NASDAQ:GLUU Glu Mobile Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Glu Mobile Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $7.40 +0.04 (+0.54 %) (As of 09/24/2020 12:00 AM ET) Add Compare Share Today's Range$7.21Now: $7.40▼$7.5450-Day Range$6.96MA: $7.66▼$8.3752-Week Range$3.98Now: $7.40▼$10.85Volume4.14 million shsAverage Volume4.35 million shsMarket Capitalization$1.26 billionP/E RatioN/ADividend YieldN/ABeta0.59 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Glu Mobile Inc. develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. The company publishes titles primarily in four genres, including home décor, sports and action, fashion and celebrity, and time management. It creates games based on its own brands, Blood & Glory, Contract Killer, Cooking Dash, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, QuizUp, and Tap Sports. The company also creates games based on third-party licensed brands, such as Kim Kardashian: Hollywood, MLB Tap Sports Baseball, and Restaurant Dash with Gordon Ramsay. It markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide. The company was formerly known as Sorrent, Inc. and changed its name to Glu Mobile Inc. in May 2005. Glu Mobile Inc. was founded in 2001 and is headquartered in San Francisco, California.Read More Beat the Market (BTM) Rank™ 3.4 Analyst's Opinion Consensus RatingGlu Mobile has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 9 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $9.98, Glu Mobile has a forecasted upside of 34.9% from its current price of $7.40.Amount of Analyst CoverageGlu Mobile has only been the subject of 3 research reports in the past 90 days. Previous Next 2.7 Community Rank Outperform VotesGlu Mobile has received 639 “outperform” votes. (Add your “outperform” vote.)Underperform VotesGlu Mobile has received 532 “underperform” votes. (Add your “underperform” vote.)Community SentimentGlu Mobile has received 54.57% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Glu Mobile and other stocks. Vote “Outperform” if you believe GLUU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GLUU will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldGlu Mobile does not currently pay a dividend.Dividend GrowthGlu Mobile does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Glu Mobile insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,040,255.00 in company stock.Percentage Held by InsidersOnly 7.47% of the stock of Glu Mobile is held by insiders.Percentage Held by Institutions74.08% of the stock of Glu Mobile is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Glu Mobile are expected to grow by 21.05% in the coming year, from $0.19 to $0.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Glu Mobile is -105.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Glu Mobile is -105.70, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioGlu Mobile has a PEG Ratio of 2.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioGlu Mobile has a P/B Ratio of 5.32. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.4Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.66 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Custom computer programming services Sub-IndustryHome Entertainment Software SectorConsumer Discretionary Current SymbolNASDAQ:GLUU Previous Symbol CUSIP37989010 CIK1366246 Webwww.glu.com Phone415-800-6100Debt Debt-to-Equity RatioN/A Current Ratio2.09 Quick Ratio2.09Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio38.95 P/E Growth2.44 Sales & Book Value Annual Sales$411.40 million Price / Sales3.07 Cash Flow$0.13 per share Price / Cash Flow57.50 Book Value$1.39 per share Price / Book5.32Profitability EPS (Most Recent Fiscal Year)$0.06 Net Income$8.87 million Net Margins-2.42% Return on Equity-4.61% Return on Assets-2.37%Miscellaneous Employees659 Outstanding Shares170,853,000Market Cap$1.26 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $7.40 +0.04 (+0.54 %) (As of 09/24/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive GLUU News and Ratings via Email Sign-up to receive the latest news and ratings for GLUU and its competitors with MarketBeat's FREE daily newsletter. Glu Mobile (NASDAQ:GLUU) Frequently Asked Questions How has Glu Mobile's stock price been impacted by COVID-19? Glu Mobile's stock was trading at $6.06 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GLUU shares have increased by 22.1% and is now trading at $7.40. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Glu Mobile? