Gorilla Technology Group Inc. (GRRR)
NASDAQ: GRRR · IEX Real-Time Price · USD
2.640
-0.020 (-0.75%)
At close: Jul 2, 2024, 4:00 PM
2.719
+0.079 (2.99%)
After-hours: Jul 2, 2024, 7:55 PM EDT

Gorilla Technology Group Stock Forecast

GRRR's stock price has decreased by -87.43% in the past year and price targets may not have had time to catch up.

Stock Price Forecast

The 2 analysts with 12-month price forecasts for GRRR stock have an average target of 59, with a low estimate of 48 and a high estimate of 70. The average target predicts an increase of 2,134.85% from the current stock price of 2.64.

Analyst Consensus: Buy
Target Low Average Median High
Price $48 $59 $70 $70
Change +1718.2% +2134.8% +2551.5% +2551.5%
* Price targets were last updated on Aug 11, 2023.

Analyst Ratings

The average analyst rating for GRRR stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Aug '23
Strong Buy 0
Buy 2
Hold 0
Sell 0
Strong Sell 0
Total 2

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Northland Capital Markets
Northland Capital Markets
Buy
Maintains
$100$70
Buy Maintains $100$70 +2,551.52% Aug 11, 2023
Cantor Fitzgerald
Cantor Fitzgerald
Buy
Initiates
$48
Buy Initiates $48 +1,718.18% Jul 26, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
80.72M
from 64.69M
Increased by 24.78%
Revenue Next Year
106.04M
from 80.72M
Increased by 31.36%
EPS This Year
-0.88
from 1.64
EPS Next Year
-0.27
from -0.88
Year 202020212022202320242025
Revenue
45.41M42.24M22.41M64.69M80.72M106.04M
Revenue Growth
--6.98%-46.95%188.70%24.78%31.36%
EPS
-2.00-2.88-17.831.64-0.88-0.27
EPS Growth
------
Forward PE
------
No. Analysts ----55
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 84.0M 119.3M
Avg 80.7M 106.0M
Low 76.0M 90.5M

Revenue Growth

Revenue Growth 20242025
High
29.8%
47.7%
Avg
24.8%
31.4%
Low
17.4%
12.1%

EPS Forecast

EPS 20242025
High -0.32 0.42
Avg -0.88 -0.27
Low -1.76 -1.27

EPS Growth

EPS Growth 20242025
High - -
Avg - -
Low - -
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.