GigaCloud Technology Inc
(NASDAQ:GCT)
$11.33
1.61[16.56%]
Last update: 2:35PM (Delayed 15-Minutes)
Get Real Time Here
$10.95
-0.3800[-3.35%]
After-Hours
Open10.960Close-
Vol / Avg.2.169M / 841.099KMkt Cap464.105M
Day Range9.900 - 12.27052 Wk Range4.790 - 18.600

GigaCloud Tech Stock (NASDAQ:GCT), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Buy

Highest Price Target1

$26.00

Lowest Price Target1

$16.00

Consensus Price Target1

$21.00

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
20000

Analyst Firms Making Recommendations1

  • Roth MKM
  • Aegis Capital

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for GigaCloud Tech

Upgrades (0)

Downgrades (0)

Initiations (2)

date
ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
Analyst & % Accurate
Price Target Change
Rating Change
Previous / Current Rating
Get Alert
09/19/2023GCTBuy Now
GigaCloud Tech
$10.9546.12%Roth MKM
Matt Koranda
→ $16ReiteratesBuy → BuyGet Alert
09/14/2023GCTBuy Now
GigaCloud Tech
$10.9546.12%Roth MKM
Matt Koranda
→ $16ReiteratesBuy → BuyGet Alert
08/16/2023GCTBuy Now
GigaCloud Tech
$10.9546.12%Roth MKM
Matt Koranda
$13 → $16MaintainsBuyGet Alert
06/16/2023GCTBuy Now
GigaCloud Tech
$10.9518.72%Roth MKM
Matt Koranda
→ $13Initiates → BuyGet Alert
03/20/2023GCTBuy Now
GigaCloud Tech
$10.95137.44%Aegis Capital
Rommel Dionisio
→ $26Reiterates → BuyGet Alert
10/03/2022GCTBuy Now
GigaCloud Tech
$10.95137.44%Aegis Capital
Rommel Dionisio
→ $26Initiates → BuyGet Alert
Q

What is the target price for GigaCloud Tech (GCT)?

A

The latest price target for GigaCloud Tech (NASDAQ: GCT) was reported by Roth MKM on September 19, 2023. The analyst firm set a price target for $16.00 expecting GCT to rise to within 12 months (a possible 41.22% upside). 5 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for GigaCloud Tech (GCT)?

A

The latest analyst rating for GigaCloud Tech (NASDAQ: GCT) was provided by Roth MKM, and GigaCloud Tech reiterated their buy rating.

Q

When is the next analyst rating going to be posted or updated for GigaCloud Tech (GCT)?

A

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 September 19, 2023 so you should expect the next rating to be made available sometime around September 19, 2024.

Q

Is the Analyst Rating GigaCloud Tech (GCT) correct?

A

While ratings are subjective and will change, the latest GigaCloud Tech (GCT) rating was a reiterated with a price target of $0.00 to $16.00. The current price GigaCloud Tech (GCT) is trading at is $11.33, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.