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 (WHO). Since then, QUMU stock has increased by 56.9% and is now trading at $2.51. 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 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." 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 results on Tuesday, May, 5th. The technology company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.12) by $0.09. The technology company had revenue of $6.23 million for 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 Wall Street analysts have issued twelve-month target prices for Qumu's shares. Their forecasts range from $2.24 to $2.24. On average, they anticipate Qumu's share price to reach $2.24 in the next twelve months. This suggests that the stock has a possible downside of 10.8%. View analysts' price targets for Qumu.

Media coverage about QUMU stock has been trending very negative on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Qumu earned a daily sentiment score of -3.0 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news aboutQumu.

Some companies that are related to Qumu include SharpSpring (SHSP), DIRTT Environmental (DRTT), MTBC (MTBC), Aware (AWRE), Audioeye (AEYE), Inspired Entertainment (INSE), Cyren (CYRN), ImageWare Systems (IWSY), Great Elm Capital Group (GEC), Astea International (ATEA), Mobivity (MFON), Where Food Comes From (WFCF), Datasea (DTSS), NetSol Technologies (NTWK) and Rego Payment Architectures (RPMT). 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."

Qumu's stock is owned by a variety of retail and institutional investors. Top institutional investors include Fondren Management LP (6.25%), Perkins Capital Management Inc. (3.01%), BlackRock Inc. (2.22%), White Pine Capital LLC (0.90%), Raffles Associates LP (0.74%) and Essex Investment Management Co. LLC (0.39%). Company insiders that own Qumu stock include Dave Ristow, Discovery Fund Lp Harbert, Edward D Horowitz, Harbert Discovery Fund Gp, Llc and Vern Hanzlik. View institutional ownership trends for Qumu.

QUMU stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC, and Perkins Capital Management Inc.. View insider buying and selling activity for Qumu.

QUMU stock was acquired by a variety of institutional investors in the last quarter, including Fondren Management LP, Raffles Associates LP, White Pine Capital LLC, and BlackRock Inc.. Company insiders that have bought Qumu stock in the last two years include Dave Ristow, Discovery Fund Lp Harbert, Edward D Horowitz, Harbert Discovery Fund Gp, Llc, and Vern Hanzlik. View insider buying and selling activity for 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 $2.51.

Qumu has a market capitalization of $33.96 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]