Roth Capital Issues Negative Forecast for GCT Earnings

GigaCloud Technology Inc. (NASDAQ:GCT) – Analysts at Roth Capital reduced their Q2 2025 earnings per share (EPS) estimates for GigaCloud Technology in a report released on Tuesday, March 4th. Roth Capital analyst M. Koranda now forecasts that the company will earn $0.64 per share for the quarter, down from their prior forecast of $0.75. Roth Capital has a “Hold” rating on the stock. The consensus estimate for GigaCloud Technology’s current full-year earnings is $3.10 per share.

Several other brokerages have also recently issued reports on GCT. Lake Street Capital reduced their price objective on GigaCloud Technology from $50.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday. Roth Mkm downgraded GigaCloud Technology from a “buy” rating to a “neutral” rating and cut their price target for the stock from $32.00 to $15.00 in a research note on Tuesday. Two analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $36.67.

GigaCloud Technology Price Performance

Shares of NASDAQ:GCT opened at $15.53 on Wednesday. The firm has a market capitalization of $636.30 million, a price-to-earnings ratio of 4.91 and a beta of 1.94. The business’s 50 day simple moving average is $19.47 and its 200-day simple moving average is $21.27. GigaCloud Technology has a 12 month low of $13.60 and a 12 month high of $45.18.

GigaCloud Technology (NASDAQ:GCT) last issued its earnings results on Monday, March 3rd. The company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.14). GigaCloud Technology had a return on equity of 40.32% and a net margin of 11.75%. The company had revenue of $295.78 million for the quarter, compared to analyst estimates of $290.00 million. During the same quarter in the previous year, the company posted $0.87 earnings per share.

Institutional Investors Weigh In On GigaCloud Technology

Several hedge funds have recently made changes to their positions in GCT. Harvest Fund Management Co. Ltd acquired a new position in GigaCloud Technology in the third quarter valued at $6,956,000. Oasis Management Co Ltd. acquired a new position in shares of GigaCloud Technology during the 4th quarter valued at about $5,550,000. Geode Capital Management LLC lifted its holdings in shares of GigaCloud Technology by 90.7% during the 3rd quarter. Geode Capital Management LLC now owns 577,108 shares of the company’s stock worth $13,265,000 after acquiring an additional 274,506 shares during the period. Jane Street Group LLC boosted its position in shares of GigaCloud Technology by 1,599.5% in the fourth quarter. Jane Street Group LLC now owns 236,202 shares of the company’s stock worth $4,374,000 after acquiring an additional 222,304 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in GigaCloud Technology by 279.5% in the third quarter. Charles Schwab Investment Management Inc. now owns 214,569 shares of the company’s stock valued at $4,931,000 after purchasing an additional 158,033 shares during the period. Institutional investors and hedge funds own 34.94% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Frank Hurst Lin sold 2,663,076 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $21.80, for a total value of $58,055,056.80. Following the completion of the transaction, the insider now owns 1,406,813 shares of the company’s stock, valued at $30,668,523.40. The trade was a 65.43 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CTO Xin Wan sold 80,000 shares of the firm’s stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $22.14, for a total transaction of $1,771,200.00. Following the sale, the chief technology officer now owns 867,540 shares in the company, valued at approximately $19,207,335.60. This trade represents a 8.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,811,979 shares of company stock worth $61,233,745 in the last ninety days. Insiders own 43.00% of the company’s stock.

GigaCloud Technology Company Profile

GigaCloud Technology Inc provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories.