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 178.86% upside from GCT’s last price of $17.93) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
GCT Price Target
The average price target for GigaCloud (GCT) is $50.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $50.00 to $50.00. This represents a potential 178.86% upside from GCT's last price of $17.93.
GCT Analyst Ratings
According to 1 Wall Street analysts, GigaCloud's rating consensus is 'Buy'. The analyst rating breakdown for GCT stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
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% | 178.86% |
The latest GigaCloud stock forecast, released on Jul 29, 2024 by Ryan Meyers from Loop Capital Markets, set a price target of $50.00, which represents a 73.25% increase from the stock price at the time of the forecast ($28.86), and a 178.86% increase from GCT last price ($17.93).
GigaCloud Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $50.00 |
| Last Closing Price | $17.93 | $17.93 | $17.93 |
| Upside/Downside | -100.00% | -100.00% | 178.86% |
In the current month, the average price target of GigaCloud stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to GigaCloud's last price of $17.93. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
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's last stock rating was published by Lake Street on Sep 03, 2024. The company gave GCT a "Buy" rating, the same as its previous rate.
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 | $334.50M | $352.00M | $344.57M | $281.40M | $288.33M | $279.53M | $275.47M | $243.00M | $224.15M | $163.75M | $141.30M | $124.25M | $120.00M | $123.50M |
| High Forecast | $337.53M | $355.19M | $347.69M | $283.95M | $290.94M | $281.47M | $275.47M | $245.20M | $226.18M | $163.95M | $142.58M | $125.37M | $121.09M | $123.50M |
| Low Forecast | $331.09M | $348.41M | $341.05M | $278.53M | $285.39M | $277.60M | $275.47M | $240.52M | $221.86M | $163.55M | $139.86M | $122.98M | $118.78M | $123.50M |
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | 1.09% | - | - | 1.03% | 1.05% | 1.04% |
GigaCloud's average Quarter revenue forecast for Mar 24 based on 1 analysts is $243.00M, with a low forecast of $240.52M, and a high forecast of $245.20M. GCT's average Quarter revenue forecast represents a -0.71% decrease compared to the company's last Quarter revenue of $244.74M (Dec 23).
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 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $37.12M | - | - | $18.80M | $16.35M | $4.69M |
| Avg Forecast | $36.02M | $37.91M | $37.11M | $30.30M | $31.05M | $30.10M | $29.67M | $26.17M | $24.14M | $17.63M | $15.22M | $13.38M | $12.92M | $13.40M |
| High Forecast | $36.35M | $38.25M | $37.44M | $30.58M | $31.33M | $30.31M | $29.67M | $26.41M | $24.36M | $17.66M | $15.35M | $13.50M | $13.04M | $13.40M |
| Low Forecast | $35.66M | $37.52M | $36.73M | $30.00M | $30.73M | $29.90M | $29.67M | $25.90M | $23.89M | $17.61M | $15.06M | $13.24M | $12.79M | $13.40M |
| Surprise % | - | - | - | - | - | - | - | - | 1.54% | - | - | 1.41% | 1.27% | 0.35% |
1 analysts predict GCT's average Quarter EBITDA for Mar 24 to be $26.17M, with a high of $26.41M and a low of $25.90M. This is -29.51% lower than GigaCloud's previous annual EBITDA (Dec 23) of $37.12M.
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 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $35.58M | - | - | $15.94M | $12.48M | $657.00K |
| Avg Forecast | $43.33M | $47.47M | $34.36M | $34.22M | $35.88M | $30.49M | $30.36M | $25.87M | $24.01M | $15.73M | $15.32M | $5.38M | $1.24M | $-7.04M |
| High Forecast | $43.84M | $48.03M | $34.76M | $34.62M | $36.30M | $31.81M | $30.36M | $26.18M | $24.29M | $16.25M | $15.50M | $5.44M | $1.26M | $-7.04M |
| Low Forecast | $42.75M | $46.84M | $33.90M | $33.77M | $35.40M | $29.18M | $30.35M | $25.53M | $23.69M | $15.21M | $15.11M | $5.31M | $1.23M | $-7.04M |
| Surprise % | - | - | - | - | - | - | - | - | 1.48% | - | - | 2.96% | 10.05% | -0.09% |
GigaCloud's average Quarter net income forecast for Mar 24 is $25.87M, with a range of $25.53M to $26.18M. GCT's average Quarter net income forecast represents a -27.28% decrease compared to the company's last Quarter net income of $35.58M (Dec 23).
