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 107.30% upside from GCT’s last price of $24.12) 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 107.30% upside from GCT's last price of $24.12.
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% | 107.30% |
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 107.30% increase from GCT last price ($24.12).
GigaCloud Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $50.00 |
| Last Closing Price | $24.12 | $24.12 | $24.12 |
| Upside/Downside | -100.00% | -100.00% | 107.30% |
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 $24.12. 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 | $338.30M | $344.63M | $351.17M | $284.23M | $299.97M | $279.53M | $275.47M | $243.00M | $224.15M | $163.75M | $141.30M | $124.25M | $120.00M | $123.50M |
| High Forecast | $341.17M | $347.55M | $354.14M | $286.64M | $302.51M | $281.47M | $275.47M | $245.06M | $226.05M | $163.95M | $142.50M | $125.30M | $121.02M | $123.50M |
| Low Forecast | $335.43M | $341.71M | $348.19M | $281.82M | $297.42M | $277.60M | $275.47M | $240.94M | $222.25M | $163.55M | $140.10M | $123.20M | $118.98M | $123.50M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 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 $240.94M, and a high forecast of $245.06M. 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | $37.12M | - | - | $18.80M | $16.35M | $4.69M |
| Avg Forecast | $36.37M | $37.05M | $37.75M | $30.55M | $32.25M | $30.05M | $29.61M | $26.12M | $24.10M | $17.60M | $15.19M | $13.36M | $12.90M | $13.40M |
| High Forecast | $36.67M | $37.36M | $38.07M | $30.81M | $32.52M | $30.26M | $29.61M | $26.34M | $24.30M | $17.62M | $15.32M | $13.47M | $13.01M | $13.40M |
| Low Forecast | $36.06M | $36.73M | $37.43M | $30.30M | $31.97M | $29.84M | $29.61M | $25.90M | $23.89M | $17.58M | $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 $26.12M, with a high of $26.34M and a low of $25.90M. This is -29.63% 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | $35.58M | - | - | $15.94M | $12.48M | $657.00K |
| Avg Forecast | $43.19M | $44.71M | $38.08M | $32.84M | $36.29M | $30.49M | $30.36M | $25.87M | $24.01M | $15.73M | $15.32M | $5.38M | $1.24M | $-7.04M |
| High Forecast | $43.66M | $45.20M | $38.50M | $33.20M | $36.69M | $31.81M | $30.36M | $26.16M | $24.27M | $16.25M | $15.49M | $5.44M | $1.26M | $-7.04M |
| Low Forecast | $42.71M | $44.21M | $37.66M | $32.48M | $35.89M | $29.18M | $30.35M | $25.59M | $23.74M | $15.21M | $15.15M | $5.32M | $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 $25.59M to $26.16M. 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | $27.13M | - | - | $11.05M | $10.19M | $18.30M |
| Avg Forecast | $38.73M | $39.46M | $40.21M | $32.54M | $34.34M | $32.00M | $31.54M | $27.82M | $25.66M | $18.75M | $16.18M | $14.23M | $13.74M | $14.12M |
| High Forecast | $39.06M | $39.79M | $40.55M | $32.82M | $34.63M | $32.23M | $31.54M | $28.06M | $25.88M | $18.77M | $16.31M | $14.35M | $13.86M | $14.12M |
| Low Forecast | $38.40M | $39.12M | $39.87M | $32.27M | $34.05M | $31.78M | $31.54M | $27.59M | $25.45M | $18.73M | $16.04M | $14.10M | $13.62M | $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 $27.59M to $28.06M. 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | $0.87 | - | - | $0.39 | $0.31 | $0.01 |
| Avg Forecast | $1.04 | $1.08 | $0.92 | $0.79 | $0.88 | $0.74 | $0.73 | $0.63 | $0.58 | $0.38 | $0.37 | $0.13 | $0.03 | $-0.17 |
| High Forecast | $1.05 | $1.09 | $0.93 | $0.80 | $0.89 | $0.77 | $0.73 | $0.63 | $0.59 | $0.39 | $0.37 | $0.13 | $0.03 | $-0.17 |
| Low Forecast | $1.03 | $1.07 | $0.91 | $0.78 | $0.87 | $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 | $0.20 | $23.00 | 11400.00% | Buy |
| STEM | Stem | $0.36 | $7.72 | 2044.44% | Hold |
| ALAR | Alarum | $13.29 | $28.00 | 110.68% | Buy |
| GCT | GigaCloud | $24.12 | $50.00 | 107.30% | Buy |
| PATH | UiPath | $13.68 | $25.43 | 85.89% | Hold |
| TLS | Telos | $3.32 | $5.38 | 62.05% | Hold |
| PGY | Pagaya | $9.00 | $12.19 | 35.44% | Buy |
| ARQQ | Arqit Quantum | $10.67 | $14.00 | 31.21% | Buy |
| ADBE | Adobe | $504.44 | $592.03 | 17.36% | Buy |
| ZS | Zscaler | $207.30 | $233.41 | 12.60% | Buy |
| VMW | VMware | $142.48 | $149.13 | 4.67% | Hold |
| NEWR | New Relic | $86.99 | $86.38 | -0.70% | Buy |
| CRWD | CrowdStrike | $357.55 | $321.14 | -10.18% | Buy |
| NTNX | Nutanix | $70.94 | $63.23 | -10.87% | Buy |
| PANW | Palo Alto Networks | $397.70 | $323.26 | -18.72% | Buy |
| PLTR | Palantir | $61.36 | $24.34 | -60.33% | Hold |