What is Northland Securities’ Forecast for GRRR Q1 Earnings?

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Equities researchers at Northland Securities issued their Q1 2027 earnings per share estimates for shares of Gorilla Technology Group in a research note issued to investors on Thursday, May 28th. Northland Securities analyst M. Latimore expects that the company will post earnings of $0.39 per share for the quarter. The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.87 per share. Northland Securities also issued estimates for Gorilla Technology Group’s Q2 2027 earnings at $0.57 EPS, Q3 2027 earnings at $0.71 EPS and Q4 2027 earnings at $0.91 EPS.

Separately, Zacks Research upgraded Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $35.50.

Gorilla Technology Group Trading Up 8.6%

NASDAQ GRRR opened at $17.74 on Friday. The stock has a market capitalization of $464.61 million, a price-to-earnings ratio of 65.70 and a beta of 0.16. The stock’s 50 day moving average price is $12.76 and its two-hundred day moving average price is $12.75. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.33 and a current ratio of 3.33. Gorilla Technology Group has a 52 week low of $9.04 and a 52 week high of $27.90.

Institutional Investors Weigh In On Gorilla Technology Group

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE lifted its stake in Gorilla Technology Group by 60.0% in the 2nd quarter. Bank of America Corp DE now owns 1,920 shares of the company’s stock valued at $38,000 after purchasing an additional 720 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Gorilla Technology Group in the 1st quarter valued at about $61,000. FNY Investment Advisers LLC bought a new stake in Gorilla Technology Group in the 3rd quarter valued at $50,000. Sunbelt Securities Inc. acquired a new stake in Gorilla Technology Group during the 3rd quarter valued at $90,000. Finally, Vident Advisory LLC acquired a new stake in Gorilla Technology Group during the 4th quarter valued at $110,000. 1.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Evan S. Medeiros sold 12,604 shares of the company’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $12.16, for a total transaction of $153,264.64. Following the sale, the director owned 20,936 shares in the company, valued at $254,581.76. This represents a 37.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 30.51% of the stock is currently owned by corporate insiders.

About Gorilla Technology Group

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.