NASDAQ:GLUU - Glu Mobile Stock Price, Forecast & News

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 Thomson Reuters' consensus estimate of $0.10 by $0.13. The firm earned $120.40 million during the quarter, compared to the consensus estimate of $111 million. Glu Mobile had a positive return on equity of 0.22% and a negative net margin of 0.82%. The firm's revenue for the quarter was up 19.6% compared to the same quarter last year. View Glu Mobile's Earnings History.

Glu Mobile is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Glu Mobile.

Glu Mobile will be holding an earnings conference call on Wednesday, February 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

8 Wall Street analysts have issued 1 year price targets for Glu Mobile's shares. Their forecasts range from $6.50 to $8.00. On average, they anticipate Glu Mobile's share price to reach $7.56 in the next twelve months. This suggests a possible upside of 22.6% from the stock's current price. View Analyst Price Targets for Glu Mobile.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Glu Mobile.

Press coverage about GLUU stock has trended somewhat negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Glu Mobile earned a media sentiment score of -1.7 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Glu Mobile.

Glu Mobile saw a drop in short interest in the month of December. As of December 31st, there was short interest totalling 10,000,000 shares, a drop of 7.7% from the December 15th total of 10,830,000 shares. Based on an average trading volume of 3,330,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 8.2% 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), Alibaba Group (BABA), Ciena (CIEN), Fossil Group (FOSL) and Cypress Semiconductor (CY).

Glu Mobile's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include DNB Asset Management AS (2.13%), State of Alaska Department of Revenue (0.06%) and Louisiana State Employees Retirement System (0.03%). 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 DNB Asset Management AS. Company insiders that have sold Glu Mobile company stock in the last year include Eric R Ludwig, 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 State of Alaska Department of Revenue and Louisiana State Employees Retirement System. 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 $6.17.

Glu Mobile has a market capitalization of $899.52 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]