GigaCloud Technology Inc. (GCT)
NASDAQ: GCT · Real-Time Price · USD
19.99
-0.16 (-0.77%)
Feb 6, 2025, 3:45 PM EST - Market open
GigaCloud Technology Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for GigaCloud Technology stock have an average target of 51.33, with a low estimate of 35 and a high estimate of 69. The average target predicts an increase of 156.84% from the current stock price of 19.99.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jul 29, 2024.
Analyst Ratings
The average analyst rating for GigaCloud Technology stock from 3 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 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| 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 | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Initiates $50 | Strong Buy | Initiates | $50 | +150.19% | Jul 29, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $69 | Strong Buy | Initiates | $69 | +245.26% | May 22, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $28 → $35 | Strong Buy | Maintains | $28 → $35 | +75.13% | Apr 2, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $16 → $18 | Strong Buy | Maintains | $16 → $18 | -9.93% | Dec 7, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | -19.94% | Sep 19, 2023 |
Financial Forecast
Revenue This Year
1.12B
from 703.83M
Increased by 58.56%
Revenue Next Year
1.33B
from 1.12B
Increased by 19.00%
EPS This Year
3.13
from 2.30
Increased by 36.28%
EPS Next Year
3.51
from 3.13
Increased by 12.14%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.4B | 1.9B |
| Avg | 1.1B | 1.3B | 1.7B |
| Low | 938.8M | 1.3B | 1.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 72.3% | 25.2% | 46.3% |
| Avg | 58.6% | 19.0% | 29.0% |
| Low | 33.4% | 13.0% | 13.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.36 | 3.84 | 5.02 |
| Avg | 3.13 | 3.51 | 4.83 |
| Low | 2.93 | 3.08 | 4.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 46.1% | 22.6% | 42.8% |
| Avg | 36.3% | 12.1% | 37.4% |
| Low | 27.4% | -1.8% | 33.3% |
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.