Northland Capmk Issues Optimistic Estimate for GRRR Earnings

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Equities researchers at Northland Capmk raised their Q1 2025 EPS estimates for shares of Gorilla Technology Group in a research report issued to clients and investors on Tuesday, April 1st. Northland Capmk analyst M. Latimore now anticipates that the company will post earnings of $0.01 per share for the quarter, up from their previous estimate of ($0.19). The consensus estimate for Gorilla Technology Group’s current full-year earnings is $0.33 per share. Northland Capmk also issued estimates for Gorilla Technology Group’s Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.19 EPS, Q2 2025 earnings at $0.19 EPS, Q3 2025 earnings at $0.25 EPS, Q3 2025 earnings at $0.25 EPS, Q4 2025 earnings at $0.31 EPS, FY2025 earnings at $0.76 EPS, FY2025 earnings at $0.76 EPS, FY2026 earnings at $1.01 EPS and FY2026 earnings at $1.01 EPS.

Separately, Northland Securities upped their target price on Gorilla Technology Group from $13.00 to $18.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd.

Gorilla Technology Group Stock Down 11.3 %

NASDAQ GRRR opened at $16.85 on Friday. The firm’s 50 day moving average price is $24.50 and its 200-day moving average price is $13.87. The company has a current ratio of 1.72, a quick ratio of 1.72 and a debt-to-equity ratio of 0.08. Gorilla Technology Group has a 52-week low of $2.09 and a 52-week high of $44.15.

Hedge Funds Weigh In On Gorilla Technology Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC bought a new stake in shares of Gorilla Technology Group in the 4th quarter valued at about $72,000. SBI Securities Co. Ltd. acquired a new stake in Gorilla Technology Group in the fourth quarter valued at approximately $1,389,000. Commonwealth Equity Services LLC boosted its stake in Gorilla Technology Group by 41.2% in the fourth quarter. Commonwealth Equity Services LLC now owns 39,991 shares of the company’s stock valued at $722,000 after acquiring an additional 11,663 shares in the last quarter. Creative Financial Designs Inc. ADV purchased a new position in Gorilla Technology Group in the fourth quarter worth $135,000. Finally, XTX Topco Ltd acquired a new position in shares of Gorilla Technology Group during the fourth quarter worth $426,000. Hedge funds and other institutional investors own 1.33% of the company’s stock.

Gorilla Technology Group Company Profile

Gorilla Technology Group Inc provides video intelligence, Internet of Things (IoT) security, and edge content management hardware, software, and services in the Asia Pacific region. The company operates through three segments: Video IoT, Security Convergence, and Other segments. It offers intelligent video analytics AI models for various verticals, such as behavioral analytics, people/face recognition, vehicle analysis, object recognition, and business intelligence that can scan video for patterns and distinguish specific items using AI algorithms and metadata.