Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) - Investment analysts at Northland Securities raised their FY2027 EPS estimates for Gorilla Technology Group in a research note issued to investors on Thursday, January 29th. Northland Securities analyst M. Latimore now forecasts that the company will earn $1.45 per share for the year, up from their prior estimate of $1.35. The consensus estimate for Gorilla Technology Group's current full-year earnings is $0.33 per share.
Gorilla Technology Group (NASDAQ:GRRR - Get Free Report) last posted its earnings results on Monday, November 17th. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.02). The business had revenue of $26.48 million during the quarter, compared to the consensus estimate of $26.50 million.
Other equities analysts have also recently issued reports about the stock. Cantor Fitzgerald started coverage on shares of Gorilla Technology Group in a research note on Thursday, December 11th. They set an "overweight" rating and a $31.00 target price for the company. Weiss Ratings reiterated a "sell (d-)" rating on shares of Gorilla Technology Group in a research report on Wednesday, November 19th. Finally, Zacks Research upgraded shares of Gorilla Technology Group from a "strong sell" rating to a "hold" rating in a research report on Monday, January 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $35.50.
Get Our Latest Analysis on Gorilla Technology Group
Gorilla Technology Group Stock Down 9.1%
Shares of Gorilla Technology Group stock opened at $14.12 on Monday. Gorilla Technology Group has a 12-month low of $10.85 and a 12-month high of $44.15. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 0.02. The stock has a 50 day moving average price of $13.19 and a two-hundred day moving average price of $15.75. The stock has a market capitalization of $284.38 million, a P/E ratio of 52.30 and a beta of -0.24.
Institutional Trading of Gorilla Technology Group
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its position in Gorilla Technology Group by 60.0% in the second quarter. Bank of America Corp DE now owns 1,920 shares of the company's stock valued at $38,000 after buying an additional 720 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in Gorilla Technology Group during the 3rd quarter valued at $50,000. NewEdge Advisors LLC bought a new stake in Gorilla Technology Group during the first quarter worth $61,000. Sunbelt Securities Inc. purchased a new position in shares of Gorilla Technology Group in the 3rd quarter worth approximately $90,000. Finally, Rathbones Group PLC purchased a new position in Gorilla Technology Group in the third quarter valued at about $196,000. Institutional investors and hedge funds own 1.33% of the company's stock.
Gorilla Technology Group Company Profile
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Gorilla Technology Group is a Taiwan‐based provider of video computing and artificial intelligence solutions, offering software and hardware platforms for real‐time video analytics, facial recognition and edge‐computing applications. The company’s core business centers on the development of AI‐driven surveillance technologies that can be deployed in cloud, on-premise or hybrid environments. Gorilla Technology Group’s platforms are designed to process high-volume video data streams for security monitoring, operational optimization and business intelligence.
The company’s flagship offerings include video management systems integrated with smart analytics modules, IoT gateways for edge-level data processing and AI engines for tasks such as people counting, license plate recognition and behavioral analysis.
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