GigaCloud Technology Inc. (GCT)

NASDAQ: GCT · Real-Time Price · USD
11.70
+0.12 (1.04%)
At close: Apr 11, 2025, 4:00 PM
11.74
+0.04 (0.34%)
After-hours: Apr 11, 2025, 7:54 PM EDT
1.04%
Market Cap 468.78M
Revenue (ttm) 1.16B
Net Income (ttm) 125.81M
Shares Out 40.07M
EPS (ttm) 3.05
PE Ratio 3.84
Forward PE 4.65
Dividend n/a
Ex-Dividend Date n/a
Volume 977,436
Open 11.58
Previous Close 11.58
Day's Range 11.17 - 11.71
52-Week Range 11.17 - 41.31
Beta 2.12
Analysts Strong Buy
Price Target 36.67 (+213.42%)
Earnings Date May 8, 2025

About GCT

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. It offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. The company’s marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories. The company was formerly known as Orient... [Read more]

Sector Technology
IPO Date Aug 18, 2022
Employees 1,561
Stock Exchange NASDAQ
Ticker Symbol GCT
Full Company Profile

Financial Performance

In 2024, GigaCloud Technology's revenue was $1.16 billion, an increase of 64.96% compared to the previous year's $703.83 million. Earnings were $125.81 million, an increase of 33.68%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for GCT stock is "Strong Buy." The 12-month stock price forecast is $36.67, which is an increase of 213.42% from the latest price.

Price Target
$36.67
(213.42% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

GigaCloud: Think Of The Long Term

GigaCloud Technology, Inc. is a pioneering B2B e-commerce marketplace with a unique "Supplier Fulfilled Retailing" model, connecting Asian manufacturers with North American and European retailers. GCT...

9 days ago - Seeking Alpha

GigaCloud Technology Inc Increases Share Repurchase Program by $16 Million

EL MONTE, Calif., April 02, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large ...

10 days ago - GlobeNewsWire

GigaCloud Technology Inc Welcomes Scott Living by Drew & Jonathan™, the Signature Home Brand of Drew and Jonathan Scott, to Its BaaS Program

TV Icons Drew and Jonathan Scott Enrich GigaCloud B2B Marketplace with Scott Living's Trusted Brand TV Icons Drew and Jonathan Scott Enrich GigaCloud B2B Marketplace with Scott Living's Trusted Brand

17 days ago - GlobeNewsWire

Apexis, Inc. dba Wondersign, a GigaCloud Company, Launches Wonder App and Is Set to Rebrand as Wonder

Redefining Sales Enablement for Suppliers and Retail Sales Associates in the Brick-and-Mortar Market Ashley Furniture Leads as First Adopter EL MONTE, Calif., March 10, 2025 (GLOBE NEWSWIRE) -- GigaCl...

4 weeks ago - GlobeNewsWire

GigaCloud Technology: Sifting Through The Rubble

Today, we bought GigaCloud Technology Inc. stock at $13.75, increasing our position by 33%, confident despite margin compression, and expecting a rebound. Solid revenue growth with total revenues at $...

5 weeks ago - Seeking Alpha

GigaCloud: It Could Get Even Uglier (Downgrade)

GigaCloud Technology Inc. investors face another moment of reckoning, as its growth has clearly peaked. Q1 outlook is weak, with flat year on year growth, suggesting several headwinds have finally cau...

5 weeks ago - Seeking Alpha

GigaCloud: A Clear Overreaction To The Earnings Miss, I'm Buying More

GigaCloud: A Clear Overreaction To The Earnings Miss, I'm Buying More

5 weeks ago - Seeking Alpha

GigaCloud Technology, Inc. (GCT) Q4 2024 Earnings Call Transcript

GigaCloud Technology, Inc. (NASDAQ:GCT) Q4 2024 Earnings Conference Call March 3, 2025 5:30 PM ET Company Participants Larry Wu - Founder, Chairman, Director & CEO Iman Schrock - President Erica Wei ...

5 weeks ago - Seeking Alpha

GigaCloud Technology Inc Announces Fourth Quarter and Year Ended December 31, 2024 Financial Results

EL MONTE, Calif., March 03, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large ...

5 weeks ago - GlobeNewsWire

GigaCloud Technology Inc to Announce Fourth Quarter and Full Year 2024 Financial Results on March 3, 2025

EL MONTE, Calif., Feb. 24, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merc...

