GigaCloud Technology (GCT) to Announce Earnings on Thursday

GigaCloud Technology (NASDAQ:GCT) is expected to release its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect GigaCloud Technology to announce earnings of $0.90 per share and revenue of $380.6330 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:00 AM ET.

GigaCloud Technology (NASDAQ:GCT) last released its quarterly earnings results on Friday, May 8th. The company reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.17. GigaCloud Technology had a net margin of 10.77% and a return on equity of 31.48%. The business had revenue of $359.49 million for the quarter, compared to analyst estimates of $342.57 million. During the same period in the previous year, the company earned $0.68 earnings per share. The business’s revenue for the quarter was up 32.2% on a year-over-year basis. On average, analysts expect GigaCloud Technology to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

GigaCloud Technology Trading Up 3.4%

Shares of GCT opened at $46.46 on Wednesday. GigaCloud Technology has a 12 month low of $21.19 and a 12 month high of $51.86. The stock has a fifty day moving average price of $35.58 and a 200-day moving average price of $39.40. The firm has a market cap of $1.71 billion, a PE ratio of 11.67 and a beta of 1.65.

Institutional Investors Weigh In On GigaCloud Technology

A number of large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD lifted its position in GigaCloud Technology by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,880 shares of the company’s stock worth $585,000 after acquiring an additional 984 shares during the period. Commonwealth Equity Services LLC grew its stake in GigaCloud Technology by 22.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 14,106 shares of the company’s stock valued at $554,000 after purchasing an additional 2,563 shares during the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in shares of GigaCloud Technology in the fourth quarter valued at about $516,000. Legal & General Group Plc increased its holdings in shares of GigaCloud Technology by 16.4% in the second quarter. Legal & General Group Plc now owns 25,241 shares of the company’s stock valued at $499,000 after purchasing an additional 3,556 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of GigaCloud Technology by 34.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 32,230 shares of the company’s stock worth $458,000 after purchasing an additional 8,274 shares during the last quarter. 34.94% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Weiss Ratings lowered GigaCloud Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, June 8th. Wall Street Zen downgraded GigaCloud Technology from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 16th. Finally, Zacks Research lowered GigaCloud Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $33.00.

GigaCloud Technology Company Profile

GigaCloud Technology Inc (NASDAQ:GCT) is a China-based provider of software-as-a-service (SaaS) and cloud computing solutions tailored for cross-border e-commerce. The company’s core offering, its Supply Chain Embedded E-commerce as a Service (SCEaaS) platform, integrates procurement, order management, warehousing, logistics and payment services into a unified cloud-based system. This end-to-end digital supply chain solution is designed to help small and medium-sized Chinese exporters efficiently connect with global buyers without the need to build and maintain their own infrastructure.

Through its modular, subscription-based SaaS model, GigaCloud enables merchants to scale operations on demand and minimize upfront capital expenditures.