QuinStreet (NASDAQ:QNST) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of QuinStreet (NASDAQ:QNST) from a buy rating to a hold rating in a report released on Saturday morning.

A number of other equities research analysts have also recently issued reports on the company. B. Riley Financial upgraded QuinStreet to a “strong-buy” rating in a report on Thursday, April 2nd. Weiss Ratings upgraded QuinStreet from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, April 29th. Barrington Research reissued an “outperform” rating and set a $24.00 price target on shares of QuinStreet in a report on Friday, February 6th. Northland Securities initiated coverage on QuinStreet in a research note on Tuesday, March 17th. They issued an “outperform” rating and a $17.00 price target for the company. Finally, Lake Street Capital set a $15.00 price objective on QuinStreet in a report on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $20.50.

QuinStreet Price Performance

Shares of QNST opened at $13.21 on Friday. The firm has a market capitalization of $752.84 million, a PE ratio of 11.59 and a beta of 0.72. The company’s 50-day moving average is $12.29 and its 200-day moving average is $13.31. QuinStreet has a fifty-two week low of $10.28 and a fifty-two week high of $17.13.

QuinStreet (NASDAQ:QNST) last announced its earnings results on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.17 by $0.14. The business had revenue of $346.14 million during the quarter, compared to the consensus estimate of $336.22 million. QuinStreet had a net margin of 5.53% and a return on equity of 10.44%. QuinStreet’s revenue was up 28.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 EPS. Analysts predict that QuinStreet will post 0.63 earnings per share for the current fiscal year.

Institutional Trading of QuinStreet

Several large investors have recently modified their holdings of the stock. PNC Financial Services Group Inc. increased its position in shares of QuinStreet by 54.4% in the first quarter. PNC Financial Services Group Inc. now owns 3,027 shares of the technology company’s stock worth $36,000 after purchasing an additional 1,066 shares during the period. Farther Finance Advisors LLC lifted its position in QuinStreet by 10.2% during the fourth quarter. Farther Finance Advisors LLC now owns 7,896 shares of the technology company’s stock worth $113,000 after purchasing an additional 730 shares during the period. Tripletail Wealth Management LLC grew its stake in QuinStreet by 35.2% during the fourth quarter. Tripletail Wealth Management LLC now owns 9,290 shares of the technology company’s stock worth $133,000 after buying an additional 2,420 shares in the last quarter. FJ Capital Management LLC acquired a new stake in QuinStreet during the third quarter worth about $135,000. Finally, MQS Management LLC bought a new position in QuinStreet in the 4th quarter valued at about $159,000. 97.83% of the stock is owned by institutional investors and hedge funds.

More QuinStreet News

Here are the key news stories impacting QuinStreet this week:

• Positive Sentiment: QuinStreet posted record Q3 fiscal 2026 revenue of $346.1 million, up 28% year over year, and adjusted EPS of $0.31, topping expectations in the company’s earnings release. QuinStreet Reports Record Results for Third Quarter Fiscal 2026
• Positive Sentiment: The company issued upbeat fourth-quarter guidance calling for revenue of $350 million to $370 million and adjusted EBITDA of $37 million to $43 million, suggesting continued growth momentum. QuinStreet expects Q4 revenue of $350M-$370M with adjusted EBITDA of $37M-$43M as AI initiatives expand
• Positive Sentiment: Management highlighted expanding AI initiatives, which may support operating efficiency and future marketplace growth. QuinStreet Inc (QNST) Q3 2026 Earnings Call Highlights: Record Revenue and Strategic AI …
• Neutral Sentiment: Despite the strong revenue and guidance, adjusted EPS was only slightly above or near consensus depending on the source, while some summaries noted a small earnings miss versus estimates. QuinStreet (QNST) Q3 Earnings Miss Estimates

About QuinStreet

QuinStreet, Inc operates a technology-based performance marketing platform that connects companies with prospective customers across multiple verticals. The company specializes in data-driven lead generation for financial services, education, insurance, healthcare, and home services firms. By leveraging proprietary targeting algorithms and real-time analytics, QuinStreet manages customized digital marketing campaigns to optimize customer acquisition and retention for its clients.

Through a portfolio of consumer-facing websites and comparison platforms, QuinStreet delivers targeted visitors who are actively researching products and services.