GigaCloud Technology Inc. (GCT)
NASDAQ: GCT · IEX Real-Time Price · USD
35.35
-1.01 (-2.78%)
At close: Apr 26, 2024, 4:00 PM
35.40
+0.05 (0.14%)
After-hours: Apr 26, 2024, 7:59 PM EDT
GigaCloud Technology Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for GCT stock has a target of 35, which predicts a decrease of -0.99% from the current stock price of 35.35.
Analyst Consensus: Strong Buy
Analyst Ratings
According to 1 stock analyst, the rating for GCT is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| 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 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Maintains $28 → $35 | Strong Buy | Maintains | $28 → $35 | -0.99% | Apr 2, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $16 → $18 | Strong Buy | Maintains | $16 → $18 | -49.08% | Dec 7, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | -54.74% | Sep 19, 2023 |
| Roth MKM | Roth MKM | Strong Buy Reiterates $16 | Strong Buy | Reiterates | $16 | -54.74% | Sep 14, 2023 |
| Roth MKM | Roth MKM | Strong Buy Maintains $13 → $16 | Strong Buy | Maintains | $13 → $16 | -54.74% | Aug 16, 2023 |
Financial Forecast
Revenue This Year
1.12B
from 703.83M
Increased by 58.70%
Revenue Next Year
1.33B
from 1.12B
Increased by 19.25%
EPS This Year
2.81
from 2.30
Increased by 22.30%
EPS Next Year
3.55
from 2.81
Increased by 26.03%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.4B | 1.7B |
| Avg | 1.1B | 1.3B | 1.6B |
| Low | 1.1B | 1.3B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 65.1% | 26.6% | 28.1% |
| Avg | 58.7% | 19.2% | 23.2% |
| Low | 53.9% | 13.2% | 19.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.13 | 3.82 | 4.36 |
| Avg | 2.81 | 3.55 | 4.19 |
| Low | 2.54 | 3.31 | 4.07 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.0% | 35.9% | 22.9% |
| Avg | 22.3% | 26.0% | 18.2% |
| Low | 10.4% | 17.8% | 14.7% |
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.