Q1 EPS Forecast for GigaCloud Technology Cut by Analyst

GigaCloud Technology Inc. (NASDAQ:GCT) – Equities researchers at Roth Capital cut their Q1 2025 earnings estimates for GigaCloud Technology in a report released on Tuesday, March 4th. Roth Capital analyst M. Koranda now expects that the company will earn $0.46 per share for the quarter, down from their previous forecast of $0.84. Roth Capital has a “Hold” rating on the stock. The consensus estimate for GigaCloud Technology’s current full-year earnings is $3.10 per share. Roth Capital also issued estimates for GigaCloud Technology’s Q3 2025 earnings at $0.78 EPS, Q4 2025 earnings at $0.80 EPS, FY2025 earnings at $2.68 EPS and FY2026 earnings at $3.51 EPS.

Other analysts have also issued reports about the stock. Lake Street Capital dropped their target price on shares of GigaCloud Technology from $50.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday. Roth Mkm lowered shares of GigaCloud Technology from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $32.00 to $15.00 in a report on Tuesday. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $36.67.

GigaCloud Technology Trading Down 5.1 %

GigaCloud Technology stock opened at $15.63 on Thursday. The firm has a 50-day moving average of $19.39 and a 200-day moving average of $21.19. The firm has a market cap of $640.39 million, a P/E ratio of 4.95 and a beta of 1.94. GigaCloud Technology has a 1-year low of $13.60 and a 1-year high of $45.18.

GigaCloud Technology (NASDAQ:GCT) last posted its earnings results on Monday, March 3rd. The company reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.14). The firm had revenue of $295.78 million for the quarter, compared to analysts’ expectations of $290.00 million. GigaCloud Technology had a return on equity of 40.32% and a net margin of 11.75%. During the same quarter in the prior year, the company posted $0.87 earnings per share.

Hedge Funds Weigh In On GigaCloud Technology

Institutional investors and hedge funds have recently made changes to their positions in the business. US Bancorp DE increased its stake in shares of GigaCloud Technology by 200.0% during the fourth quarter. US Bancorp DE now owns 1,500 shares of the company’s stock valued at $28,000 after purchasing an additional 1,000 shares in the last quarter. New York State Teachers Retirement System bought a new position in shares of GigaCloud Technology during the third quarter valued at approximately $49,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of GigaCloud Technology during the third quarter valued at approximately $51,000. Amundi bought a new position in shares of GigaCloud Technology during the fourth quarter valued at approximately $45,000. Finally, Quarry LP increased its stake in shares of GigaCloud Technology by 519.8% during the third quarter. Quarry LP now owns 3,663 shares of the company’s stock valued at $84,000 after purchasing an additional 3,072 shares in the last quarter. Institutional investors own 34.94% of the company’s stock.

Insider Buying and Selling

In related news, insider Marshall Bernes purchased 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The stock was bought at an average cost of $17.50 per share, with a total value of $87,500.00. Following the completion of the purchase, the insider now directly owns 45,000 shares in the company, valued at approximately $787,500. This represents a 12.50 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Xin Wan sold 68,437 shares of the stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $20.43, for a total transaction of $1,398,167.91. Following the completion of the transaction, the chief technology officer now directly owns 1,563 shares of the company’s stock, valued at approximately $31,932.09. The trade was a 97.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 43.00% of the stock is owned by insiders.

About GigaCloud Technology

GigaCloud Technology Inc provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories.