GigaCloud Technology Inc. (GCT)
NASDAQ: GCT · IEX Real-Time Price · USD
28.59
-0.64 (-2.19%)
At close: Jul 19, 2024, 4:00 PM
29.28
+0.69 (2.41%)
Pre-market: Jul 22, 2024, 7:18 AM EDT
GigaCloud Technology Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for GCT stock have an average target of 52, with a low estimate of 35 and a high estimate of 69. The average target predicts an increase of 81.88% from the current stock price of 28.59.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 22, 2024.
Analyst Ratings
The average analyst rating for GCT stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 2 | 2 | 1 | 2 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 0 | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 1 | 2 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Maxim Group | Maxim Group | Strong Buy Initiates $69 | Strong Buy | Initiates | $69 | +141.34% | May 22, 2024 |
Roth MKM | Roth MKM | Strong Buy Maintains $28 → $35 | Strong Buy | Maintains | $28 → $35 | +22.42% | Apr 2, 2024 |
Roth MKM | Roth MKM | Strong Buy Maintains $16 → $18 | Strong Buy | Maintains | $16 → $18 | -37.04% | Dec 7, 2023 |
Roth MKM | Roth MKM | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | -44.04% | Sep 19, 2023 |
Roth MKM | Roth MKM | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | -44.04% | Sep 14, 2023 |
Financial Forecast
Revenue This Year
1.14B
from 703.83M
Increased by 62.54%
Revenue Next Year
1.38B
from 1.14B
Increased by 20.19%
EPS This Year
2.87
from 2.30
Increased by 24.71%
EPS Next Year
3.88
from 2.87
Increased by 35.21%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.2B | 1.5B | 1.7B |
Avg | 1.1B | 1.4B | 1.6B |
Low | 1.1B | 1.3B | 1.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 71.3% | 28.1% | 24.7% |
Avg | 62.5% | 20.2% | 14.5% |
Low | 54.9% | 14.3% | 6.0% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 2.98 | 4.22 | 4.70 |
Avg | 2.87 | 3.88 | 4.52 |
Low | 2.78 | 3.59 | 4.39 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 29.7% | 47.2% | 21.3% |
Avg | 24.7% | 35.2% | 16.7% |
Low | 21.0% | 25.0% | 13.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.