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Glu Mobile. When is Glu Mobile's next earnings date? Glu Mobile is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Glu Mobile. How were Glu Mobile's earnings last quarter? Glu Mobile Inc. (NASDAQ:GLUU) announced its quarterly earnings data on Tuesday, August, 4th. The company reported ($0.05) EPS for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.13. The company earned $182 million during the quarter, compared to analysts' expectations of $113.46 million. Glu Mobile had a negative net margin of 2.42% and a negative return on equity of 4.61%. Glu Mobile's revenue was up 78.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.02 EPS. View Glu Mobile's earnings history. What price target have analysts set for GLUU? 11 brokers have issued 1-year price targets for Glu Mobile's stock. Their forecasts range from $4.00 to $13.00. On average, they anticipate Glu Mobile's stock price to reach $9.98 in the next twelve months. This suggests a possible upside of 34.9% from the stock's current price. View analysts' price targets for Glu Mobile. Are investors shorting Glu Mobile? Glu Mobile saw a increase in short interest in August. As of August 31st, there was short interest totaling 14,350,000 shares, an increase of 14.7% from the August 15th total of 12,510,000 shares. Based on an average daily trading volume, of 4,560,000 shares, the days-to-cover ratio is currently 3.1 days. Approximately 9.9% of the company's shares are sold short. View Glu Mobile's Short Interest. Who are some of Glu Mobile's key competitors? 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). View all competitors. What other stocks do shareholders of Glu Mobile own? Based on aggregate information from My MarketBeat watchlists, some companies that other Glu Mobile investors own include Zynga (ZNGA), Advanced Micro Devices (AMD), Bank of America (BAC), Alibaba Group (BABA), Micron Technology (MU), NVIDIA (NVDA), Intel (INTC), Cisco Systems (CSCO), Intelsat (I) and Tesla (TSLA). Who are Glu Mobile's key executives? Glu Mobile's management team includes the following people: Mr. Niccolo M. de Masi, Exec. Chairman (Age 39)Mr. Nick Earl, Pres, CEO & Director (Age 53)Mr. Eric R. Ludwig, Exec. VP, COO & CFO (Age 50)Mr. Scott J. Leichtner, VP, Gen. Counsel & Corp. Sec. (Age 48)Mr. Christopher Akhavan, Chief Revenue Officer (Age 36) What is Glu Mobile's stock symbol? Glu Mobile trades on the NASDAQ under the ticker symbol "GLUU." Who are Glu Mobile's major shareholders? Glu Mobile's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.56%), Emerald Advisers LLC (2.23%), Shelter Haven Capital Management L.P. (1.93%), Emerald Mutual Fund Advisers Trust (2.01%), Greenhouse Funds LLLP (1.92%) and Vista Equity Partners Management LLC (1.69%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ludwig, Greg Brandeau, Hany Nada, Holdings Ltd Tencent, Masi Niccolo De, Puneet Kedia and Scott Leichtner. View institutional ownership trends for Glu Mobile. Which major investors are selling Glu Mobile stock? GLUU stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Portolan Capital Management LLC, Greenhouse Funds LLLP, MERIAN GLOBAL INVESTORS UK Ltd, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Silvercrest Asset Management Group LLC, and Globeflex Capital L P. Company insiders that have sold Glu Mobile company stock in the last year include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ludwig, Greg Brandeau, Puneet Kedia, and Scott Leichtner. View insider buying and selling activity for Glu Mobile. Which major investors are buying Glu Mobile stock? GLUU stock was acquired by a variety of institutional investors in the last quarter, including Shelter Haven Capital Management L.P., Alyeska Investment Group L.P., Ashford Capital Management Inc., Two Sigma Advisers LP, Driehaus Capital Management LLC, Vista Equity Partners Management LLC, Nordea Investment Management AB, and Grantham Mayo Van Otterloo & Co. LLC. View insider buying and selling activity for Glu Mobile. How do I buy shares of 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. What is Glu Mobile's stock price today? One share of GLUU stock can currently be purchased for approximately $7.40. How big of a company is Glu Mobile? Glu Mobile has a market capitalization of $1.26 billion and generates $411.40 million in revenue each year. The company earns $8.87 million in net income (profit) each year or $0.06 on an earnings per share basis. Glu Mobile employs 659 workers across the globe. What is Glu Mobile's official website? The official website for Glu Mobile is www.glu.com. How can I contact Glu Mobile? 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] This page was last updated on 9/25/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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