Benchmark Issues Positive Forecast for Gloo (NASDAQ:GLOO) Stock Price

Gloo (NASDAQ:GLOO) had its target price upped by equities researchers at Benchmark from $14.00 to $15.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Benchmark’s price objective would suggest a potential upside of 199.10% from the company’s current price.

Several other research firms have also issued reports on GLOO. Wall Street Zen lowered shares of Gloo from a “hold” rating to a “sell” rating in a research note on Saturday, May 23rd. Weiss Ratings raised shares of Gloo from a “sell (e-)” rating to a “sell (e)” rating in a report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $16.00.

Gloo Stock Down 1.3%

Shares of Gloo stock traded down $0.07 during trading on Tuesday, reaching $5.02. 215,267 shares of the company traded hands, compared to its average volume of 93,832. Gloo has a 1-year low of $4.63 and a 1-year high of $9.98. The company has a 50 day moving average price of $6.01.

Gloo (NASDAQ:GLOO) last released its earnings results on Monday, June 8th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.06). The company had revenue of $41.53 million for the quarter. Sell-side analysts expect that Gloo will post -0.31 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Scott Arthur Beck acquired 27,386 shares of the stock in a transaction on Thursday, April 16th. The stock was acquired at an average price of $7.23 per share, with a total value of $198,000.78. Following the completion of the transaction, the chief executive officer owned 439,886 shares of the company’s stock, valued at $3,180,375.78. This represents a 6.64% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders acquired a total of 33,886 shares of company stock worth $249,834 over the last ninety days. Company insiders own 45.23% of the company’s stock.

Hedge Funds Weigh In On Gloo

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Grace & Mercy Foundation Inc. purchased a new position in Gloo during the fourth quarter valued at $14,225,000. 1492 Capital Management LLC lifted its position in Gloo by 5.5% during the first quarter. 1492 Capital Management LLC now owns 301,706 shares of the company’s stock valued at $1,451,000 after buying an additional 15,824 shares during the period. Waverly Advisors LLC purchased a new position in Gloo during the first quarter valued at $1,202,000. Annandale Capital LLC purchased a new position in Gloo during the fourth quarter valued at $1,423,000. Finally, Cornerstone Management Inc. purchased a new position in Gloo during the first quarter valued at $601,000.

Gloo News Summary

Here are the key news stories impacting Gloo this week:

• Positive Sentiment: Gloo raised fiscal 2026 revenue guidance to $195 million, above Wall Street expectations, and also provided second-quarter revenue guidance of $44 million, signaling management sees continued momentum. Gloo Holdings, Inc. Reports First Quarter 2026 Financial Results
• Positive Sentiment: The company announced it will acquire the remaining 20% stake in Midwestern Interactive, giving Gloo full ownership of a talent partner that supports technology initiatives across its ecosystem. Investors may see this as a strategic move to strengthen operations and simplify the business. Gloo to Acquire Remaining Stake in Tech Talent Powerhouse Midwestern
• Positive Sentiment: Management and post-earnings coverage highlighted rapid growth and a clearer path to profitability, which may support investor confidence in the stock’s longer-term outlook. Gloo Holdings Earnings Call: Rapid Growth, Profit Path
• Neutral Sentiment: Gloo reported first-quarter EPS of ($0.22), missing the consensus estimate of ($0.16), with revenue of $41.53 million. While the earnings miss is a headwind, it may be outweighed today by the stronger outlook. Gloo earnings report and transcript
• Neutral Sentiment: The Q1 earnings call transcript and related coverage may offer additional details on AI-led product strategy and margin progress, but these items are mainly informational rather than immediate stock catalysts. Gloo Holdings, Inc. (GLOO) Q1 2027 Earnings Call Transcript
• Negative Sentiment: The reported EPS miss could still pressure the shares if investors focus on profitability concerns rather than revenue growth and guidance upside. Gloo (GLOO) Q1 2026 Earnings Transcript

Gloo Company Profile

Gloo’s mission is to build the leading vertical technology platform for the faith and flourishing ecosystem, which we believe is one of the largest, oldest and least-digitized ecosystems in the world. Our purpose is to shape technology as a force for good, so people can flourish and communities can thrive. This is grounded in our belief that relationships catalyze growth, and when technology is used to serve relationships, it transforms lives. The faith and flourishing ecosystem is vast and, we believe, a technologically underserved vertical that includes traditional Christian (primarily Protestant and Catholic) churches and a diverse network of ministries, nonprofits and service providers.