▼ -3.74% Downside Potential
This price target is based on 2 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 -3.74% upside from the last price of $8.83.
The current consensus among 2 contributing investment analysts is to buy stock in Qumu. This rating has held steady since November 2019, when it changed from a Hold consensus rating.
Qumu Corporation provides tools to create, manage, secure, distribute, and deliver live and on-demand video content for the enterprises. It offers an end-to-end video creation, management, and delivery solution through the sale of software licenses and hardware, software on server appliance, software-enabled devices, and a cloud-hosted software-as-a-service platform. The company also provides maintenance and support, professional, and other services. The company markets its products to customers in the banking, finance and insurance, manufacturing, services and consulting, telecom and technology, and biotech and health care markets, as well as to 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.