Glu Mobile Stock Price, Forecast & Analysis (NASDAQ:GLUU)

Glu Mobile trades on the NASDAQ under the ticker symbol "GLUU."

Glu Mobile Inc. (NASDAQ:GLUU) issued its earnings results on Wednesday, November, 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.13. The firm had revenue of $120.40 million for the quarter, compared to analysts' expectations of $111 million. Glu Mobile had a positive return on equity of 0.22% and a negative net margin of 0.82%. The company's quarterly revenue was up 19.6% on a year-over-year basis. View Glu Mobile's Earnings History.

Glu Mobile is scheduled to release their next quarterly earnings announcement on Monday, February 3rd 2020. View Earnings Estimates for Glu Mobile.

7 brokers have issued 1 year price objectives for Glu Mobile's shares. Their forecasts range from $6.50 to $9.50. On average, they expect Glu Mobile's stock price to reach $7.79 in the next year. This suggests a possible upside of 43.4% from the stock's current price. View Analyst Price Targets for Glu Mobile.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Glu Mobile.

Headlines about GLUU stock have been trending very negative on Monday, InfoTrie reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Glu Mobile earned a daily sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for Glu Mobile.

Glu Mobile saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 10,720,000 shares, an increase of 8.3% from the September 15th total of 9,900,000 shares. Based on an average daily trading volume, of 3,850,000 shares, the short-interest ratio is currently 2.8 days. Approximately 8.8% of the company's shares are sold short. View Glu Mobile's Current Options Chain.

Some companies that are related to Glu Mobile include Activision Blizzard (ATVI), Electronic Arts (EA), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Zynga (ZNGA) and Rosetta Stone (RST).

Based on aggregate information from My MarketBeat watchlists, some companies that other Glu Mobile investors own include Bank of America (BAC), Micron Technology (MU), Zynga (ZNGA), Intelsat (I), Advanced Micro Devices (AMD), Intel (INTC), Fossil Group (FOSL), Alibaba Group (BABA), Ciena (CIEN) and Cypress Semiconductor (CY).

Glu Mobile's stock is owned by many different of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (2.34%), Emerald Advisers LLC (1.73%), Handelsbanken Fonder AB (0.96%), California Public Employees Retirement System (0.39%), Russell Investments Group Ltd. (0.33%) and Congress Asset Management Co. MA (0.20%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ball, Eric R Ludwig, Gordon S Lee, Greg Brandeau, Hany Nada, Holdings Ltd Tencent, Masi Niccolo De and Scott Leichtner. View Institutional Ownership Trends for Glu Mobile.

GLUU stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, SG Americas Securities LLC, Emerald Advisers LLC, California Public Employees Retirement System, Cetera Investment Advisers, Great West Life Assurance Co. Can, Eqis Capital Management Inc. and Lake Street Financial LLC. Company insiders that have sold Glu Mobile company stock in the last year include Benjamin T Iv Smith, Greg Brandeau, Hany Nada, Holdings Ltd Tencent, Masi Niccolo De and Scott Leichtner. View Insider Buying and Selling for Glu Mobile.

GLUU stock was bought by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Handelsbanken Fonder AB, Ibex Investors LLC, Congress Asset Management Co. MA, Russell Investments Group Ltd., FNY Investment Advisers LLC, Tower Research Capital LLC TRC and Virginia Retirement Systems ET AL. View Insider Buying and Selling for Glu Mobile.

Shares of GLUU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GLUU stock can currently be purchased for approximately $5.43.

Glu Mobile has a market capitalization of $791.64 million and generates $366.56 million in revenue each year. The company earns $-13,200,000.00 in net income (profit) each year or ($0.08) on an earnings per share basis. Glu Mobile employs 659 workers across the globe.View Additional Information About Glu Mobile.

The official website for Glu Mobile is http://www.glu.com/.

Glu Mobile's mailing address is 875 Howard Street Suite 100, San Francisco CA, 94103. The company can be reached via phone at 415-800-6100 or via email at [email protected]