NASDAQ:QUMUQumu Stock Price, Forecast & News

Qumu's stock was trading at $1.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, QUMU stock has increased by 176.3% and is now trading at $4.42. 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) released its quarterly earnings results on Tuesday, May, 5th. The technology company reported ($0.21) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.09. The technology company had revenue of $6.23 million for the quarter. Qumu had a negative return on equity of 111.64% and a negative net margin of 33.34%. 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 brokers 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 stock price to reach $4.00 in the next year. This suggests that the stock has a possible downside of 9.5%. View analysts' price targets for Qumu.

Press coverage about QUMU stock has trended negative this week, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Qumu earned a news impact score of -2.2 on InfoTrie's scale. They also assigned headlines about the technology company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the near term. View the latest news about Qumu.

Some companies that are related to Qumu include Red Violet (RDVT), Kura Sushi USA (WIMI), MiX Telematics (MIXT), Smith Micro Software (SMSI), MTBC (MTBC), DIRTT Environmental (DRTT), SharpSpring (SHSP), Audioeye (AEYE), Cyren (CYRN), Aware (AWRE), Inspired Entertainment (INSE), Great Elm Capital Group (GEC), ImageWare Systems (IWSY), Where Food Comes From (WFCF) and Astea International (ATEA). 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 $4.42.

Qumu has a market capitalization of $59.80 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]