Gloo (NASDAQ:GLOO) Lowered to Sell Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Gloo to “Sell” from “Hold,” although broader analyst sentiment remains more positive, with five Buy ratings, one Sell rating, and a consensus “Moderate Buy” rating with a $12 price target.
• Gloo shares opened at $3.33 and remain near their 52-week low of $2.90, while the company reported a quarterly loss of $0.25 per share, missing the expected $0.11 loss.
• Despite the earnings miss, management projects approximately $200 million in fiscal 2026 revenue and expects adjusted EBITDA profitability in the fourth quarter; insiders have also been net buyers over the past 90 days.

Gloo (NASDAQ:GLOO - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "hold" rating to a "sell" rating in a research report issued on Sunday, Wall Street Zen reports.

Other analysts also recently issued research reports about the stock. Citizens Jmp reissued a "market outperform" rating and issued a $8.00 price objective on shares of Gloo in a research note on Thursday. Benchmark upped their target price on Gloo from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Tuesday, June 9th. Lake Street Capital reduced their price target on Gloo from $12.00 to $8.00 and set a "buy" rating on the stock in a report on Thursday. Weiss Ratings raised Gloo from a "sell (e)" rating to a "sell (d-)" rating in a research note on Wednesday, August 12th. Finally, Citigroup initiated coverage on Gloo in a report on Monday, July 20th. They set an "outperform" rating for the company. Five investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Gloo currently has a consensus rating of "Moderate Buy" and a consensus price target of $12.00.

Gloo Stock Performance

Shares of GLOO opened at $3.33 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.94 and a debt-to-equity ratio of 0.11. The business's 50 day moving average price is $3.31 and its 200-day moving average price is $4.84. The stock has a market cap of $273.43 million and a P/E ratio of -0.46. Gloo has a 52 week low of $2.90 and a 52 week high of $9.98.

Gloo (NASDAQ:GLOO - Get Free Report) last released its quarterly earnings results on Wednesday, September 9th. The company reported ($0.25) EPS for the quarter, missing analysts' consensus estimates of ($0.11) by ($0.14). The company had revenue of $46.57 million for the quarter. Equities research analysts anticipate that Gloo will post -0.65 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, major shareholder Financial For Luthera Thrivent sold 10,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $3.03, for a total transaction of $30,300.00. Following the transaction, the insider owned 4,075,000 shares of the company's stock, valued at approximately $12,347,250. This represents a 0.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Scott Beck purchased 1,076,923 shares of the business's stock in a transaction dated Friday, July 10th. The shares were purchased at an average price of $3.25 per share, for a total transaction of $3,499,999.75. Following the purchase, the chief executive officer owned 1,523,309 shares of the company's stock, valued at approximately $4,950,754.25. This trade represents a 241.25% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 2,615,383 shares of company stock worth $8,499,995 and sold 458,200 shares worth $1,654,363. Company insiders own 45.23% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GLOO. EverSource Wealth Advisors LLC raised its stake in Gloo by 263.4% in the first quarter. EverSource Wealth Advisors LLC now owns 5,513 shares of the company's stock worth $27,000 after buying an additional 3,996 shares in the last quarter. Jane Street Group LLC bought a new stake in Gloo during the 4th quarter valued at $82,000. Beacon Pointe Advisors LLC purchased a new position in shares of Gloo in the 4th quarter valued at $142,000. Marshall Wace LLP purchased a new position in shares of Gloo in the 4th quarter valued at $173,000. Finally, HRT Financial LP bought a new position in shares of Gloo in the 4th quarter worth $179,000.

Key Gloo News

Here are the key news stories impacting Gloo this week:

• Positive Sentiment: Management projected approximately $200 million in fiscal 2026 revenue, above the roughly $186 million consensus estimate, and forecast third-quarter revenue of about $55 million versus expectations of $44.1 million. Gloo also expects to reach adjusted EBITDA profitability in the fourth quarter, offering a potential catalyst. Gloo revenue outlook
• Positive Sentiment: Second-quarter revenue totaled $46.57 million, reportedly up 188% year over year and above expectations, indicating continued momentum for Gloo’s applied-AI and faith-focused technology platform. Gloo second-quarter revenue growth
• Positive Sentiment: Citizens JMP reaffirmed a Market Outperform rating and an $8 price target, implying substantial upside from recent trading levels. Analyst targets remain projections, not guarantees.
• Neutral Sentiment: Reported short interest was zero shares, indicating little measurable short-selling pressure or short-squeeze potential.
• Negative Sentiment: Gloo reported a quarterly loss of $0.25 per share, substantially worse than the expected $0.11 loss. The earnings miss underscores that profitability remains a key risk despite rapid revenue growth.
• Negative Sentiment: Major shareholder Financial For Luthera Thrivent sold a combined 29,000 shares from September 8 through September 10 for approximately $91,550. The sales reduced its ownership by less than 1%, so the signal is modest, but repeated selling may weigh on sentiment.

About Gloo

Gloo's mission is to build the leading vertical technology platform for the faith and flourishing ecosystem, which we believe is one of the largest, oldest and least-digitized ecosystems in the world. Our purpose is to shape technology as a force for good, so people can flourish and communities can thrive. This is grounded in our belief that relationships catalyze growth, and when technology is used to serve relationships, it transforms lives. The faith and flourishing ecosystem is vast and, we believe, a technologically underserved vertical that includes traditional Christian (primarily Protestant and Catholic) churches and a diverse network of ministries, nonprofits and service providers.

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