GCT stock icon

GigaCloud Technology
GCT

$29.47
3.43%

Market Cap: 1.21B

 

About: GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which is referred to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.

Employees: 1,362

0
Funds holding %
of 6,702 funds
Analysts bullish %
0
News positive %
of 35 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

184% more first-time investments, than exits

New positions opened: 54 | Existing positions closed: 19

55% more capital invested

Capital invested by funds: $109M [Q4 2023] → $169M (+$60.1M) [Q1 2024]

51% more funds holding

Funds holding: 68 [Q4 2023] → 103 (+35) [Q1 2024]

30% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 20

1.16% more ownership

Funds ownership: 18.84% [Q4 2023] → 20.0% (+1.16%) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

37% less call options, than puts

Call options by funds: $20.9M | Put options by funds: $33.1M

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$35
19%
upside
Avg. target
$52
76%
upside
High target
$69
134%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Maxim Group
Thomas Forte
134%upside
$69
Buy
Initiated
22 May 2024
Roth MKM
Matt Koranda
19%upside
$35
Buy
Maintained
2 Apr 2024

Financial journalist opinion

Based on 35 articles about GCT published over the past 30 days