GigaCloud Technology (GCT) Expected to Announce Earnings on Thursday

Key Points

• GigaCloud Technology is set to release its Q2 2025 earnings on August 5th, with analysts predicting earnings of $0.46 per share and revenue of $290.08 million.
• In its previous quarter, GigaCloud reported $0.68 EPS, surpassing estimates and a 10.64% net margin, showing an 8.3% revenue increase year-over-year.
• The company approved a $16.00 million stock repurchase plan, indicating confidence in its undervalued stock; institutional investors hold 34.94% of the company’s shares.

GigaCloud Technology (NASDAQ:GCT - Get Free Report) will likely be announcing its Q2 2025 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of $0.46 per share and revenue of $290.08 million for the quarter. GigaCloud Technology has set its Q2 2025 guidance at EPS.

GigaCloud Technology (NASDAQ:GCT - Get Free Report) last posted its earnings results on Monday, May 12th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.22. GigaCloud Technology had a return on equity of 31.90% and a net margin of 10.64%. The firm had revenue of $271.91 million for the quarter, compared to analyst estimates of $259.80 million. During the same quarter in the prior year, the company earned $0.84 EPS. GigaCloud Technology's revenue was up 8.3% on a year-over-year basis. On average, analysts expect GigaCloud Technology to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

GigaCloud Technology Stock Performance

GCT stock traded down $1.27 on Friday, reaching $21.00. The company had a trading volume of 506,972 shares, compared to its average volume of 883,282. GigaCloud Technology has a 1 year low of $11.17 and a 1 year high of $29.20. The company's fifty day moving average is $19.94 and its 200 day moving average is $17.66. The company has a market cap of $799.62 million, a P/E ratio of 6.86 and a beta of 2.35.

Institutional Investors Weigh In On GigaCloud Technology

Institutional investors and hedge funds have recently bought and sold shares of the stock. Empowered Funds LLC lifted its stake in shares of GigaCloud Technology by 2.1% during the 1st quarter. Empowered Funds LLC now owns 198,933 shares of the company's stock worth $2,825,000 after purchasing an additional 4,034 shares during the period. Goldman Sachs Group Inc. raised its position in shares of GigaCloud Technology by 24.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 142,055 shares of the company's stock worth $2,017,000 after buying an additional 28,309 shares during the period. Jones Financial Companies Lllp raised its position in shares of GigaCloud Technology by 2,444.8% in the 1st quarter. Jones Financial Companies Lllp now owns 4,199 shares of the company's stock worth $60,000 after buying an additional 4,034 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in GigaCloud Technology by 34.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,230 shares of the company's stock valued at $458,000 after purchasing an additional 8,274 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in GigaCloud Technology by 355.1% in the 1st quarter. AQR Capital Management LLC now owns 99,669 shares of the company's stock valued at $1,415,000 after purchasing an additional 77,769 shares in the last quarter. Hedge funds and other institutional investors own 34.94% of the company's stock.

About GigaCloud Technology

GigaCloud Technology Inc provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories.