GigaCloud (GCT) Stock Forecast, Price Target & Predictions


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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


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 120.36% upside from GCT's last price of $22.69.

GCT Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 29, 2024Ryan MeyersLoop Capital Markets$50.00$28.8673.25%120.36%
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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 120.36% increase from GCT last price ($22.69).

GigaCloud Price Target by Period


1M3M12M
# Anlaysts--1
Avg Price Target--$50.00
Last Closing Price$22.69$22.69$22.69
Upside/Downside-100.00%-100.00%120.36%

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 $22.69. 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


DateCompanyPrevious RatingNew RatingRating Change
Sep 03, 2024Lake StreetBuyBuyHold
Jul 29, 2024Lake Street-BuyInitialise
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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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 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
# Analysts11111211111111
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 $243.00M, and a high forecast of $243.00M. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11111211111111
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%

1 analysts predict GCT's average Quarter EBITDA for Mar 24 to be $26.37M, with a high of $26.37M and a low of $26.37M. This is -28.96% lower than GigaCloud's previous annual EBITDA (Dec 23) of $37.12M.

GigaCloud Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11111211111111
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's average Quarter net income forecast for Mar 24 is $25.88M, with a range of $25.88M to $25.88M. GCT's average Quarter net income forecast represents a -27.25% decrease compared to the company's last Quarter net income of $35.58M (Dec 23).

GigaCloud SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11111211111111
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's average Quarter SG&A projection for Mar 24 is $27.78M, based on 1 Wall Street analysts, with a range of $27.78M to $27.78M. The forecast indicates a 2.39% rise compared to GCT last annual SG&A of $27.13M (Dec 23).

GigaCloud EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22
# Analysts11111211111111
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%

According to 1 Wall Street analysts, GigaCloud's projected average Quarter EPS for Mar 24 is $0.63, with a low estimate of $0.63 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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CETXCemtrex$0.22$23.0010354.55%Buy
STEMStem$0.42$7.721738.10%Hold
ARQQArqit Quantum$5.86$14.00138.91%Buy
GCTGigaCloud$22.69$50.00120.36%Buy
PATHUiPath$12.32$25.43106.41%Hold
ALARAlarum$13.92$28.00101.15%Buy
TLSTelos$3.82$5.1334.29%Hold
ZSZscaler$184.90$232.5425.77%Buy
ADBEAdobe$481.35$592.0322.99%Buy
PGYPagaya$10.69$12.1914.03%Buy
CRWDCrowdStrike$298.88$321.147.45%Buy
VMWVMware$142.48$149.134.67%Hold
NTNXNutanix$62.51$63.231.15%Buy
NEWRNew Relic$86.99$86.38-0.70%Buy
PANWPalo Alto Networks$361.12$315.68-12.58%Buy
PLTRPalantir$41.41$22.41-45.88%Hold

GCT Forecast FAQ


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.

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.

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.

GCT's average twelve months analyst stock price target of $50 supports the claim that GigaCloud can reach $30 in the near future.

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).

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%