Roth Capital Expects Lower Earnings for GigaCloud Technology

GigaCloud Technology Inc. (NASDAQ:GCT - Free Report) - Analysts at Roth Capital reduced their Q1 2025 earnings estimates for shares of GigaCloud Technology in a research report issued to clients and investors on Tuesday, March 4th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of $0.46 per share for the quarter, down from their previous estimate of $0.84. Roth Capital currently 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.

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

GCT has been the topic of several other research reports. Lake Street Capital decreased their target price on GigaCloud Technology from $50.00 to $26.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Roth Mkm lowered shares of GigaCloud Technology from a "buy" rating to a "neutral" rating and decreased their price objective for the stock from $32.00 to $15.00 in a report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $36.67.

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GigaCloud Technology Trading Down 3.6 %

NASDAQ GCT traded down $0.57 during trading hours on Thursday, reaching $15.12. 2,080,943 shares of the company's stock were exchanged, compared to its average volume of 1,110,163. The firm has a fifty day moving average of $19.35 and a 200-day moving average of $21.13. GigaCloud Technology has a one year low of $13.60 and a one year high of $45.18. The stock has a market cap of $619.50 million, a PE ratio of 4.78 and a beta of 2.05.

Institutional Trading of GigaCloud Technology

Hedge funds have recently added to or reduced their stakes in the business. Segall Bryant & Hamill LLC bought a new stake in shares of GigaCloud Technology in the third quarter worth about $1,556,000. Principal Financial Group Inc. bought a new stake in GigaCloud Technology during the 3rd quarter worth approximately $1,442,000. Charles Schwab Investment Management Inc. raised its holdings in GigaCloud Technology by 279.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 214,569 shares of the company's stock worth $4,931,000 after buying an additional 158,033 shares during the period. Lake Hills Wealth Management LLC acquired a new stake in GigaCloud Technology during the 4th quarter worth approximately $332,000. Finally, Franklin Resources Inc. boosted its holdings in shares of GigaCloud Technology by 49.5% in the third quarter. Franklin Resources Inc. now owns 409,829 shares of the company's stock valued at $10,164,000 after buying an additional 135,726 shares during the period. Institutional investors and hedge funds own 34.94% of the company's stock.

Insider Activity

In related news, insider Marshall Bernes bought 5,000 shares of GigaCloud Technology stock in a transaction on Friday, December 27th. The shares were purchased at an average price of $17.50 per share, for a total transaction of $87,500.00. Following the completion of the acquisition, the insider now 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 Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Xin Wan sold 68,437 shares of the company's stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $20.43, for a total transaction of $1,398,167.91. Following the completion of the sale, the chief technology officer now directly owns 1,563 shares of the company's stock, valued at $31,932.09. The trade was a 97.77 % decrease in their position. The disclosure for this sale can be found here. Insiders own 43.00% of the company's stock.

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.