QumulusAI, Inc.
QumulusAI is a computing infrastructure company based in Marietta, Georgia. Its business focuses on infrastructure for artificial intelligence computing. The company operates in the AI infrastructure sector, with its activities centered on computing infrastructure intended for artificial intelligence applications and uses.
Reads like this one publish minutes after the filing lands on EDGAR. Get them as JSON over the API or inside your AI agent over MCP.
No SEC Form 4 filings for $QMLS in the last 30 days.
See all $QMLS insider activity →B. Riley Securities kept QumulusAI's rating at Buy but reduced its price target from $11 to $9, an 18.2% decrease. This implies a 193.2% upside from the Nov 10 close of $3.07. Recent analyst price targets for QumulusAI range from $9 to $13.
Chardan Capital kept its Buy rating on QumulusAI but reduced its price target from $23 to $13, a 43.5% cut. The new target suggests a 323.5% upside from the Nov 10 close of $3.07.
QumulusAI reported $352M in new contracts for Q3, raising 2026 signings to $529M. Annualized revenue per megawatt increased to $19M-$21M. The company has 5.45MW of secured but non-billing capacity, with most expected online by Q1 2027. Q3 operating cash flow was $32M positive, with $100M in capex. QumulusAI reaffirmed 18MW capacity and $300M forward ARR targets for year-end. The company uses customer deposits and equipment financing for deployments.
Over the past 7 days, AlphAI's AI scored 8 news stories mentioning QMLS (QumulusAI, Inc.). Coverage has skewed bullish: 6 bullish, 0 neutral, and 2 bearish.
Recent QMLS coverage spans financial news, earnings and corporate actions.
B. Riley Securities kept QumulusAI's rating at Buy but reduced its price target from $11 to $9, an 18.2% decrease. This implies a 193.2% upside from the Nov 10 close of $3.07. Recent analyst price targets for QumulusAI range from $9 to $13.
Chardan Capital kept its Buy rating on QumulusAI but reduced its price target from $23 to $13, a 43.5% cut. The new target suggests a 323.5% upside from the Nov 10 close of $3.07.
Positive earnings call with new contract wins and reaffirmed guidance suggests upside potential.
Earnings miss likely triggers sell pressure.
Earnings beat and strong contract backlog likely lift the stock.
AlphAI scores every news story that mentions QMLS with an AI model for sentiment and relevance, and aggregates insider trades from QumulusAI, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
B. Riley Securities kept QumulusAI's rating at Buy but reduced its price target from $11 to $9, an 18.2% decrease. This implies a 193.2% upside from the Nov 10 close of $3.07. Recent analyst price targets for QumulusAI range from $9 to $13.
Chardan Capital kept its Buy rating on QumulusAI but reduced its price target from $23 to $13, a 43.5% cut. The new target suggests a 323.5% upside from the Nov 10 close of $3.07.
QumulusAI reported $352M in new contracts for Q3, raising 2026 signings to $529M. Annualized revenue per megawatt increased to $19M-$21M. The company has 5.45MW of secured but non-billing capacity, with most expected online by Q1 2027. Q3 operating cash flow was $32M positive, with $100M in capex. QumulusAI reaffirmed 18MW capacity and $300M forward ARR targets for year-end. The company uses customer deposits and equipment financing for deployments.
QumulusAI, Inc. (QMLS) reported Q3 GAAP EPS of -$0.43, missing estimates by $0.16. Revenue was $14.8M, up 377.4% Y/Y but $0.6M below expectations. The company's results highlight financial performance and growth in AI capacity.
QumulusAI, Inc. (QMLS) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 QumulusAI Reports Third Quarter 2026 Results Quarterly revenue reaches $14.8 million, doubling sequentially for the second straight quarter; cumulative signed customer contract value surpasses $500 million. ATLANTA, November 10, 2026 — QumulusAI (Nasdaq: QMLS), a neo
QumulusAI (QMLS) signed a 5-year colocation agreement for 1.2 MW in Denver, with automatic renewal terms. The capacity is expected to be ready in Q1 2027. The company will fund the agreement from existing cash flows. QumulusAI is a distributed AI cloud platform.
QumulusAI has signed a five-year colocation agreement for a 0.5 MW data center in Columbia, South Carolina, with service expected to begin December 21, 2026. The company will fund the upfront costs with cash from existing capacity. According to CEO Michael Maniscalco, this deal expands their distributed data center footprint and demonstrates their ability to deploy GPU compute quickly.
QumulusAI (QMLS) increased its lease financing with TFC to $123.6M from $26.0M to fund NVIDIA Blackwell GPUs, using a capital-light model with no new equity.
B. Riley Securities initiated coverage of QumulusAI with a Buy rating and $11 price target, implying 209% upside from $3.56 close. The company's GPU-as-a-service model offers high revenue visibility via long-term contracts and rapid deployment, with $523.4M in signed contract value.
QumulusAI (QMLS) announced all 11.75 MW of its contracted computing capacity is sold, with 7 MW active and generating revenue. 1 MW will be handed off by month-end, and 3.75 MW is scheduled for early 2027. The contracts represent $209 million in annual recurring revenue. The company's signed customer contracts total $523.4 million, up 85% from Q2 2026.
