Q3 EPS Forecast for Gorilla Technology Group Cut by Analyst

Gorilla Technology Group Inc. (NASDAQ:GRRRFree Report) – Equities research analysts at Northland Capmk decreased their Q3 2026 earnings per share (EPS) estimates for Gorilla Technology Group in a research report issued to clients and investors on Tuesday, November 18th. Northland Capmk analyst M. Latimore now forecasts that the company will earn $0.26 per share for the quarter, down from their prior forecast of $0.33. The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.33 per share.

Gorilla Technology Group (NASDAQ:GRRRGet Free Report) last announced its quarterly earnings data on Monday, November 17th. The company reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The company had revenue of $26.48 million during the quarter, compared to analysts’ expectations of $26.50 million. Gorilla Technology Group has set its FY 2025 guidance at EPS. FY 2026 guidance at EPS.

A number of other equities research analysts have also issued reports on GRRR. Weiss Ratings reissued a “sell (d-)” rating on shares of Gorilla Technology Group in a report on Thursday, November 13th. Zacks Research downgraded shares of Gorilla Technology Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. One investment analyst has 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $18.00.

Check Out Our Latest Analysis on GRRR

Gorilla Technology Group Trading Up 8.9%

Shares of GRRR traded up $1.25 during midday trading on Thursday, reaching $15.33. The company had a trading volume of 478,119 shares, compared to its average volume of 2,432,767. Gorilla Technology Group has a 1-year low of $3.86 and a 1-year high of $44.15. The stock has a market cap of $308.73 million, a PE ratio of 516.57 and a beta of -0.28. The firm has a 50 day simple moving average of $17.21 and a 200-day simple moving average of $17.97. The company has a quick ratio of 2.48, a current ratio of 3.64 and a debt-to-equity ratio of 0.02.

Institutional Trading of Gorilla Technology Group

Hedge funds and other institutional investors have recently modified their holdings of the business. Twin Tree Management LP acquired a new position in Gorilla Technology Group in the first quarter valued at about $27,000. Bank of America Corp DE raised its stake in shares of 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 acquiring an additional 720 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of Gorilla Technology Group in the 1st quarter valued at approximately $61,000. Sunbelt Securities Inc. acquired a new position in shares of Gorilla Technology Group in the 3rd quarter worth approximately $90,000. Finally, Rathbones Group PLC purchased a new position in shares of Gorilla Technology Group during the 3rd quarter worth approximately $196,000. 1.33% of the stock is owned by institutional investors and hedge funds.

About Gorilla Technology Group

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Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.

See Also

Earnings History and Estimates for Gorilla Technology Group (NASDAQ:GRRR)

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