GigaCloud Technology Inc. (GCT)

Market Cap	1.48B
Revenue (ttm)	703.83M
Net Income (ttm)	94.11M
Shares Out	40.75M
EPS (ttm)	2.30
PE Ratio	14.83
Forward PE	11.33
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,167,816
Open	35.13
Previous Close	35.91
Day's Range	33.78 - 36.98
52-Week Range	4.93 - 45.18
Beta	n/a
Analysts	Strong Buy
Price Target	35.00 (-3.58%)
Earnings Date	May 22, 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 one analyst, the rating for GCT stock is "Strong Buy" and the 12-month stock price forecast is $35.0.

Price Target

$35.0

(-3.58% downside)

Analyst Consensus: Strong Buy