Northland Securities Predicts GRRR FY2028 Earnings

Key Points

• Northland Securities expects Gorilla Technology Group to remain unprofitable, forecasting FY2028 EPS of ($1.34) and FY2029 EPS of ($0.30), versus the current full-year consensus estimate of $0.97 per share.
• Gorilla reported a quarterly loss of ($0.40) per share, missing the $0.03 consensus estimate by $0.43, although revenue of $50.13 million exceeded expectations of $38.69 million.
• Analyst sentiment is mixed, with ratings ranging from buy to sell; MarketBeat reports a consensus “Hold” rating and a $41.33 price target. Shares opened at $15.45, with a 52-week range of $9.04 to $23.49.

Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) - Analysts at Northland Securities issued their FY2028 earnings estimates for Gorilla Technology Group in a report issued on Wednesday, August 26th. Northland Securities analyst M. Latimore expects that the company will earn ($1.34) per share for the year. The consensus estimate for Gorilla Technology Group's current full-year earnings is $0.97 per share. Northland Securities also issued estimates for Gorilla Technology Group's FY2029 earnings at ($0.30) EPS.

Gorilla Technology Group (NASDAQ:GRRR - Get Free Report) last released its quarterly earnings results on Monday, August 24th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.43). The firm had revenue of $50.13 million for the quarter, compared to analysts' expectations of $38.69 million.

GRRR has been the topic of several other reports. Zacks Research upgraded Gorilla Technology Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 19th. Cantor Fitzgerald reissued an "overweight" rating and set a $40.00 target price on shares of Gorilla Technology Group in a research note on Thursday, June 4th. Wall Street Zen cut Gorilla Technology Group from a "hold" rating to a "sell" rating in a report on Saturday, August 22nd. Weiss Ratings restated a "sell (d-)" rating on shares of Gorilla Technology Group in a research note on Friday, July 17th. Finally, Compass Point assumed coverage on shares of Gorilla Technology Group in a research report on Tuesday, August 18th. They set a "buy" rating and a $44.00 price objective on the stock. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $41.33.

Gorilla Technology Group Stock Performance

Shares of GRRR opened at $15.45 on Thursday. The business has a 50-day simple moving average of $14.97 and a two-hundred day simple moving average of $13.89. The company has a quick ratio of 2.91, a current ratio of 2.24 and a debt-to-equity ratio of 0.37. Gorilla Technology Group has a 52 week low of $9.04 and a 52 week high of $23.49. The stock has a market cap of $425.03 million, a price-to-earnings ratio of 171.67 and a beta of 0.34.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of GRRR. Bank of America Corp DE boosted its position in shares of Gorilla Technology Group by 60.0% during 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 during the period. Legal & General Group Plc grew its stake in shares of Gorilla Technology Group by 1.4% during the third quarter. Legal & General Group Plc now owns 72,077 shares of the company's stock valued at $1,331,000 after buying an additional 1,013 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Gorilla Technology Group in the first quarter worth approximately $61,000. Cetera Investment Advisers lifted its stake in shares of Gorilla Technology Group by 8.1% during the 1st quarter. Cetera Investment Advisers now owns 31,303 shares of the company's stock worth $330,000 after acquiring an additional 2,358 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Gorilla Technology Group by 21.8% during the 2nd quarter. Raymond James Financial Inc. now owns 17,698 shares of the company's stock worth $352,000 after acquiring an additional 3,168 shares during the last quarter. Institutional investors own 1.33% of the company's stock.

About Gorilla Technology Group

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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