Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
---|---|---|---|---|---|
09/19/2023 | 60% | Roth MKM | → $16 | Reiterates | Buy → Buy |
09/14/2023 | 60% | Roth MKM | → $16 | Reiterates | Buy → Buy |
08/16/2023 | 60% | Roth MKM | $13 → $16 | Maintains | Buy |
06/16/2023 | 30% | Roth MKM | → $13 | Initiates Coverage On | → Buy |
03/20/2023 | 160% | Aegis Capital | → $26 | Reiterates | → Buy |
10/03/2022 | 160% | Aegis Capital | → $26 | Initiates Coverage On | → Buy |
What is the target price for GigaCloud Tech (GCT)?
The latest price target for GigaCloud Tech (NASDAQ: GCT) was reported by Roth MKM on September 19, 2023. The analyst firm set a price target for $16.00 expecting GCT to rise to within 12 months (a possible 60.00% upside). 6 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for GigaCloud Tech (GCT)?
The latest analyst rating for GigaCloud Tech (NASDAQ: GCT) was provided by Roth MKM, and GigaCloud Tech reiterated their buy rating.
When is the next analyst rating going to be posted or updated for GigaCloud Tech (GCT)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of GigaCloud Tech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for GigaCloud Tech was filed on September 19, 2023 so you should expect the next rating to be made available sometime around September 19, 2024.
Is the Analyst Rating GigaCloud Tech (GCT) correct?
While ratings are subjective and will change, the latest GigaCloud Tech (GCT) rating was a reiterated with a price target of $0.00 to $16.00. The current price GigaCloud Tech (GCT) is trading at is $10.00, which is within the analyst's predicted range.