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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 184.87% upside for GigaCloud Technology Inc from these most-recent analyst ratings.
1calculated from analyst ratings
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 177.47% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for GigaCloud Tech (NASDAQ:GCT) was provided by Lake Street, and GigaCloud Tech initiated their buy rating.
There is no last upgrade for GigaCloud Tech
There is no last downgrade for GigaCloud Tech.
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.
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 $18.02, which is within the analyst’s predicted range.
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