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

Glu Mobile's stock was trading at $6.06 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GLUU shares have decreased by 1.2% and is now trading at $5.99. View which stocks have been mosted impacted by Coronavirus.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glu Mobile in the last year. There are currently 1 hold rating and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Glu Mobile.

Glu Mobile is scheduled to release its next quarterly earnings announcement on Monday, May 4th 2020. View our earnings forecast for Glu Mobile.

Glu Mobile Inc. (NASDAQ:GLUU) announced its earnings results on Wednesday, February, 5th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.05 by $0.02. The business earned $108.40 million during the quarter, compared to analyst estimates of $103.64 million. Glu Mobile had a net margin of 2.16% and a return on equity of 5.63%. The business's quarterly revenue was up 10.4% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.01) earnings per share. View Glu Mobile's earnings history.

11 Wall Street analysts have issued 12-month price objectives for Glu Mobile's shares. Their forecasts range from $6.50 to $9.00. On average, they expect Glu Mobile's share price to reach $7.84 in the next twelve months. This suggests a possible upside of 30.9% from the stock's current price. View analysts' price targets for Glu Mobile.

News coverage about GLUU stock has trended very negative this week, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Glu Mobile earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutGlu Mobile.

Glu Mobile saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 12,881,100 shares, an increase of 16.3% from the February 27th total of 11,080,000 shares. Based on an average daily trading volume, of 3,087,800 shares, the days-to-cover ratio is presently 4.2 days. Currently, 10.3% of the shares of the company are short sold. 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 Zynga (ZNGA), Bank of America (BAC), Micron Technology (MU), Advanced Micro Devices (AMD), Intelsat (I), AMC Entertainment (AMC), Alibaba Group (BABA), Ciena (CIEN), Fossil Group (FOSL) and AT&T (T).

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

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 $5.99.

Glu Mobile has a market capitalization of $898.68 million 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. 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]