WallStreetZenWallStreetZen

NASDAQ: GCT
Gigacloud Technology Inc Stock Forecast, Predictions & Price Target

Analyst price target for GCT

Based on 2 analysts offering 12 month price targets for Gigacloud Technology Inc.
Min Forecast
$50.00+98.1%
Avg Forecast
$59.50+135.74%
Max Forecast
$69.00+173.38%

Should I buy or sell GCT stock?

Based on 2 analysts offering ratings for Gigacloud Technology Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their GCT stock forecasts and price targets.

GCT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-07-29
lockedlocked$00.00+00.00%2024-05-22

1 of 1

Forecast return on equity

Is GCT forecast to generate an efficient return?
Company
37.91%
Industry
49.21%
Market
50.03%
GCT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is GCT forecast to generate an efficient return on assets?
Company
12.88%
Industry
15.42%
GCT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

GCT earnings per share forecast

What is GCT's earnings per share in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$2.67-4.3%
Avg 2 year Forecast
$3.29+17.74%
GCT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

GCT revenue forecast

What is GCT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.2B+18.42%
Avg 2 year Forecast
$1.3B+35.88%
GCT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

GCT earnings growth forecast

How is GCT forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
-4.3%
Industry
9.43%
Market
33.07%
GCT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
GCT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
GCT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

GCT revenue growth forecast

How is GCT forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
18.42%
Industry
10.51%
Market
10.25%
GCT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
GCT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

GCT vs Software Infrastructure Stocks

TickerPricePrice TargetUp/downsideConsensus
GCT$25.24$59.50+135.74%Strong Buy
TIXT$3.82$5.38+40.71%Hold
GB$5.27N/AN/A
NN$7.91N/AN/A
RDWR$23.87$23.00-3.64%Strong Buy

Gigacloud Technology Stock Forecast FAQ

Is Gigacloud Technology Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: GCT) stock is to Strong Buy GCT stock.

Out of 2 analysts, 2 (100%) are recommending GCT as a Strong Buy, 0 (0%) are recommending GCT as a Buy, 0 (0%) are recommending GCT as a Hold, 0 (0%) are recommending GCT as a Sell, and 0 (0%) are recommending GCT as a Strong Sell.

If you're new to stock investing, here's how to buy Gigacloud Technology stock.

What is GCT's earnings growth forecast for 2024-2025?

(NASDAQ: GCT) Gigacloud Technology's forecast annual earnings growth rate of -4.3% is not forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 9.43%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 33.07%.

Gigacloud Technology's earnings in 2024 is $113,941,000.On average, 2 Wall Street analysts forecast GCT's earnings for 2024 to be $110,438,927, with the lowest GCT earnings forecast at $100,511,832, and the highest GCT earnings forecast at $120,366,022.

In 2025, GCT is forecast to generate $135,877,107 in earnings, with the lowest earnings forecast at $122,020,537 and the highest earnings forecast at $149,733,676.

What is GCT's revenue growth forecast for 2024-2025?

(NASDAQ: GCT) Gigacloud Technology's forecast annual revenue growth rate of 18.42% is forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 10.51%, and it is also forecast to beat the US market's average forecast revenue growth rate of 10.25%.

Gigacloud Technology's revenue in 2024 is $984,848,000.On average, 1 Wall Street analysts forecast GCT's revenue for 2024 to be $48,241,543,272, with the lowest GCT revenue forecast at $48,241,543,272, and the highest GCT revenue forecast at $48,241,543,272.

In 2025, GCT is forecast to generate $55,351,824,751 in revenue, with the lowest revenue forecast at $55,351,824,751 and the highest revenue forecast at $55,351,824,751.

What is GCT's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: GCT) forecast ROA is 12.88%, which is lower than the forecast US Software - Infrastructure industry average of 15.42%.

What is GCT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year GCT price target, the average GCT price target is $59.50, with the highest GCT stock price forecast at $69.00 and the lowest GCT stock price forecast at $50.00.

On average, Wall Street analysts predict that Gigacloud Technology's share price could reach $59.50 by Jul 29, 2025. The average Gigacloud Technology stock price prediction forecasts a potential upside of 135.74% from the current GCT share price of $25.24.

What is GCT's Earnings Per Share (EPS) forecast for 2024-2025?

(NASDAQ: GCT) Gigacloud Technology's current Earnings Per Share (EPS) is $2.79. On average, analysts forecast that GCT's EPS will be $2.67 for 2024, with the lowest EPS forecast at $2.43, and the highest EPS forecast at $2.91. In 2025, GCT's EPS is forecast to hit $3.29 (min: $2.95, max: $3.62).

What is GCT's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: GCT) forecast ROE is 37.91%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.