GigaCloud (GCT) Stock Forecast, Price Target & Predictions
GCT Stock Forecast
GigaCloud stock forecast is as follows: an average price target of $50.00 (represents a 120.36% upside from GCT’s last price of $22.69) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
GCT Price Target
GCT Analyst Ratings
GigaCloud Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Jul 29, 2024 | Ryan Meyers | Loop Capital Markets | $50.00 | $28.86 | 73.25% | 120.36% |
GigaCloud Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $50.00 |
Last Closing Price | $22.69 | $22.69 | $22.69 |
Upside/Downside | -100.00% | -100.00% | 120.36% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Sep 03, 2024 | Lake Street | Buy | Buy | Hold |
Jul 29, 2024 | Lake Street | - | Buy | Initialise |
GigaCloud Financial Forecast
GigaCloud Revenue Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | $244.74M | - | - | $127.80M | $125.60M | $128.00M |
Avg Forecast | $374.97M | $330.95M | $354.80M | $297.34M | $325.97M | $279.53M | $275.47M | $243.00M | $224.15M | $163.75M | $141.30M | $124.25M | $120.00M | $123.50M |
High Forecast | $374.97M | $330.95M | $354.80M | $297.34M | $325.97M | $279.53M | $275.47M | $243.00M | $224.15M | $163.95M | $141.30M | $124.25M | $120.00M | $123.50M |
Low Forecast | $374.97M | $330.95M | $354.80M | $297.34M | $325.97M | $279.53M | $275.47M | $243.00M | $224.15M | $163.55M | $141.30M | $124.25M | $120.00M | $123.50M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Surprise % | - | - | - | - | - | - | - | - | 1.09% | - | - | 1.03% | 1.05% | 1.04% |
GigaCloud EBITDA Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
EBITDA | - | - | - | - | - | - | - | - | $37.12M | - | - | $18.80M | $16.35M | $4.69M |
Avg Forecast | $40.70M | $35.92M | $38.51M | $32.27M | $35.38M | $30.34M | $29.90M | $26.37M | $24.33M | $17.77M | $15.34M | $13.48M | $13.02M | $13.40M |
High Forecast | $40.70M | $35.92M | $38.51M | $32.27M | $35.38M | $30.34M | $29.90M | $26.37M | $24.33M | $17.79M | $15.34M | $13.48M | $13.02M | $13.40M |
Low Forecast | $40.70M | $35.92M | $38.51M | $32.27M | $35.38M | $30.34M | $29.90M | $26.37M | $24.33M | $17.75M | $15.34M | $13.48M | $13.02M | $13.40M |
Surprise % | - | - | - | - | - | - | - | - | 1.53% | - | - | 1.39% | 1.26% | 0.35% |
GigaCloud Net Income Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Net Income | - | - | - | - | - | - | - | - | $35.58M | - | - | $15.94M | $12.48M | $657.00K |
Avg Forecast | $51.90M | $39.47M | $40.30M | $34.37M | $41.82M | $30.50M | $30.37M | $25.88M | $24.02M | $15.73M | $15.32M | $5.38M | $1.24M | $-7.04M |
High Forecast | $51.90M | $39.47M | $40.30M | $34.37M | $41.82M | $30.50M | $30.37M | $25.88M | $24.02M | $16.25M | $15.32M | $5.38M | $1.24M | $-7.04M |
Low Forecast | $51.90M | $39.47M | $40.30M | $34.37M | $41.82M | $30.50M | $30.36M | $25.88M | $24.02M | $15.22M | $15.32M | $5.38M | $1.24M | $-7.04M |
Surprise % | - | - | - | - | - | - | - | - | 1.48% | - | - | 2.96% | 10.04% | -0.09% |
GigaCloud SG&A Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
SG&A | - | - | - | - | - | - | - | - | $27.13M | - | - | $11.05M | $10.19M | $18.30M |
Avg Forecast | $42.87M | $37.84M | $40.57M | $34.00M | $37.27M | $31.96M | $31.50M | $27.78M | $25.63M | $18.72M | $16.16M | $14.21M | $13.72M | $14.12M |
High Forecast | $42.87M | $37.84M | $40.57M | $34.00M | $37.27M | $31.96M | $31.50M | $27.78M | $25.63M | $18.75M | $16.16M | $14.21M | $13.72M | $14.12M |
Low Forecast | $42.87M | $37.84M | $40.57M | $34.00M | $37.27M | $31.96M | $31.50M | $27.78M | $25.63M | $18.70M | $16.16M | $14.21M | $13.72M | $14.12M |
Surprise % | - | - | - | - | - | - | - | - | 1.06% | - | - | 0.78% | 0.74% | 1.30% |
GigaCloud EPS Forecast
Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
EPS | - | - | - | - | - | - | - | - | $0.87 | - | - | $0.39 | $0.31 | $0.01 |
