Northland Securities Weighs in on GRRR FY2028 Earnings

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Equities research analysts at Northland Securities cut their FY2028 earnings per share estimates for shares of Gorilla Technology Group in a report released on Friday, August 28th. Northland Securities analyst M. Latimore now anticipates that the company will earn ($1.40) per share for the year, down from their prior forecast of ($1.34). The consensus estimate for Gorilla Technology Group’s current full-year earnings is ($1.01) per share. Northland Securities also issued estimates for Gorilla Technology Group’s FY2029 earnings at ($0.05) EPS.

Gorilla Technology Group (NASDAQ:GRRR) last issued its earnings results on Monday, August 24th. The company reported ($0.40) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.43). The business had revenue of $50.13 million during the quarter, compared to analysts’ expectations of $38.69 million.

A number of other research firms have also recently weighed in on GRRR. Wall Street Zen cut shares of Gorilla Technology Group from a “sell” rating to a “strong sell” rating in a report on Sunday. Cantor Fitzgerald reissued an “overweight” rating and set a $40.00 target price on shares of Gorilla Technology Group in a research note on Thursday, June 4th. B. Riley Financial started coverage on shares of Gorilla Technology Group in a research report on Monday. They issued a “buy” rating and a $25.00 target price for the company. Compass Point initiated coverage on shares of Gorilla Technology Group in a research note on Tuesday, August 18th. They issued a “buy” rating and a $44.00 price target on the stock. Finally, Zacks Research upgraded shares of Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 19th. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Gorilla Technology Group presently has an average rating of “Hold” and an average price target of $37.25.

Gorilla Technology Group Stock Performance

Shares of GRRR opened at $15.04 on Tuesday. Gorilla Technology Group has a 1 year low of $9.04 and a 1 year high of $23.49. The company has a market cap of $413.75 million, a price-to-earnings ratio of 167.11 and a beta of 0.34. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.91 and a current ratio of 2.24. The firm has a fifty day moving average of $14.88 and a 200-day moving average of $13.94.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Rathbones Group PLC raised its stake in shares of Gorilla Technology Group by 69.9% during the first quarter. Rathbones Group PLC now owns 18,050 shares of the company’s stock valued at $190,000 after purchasing an additional 7,425 shares in the last quarter. Royal Bank of Canada lifted its holdings in Gorilla Technology Group by 58.1% in the first quarter. Royal Bank of Canada now owns 276,244 shares of the company’s stock worth $2,909,000 after purchasing an additional 101,551 shares during the period. Themes Management Co LLC grew its position in Gorilla Technology Group by 8.0% in the 1st quarter. Themes Management Co LLC now owns 102,240 shares of the company’s stock valued at $1,077,000 after buying an additional 7,531 shares in the last quarter. Cetera Investment Advisers grew its position in Gorilla Technology Group by 8.1% in the 1st quarter. Cetera Investment Advisers now owns 31,303 shares of the company’s stock valued at $330,000 after buying an additional 2,358 shares in the last quarter. Finally, SEB Asset Management AB acquired a new position in Gorilla Technology Group during the 1st quarter valued at about $161,000. 1.33% of the stock is owned by institutional investors and hedge funds.

More Gorilla Technology Group News

Here are the key news stories impacting Gorilla Technology Group this week:

• Positive Sentiment: B. Riley initiates coverage with a Buy rating: B. Riley Financial set a $25 price target, implying substantial potential upside from recent trading levels. The new coverage may be supporting investor enthusiasm. Benzinga coverage report
• Positive Sentiment: AI infrastructure theme remains supportive: Gorilla’s shares rose as markets focused on increased spending on AI and data-center infrastructure. The move was notable because a benchmark data-center infrastructure fund was trading lower, suggesting company-specific optimism. Gorilla Surges 5% as AI Infrastructure Spending Ramps
• Neutral Sentiment: Analysts are updating earnings expectations: Northland Securities issued a forecast for Gorilla’s first-quarter results, while Zacks published a third-quarter earnings forecast. These updates may increase attention on upcoming results, but the available reports do not provide enough detail to determine the expected earnings direction. Q1 Earnings Forecast for GRRR Zacks Q3 Earnings Forecast
• Negative Sentiment: Northland reduced its Q3 EPS estimate: The downward revision signals potentially weaker-than-expected profitability and could temper optimism around the AI growth story. Q3 EPS Estimates Reduced by Northland Securities
• Negative Sentiment: Bearish positioning increased: Traders bought 15,686 put options, roughly 219% above typical daily put volume. This may reflect hedging or growing expectations of a pullback. Separately, Wall Street Zen downgraded GRRR to Strong Sell, adding to the stock’s risk signals. Wall Street Zen Strong Sell Downgrade

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.