Northland Securities Forecasts GRRR FY2027 Earnings

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Northland Securities increased their FY2027 earnings per share estimates for Gorilla Technology Group in a research note issued to investors on Thursday, January 29th. Northland Securities analyst M. Latimore now anticipates that the company will post earnings per share of $1.45 for the year, up from their prior forecast of $1.35. The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.33 per share.

A number of other equities analysts also recently issued reports on GRRR. Zacks Research raised Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. Weiss Ratings restated a “sell (d-)” rating on shares of Gorilla Technology Group in a research note on Wednesday, November 19th. Finally, Cantor Fitzgerald initiated coverage on Gorilla Technology Group in a research report on Thursday, December 11th. They set an “overweight” rating and a $31.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Gorilla Technology Group currently has a consensus rating of “Hold” and a consensus price target of $35.50.

Gorilla Technology Group Trading Down 6.6%

NASDAQ:GRRR opened at $12.32 on Monday. The stock has a market capitalization of $248.12 million, a price-to-earnings ratio of 45.63 and a beta of -0.24. Gorilla Technology Group has a 52 week low of $10.85 and a 52 week high of $44.15. The company has a quick ratio of 3.64, a current ratio of 3.64 and a debt-to-equity ratio of 0.02. The firm has a 50 day moving average of $13.18 and a 200 day moving average of $15.66.

Gorilla Technology Group (NASDAQ:GRRR) last released its quarterly earnings results on Monday, November 17th. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02). The business had revenue of $26.48 million for the quarter, compared to analyst estimates of $26.50 million.

Hedge Funds Weigh In On Gorilla Technology Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Oppenheimer & Co. Inc. lifted its position in Gorilla Technology Group by 82.0% during the 4th quarter. Oppenheimer & Co. Inc. now owns 122,456 shares of the company’s stock worth $1,337,000 after acquiring an additional 55,155 shares during the period. UBS Group AG raised its stake in shares of Gorilla Technology Group by 191.6% in the fourth quarter. UBS Group AG now owns 600,310 shares of the company’s stock worth $6,555,000 after purchasing an additional 394,443 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of Gorilla Technology Group by 39.1% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 20,765 shares of the company’s stock worth $227,000 after purchasing an additional 5,840 shares during the period. FNY Investment Advisers LLC purchased a new stake in Gorilla Technology Group in the third quarter valued at approximately $50,000. Finally, Sunbelt Securities Inc. acquired a new position in Gorilla Technology Group in the 3rd quarter worth approximately $90,000. Hedge funds and other 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.