QuinStreet shares surge 26.58% after-hours as Homebody acquisition boosts revenue and EBITDA outlook.

QuinStreet surged 26.58% in after-hours trading following its Q2 2026 earnings call, which highlighted record revenue of $287.8 million, exceeding guidance, and a strategic acquisition of Homebody. The Homebody acquisition expanded QuinStreet’s home services market, boosting its annualized run rate to $400–500 million and adding $30 million+ in projected adjusted EBITDA. Management also reiterated strong full-year revenue and margin expansion goals, including a 10% quarterly adjusted EBITDA margin target, while addressing AI concerns as overblown and emphasizing proprietary data advantages. The rally aligns with the company’s outperforming financial results, strategic growth via acquisition, and optimistic outlook, overshadowing a downgraded price target from Lake Street.