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 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $27.13M | - | - | $11.05M | $10.19M | $18.30M |
| Avg Forecast | $38.30M | $40.30M | $39.45M | $32.22M | $33.01M | $32.00M | $31.54M | $27.82M | $25.66M | $18.75M | $16.18M | $14.23M | $13.74M | $14.12M |
| High Forecast | $38.64M | $40.67M | $39.81M | $32.51M | $33.31M | $32.23M | $31.54M | $28.07M | $25.90M | $18.77M | $16.32M | $14.35M | $13.86M | $14.12M |
| Low Forecast | $37.91M | $39.89M | $39.05M | $31.89M | $32.68M | $31.78M | $31.54M | $27.54M | $25.40M | $18.73M | $16.01M | $14.08M | $13.60M | $14.12M |
| Surprise % | - | - | - | - | - | - | - | - | 1.06% | - | - | 0.78% | 0.74% | 1.30% |
GigaCloud's average Quarter SG&A projection for Mar 24 is $27.82M, based on 1 Wall Street analysts, with a range of $27.54M to $28.07M. The forecast indicates a 2.53% rise compared to GCT last annual SG&A of $27.13M (Dec 23).
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 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.87 | - | - | $0.39 | $0.31 | $0.01 |
| Avg Forecast | $1.05 | $1.15 | $0.83 | $0.83 | $0.87 | $0.74 | $0.73 | $0.63 | $0.58 | $0.38 | $0.37 | $0.13 | $0.03 | $-0.17 |
| High Forecast | $1.06 | $1.16 | $0.84 | $0.84 | $0.88 | $0.77 | $0.73 | $0.63 | $0.59 | $0.39 | $0.37 | $0.13 | $0.03 | $-0.17 |
| Low Forecast | $1.03 | $1.13 | $0.82 | $0.82 | $0.86 | $0.70 | $0.73 | $0.62 | $0.57 | $0.37 | $0.37 | $0.13 | $0.03 | $-0.17 |
| Surprise % | - | - | - | - | - | - | - | - | 1.50% | - | - | 3.00% | 10.33% | -0.06% |
According to 1 Wall Street analysts, GigaCloud's projected average Quarter EPS for Mar 24 is $0.63, with a low estimate of $0.62 and a high estimate of $0.63. This represents a -28.16% decrease compared to GCT previous annual EPS of $0.87 (Dec 23).
GigaCloud Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CETX | Cemtrex | $3.16 | $24.63K | 779425.32% | Buy |
| GCT | GigaCloud | $19.69 | $50.00 | 153.94% | Buy |
| ALAR | Alarum | $11.59 | $28.00 | 141.59% | Buy |
| PGY | Pagaya | $9.74 | $21.00 | 115.61% | Buy |
| PANW | Palo Alto Networks | $201.24 | $400.29 | 98.91% | Buy |
| STEM | Stem | $0.36 | $0.60 | 66.67% | Hold |
| ADBE | Adobe | $455.23 | $614.25 | 34.93% | Buy |
| NTNX | Nutanix | $66.14 | $78.75 | 19.07% | Buy |
| ZS | Zscaler | $200.45 | $209.91 | 4.72% | Buy |
| PATH | UiPath | $13.91 | $14.50 | 4.24% | Hold |
| TLS | Telos | $3.79 | $3.83 | 1.06% | Hold |
| CRWD | CrowdStrike | $376.42 | $349.42 | -7.17% | Buy |
| PLTR | Palantir | $74.39 | $42.17 | -43.31% | Hold |
| ARQQ | Arqit Quantum | $33.00 | $14.00 | -57.58% | Buy |