Q2 EPS Estimate for GigaCloud Technology Reduced by Analyst

GigaCloud Technology Inc. (NASDAQ:GCT - Free Report) - Equities research analysts at Roth Capital cut their Q2 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 $0.64 per share for the quarter, down from their prior forecast of $0.75. 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.

GigaCloud Technology (NASDAQ:GCT - Get Free Report) last issued its quarterly earnings data on Monday, March 3rd. The company reported $0.76 EPS for the quarter, missing analysts' consensus estimates 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 in the previous year, the company earned $0.87 earnings per share.

Other research analysts have also issued research reports about the company. Lake Street Capital reduced their price target on GigaCloud Technology from $50.00 to $26.00 and set a "buy" rating for the company in a research report on Tuesday, March 4th. Roth Mkm lowered GigaCloud Technology from a "buy" rating to a "neutral" rating and reduced their price target for the stock from $32.00 to $15.00 in a research report on Tuesday, March 4th. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $36.67.

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GigaCloud Technology Stock Up 0.4 %

GCT stock traded up $0.06 during trading on Wednesday, reaching $15.69. 1,706,430 shares of the company's stock were exchanged, compared to its average volume of 1,088,009. GigaCloud Technology has a 1-year low of $13.60 and a 1-year high of $45.18. The company's fifty day moving average price is $19.35 and its 200-day moving average price is $21.14. The firm has a market cap of $642.85 million, a PE ratio of 4.97 and a beta of 2.05.

Insider Activity

In other news, CTO Xin Wan sold 68,437 shares of the company's stock in a transaction on Monday, December 16th. The stock was 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 owns 1,563 shares in the company, valued at $31,932.09. This represents a 97.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Marshall Bernes acquired 5,000 shares of the business's stock in a transaction dated Friday, December 27th. The stock was purchased at an average price of $17.50 per share, with a total value of $87,500.00. Following the acquisition, the insider now owns 45,000 shares of the company's stock, valued at approximately $787,500. This trade represents a 12.50 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 43.00% of the company's stock.

Hedge Funds Weigh In On GigaCloud Technology

Hedge funds and other institutional investors have recently modified their holdings of the stock. US Bancorp DE boosted its position in shares of GigaCloud Technology by 200.0% in the 4th 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 during the period. Amundi acquired a new position in shares of GigaCloud Technology in the 4th quarter valued at $45,000. New York State Teachers Retirement System acquired a new position in shares of GigaCloud Technology in the 3rd quarter valued at $49,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of GigaCloud Technology in the 3rd quarter valued at $51,000. Finally, Heck Capital Advisors LLC acquired a new position in shares of GigaCloud Technology in the 4th quarter valued at $79,000. Institutional investors and hedge funds own 34.94% of the company's stock.

GigaCloud Technology Company Profile

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.