▲ +84.78% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Qumu in the last 3 months. The average price target is $8.50, with a high forecast of $12.00 and a low forecast of $5.00. The average price target represents a 84.78% upside from the last price of $4.60.
The current consensus among 3 polled investment analysts is to buy stock in Qumu. This rating has held steady since October 2019, when it changed from a Hold consensus rating.
Qumu Corporation provides tools to create, manage, secure, distribute, and measure live and on-demand video content for the enterprises. It offers software on a license, cloud-hosted software as a service, or term software license basis; and sells third-party hardware appliances, as well as provides maintenance and support, and professional and other services. The company's platform provides video capture services; video content management services, such as creation and editing, analytics, automated workflows, security and access control, and speech search; and extensions and add-ons. It serves the banking, finance and insurance, manufacturing, services and consulting, telecom and technology, and biotech and health care markets, as well as government customers through direct sales and channel partners in North America, Europe, and Asia. The company was formerly known as Rimage Corporation and changed its name to Qumu Corporation in September 2013. Qumu Corporation was founded in 1978 and is headquartered in Minneapolis, Minnesota.