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

Glu Mobile's stock was trading at $6.06 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, GLUU shares have increased by 2.8% and is now trading at $6.23. 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) released its quarterly earnings data 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 company had revenue of $108.40 million for the quarter, compared to the consensus estimate of $103.64 million. Glu Mobile had a return on equity of 5.63% and a net margin of 2.16%. The company's revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.01) EPS. View Glu Mobile's earnings history.

11 equities research analysts have issued 1 year price objectives for Glu Mobile's stock. Their forecasts range from $6.50 to $9.00. On average, they anticipate Glu Mobile's stock price to reach $7.84 in the next twelve months. This suggests a possible upside of 25.9% from the stock's current price. View analysts' price targets for Glu Mobile.

News headlines about GLUU stock have been trending very negative on Thursday, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Glu Mobile earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. 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 trading volume of 3,087,800 shares, the short-interest ratio is presently 4.2 days. Currently, 10.3% of the company's stock 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 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 $6.23.

Glu Mobile has a market capitalization of $934.70 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]