NASDAQ:QUMUQumu Stock Price, Forecast & News

Qumu's stock was trading at $1.60 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, QUMU shares have increased by 230.0% and is now trading at $5.28. View which stocks have been most impacted by Coronavirus.

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

Qumu is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Qumu.

Qumu Corp (NASDAQ:QUMU) posted its quarterly earnings data on Tuesday, May, 5th. The technology company reported ($0.21) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.09. The technology company earned $6.23 million during the quarter. Qumu had a negative net margin of 33.34% and a negative return on equity of 111.64%. View Qumu's earnings history.

Qumu updated its FY 2020 After-Hours earnings guidance on Tuesday, May, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $28-28 million, compared to the consensus revenue estimate of $27.44 million.

2 brokerages have issued twelve-month target prices for Qumu's stock. Their forecasts range from $4.00 to $4.00. On average, they expect Qumu's share price to reach $4.00 in the next twelve months. This suggests that the stock has a possible downside of 24.2%. View analysts' price targets for Qumu.

Media headlines about QUMU stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Qumu earned a news sentiment score of 1.3 on InfoTrie's scale. They also assigned news headlines about the technology 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 term. View the latest news about Qumu.

Some companies that are related to Qumu include Xunlei (XNET), Shotspotter (SSTI), MiX Telematics (MIXT), Red Violet (RDVT), Smith Micro Software (SMSI), MTBC (MTBC), SharpSpring (SHSP), Audioeye (AEYE), DIRTT Environmental (DRTT), Inspired Entertainment (INSE), Cyren (CYRN), Aware (AWRE), Great Elm Capital Group (GEC), ImageWare Systems (IWSY) and Mobivity (MFON). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Qumu investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Gran Tierra Energy (GTE), Transocean (RIG) and Zoetis (ZTS).

Qumu trades on the NASDAQ under the ticker symbol "QUMU."

Shares of QUMU 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 QUMU stock can currently be purchased for approximately $5.28.

Qumu has a market capitalization of $71.44 million and generates $25.36 million in revenue each year. The technology company earns $-6,440,000.00 in net income (profit) each year or ($0.46) on an earnings per share basis. Qumu employs 97 workers across the globe.

The official website for Qumu is www.qumu.com.

Qumu's mailing address is 510 1ST AVENUE NORTH SUITE 305, MINNEAPOLIS MN, 55403. The technology company can be reached via phone at 612-638-9100 or via email at [email protected]