades

QNST has been the topic of several analyst reports. Wall Street Zen raised shares of QuinStreet from a “hold” rating to a “buy” rating in a research report on Friday, September 26th. Lake Street Capital dropped their target price on shares of QuinStreet from $19.00 to $18.00 and set a “hold” rating on the stock in a report on Friday, August 8th. Barrington Research set a $24.00 price target on QuinStreet in a report on Wednesday, October 22nd. Weiss Ratings reissued a “sell (d+)” rating on shares of QuinStreet in a research report on Wednesday, October 8th. Finally, B. Riley cut their price objective on QuinStreet from $28.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, QuinStreet has an average rating of “Hold” and an average price target of $24.50.

Institutional Trading of QuinStreet

Several hedge funds and other institutional investors have recently bought and sold shares of QNST. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of QuinStreet by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,983 shares of the technology company’s stock valued at $571,000 after buying an additional 1,381 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in QuinStreet by 1.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 113,366 shares of the technology company’s stock valued at $2,022,000 after acquiring an additional 2,135 shares in the last quarter. Captrust Financial Advisors lifted its position in shares of QuinStreet by 1.7% during the 2nd quarter. Captrust Financial Advisors now owns 173,302 shares of the technology company’s stock valued at $2,790,000 after acquiring an additional 2,928 shares during the period. Caxton Associates LLP grew its holdings in shares of QuinStreet by 31.0% during the 2nd quarter. Caxton Associates LLP now owns 21,960 shares of the technology company’s stock worth $354,000 after purchasing an additional 5,201 shares in the last quarter. Finally, Lazard Asset Management LLC increased its position in shares of QuinStreet by 225.4% in the second quarter. Lazard Asset Management LLC now owns 12,008 shares of the technology company’s stock worth $193,000 after purchasing an additional 8,318 shares during the period. Institutional investors and hedge funds own 97.83% of the company’s stock.

About QuinStreet

QuinStreet, Inc, an online performance marketing company, provides customer acquisition services for its clients in the United States and internationally. The company offers online marketing services, such as qualified clicks, leads, calls, applications, and customers through its websites or third-party publishers.