GigaCloud Technology Inc. (GCT)
NASDAQ: GCT · Real-Time Price · USD
17.93
+0.21 (1.19%)
At close: Dec 20, 2024, 4:00 PM
18.02
+0.09 (0.50%)
After-hours: Dec 20, 2024, 7:58 PM EST
GigaCloud Technology Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for GCT 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 186.28% from the current stock price of 17.93.
Analyst Consensus: Strong Buy
* Price targets were last updated on Jul 29, 2024.
Analyst Ratings
The average analyst rating for GCT 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| 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 | +178.86% | Jul 29, 2024 |
| Maxim Group | Maxim Group | Strong Buy Initiates $69 | Strong Buy | Initiates | $69 | +284.83% | May 22, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $28 → $35 | Strong Buy | Maintains | $28 → $35 | +95.20% | Apr 2, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $16 → $18 | Strong Buy | Maintains | $16 → $18 | +0.39% | Dec 7, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | -10.76% | Sep 19, 2023 |
Financial Forecast
Revenue This Year
1.12B
from 703.83M
Increased by 58.99%
Revenue Next Year
1.34B
from 1.12B
Increased by 19.66%
EPS This Year
2.96
from 2.30
Increased by 28.67%
EPS Next Year
3.55
from 2.96
Increased by 19.97%
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 | 74.0% | 27.0% | 45.1% |
| Avg | 59.0% | 19.7% | 24.9% |
| Low | 33.4% | 12.7% | 8.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.14 | 3.84 | 4.70 |
| Avg | 2.96 | 3.55 | 4.52 |
| Low | 2.78 | 3.08 | 4.39 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.5% | 29.9% | 32.5% |
| Avg | 28.7% | 20.0% | 27.5% |
| Low | 21.0% | 4.0% | 23.7% |
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.