Gloo Holdings Q2 revenue jumps 188% on enterprise costumer growth
GLOO•Analyst coverage
The current average analyst rating on the shares is buy, with 6 strong buy or buy recommendations, no hold ratings and no sell or strong sell ratings.
The average consensus recommendation for the IT services and consulting peer group is buy. Wall Street's median 12-month price target for Gloo Holdings, Inc. is $12.00, about 277.4% above its Sept. 8 closing price of $3.18.
Revenue growth drivers
- Enterprise customer growth — The company said revenue growth was driven by increased traction with enterprise customers, including more than 30 customers generating over $1 mln in annual contract value and its first customer exceeding $10 mln.
- Cross-platform engagement — Gloo said more large customers are adopting solutions from multiple Gloo business units and subsidiaries, expanding long-term revenue potential.
- AI capabilities — The company said expanded Applied AI offerings and new agentic workflow tools are helping customers improve efficiency and engagement.
Outlook for fiscal 2026
Gloo expects third-quarter 2026 revenue of $55 mln and adjusted EBITDA of negative $3.5 mln. The company raised its full-year 2026 revenue guidance to $200 mln and said it expects to achieve adjusted EBITDA profitability in the fourth quarter of 2026.




