Glu Mobile: Realistic 2020 Projections?
- Glu Mobile provided aggressive 2020 revenue projections.
- The long-term forecasts don't match the short-term forecasts presented in each earnings report.
- The analysis suggests the 2020 projections are more probable due to emerging mobile-game trends and a consistent history of beating short-term targets.
- The stock is attractively valued at around $6.50 based on the potential to smash analyst revenue estimates for 2015 and beyond.
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