GRRR FY2027 EPS Estimate Reduced by Northland Securities

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Stock analysts at Northland Securities decreased their FY2027 earnings per share estimates for Gorilla Technology Group in a note issued to investors on Tuesday, March 3rd. Northland Securities analyst M. Latimore now expects that the company will earn $1.40 per share for the year, down from their previous estimate of $1.45. The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.33 per share.

Several other analysts have also commented on the stock. Cantor Fitzgerald began coverage on shares of Gorilla Technology Group in a research report on Thursday, December 11th. They issued an “overweight” rating and a $31.00 price target on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Gorilla Technology Group in a research report on Wednesday, November 19th. Finally, Zacks Research upgraded Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a research report on Monday, January 19th. One equities research 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 company. According to MarketBeat.com, Gorilla Technology Group has a consensus rating of “Hold” and an average target price of $35.50.

Gorilla Technology Group Price Performance

Shares of NASDAQ GRRR opened at $12.28 on Thursday. The company has a current ratio of 3.33, a quick ratio of 3.64 and a debt-to-equity ratio of 0.02. The company’s 50-day moving average price is $12.57 and its 200 day moving average price is $14.88. Gorilla Technology Group has a 52 week low of $10.49 and a 52 week high of $41.77. The stock has a market cap of $247.32 million, a price-to-earnings ratio of 45.48 and a beta of -0.21.

Hedge Funds Weigh In On Gorilla Technology Group

Large investors have recently added to or reduced their stakes in the business. UBS Group AG grew its holdings in Gorilla Technology Group by 191.6% in the 4th quarter. UBS Group AG now owns 600,310 shares of the company’s stock valued at $6,555,000 after buying an additional 394,443 shares during the period. State Street Corp raised its stake in Gorilla Technology Group by 13.2% during the fourth quarter. State Street Corp now owns 300,802 shares of the company’s stock worth $3,285,000 after purchasing an additional 34,998 shares during the period. SBI Securities Co. Ltd. raised its stake in Gorilla Technology Group by 23.3% during the third quarter. SBI Securities Co. Ltd. now owns 192,411 shares of the company’s stock worth $3,552,000 after purchasing an additional 36,416 shares during the period. Jump Financial LLC acquired a new position in shares of Gorilla Technology Group in the 2nd quarter valued at $3,672,000. Finally, Royal Bank of Canada grew its stake in shares of Gorilla Technology Group by 74.6% during the 4th quarter. Royal Bank of Canada now owns 174,693 shares of the company’s stock valued at $1,907,000 after buying an additional 74,648 shares during the period. 1.33% of the stock is currently owned by hedge funds and other institutional investors.

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.