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GigaCloud Tech

GCTNASDAQ
Logo brought to you by Benzinga Data
$22.51
At close: Nov 18, 7:33 PM EDT
$22.53
0.020.09%
After Hours: 7:33 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$69.00
Lowest Price Target1
$26.00
Consensus Price Target1
$45.00

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

GigaCloud Technology Inc has a consensus price target of $45 based on the ratings of 4 analysts. The high is $69 issued by Maxim Group on May 22, 2024. The low is $26 issued by Aegis Capital on March 20, 2023. The 3 most-recent analyst ratings were released by Lake Street, Maxim Group, and Roth MKM on July 29, 2024, May 22, 2024, and April 2, 2024, respectively. With an average price target of $51.33 between Lake Street, Maxim Group, and Roth MKM, there's an implied 127.84% upside for GigaCloud Technology Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
4.0
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Lake Street
Maxim Group
Roth MKM
Aegis Capital

1calculated from analyst ratings

Analyst Ratings for GigaCloud Tech

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FAQ

Q

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

A

The latest price target for GigaCloud Tech (NASDAQ:GCT) was reported by Lake Street on July 29, 2024. The analyst firm set a price target for $50.00 expecting GCT to rise to within 12 months (a possible 121.93% upside). 4 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 Lake Street, and GigaCloud Tech initiated their buy rating.

Q

When was the last upgrade for GigaCloud Tech (GCT)?

A

There is no last upgrade for GigaCloud Tech

Q

When was the last downgrade for GigaCloud Tech (GCT)?

A

There is no last downgrade for GigaCloud Tech.

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 July 29, 2024 so you should expect the next rating to be made available sometime around July 29, 2025.

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 initiated with a price target of $0.00 to $50.00. The current price GigaCloud Tech (GCT) is trading at is $22.53, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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