Qumu - QUMU Stock Forecast, Price & News

0 analysts have issued 12 month price objectives for Qumu's shares. Their QUMU share price forecasts range from $0.90 to $0.90. On average, they anticipate the company's share price to reach $0.90 in the next twelve months. This suggests a possible upside of 73.1% from the stock's current price.
View analysts price targets for QUMU or view top-rated stocks among Wall Street analysts.

Qumu's stock was trading at $2.12 at the start of the year. Since then, QUMU shares have decreased by 75.5% and is now trading at $0.52.
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Qumu saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 51,500 shares, a decrease of 19.4% from the October 31st total of 63,900 shares. Based on an average daily volume of 33,400 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.3% of the company's shares are short sold.
View Qumu's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our QUMU earnings forecast.

Qumu Co. (NASDAQ:QUMU) issued its earnings results on Thursday, October, 28th. The technology company reported ($0.21) earnings per share for the quarter, topping the consensus estimate of ($0.25) by $0.04. The technology company had revenue of $6.43 million for the quarter, compared to analyst estimates of $5.60 million. Qumu had a negative net margin of 58.17% and a negative trailing twelve-month return on equity of 172.41%. During the same period in the prior year, the business earned ($0.08) EPS.

4 employees have rated Qumu Chief Executive Officer TJ Kennedy on Glassdoor.com. TJ Kennedy has an approval rating of 100% among the company's employees. This puts TJ Kennedy in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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."

Qumu's stock is owned by many different retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (3.79%) and Perkins Capital Management Inc. (1.36%). Insiders that own company stock include Daniel R Fishback, Dave Ristow, Edward D Horowitz, Jason Karp, Kenan Lucas, Neil E Cox, Robert F Olson, Rose Bentley and Tj Kennedy.
View institutional ownership trends.

Shares of QUMU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of QUMU stock can currently be purchased for approximately $0.52.

Qumu (NASDAQ:QUMU) has a market capitalization of $9.32 million and generates $24.02 million in revenue each year. The technology company earns $-16,360,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis.

The company employs 102 workers across the globe.

Qumu's mailing address is 510 1ST AVENUE NORTH SUITE 305, MINNEAPOLIS MN, 55403. The official website for the company is www.qumu.com. The technology company can be reached via phone at (612) 638-9100, via email at qumu@gatewayir.com, or via fax at 952-944-7808.