Zacks Research Issues Positive Forecast for GRRR Earnings

Gorilla Technology Group Inc. (NASDAQ:GRRRFree Report) – Research analysts at Zacks Research upped their Q3 2027 earnings per share (EPS) estimates for shares of Gorilla Technology Group in a report released on Tuesday, August 25th. Zacks Research analyst B. Lantier now expects that the company will post earnings of $0.39 per share for the quarter, up from their previous estimate of $0.35. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.97 per share. Zacks Research also issued estimates for Gorilla Technology Group’s FY2027 earnings at $1.09 EPS.

Other equities research analysts have also issued reports about the stock. Cantor Fitzgerald restated an “overweight” rating and set a $40.00 target price on shares of Gorilla Technology Group in a research report on Thursday, June 4th. Wall Street Zen downgraded shares of Gorilla Technology Group from a “hold” rating to a “sell” rating in a report on Saturday, August 22nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Gorilla Technology Group in a research note on Friday, July 17th. Finally, Compass Point began coverage on shares of Gorilla Technology Group in a report on Tuesday, August 18th. They set a “buy” rating and a $44.00 price objective on the stock. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $41.33.

Check Out Our Latest Stock Analysis on Gorilla Technology Group

Gorilla Technology Group Trading Up 10.0%

Shares of GRRR stock opened at $15.45 on Thursday. The business’s fifty day moving average price is $14.97 and its 200 day moving average price is $13.89. The firm has a market capitalization of $425.03 million, a PE ratio of 171.67 and a beta of 0.34. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.24 and a quick ratio of 2.91. Gorilla Technology Group has a 1-year low of $9.04 and a 1-year high of $23.49.

Gorilla Technology Group (NASDAQ:GRRRGet Free Report) last posted its quarterly earnings results on Monday, August 24th. The company reported ($0.40) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.43). The firm had revenue of $50.13 million during the quarter, compared to analyst estimates of $38.69 million.

Hedge Funds Weigh In On Gorilla Technology Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. UBS Group AG increased its position in shares of Gorilla Technology Group by 191.6% in the fourth quarter. UBS Group AG now owns 600,310 shares of the company’s stock valued at $6,555,000 after buying an additional 394,443 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Gorilla Technology Group by 58.1% in the 1st quarter. Royal Bank of Canada now owns 276,244 shares of the company’s stock worth $2,909,000 after buying an additional 101,551 shares in the last quarter. Themes Management Co LLC purchased a new stake in shares of Gorilla Technology Group in the 4th quarter worth about $1,034,000. Capital Fund Management S.A. purchased a new stake in shares of Gorilla Technology Group in the 3rd quarter worth about $1,500,000. Finally, Osaic Holdings Inc. grew its stake in Gorilla Technology Group by 54.9% in the 4th quarter. Osaic Holdings Inc. now owns 157,673 shares of the company’s stock valued at $1,722,000 after acquiring an additional 55,875 shares during the last quarter. 1.33% of the stock is owned by institutional investors and hedge funds.

About Gorilla Technology Group

(Get Free Report)

Gorilla Technology Group is a Taiwan‐based provider of video computing and artificial intelligence solutions, offering software and hardware platforms for real‐time video analytics, facial recognition and edge‐computing applications. The company’s core business centers on the development of AI‐driven surveillance technologies that can be deployed in cloud, on-premise or hybrid environments. Gorilla Technology Group’s platforms are designed to process high-volume video data streams for security monitoring, operational optimization and business intelligence.

The company’s flagship offerings include video management systems integrated with smart analytics modules, IoT gateways for edge-level data processing and AI engines for tasks such as people counting, license plate recognition and behavioral analysis.

See Also

Earnings History and Estimates for Gorilla Technology Group (NASDAQ:GRRR)

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