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 192.74% upside from GCT’s last price of $17.08) 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 192.74% upside from GCT's last price of $17.08.
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% | 192.74% |
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 192.74% increase from GCT last price ($17.08).
GigaCloud Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 1 |
| Avg Price Target | - | $50.00 | $50.00 |
| Last Closing Price | $17.08 | $17.08 | $17.08 |
| Upside/Downside | -100.00% | 192.74% | 192.74% |
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 $17.08. This month's average price target is down -100.00% 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 | $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 | $378.23M | $333.83M | $357.88M | $299.93M | $328.80M | $281.96M | $277.86M | $245.11M | $226.10M | $165.17M | $142.53M | $125.33M | $121.04M | $124.57M |
| Low Forecast | $371.80M | $328.16M | $351.80M | $294.83M | $323.22M | $277.17M | $273.14M | $240.95M | $222.26M | $162.37M | $140.11M | $123.20M | $118.99M | $122.46M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | - | 1 | - | - | - | - | - |
| Surprise % | - | - | - | - | - | - | - | - | 1.09% | - | - | 1.03% | 1.05% | 1.04% |
GigaCloud's average Quarter revenue forecast for Mar 24 based on 0 analysts is $243.00M, with a low forecast of $240.95M, and a high forecast of $245.11M. 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 | 2 | 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 | $41.05M | $36.23M | $38.84M | $32.55M | $35.69M | $30.60M | $30.16M | $26.60M | $24.54M | $17.93M | $15.47M | $13.60M | $13.14M | $13.52M |
| Low Forecast | $40.35M | $35.62M | $38.18M | $32.00M | $35.08M | $30.08M | $29.64M | $26.15M | $24.12M | $17.62M | $15.21M | $13.37M | $12.91M | $13.29M |
| Surprise % | - | - | - | - | - | - | - | - | 1.53% | - | - | 1.39% | 1.26% | 0.35% |
0 analysts predict GCT's average Quarter EBITDA for Mar 24 to be $26.37M, with a high of $26.60M and a low of $26.15M. This is -28.96% 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 | 2 | 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 | $52.48M | $39.92M | $40.76M | $34.76M | $42.29M | $30.85M | $30.71M | $26.17M | $24.29M | $15.91M | $15.49M | $5.44M | $1.26M | $-6.96M |
| Low Forecast | $51.33M | $39.04M | $39.86M | $33.99M | $41.36M | $30.17M | $30.03M | $25.60M | $23.75M | $15.56M | $15.15M | $5.32M | $1.23M | $-7.12M |
| 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 $25.60M to $26.17M. 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 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 | 2 | 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 | $43.24M | $38.17M | $40.92M | $34.29M | $37.59M | $32.24M | $31.77M | $28.03M | $25.85M | $18.89M | $16.30M | $14.33M | $13.84M | $14.24M |
| Low Forecast | $42.51M | $37.52M | $40.22M | $33.71M | $36.95M | $31.69M | $31.23M | $27.55M | $25.41M | $18.56M | $16.02M | $14.09M | $13.60M | $14.00M |
| Surprise % | - | - | - | - | - | - | - | - | 1.06% | - | - | 0.78% | 0.74% | 1.30% |
GigaCloud's average Quarter SG&A projection for Mar 24 is $27.78M, based on 0 Wall Street analysts, with a range of $27.55M to $28.03M. The forecast indicates a 2.39% 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 | 2 | 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 | $1.27 | $0.96 | $0.98 | $0.84 | $1.02 | $0.74 | $0.74 | $0.63 | $0.59 | $0.38 | $0.37 | $0.13 | $0.03 | $-0.17 |
| Low Forecast | $1.24 | $0.94 | $0.96 | $0.82 | $1.00 | $0.73 | $0.73 | $0.62 | $0.57 | $0.38 | $0.37 | $0.13 | $0.03 | $-0.17 |
| Surprise % | - | - | - | - | - | - | - | - | 1.50% | - | - | 3.00% | 10.33% | -0.06% |
According to 0 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 | $0.14 | $23.00 | 16328.57% | Buy |
| ARQQ | Arqit Quantum | $0.29 | $14.00 | 4727.59% | Buy |
| STEM | Stem | $0.44 | $7.72 | 1654.55% | Hold |
| GCT | GigaCloud | $17.08 | $50.00 | 192.74% | Buy |
| ALAR | Alarum | $13.08 | $28.00 | 114.07% | Buy |
| PATH | UiPath | $12.51 | $25.53 | 104.08% | Hold |
| TLS | Telos | $3.42 | $5.13 | 50.00% | Hold |
| ZS | Zscaler | $170.06 | $232.54 | 36.74% | Buy |
| CRWD | CrowdStrike | $259.13 | $322.56 | 24.48% | Buy |
| ADBE | Adobe | $536.87 | $589.17 | 9.74% | Buy |
| NTNX | Nutanix | $59.06 | $63.15 | 6.93% | Buy |
| VMW | VMware | $142.48 | $149.13 | 4.67% | Hold |
| NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
| PGY | Pagaya | $12.55 | $12.19 | -2.87% | Buy |
| PANW | Palo Alto Networks | $346.90 | $312.48 | -9.92% | Buy |
| PLTR | Palantir | $35.59 | $20.72 | -41.78% | Buy |
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 192.74% from its last price of $17.08. 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 192.74% (from the last price of $17.08 to the average price target of $50), up by 192.74% based on the highest stock price target, and up by 192.74% 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 $1.13B, low $1.11B), average EBITDA is $121.99M (high $123.05M, low $120.96M), average net income is $128.57M (high $130.02M, low $127.16M), average SG&A $128.51M (high $129.63M, low $127.42M), and average EPS is $3.1 (high $3.14, low $3.07). GCT's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.36B (high $1.37B, low $1.35B), average EBITDA is $147.39M (high $148.68M, low $146.15M), average net income is $166.04M (high $167.92M, low $164.22M), average SG&A $155.27M (high $156.62M, low $153.96M), and average EPS is $4.01 (high $4.06, low $3.97).
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%