$35.40
-0.96[-2.64%]
At close: Apr 26
$35.40
0[0.00%]
After Hours: 5:19PM EDT
GigaCloud Tech
(NASDAQ:GCT)GigaCloud Tech Stock (NASDAQ:GCT), Analyst Ratings, Price Targets, Predictions
GigaCloud Technology Inc has a consensus price target of $30.5, established from looking at the 8 latest analyst ratings. The last 3 analyst ratings were released from Roth MKM, Roth MKM, and Roth MKM on April 2, 2024, December 7, 2023, and September 19, 2023. With an average price target of $23 between Roth MKM, Roth MKM, and Roth MKM, there's an implied -35.03% downside for GigaCloud Technology Inc from these 3 analyst ratings.
Analyst Firms Making Recommendations1
Roth MKM
Aegis Capital
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for GigaCloud Tech
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 04/02/2024 | GCT | Buy Now | GigaCloud Tech | $35.40 | -1.13% | Roth MKM | Matt Koranda | $28 → $35 | Maintains | Buy | Get Alert |
| 12/07/2023 | GCT | Buy Now | GigaCloud Tech | $35.40 | -49.15% | Roth MKM | Matt Koranda | $16 → $18 | Maintains | Buy | Get Alert |
| 09/19/2023 | GCT | Buy Now | GigaCloud Tech | $35.40 | -54.8% | Roth MKM | Matt Koranda | → $16 | Reiterates | Buy → Buy | Get Alert |
| 09/14/2023 | GCT | Buy Now | GigaCloud Tech | $35.40 | -54.8% | Roth MKM | Matt Koranda | → $16 | Reiterates | Buy → Buy | Get Alert |
| 08/16/2023 | GCT | Buy Now | GigaCloud Tech | $35.40 | -54.8% | Roth MKM | Matt Koranda | $13 → $16 | Maintains | Buy | Get Alert |
| 06/16/2023 | GCT | Buy Now | GigaCloud Tech | $35.40 | -63.28% | Roth MKM | Matt Koranda | → $13 | Initiates | → Buy | Get Alert |
| 03/20/2023 | GCT | Buy Now | GigaCloud Tech | $35.40 | -26.55% | Aegis Capital | Rommel Dionisio | → $26 | Reiterates | → Buy | Get Alert |
| 10/03/2022 | GCT | Buy Now | GigaCloud Tech | $35.40 | -26.55% | Aegis Capital | Rommel Dionisio | → $26 | Initiates | → Buy | Get Alert |
FAQ
What is the target price for GigaCloud Tech (GCT)?
The latest price target for GigaCloud Tech (NASDAQ: GCT) was reported by Roth MKM on April 2, 2024. The analyst firm set a price target for $35.00 expecting GCT to fall to within 12 months (a possible -1.13% downside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for GigaCloud Tech (GCT)?
The latest analyst rating for GigaCloud Tech (NASDAQ: GCT) was provided by Roth MKM, and GigaCloud Tech maintained their buy rating.
When was the last upgrade for GigaCloud Tech (GCT)?
There is no last upgrade for GigaCloud Tech.
When was the last downgrade for GigaCloud Tech (GCT)?
There is no last downgrade for GigaCloud Tech.
When is the next analyst rating going to be posted or updated for GigaCloud Tech (GCT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of GigaCloud Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for GigaCloud Tech was filed on April 2, 2024 so you should expect the next rating to be made available sometime around April 2, 2025.
Is the Analyst Rating GigaCloud Tech (GCT) correct?
While ratings are subjective and will change, the latest GigaCloud Tech (GCT) rating was a maintained with a price target of $28.00 to $35.00. The current price GigaCloud Tech (GCT) is trading at is $35.40, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.