Qumu - QUMU Stock Forecast, Price & News

0 Wall Street analysts have issued 1-year target prices for Qumu's stock. Their QUMU share price forecasts range from $0.90 to $0.90. On average, they predict the company's share price to reach $0.90 in the next year. This suggests a possible upside of 76.5% 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 on January 1st, 2022. Since then, QUMU shares have decreased by 75.9% and is now trading at $0.5099.
View the best growth stocks for 2022 here.

Qumu saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 51,500 shares, a drop of 19.4% from the October 31st total of 63,900 shares. Based on an average daily trading volume, of 33,400 shares, the days-to-cover ratio is presently 1.5 days. Approximately 0.3% of the shares of the stock 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) posted its earnings results on Thursday, October, 28th. The technology company reported ($0.21) earnings per share for the quarter, topping analysts' consensus estimates of ($0.25) by $0.04. The technology company earned $6.43 million during the quarter, compared to analysts' expectations of $5.60 million. Qumu had a negative trailing twelve-month return on equity of 172.41% and a negative net margin of 58.17%. During the same quarter in the previous year, the firm earned ($0.08) earnings per share.

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 a variety of institutional and retail 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 $0.51.

Qumu (NASDAQ:QUMU) has a market capitalization of $9.15 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.