Gloo Holdings (GLOO) Prices Secondary Offering at $3.25

Gloo Holdings, Inc. (NASDAQ:GLOO) is one of the 10 Fastest Growing Tech Penny Stocks to Buy.

On July 9, 2026, Gloo Holdings, Inc. (NASDAQ:GLOO) priced a 7M share secondary at $3.25. The deal is priced below the last closing price of $3.98. JPMorgan is acting as the sole book-running manager for the offering.

On June 9, Benchmark raised the firm’s price target on Gloo to $15 from $14 and kept a Buy rating on the shares after “yet another beat and raise” in fiscal Q1. Benchmark called Gloo “an unchallenged leader” in the faith and flourishing space and continued to view the stock as one of the more compelling risk/reward opportunities in its coverage.

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Also on June 9, Gloo reported Q1 EPS of (21c), compared with estimates of (18c), and revenue of $41.5M, compared with consensus of $36.0M. CEO Scott Beck said AI remains a “force multiplier” behind the company’s platform and said the quarter exceeded guidance and analyst consensus.

Gloo Holdings, Inc. (NASDAQ:GLOO) designs and develops a vertical technology platform for the faith and flourishing ecosystem.

While we acknowledge the risk and potential of GLOO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GLOO and that has 10,000% upside potential, check out our report about the cheapest AI stock.

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