QuinStreet Inc. Common Stock (QNST)

Turnaround

FairStock Score: 71/100 — STEADY

Key Financials

Current Price$16.52
Market Cap$943M
P/E Ratio11.8
ROE28.65%
Dividend Yield—%
SectorCommunication Services

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

QuinStreet is a performance-marketing intermediary that helps financial and home-services clients acquire customers online. Its economic moat is narrow at best: clients can move budgets to other lead generators, and traffic sources and search platforms influence costs. Scale, data, and long-standing relationships help, but this is not a toll bridge. At the close on 2026-10-13, the shares were $15.76 and market cap $899.7M. FairStock's calculations show P/E 11.26, P/B 2.76, FCF yield 13.0% on $117.0M trailing free cash flow, debt/equity 0.24, and beta 0.70. A Piotroski score of 8/9 and ROE 28.65% are encouraging. Yet ROCE is only 4.73%, Altman Z is 1.97, and the Graham Number is $13.42, giving a FairStock margin of safety of -17.44%. Filed results show a genuine turnaround: in fiscal 2024, the year ended 2024-06-30, revenue was $613.5M and net loss $31.3M, or -$0.57 per diluted share; in fiscal 2025, the year ended 2025-06-30, revenue was $1.1B, net income $4.7M, or $0.08; in fiscal 2026, the year ended 2026-06-30, revenue was $1.3B, net income $81.2M, or $1.40. But profit is lumpy: in fiscal Q2 2026, the quarter ended 2025-12-31, net income was $50.2M, while in fiscal Q3 2026, the quarter ended 2026-03-31, net income was $7.4M. FairStock's Lynch category is TURNAROUND — Returned to profit after a loss within the last 3 years. At 11x earnings and a 13% FCF yield, the price may already discount skepticism, but I would demand a larger margin of safety before calling it a classic Graham bargain.

In plain English: QuinStreet helps financial and home-services companies find customers online through leads, clicks, calls, and applications. After losing money a few years ago, the company has returned to profit and generates a meaningful amount of cash, but its quarterly profits have been uneven. At $15.76, the stock looks reasonably priced against its recent profits but is above a conservative value estimate, so it screens as fair-to-slightly-cheap rather than deeply discounted.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q3 2026 10-Q (period ended 2026-03-31) · fiscal Q2 2026 10-Q (period ended 2025-12-31) · fiscal Q1 2026 10-Q (period ended 2025-09-30) · fiscal Q3 2025 10-Q (period ended 2025-03-31) · FY2026 10-K (period ended 2026-06-30) · FY2025 10-K (period ended 2025-06-30) · FY2024 10-K (period ended 2024-06-30)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer