Roth Capital Issues Negative Forecast for GCT Earnings

GigaCloud Technology Inc. (NASDAQ:GCT) – Stock analysts at Roth Capital lowered their Q1 2025 earnings per share estimates for shares of GigaCloud Technology in a report released on Tuesday, March 4th. Roth Capital analyst M. Koranda now anticipates 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.

A number of other research analysts have also weighed in on the stock. Roth Mkm lowered shares of GigaCloud Technology from a “buy” rating to a “neutral” rating and cut their target price for the stock from $32.00 to $15.00 in a research report on Tuesday. Lake Street Capital dropped their price target on GigaCloud Technology from $50.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $36.67.

GigaCloud Technology Trading Up 6.1 %

Shares of GigaCloud Technology stock opened at $16.47 on Thursday. The firm has a fifty day simple moving average of $19.44 and a 200-day simple moving average of $21.23. The stock has a market capitalization of $674.81 million, a price-to-earnings ratio of 5.21 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 released its quarterly earnings results on Monday, March 3rd. The company reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.90 by ($0.14). The company had revenue of $295.78 million for the quarter, compared to the consensus estimate 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 last year, the company posted $0.87 EPS.

Insider Activity at GigaCloud Technology

In related news, insider Marshall Bernes acquired 5,000 shares of the stock in a transaction dated Friday, December 27th. The shares were bought at an average cost of $17.50 per share, for a total transaction of $87,500.00. Following the purchase, the insider now owns 45,000 shares in the company, valued at approximately $787,500. This trade represents a 12.50 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Xin Wan sold 68,437 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $20.43, for a total value of $1,398,167.91. Following the completion of the sale, the chief technology officer now directly owns 1,563 shares in the company, valued at approximately $31,932.09. This represents a 97.77 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,811,979 shares of company stock worth $61,233,745. 43.00% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On GigaCloud Technology

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Heck Capital Advisors LLC bought a new stake in shares of GigaCloud Technology during the fourth quarter worth $79,000. JT Stratford LLC bought a new position in GigaCloud Technology in the 4th quarter valued at $1,160,000. PharVision Advisers LLC acquired a new position in shares of GigaCloud Technology during the fourth quarter valued at $296,000. Connective Capital Management LLC bought a new position in GigaCloud Technology in the fourth quarter valued at about $347,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of GigaCloud Technology by 100.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 36,418 shares of the company’s stock valued at $674,000 after purchasing an additional 18,261 shares during the last quarter. 34.94% of the stock is owned by institutional investors and hedge funds.

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.