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PYPL   64.51 (+0.86%)
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BABA   84.39 (+0.14%)
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NASDAQ:GCT

GigaCloud Technology (GCT) Stock Forecast, Price & News

$6.78
0.00 (0.00%)
(As of 06/5/2023 ET)
Compare
Today's Range
$6.60
▼
$6.90
50-Day Range
$5.01
▼
$7.16
52-Week Range
$4.14
▼
$62.00
Volume
417,748 shs
Average Volume
541,938 shs
Market Capitalization
$275.88 million
P/E Ratio
7.88
Dividend Yield
N/A
Price Target
$26.00
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

GigaCloud Technology MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
283.5% Upside
$26.00 Price Target
Short Interest
Healthy
2.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.90 out of 5 stars

Business Services Sector

223rd out of 332 stocks

Catalog & Mail-Order Houses Industry

8th out of 11 stocks

See Top Rated MarketRank™ Stocks Here

GCT stock logo

About GigaCloud Technology (NASDAQ:GCT) Stock

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise. 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. The company was formerly known as Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was founded in 2006 and is headquartered in Suzhou, China.

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GCT Stock News Headlines

May 25, 2023 | seekingalpha.com
GigaCloud Technology GAAP EPS of $0.39 beats by $0.26, revenue of $127.8M beats by $3.55M
May 24, 2023 | finance.yahoo.com
Q1 2023 GigaCloud Technology Inc Earnings Call
June 5, 2023 | Legacy Research (Affiliate) (Ad)
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
May 24, 2023 | markets.businessinsider.com
Why GigaCloud Shares Are Moving Wednesday
May 24, 2023 | markets.businessinsider.com
GigaCloud Surges On Improved Quarterly Results
May 24, 2023 | finance.yahoo.com
GigaCloud Technology Inc Announces First Quarter 2023 Financial Results, Reaching Highest Profitability in the Company’s History
May 19, 2023 | wsj.com
GigaCloud Technology Inc.
May 18, 2023 | finance.yahoo.com
GigaCloud to Participate and Present at Upcoming LD Micro Invitational XIII Conference
June 5, 2023 | Legacy Research (Affiliate) (Ad)
Sell Every Stock, Except ONE (Ticker Revealed)
We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.
May 17, 2023 | finance.yahoo.com
GigaCloud Technology Inc to Announce First Quarter 2023 Financial Results on May 24, 2023
May 17, 2023 | americanbankingnews.com
Financial Survey: GigaCloud Technology (NASDAQ:GCT) & ContextLogic (NASDAQ:WISH)
May 8, 2023 | finance.yahoo.com
GigaCloud Technology Inc Honored as Bronze Stevie® Award Winner in 2023 American Business Awards®
April 28, 2023 | seekingalpha.com
GCT GigaCloud Technology Inc.
April 28, 2023 | finance.yahoo.com
GigaCloud Technology Inc.'s (NASDAQ:GCT) top owners are individual investors with 30% stake, while 28% is held by insiders
April 24, 2023 | finance.yahoo.com
GigaCloud Technology Inc Files Its Annual Report on Form 20-F for Fiscal Year 2022
April 24, 2023 | americanbankingnews.com
Head to Head Analysis: GigaCloud Technology (GCT) versus Its Rivals
April 23, 2023 | americanbankingnews.com
GigaCloud Technology (GCT) vs. The Competition Financial Comparison
April 22, 2023 | americanbankingnews.com
Contrasting GigaCloud Technology (GCT) & Its Rivals
April 21, 2023 | americanbankingnews.com
GigaCloud Technology (GCT) and Its Rivals Head-To-Head Contrast
April 21, 2023 | americanbankingnews.com
Head-To-Head Contrast: GigaCloud Technology (GCT) vs. Its Competitors
April 20, 2023 | americanbankingnews.com
Reviewing GigaCloud Technology (GCT) and The Competition
April 19, 2023 | americanbankingnews.com
GigaCloud Technology (GCT) & Its Competitors Head-To-Head Analysis
April 15, 2023 | americanbankingnews.com
GigaCloud Technology (GCT) and The Competition Critical Survey
April 15, 2023 | americanbankingnews.com
Reviewing GigaCloud Technology (GCT) & The Competition
April 15, 2023 | americanbankingnews.com
Head to Head Review: GigaCloud Technology (GCT) & The Competition
April 15, 2023 | americanbankingnews.com
Critical Analysis: GigaCloud Technology (GCT) versus The Competition
April 15, 2023 | americanbankingnews.com
GigaCloud Technology (GCT) & Its Peers Head-To-Head Survey
See More Headlines

