GigaCloud Technology Inc. (GCT)

Market Cap	1.28B
Revenue (ttm)	827.11M
Net Income (ttm)	105.36M
Shares Out	40.77M
EPS (ttm)	2.57
PE Ratio	12.23
Forward PE	9.18
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,143,288
Open	32.00
Previous Close	32.00
Day's Range	30.85 - 32.72
52-Week Range	6.71 - 45.18
Beta	n/a
Analysts	Strong Buy
Price Target	52.00 (+65.39%)
Earnings Date	Aug 13, 2024

About GCT

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its 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 Orienta...

• Industry: Software - Infrastructure
• Sector: Technology
• IPO Date: Aug 18, 2022
• Employees: 1,362
• Stock Exchange: NASDAQ
• Ticker Symbol: GCT

Financial Performance

In 2023, GCT's revenue was $703.83 million, an increase of 43.62% compared to the previous year's $490.07 million. Earnings were $94.11 million, an increase of 308.61%.

Analyst Forecast

According to 2 analysts, the average rating for GCT stock is "Strong Buy." The 12-month stock price forecast is $52.0, which is an increase of 65.39% from the latest price.

Price Target

$52.0

(65.39% upside)

Analyst Consensus: Strong Buy