Gorilla Technology Group Inc. (GRRR)
NASDAQ: GRRR · IEX Real-Time Price · USD
5.08
-0.16 (-3.05%)
At close: Apr 25, 2024, 4:00 PM
5.25
+0.17 (3.35%)
Pre-market: Apr 26, 2024, 4:37 AM EDT
Gorilla Technology Group Stock Forecast
GRRR's stock price has decreased by -72.54% 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 1,061.42% from the current stock price of 5.08.
Analyst Consensus: Buy
* 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 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|
| Strong Buy | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 |
| Hold | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 2 | 2 | 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 | +1,277.95% | Aug 11, 2023 |
| Cantor Fitzgerald | Cantor Fitzgerald | Buy Initiates $48 | Buy | Initiates | $48 | +844.88% | Jul 26, 2023 |
Financial Forecast
Revenue This Year
88.54M
from 64.69M
Increased by 36.86%
Revenue Next Year
117.98M
from 88.54M
Increased by 33.25%
EPS This Year
-0.13
EPS Next Year
-0.07
from -0.13
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 94.5M | 123.7M |
| Avg | 88.5M | 118.0M |
| Low | 82.3M | 109.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 46.1% | 39.7% |
| Avg | 36.9% | 33.3% |
| Low | 27.2% | 23.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.03 | 0.04 |
| Avg | -0.13 | -0.07 |
| Low | -0.29 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| 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.