Analysts Set Expectations for GRRR FY2028 Earnings

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Equities researchers at Northland Securities issued their FY2028 earnings estimates for shares of Gorilla Technology Group in a research note issued on Wednesday, August 26th. Northland Securities analyst M. Latimore anticipates that the company will earn ($1.34) per share for the year. The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.97 per share. Northland Securities also issued estimates for Gorilla Technology Group’s FY2029 earnings at ($0.30) EPS.

Several other research firms also recently commented on GRRR. Compass Point assumed coverage on Gorilla Technology Group in a report on Tuesday, August 18th. They set a “buy” rating and a $44.00 price objective on the stock. Zacks Research upgraded Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Wall Street Zen downgraded Gorilla Technology Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 22nd. Cantor Fitzgerald restated an “overweight” rating and set a $40.00 price target on shares of Gorilla Technology Group in a research note on Thursday, June 4th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Gorilla Technology Group in a report on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $41.33.

Gorilla Technology Group Stock Up 10.0%

Shares of NASDAQ GRRR opened at $15.45 on Thursday. Gorilla Technology Group has a 52-week low of $9.04 and a 52-week high of $23.49. The firm has a market capitalization of $425.03 million, a price-to-earnings ratio of 171.67 and a beta of 0.34. The stock has a 50 day moving average price of $14.97 and a 200 day moving average price of $13.89. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.91 and a current ratio of 2.24.

Gorilla Technology Group (NASDAQ:GRRR) last issued its earnings results on Monday, August 24th. The company reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.43). The firm had revenue of $50.13 million for the quarter, compared to analyst estimates of $38.69 million.

Hedge Funds Weigh In On Gorilla Technology Group

A number of large investors have recently bought and sold shares of the business. Rathbones Group PLC lifted its holdings in Gorilla Technology Group by 69.9% during the first quarter. Rathbones Group PLC now owns 18,050 shares of the company’s stock worth $190,000 after buying an additional 7,425 shares during the period. Royal Bank of Canada increased its holdings 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 valued at $2,909,000 after acquiring an additional 101,551 shares during the period. Themes Management Co LLC increased its holdings in shares of Gorilla Technology Group by 8.0% in the 1st quarter. Themes Management Co LLC now owns 102,240 shares of the company’s stock valued at $1,077,000 after acquiring an additional 7,531 shares during the period. Cetera Investment Advisers raised its position in shares of Gorilla Technology Group by 8.1% in the 1st quarter. Cetera Investment Advisers now owns 31,303 shares of the company’s stock worth $330,000 after acquiring an additional 2,358 shares in the last quarter. Finally, SEB Asset Management AB bought a new position in shares of Gorilla Technology Group in the 1st quarter worth $161,000. Institutional investors own 1.33% of the company’s stock.

Gorilla Technology Group Company Profile

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.