Q3 Earnings Estimate for GRRR Issued By Northland Securities

Key Points

• Northland Securities cut Gorilla Technology’s Q3 2026 EPS forecast to a loss of $0.30 from a projected profit of $0.04. The firm estimates a $1.65 loss per share for full-year 2026, compared with the broader consensus estimate of a $1.86 loss.
• Gorilla Technology previously reported a quarterly loss of $0.40 per share, missing the $0.03 consensus estimate, although revenue of $50.13 million exceeded expectations of $38.69 million.
• Analyst sentiment remains mixed, but the stock carries a consensus “Moderate Buy” rating and a $37.25 price target. Shares opened at $12.25, well below their 52-week high of $23.49.

Gorilla Technology Group Inc. (NASDAQ:GRRR - Free Report) - Research analysts at Northland Securities decreased their Q3 2026 earnings per share estimates for shares of Gorilla Technology Group in a report issued on Friday, October 2nd. Northland Securities analyst M. Latimore now forecasts that the company will post earnings per share of ($0.30) for the quarter, down from their previous forecast of $0.04. The consensus estimate for Gorilla Technology Group's current full-year earnings is ($1.86) per share. Northland Securities also issued estimates for Gorilla Technology Group's Q4 2026 earnings at $0.43 EPS, FY2026 earnings at ($1.65) EPS, Q1 2027 earnings at ($0.70) EPS, Q2 2027 earnings at ($0.46) EPS, Q3 2027 earnings at ($0.25) EPS, Q4 2027 earnings at ($0.10) EPS, FY2027 earnings at ($1.51) EPS, FY2028 earnings at ($2.00) EPS and FY2029 earnings at ($1.21) EPS.

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

Several other analysts have also commented on GRRR. Wall Street Zen lowered shares of Gorilla Technology Group from a "sell" rating to a "strong sell" rating in a research report on Sunday, August 30th. Weiss Ratings reaffirmed a "sell (d-)" rating on shares of Gorilla Technology Group in a report on Friday, July 17th. Compass Point started coverage on Gorilla Technology Group in a research note on Tuesday, August 18th. They issued a "buy" rating and a $44.00 price objective on the stock. Benchmark raised Gorilla Technology Group to a "strong-buy" rating in a report on Tuesday, September 29th. Finally, B. Riley Financial started coverage on Gorilla Technology Group in a research report on Monday, August 31st. They issued a "buy" rating for the company. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Gorilla Technology Group currently has a consensus rating of "Moderate Buy" and a consensus price target of $37.25.

Gorilla Technology Group Price Performance

GRRR opened at $12.25 on Tuesday. Gorilla Technology Group has a fifty-two week low of $9.04 and a fifty-two week high of $23.49. The firm has a 50-day moving average of $13.75 and a 200 day moving average of $14.27. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.91 and a current ratio of 2.24. The firm has a market cap of $337.00 million, a P/E ratio of -22.69 and a beta of 0.41.

Hedge Funds Weigh In On Gorilla Technology Group

Large investors have recently modified their holdings of the business. Rathbones Group PLC increased its holdings in Gorilla Technology Group by 69.9% during the 1st quarter. Rathbones Group PLC now owns 18,050 shares of the company's stock worth $190,000 after acquiring an additional 7,425 shares during the period. Royal Bank of Canada boosted its holdings in Gorilla Technology Group by 58.1% in the 1st quarter. Royal Bank of Canada now owns 276,244 shares of the company's stock valued at $2,909,000 after purchasing an additional 101,551 shares during the period. Themes Management Co LLC boosted its holdings in Gorilla Technology Group by 8.0% in the 1st quarter. Themes Management Co LLC now owns 102,240 shares of the company's stock valued at $1,077,000 after purchasing an additional 7,531 shares during the period. Cetera Investment Advisers grew its position 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 valued at $330,000 after purchasing an additional 2,358 shares in the last quarter. Finally, SEB Asset Management AB bought a new position in shares of Gorilla Technology Group in the first quarter worth $161,000. Hedge funds and other institutional investors own 1.33% of the company's stock.

Key Stories Impacting Gorilla Technology Group

Here are the key news stories impacting Gorilla Technology Group this week:

• Positive Sentiment: Northland raised its Q4 2026 EPS estimate slightly to $0.43 from $0.40, suggesting some anticipated near-term improvement. The firm also retained a Buy rating and a $40 price target. Gorilla Slides 5% Despite Northland Buy Rating and $40 Price Target
• Neutral Sentiment: Northland’s published estimates imply continued earnings volatility: Q3 2026 EPS is forecast at negative $0.30, followed by positive $0.43 in Q4 2026, while full-year 2026 EPS is projected at negative $1.65. The current consensus full-year estimate is negative $1.86.
• Negative Sentiment: Northland cut its Q3 2026 EPS forecast from $0.04 to negative $0.30 and reduced its FY2026 forecast from negative $1.33 to negative $1.65. These revisions indicate weaker near-term profitability than previously expected.
• Negative Sentiment: The analyst also lowered estimates across 2027, including Q1 EPS to negative $0.70 from negative $0.36, Q2 to negative $0.46 from negative $0.10, Q3 to negative $0.25 from positive $0.12, and FY2027 to negative $1.51 from negative $0.09.
• Negative Sentiment: Longer-term revisions were particularly severe: FY2028 EPS was cut to negative $2.00 from negative $1.40, while FY2029 was reduced to negative $1.21 from negative $0.05. The deeper projected losses undermine confidence in Gorilla Technology’s path to sustained profitability and are likely weighing on the stock.

Gorilla Technology Group Company Profile

Gorilla Technology Group Inc NASDAQ: GRRR is a technology company that develops artificial intelligence, edge computing, and video analytics solutions for governments, enterprises, and other organizations. Its offerings are designed to help customers analyze video and other data in real time, automate operations, and improve security and decision-making.

The company's technology supports smart-city and smart-country initiatives, including intelligent transportation, public safety, surveillance, and critical-infrastructure monitoring.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.