Avg Forecast | $1.25 | $0.95 | $0.97 | $0.83 | $1.01 | $0.74 | $0.73 | $0.63 | $0.58 | $0.38 | $0.37 | $0.13 | $0.03 | $-0.17 |
High Forecast | $1.25 | $0.95 | $0.97 | $0.83 | $1.01 | $0.74 | $0.73 | $0.63 | $0.58 | $0.39 | $0.37 | $0.13 | $0.03 | $-0.17 |
Low Forecast | $1.25 | $0.95 | $0.97 | $0.83 | $1.01 | $0.74 | $0.73 | $0.63 | $0.58 | $0.37 | $0.37 | $0.13 | $0.03 | $-0.17 |
Surprise % | - | - | - | - | - | - | - | - | 1.50% | - | - | 3.00% | 10.33% | -0.06% |
GigaCloud Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
CETX | Cemtrex | $0.22 | $23.00 | 10354.55% | Buy |
STEM | Stem | $0.42 | $7.72 | 1738.10% | Hold |
ARQQ | Arqit Quantum | $5.86 | $14.00 | 138.91% | Buy |
GCT | GigaCloud | $22.69 | $50.00 | 120.36% | Buy |
PATH | UiPath | $12.32 | $25.43 | 106.41% | Hold |
ALAR | Alarum | $13.92 | $28.00 | 101.15% | Buy |
TLS | Telos | $3.82 | $5.13 | 34.29% | Hold |
ZS | Zscaler | $184.90 | $232.54 | 25.77% | Buy |
ADBE | Adobe | $481.35 | $592.03 | 22.99% | Buy |
PGY | Pagaya | $10.69 | $12.19 | 14.03% | Buy |
CRWD | CrowdStrike | $298.88 | $321.14 | 7.45% | Buy |
VMW | VMware | $142.48 | $149.13 | 4.67% | Hold |
NTNX | Nutanix | $62.51 | $63.23 | 1.15% | Buy |
NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
PANW | Palo Alto Networks | $361.12 | $315.68 | -12.58% | Buy |
PLTR | Palantir | $41.41 | $22.41 | -45.88% | Hold |
GCT Forecast FAQ
Is GigaCloud a good buy?
Yes, according to 1 Wall Street analysts, GigaCloud (GCT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of GCT's total ratings.
What is GCT's price target?
GigaCloud (GCT) average price target is $50 with a range of $50 to $50, implying a 120.36% from its last price of $22.69. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will GigaCloud stock go up soon?
According to Wall Street analysts' prediction for GCT stock, the company can go up by 120.36% (from the last price of $22.69 to the average price target of $50), up by 120.36% based on the highest stock price target, and up by 120.36% based on the lowest stock price target.
Can GigaCloud stock reach $30?
GCT's average twelve months analyst stock price target of $50 supports the claim that GigaCloud can reach $30 in the near future.
What are GigaCloud's analysts' financial forecasts?
GigaCloud's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.12B (high $1.12B, low $1.12B), average EBITDA is $121.99M (high $121.99M, low $121.99M), average net income is $128.57M (high $128.58M, low $128.56M), average SG&A $128.51M (high $128.51M, low $128.51M), and average EPS is $3.1 (high $3.11, low $3.1). GCT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.36B (high $1.36B, low $1.36B), average EBITDA is $147.39M (high $147.39M, low $147.39M), average net income is $166.04M (high $166.04M, low $166.04M), average SG&A $155.27M (high $155.27M, low $155.27M), and average EPS is $4.01 (high $4.01, low $4.01).
Did the GCT's actual financial results beat the analysts' financial forecasts?
Based on GigaCloud's last annual report (Dec 2023), the company's revenue was $703.83M, beating the average analysts forecast of $653.45M by 7.71%. Apple's EBITDA was $110.08M, beating the average prediction of $70.92M by 55.21%. The company's net income was $94.11M, beating the average estimation of $60.45M by 55.67%. Apple's SG&A was $71.39M, missing the average forecast of $74.71M by -4.44%. Lastly, the company's EPS was $2.3, beating the average prediction of $1.46 by 57.53%. In terms of the last quarterly report (Dec 2023), GigaCloud's revenue was $244.74M, beating the average analysts' forecast of $224.15M by 9.18%. The company's EBITDA was $37.12M, beating the average prediction of $24.33M by 52.60%. GigaCloud's net income was $35.58M, beating the average estimation of $24.02M by 48.13%. The company's SG&A was $27.13M, beating the average forecast of $25.63M by 5.88%. Lastly, the company's EPS was $0.87, beating the average prediction of $0.58 by 50.00%