Gorilla Technology Group (NASDAQ:GRRR) Stock Rating Lowered by Wall Street Zen

Gorilla Technology Group (NASDAQ:GRRR) was downgraded by research analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued to investors on Sunday, Wall Street Zen reports.

A number of other research analysts have also recently issued reports on GRRR. Compass Point assumed coverage on shares of Gorilla Technology Group in a report on Tuesday, August 18th. They issued a “buy” rating and a $44.00 price target for the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Gorilla Technology Group in a research note on Friday, July 17th. Zacks Research raised Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $40.00 target price on shares of Gorilla Technology Group in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Gorilla Technology Group currently has an average rating of “Hold” and an average price target of $37.25.

Gorilla Technology Group Price Performance

Gorilla Technology Group stock opened at $15.04 on Friday. Gorilla Technology Group has a 52-week low of $9.04 and a 52-week high of $23.49. The company has a quick ratio of 2.91, a current ratio of 2.24 and a debt-to-equity ratio of 0.37. The firm’s fifty day moving average is $14.88 and its 200 day moving average is $13.94. The company has a market cap of $413.75 million, a price-to-earnings ratio of 167.11 and a beta of 0.34.

Gorilla Technology Group (NASDAQ:GRRR) last issued its quarterly earnings results on Monday, August 24th. The company reported ($0.40) earnings per share 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 analysts’ expectations of $38.69 million. Sell-side analysts forecast that Gorilla Technology Group will post -1.01 EPS for the current fiscal year.

Institutional Trading of Gorilla Technology Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of America Corp DE increased its holdings 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 worth $38,000 after acquiring an additional 720 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of Gorilla Technology Group during the first quarter worth about $61,000. Sunbelt Securities Inc. purchased a new position in Gorilla Technology Group in the 3rd quarter valued at about $90,000. Vident Advisory LLC acquired a new stake in Gorilla Technology Group in the 4th quarter worth about $110,000. Finally, SEB Asset Management AB purchased a new stake in Gorilla Technology Group during the 1st quarter worth approximately $161,000. 1.33% of the stock is currently owned by hedge funds and other institutional investors.

Gorilla Technology Group News Summary

Here are the key news stories impacting Gorilla Technology Group this week:

• Positive Sentiment: B. Riley initiates coverage with a Buy rating: B. Riley Financial set a $25 price target, implying substantial potential upside from recent trading levels. The new coverage may be supporting investor enthusiasm. Benzinga coverage report
• Positive Sentiment: AI infrastructure theme remains supportive: Gorilla’s shares rose as markets focused on increased spending on AI and data-center infrastructure. The move was notable because a benchmark data-center infrastructure fund was trading lower, suggesting company-specific optimism. Gorilla Surges 5% as AI Infrastructure Spending Ramps
• Neutral Sentiment: Analysts are updating earnings expectations: Northland Securities issued a forecast for Gorilla’s first-quarter results, while Zacks published a third-quarter earnings forecast. These updates may increase attention on upcoming results, but the available reports do not provide enough detail to determine the expected earnings direction. Q1 Earnings Forecast for GRRR Zacks Q3 Earnings Forecast
• Negative Sentiment: Northland reduced its Q3 EPS estimate: The downward revision signals potentially weaker-than-expected profitability and could temper optimism around the AI growth story. Q3 EPS Estimates Reduced by Northland Securities
• Negative Sentiment: Bearish positioning increased: Traders bought 15,686 put options, roughly 219% above typical daily put volume. This may reflect hedging or growing expectations of a pullback. Separately, Wall Street Zen downgraded GRRR to Strong Sell, adding to the stock’s risk signals. Wall Street Zen Strong Sell Downgrade

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.