GCT Price History

GCT Company Calendar

Last Earnings
3/17/2023
Today
6/05/2023
Next Earnings (Estimated)
9/29/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Catalog & mail-order houses
Sub-Industry
N/A
Sector
Business Services
Current Symbol
NASDAQ:GCT
CUSIP
N/A
CIK
1857816
Web
www.gigacloudtech.com
Phone
852-2369-8219
Fax
N/A
Employees
N/A
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$26.00
High Stock Price Forecast
$26.00
Low Stock Price Forecast
$26.00
Forecasted Upside/Downside
+285.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$0.86
Trailing P/E Ratio
7.85
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$23.97 million
Net Margins
6.96%
Pretax Margin
6.36%
Return on Equity
18.02%
Return on Assets
8.40%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
2.51
Quick Ratio
1.75

Sales & Book Value

Annual Sales
$490.07 million
Price / Sales
0.56
Cash Flow
$0.62 per share
Price / Cash Flow
10.88
Book Value
$4.80 per share
Price / Book
1.41

Miscellaneous

Outstanding Shares
40,690,000
Free Float
N/A
Market Cap
$274.66 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Lei Wu (Age 51)
    Founder, Chairman & CEO
  • Mr. Kwok Hei Lau (Age 38)
    Chief Financial Officer
  • Mr. Xin Wan (Age 43)
    CTO & Director

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions













GCT Stock - Frequently Asked Questions

Should I buy or sell GigaCloud Technology stock right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GigaCloud Technology in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GCT shares.
View GCT analyst ratings or view top-rated stocks.

What is GigaCloud Technology's stock price forecast for 2023?

1 Wall Street analysts have issued 12 month target prices for GigaCloud Technology's shares. Their GCT share price forecasts range from $26.00 to $26.00. On average, they anticipate the company's share price to reach $26.00 in the next year. This suggests a possible upside of 285.2% from the stock's current price.
View analysts price targets for GCT or view top-rated stocks among Wall Street analysts.

How have GCT shares performed in 2023?

GigaCloud Technology's stock was trading at $5.69 on January 1st, 2023. Since then, GCT stock has increased by 18.6% and is now trading at $6.75.
View the best growth stocks for 2023 here.

When is GigaCloud Technology's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, September 29th 2023.
View our GCT earnings forecast.

How were GigaCloud Technology's earnings last quarter?

GigaCloud Technology Inc. (NASDAQ:GCT) announced its quarterly earnings results on Friday, March, 17th. The company reported $0.31 EPS for the quarter. GigaCloud Technology had a trailing twelve-month return on equity of 18.02% and a net margin of 6.96%.

What guidance has GigaCloud Technology issued on next quarter's earnings?

GigaCloud Technology updated its second quarter 2023 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $140.00 million-$145.00 million.

When did GigaCloud Technology IPO?

(GCT) raised $36 million in an IPO on Thursday, August 18th 2022. The company issued 2,900,000 shares at a price of $12.25 per share. Aegis Capital acted as the underwriter for the IPO.

What is GigaCloud Technology's stock symbol?

GigaCloud Technology trades on the NASDAQ under the ticker symbol "GCT."

Who are GigaCloud Technology's major shareholders?

GigaCloud Technology's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (0.11%), Renaissance Technologies LLC (0.03%) and Two Sigma Investments LP (0.03%).

How do I buy shares of GigaCloud Technology?

Shares of GCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is GigaCloud Technology's stock price today?

One share of GCT stock can currently be purchased for approximately $6.75.

How much money does GigaCloud Technology make?

GigaCloud Technology (NASDAQ:GCT) has a market capitalization of $274.66 million and generates $490.07 million in revenue each year. The company earns $23.97 million in net income (profit) each year or $0.86 on an earnings per share basis.

How can I contact GigaCloud Technology?

The official website for the company is www.gigacloudtech.com. The company can be reached via phone at 852-2369-8219 or via email at investor.relations@gigacloudtech.com.

This page (NASDAQ:GCT) was last updated on 6/5/2023 by MarketBeat.com Staff

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