NASDAQ:GLUUGlu 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 increased by 73.3% and is now trading at $10.50. View which stocks have been most impacted by Coronavirus.

12 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 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 Tuesday, August 4th 2020. View our earnings forecast for Glu Mobile.

Glu Mobile will be holding an earnings conference call on Tuesday, August 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Glu Mobile Inc. (NASDAQ:GLUU) posted its earnings results on Thursday, May, 7th. The company reported ($0.06) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.01. The firm had revenue of $107.30 million for the quarter, compared to analysts' expectations of $96.75 million. Glu Mobile had a positive return on equity of 0.37% and a negative net margin of 0.02%. The firm's revenue for the quarter was up 11.9% compared to the same quarter last year. View Glu Mobile's earnings history.

12 analysts have issued 12 month price targets for Glu Mobile's stock. Their forecasts range from $4.00 to $13.00. On average, they expect Glu Mobile's stock price to reach $9.06 in the next twelve months. This suggests that the stock has a possible downside of 13.7%. View analysts' price targets for Glu Mobile.

News stories about GLUU stock have trended somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Glu Mobile earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Glu Mobile.

Glu Mobile saw a increase in short interest in June. As of June 30th, there was short interest totaling 9,680,000 shares, an increase of 64.3% from the June 15th total of 5,890,000 shares. Based on an average daily trading volume, of 4,200,000 shares, the days-to-cover ratio is presently 2.3 days. Currently, 7.0% of the company's shares 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). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Glu Mobile investors own include Zynga (ZNGA), Bank of America (BAC), Advanced Micro Devices (AMD), Micron Technology (MU), Intelsat (I), Alibaba Group (BABA), AMC Entertainment (AMC), Netflix (NFLX), Intel (INTC) and AT&T (T).

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

Glu Mobile's stock is owned by a number of institutional and retail investors. Top institutional investors include DNB Asset Management AS (0.85%) and Envestnet Asset Management Inc. (0.03%). Company insiders that own Glu Mobile stock include Ann Mather, Benjamin T Iv Smith, Chris Akhavan, Eric R Ball, 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.

GLUU stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, and Envestnet Asset Management Inc.. 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.

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 $10.50.

Glu Mobile has a market capitalization of $1.59 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.

The official website for Glu Mobile is 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]