6 weeks ago - GlobeNewsWire

GigaCloud Technology Inc Strengthens Its B2B Marketplace with Leading Furniture Suppliers

Purple Innovation Inc. and Homestyles by Flexsteel Industries Inc. Fortify GigaCloud's Expanding Supplier Ecosystem Purple Innovation Inc. and Homestyles by Flexsteel Industries Inc. Fortify GigaCloud...

2 months ago - GlobeNewsWire

Kuehn Law Encourages GigaCloud Technology Inc. to Contact Law Firm

NEW YORK , Feb. 10, 2025 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of GigaCloud Technology Inc.  (NASDAQ: GCT)  breach...

2 months ago - PRNewsWire

GigaCloud: Load Up Like An Insider

Despite a 50% stock decline, I remain bullish on GigaCloud Technology due to strong business performance and tempting valuation. GCT's Q3 results showed 70% revenue growth and a 47% EPS beat, driven b...

2 months ago - Seeking Alpha

GigaCloud Technology: The Impact Of Tariffs On China Imports

Concerns over new tariffs on imports from China, Canada, and Mexico have rocked markets, with a 10% tariff on Chinese goods impacting U.S. consumers and retailers like Temu and Shein. GigaCloud Techno...

2 months ago - Seeking Alpha

GigaCloud Technology Inc Donates Over $1 Million in Furniture to Habitat for Humanity of Greater LA's Wildfire Recovery Efforts

Los Angeles, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Habitat for Humanity of Greater Los Angeles (Habitat LA) is thrilled to announce a significant partnership with Los Angeles-based GigaCloud Technology In...

2 months ago - GlobeNewsWire

GigaCloud Technology Inc Donates More than $1 Million in Furniture to Habitat for Humanity Greater Los Angeles to Aid Wildfire Victims

EL MONTE, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large p...

2 months ago - GlobeNewsWire

Take Advantage Of The Weak Technicals To Buy GigaCloud Technology

The technicals are net bearish for the stock as the chart is weak, while the moving averages and indicators show uncertainty and indecisiveness in GCT. Q3 earnings results were strong as revenue growt...

2 months ago - Seeking Alpha

GigaCloud Technology: My Visit To Corporate Headquarters

GigaCloud Technology is significantly misunderstood and misrepresented, presenting a unique investment opportunity with a substantial gap between stock price and operational performance. The company's...

2 months ago - Seeking Alpha

GigaCloud Technology: Time To Double Down

I still believe that the selling pressure GigaCloud has been going through for the past few months is unjustified: the business continues to flourish with signs of future margin expansion. GCT's Q3 FY...

3 months ago - Seeking Alpha

GigaCloud: Buying Opportunity On Its Unjustified Meltdown

GigaCloud Technology investors endured a debilitating bear market, but the worst is likely over. Investors are increasingly concerned with tariffs hurting its China supply chain. Management highlighte...

4 months ago - Seeking Alpha

GigaCloud Technology: A Real Bargain For Growth Investors

I maintain a Strong Buy rating on GigaCloud due to solid revenue growth, operational efficiency, and significant undervaluation. GCT reported a Q3 70% YoY revenue increase and 64% YoY growth in adjust...

4 months ago - Seeking Alpha

GigaCloud Falls On A Massive Earnings Beat: Buy The Drop

I believe GigaCloud Technology's recent stock dip is an overreaction; the company remains undervalued despite strong growth and exceeding Q3 2024 forecasts. GigaCloud's diverse revenue streams, expand...

5 months ago - Seeking Alpha

GigaCloud Technology, Inc. (GCT) Q3 2024 Earnings Call Transcript

GigaCloud Technology, Inc. (NASDAQ:GCT) Q3 2024 Earnings Conference Call November 7, 2024 7:30 PM ET Company Participants Larry Lei Wu - Founder, Chairman, Director and Chief Executive Officer Iman S...

5 months ago - Seeking Alpha

GigaCloud Technology Inc Announces Third Quarter and Nine Months Ended September 30, 2024 Financial Results

GigaCloud Marketplace Continues Significant Growth Trajectory; Company Achieves Record-High Net Income GigaCloud Marketplace Continues Significant Growth Trajectory; Company Achieves Record-High Net I...

5 months ago - GlobeNewsWire

GigaCloud Technology Should Beat Earnings Again

GigaCloud Technology's stock has gained 33% since I last covered it, and I believe the upcoming Q3 FY2024 report could serve as a bullish catalyst for further recovery. GCT more than doubled its reven...

5 months ago - Seeking Alpha