GigaCloud Technology Inc. (GCT)

NASDAQ: GCT · IEX Real-Time Price · USD
11.80
+2.08 (21.40%)
Dec 1, 2023, 4:00 PM EST - Market closed
21.40%
Market Cap 483.36M
Revenue (ttm) 584.70M
Net Income (ttm) 71.01M
Shares Out 40.96M
EPS (ttm) 1.74
PE Ratio 6.78
Forward PE 7.30
Dividend n/a
Ex-Dividend Date n/a
Volume 2,494,806
Open 10.96
Previous Close 9.72
Day's Range 9.90 - 12.27
52-Week Range 4.79 - 18.60
Beta n/a
Analysts Strong Buy
Price Target 21.00 (+77.97%)
Earnings Date Nov 30, 2023

About GCT

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise. 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 Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was founded in 2006 and is headquar... [Read more]

Sector Technology
IPO Date Aug 18, 2022
Employees 764
Stock Exchange NASDAQ
Ticker Symbol GCT
Full Company Profile

Financial Performance

In 2022, GCT's revenue was $490.07 million, an increase of 18.32% compared to the previous year's $414.20 million. Earnings were $23.03 million, a decrease of -17.03%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for GCT stock is "Strong Buy." The 12-month stock price forecast is $21.0, which is an increase of 77.97% from the latest price.

Price Target
$21.0
(77.97% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

GCT DEADLINE TOMORROW: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages GigaCloud Technology Inc. Investors with Losses to Secure Counsel Before Important December 4 Deadline in Securities Class Action - GCT

NEW YORK , Dec. 3, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GigaCloud Technology Inc. (NASDAQ: GCT): (i) Class A ordinary shares pursuant and...

2 hours ago - PRNewsWire

FINAL DEADLINE MONDAY: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. (...

16 hours ago - Accesswire

GCT Investors Have Opportunity to Lead GigaCloud Technology Inc. Securities Fraud Lawsuit

LOS ANGELES , Dec. 1, 2023 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against ...

2 days ago - PRNewsWire

GigaCloud Technology Inc Announces Third Quarter 2023 Financial Results

Another Consecutive Quarter of Record Profitability Completion of Noble House and Wondersign Acquisitions Subsequent to Quarter End EL MONTE, Calif., Nov. 30, 2023 (GLOBE NEWSWIRE) -- GigaCloud Techno...

3 days ago - GlobeNewsWire

GIGACLOUD INVESTOR DEADLINE APPROACHING: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In GigaCloud To Contact Him Directly To Discuss Their Options

If you purchased or acquired (i) GigaCloud Class A ordinary shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's August 2022 initial pu...

3 days ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

3 days ago - Accesswire

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

4 days ago - Accesswire

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in GigaCloud Technology, Inc. of Class Action Lawsuit and Upcoming Deadline - GCT

NEW YORK , Nov. 28, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against GigaCloud Technology Inc ("GigaCloud" or the "Company") (NASDAQ: GCT) and certain of...

5 days ago - PRNewsWire

Dec. 4th Deadline in Lawsuit for Investors who lost over $100,000 in with GigaCloud Technology Inc. (NASDAQ: GCT) shares purchased between August 2022 and September 2023 announced by Shareholders Foundation

SAN DIEGO , Nov. 28, 2023 /PRNewswire/ -- The Shareholders Foundation, Inc. announces that a deadline is coming up on December 4, 2023, in the lawsuit that was filed for certain investors in shares of...

5 days ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 28, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

5 days ago - Accesswire

GCT DEADLINE NOTICE: ROSEN, A LONGSTANDING LAW FIRM, Encourages GigaCloud Technology Inc. Investors with Losses to Secure Counsel Before Important December 4 Deadline in Securities Class Action - GCT

NEW YORK , Nov. 26, 2023 /PRNewswire/ --  WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GigaCloud Technology Inc. (NASDAQ: GCT): (i) Class A ordinary shares pursuant an...

7 days ago - PRNewsWire

DEADLINE ACTION NOTICE: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 23, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

10 days ago - Accesswire

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 21, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

12 days ago - Accesswire

INVESTOR DEADLINE NOTICE: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 20, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

13 days ago - Accesswire

GIGACLOUD SHAREHOLDER ACTION REMINDER: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In GigaCloud To Contact Him Directly To Discuss Their Options

If you purchased or acquired (i) GigaCloud Class A ordinary shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's August 2022 initial pu...

15 days ago - PRNewsWire

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages GigaCloud Technology Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - GCT

NEW YORK , Nov. 17, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GigaCloud Technology Inc. (NASDAQ: GCT): (i) Class A ordinary shares pursuant and...

16 days ago - PRNewsWire

IMPORTANT INVESTOR NOTICE: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

16 days ago - Accesswire

GigaCloud Technology Inc Announces Acquisition of Wondersign

Paving an Innovative Way for Advanced Technology and Expansive Retail Experiences Paving an Innovative Way for Advanced Technology and Expansive Retail Experiences

17 days ago - GlobeNewsWire

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. ...

17 days ago - Accesswire

GigaCloud Technology Inc Announces Completion of Independent Review

WALNUT, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchan...

20 days ago - GlobeNewsWire

GIGACLOUD INVESTOR DEADLINE APPROACHING

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In GigaCloud To Contact Him Directly To Discuss Their Options If you purchased or acquired (i) GigaCloud Clas...

20 days ago - PRNewsWire

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 9, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. (...

24 days ago - Accesswire

ROSEN, NATIONAL TRIAL COUNSEL, Encourages GigaCloud Technology Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - GCT

NEW YORK , Nov. 8, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of GigaCloud Technology Inc. (NASDAQ: GCT): (i) Class A ordinary shares pursuant and/...

25 days ago - PRNewsWire

INVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in GigaCloud Technology Inc. with Losses of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against GigaCloud Technology Inc. (...

26 days ago - Accesswire

GIGACLOUD SHAREHOLDER ALERT: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In GigaCloud To Contact Him Directly To Discuss Their Options

If you purchased or acquired (i) GigaCloud Class A ordinary shares pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's August 2022 initial pu...

4 weeks ago - PRNewsWire