NASDAQ:GCT GigaCloud Technology (GCT) Stock Price, News & Analysis → Claim Your Complimentary Bitcoin Reward (From Crypto Swap Profits) (Ad) Free GCT Stock Alerts $31.14 +0.87 (+2.87%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$30.24▼$31.4650-Day Range$25.60▼$41.1152-Week Range$6.31▼$45.18Volume1.54 million shsAverage Volume3.05 million shsMarket Capitalization$1.27 billionP/E Ratio12.12Dividend YieldN/APrice Target$52.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get GigaCloud Technology alerts: Email Address GigaCloud Technology MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside67.0% Upside$52.00 Price TargetShort InterestBearish18.68% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.59Based on 20 Articles This WeekInsider TradingSelling Shares$49.26 M Sold Last QuarterProj. Earnings Growth23.69%From $3.25 to $4.02 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.81 out of 5 starsBusiness Services Sector78th out of 310 stocksCatalog & Mail - Order Houses Industry6th out of 15 stocks 3.5 Analyst's Opinion Consensus RatingGigaCloud Technology has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageGigaCloud Technology has only been the subject of 2 research reports in the past 90 days.Read more about GigaCloud Technology's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted18.68% of the float of GigaCloud Technology has been sold short.Short Interest Ratio / Days to CoverGigaCloud Technology has a short interest ratio ("days to cover") of 1.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in GigaCloud Technology has recently increased by 10.33%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldGigaCloud Technology does not currently pay a dividend.Dividend GrowthGigaCloud Technology does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GCT. Previous Next 3.1 News and Social Media Coverage News SentimentGigaCloud Technology has a news sentiment score of 0.59. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.73 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 20 news articles for GigaCloud Technology this week, compared to 6 articles on an average week.Search Interest90 people have searched for GCT on MarketBeat in the last 30 days. This is an increase of 32% compared to the previous 30 days.MarketBeat Follows73 people have added GigaCloud Technology to their MarketBeat watchlist in the last 30 days. This is an increase of 78% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, GigaCloud Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $49,256,053.00 in company stock.Percentage Held by Insiders43.00% of the stock of GigaCloud Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 34.94% of the stock of GigaCloud Technology is held by institutions.Read more about GigaCloud Technology's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for GigaCloud Technology are expected to grow by 23.69% in the coming year, from $3.25 to $4.02 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of GigaCloud Technology is 12.12, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.43.Price to Earnings Ratio vs. SectorThe P/E ratio of GigaCloud Technology is 12.12, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 16.27.Price to Book Value per Share RatioGigaCloud Technology has a P/B Ratio of 4.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about GigaCloud Technology's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaShocking $16T Elon Musk Crypto LeakReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About GigaCloud Technology Stock (NASDAQ:GCT)GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories. The company was formerly known as Oriental Standard Human Resources Holdings Limited and changed its name to GigaCloud Technology Inc. in February 2021. GigaCloud Technology Inc. was incorporated in 2006 and is headquartered in El Monte, California.Read More GCT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GCT Stock News HeadlinesMay 30 at 7:40 AM | marketbeat.comGigaCloud Technology Launches BaaS for B2B Marketplace PlatformGigaCloud Technology Inc. NASDAQ: GCT provides global end-to-end business-to-business (B2B) cross-border e-commerce solutions for large parcel merchandise. Its GigaCloud Marketplace platform enables product discovery to payments and logistics services connecting Asian manufacturers to resellers in the U.S., Europe and Asia.May 30 at 7:40 AM | marketbeat.comGigaCloud Technology Launches BaaS for B2B Marketplace PlatformGigaCloud Technology Inc. (NASDAQ: GCT) provides end-to-end business-to-business (B2B) cross-border e-commerce solutions for large parcel merchandise globally.May 21, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Frank Hurst Lin Sells 40,134 SharesMay 18, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 14,188 SharesMay 17, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) Director Sells $3,416,347.08 in StockMay 16, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 14,188 Shares of StockMay 15, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) COO Xinyan Hao Sells 282,545 SharesMay 14, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 118,874 Shares of StockMay 10, 2024 | insidertrades.comGigaCloud Technology Inc. (NASDAQ:GCT) CEO Lei Wu Sells 62,000 SharesMay 8, 2024 | insidertrades.comInsider Selling: GigaCloud Technology Inc. (NASDAQ:GCT) CEO Sells 44,000 Shares of StockMay 31 at 6:31 AM | investorplace.comGrowth Gone Wild: 3 Stocks Poised to Leave the Market in the DustMay 31 at 6:00 AM | seekingalpha.comGigaCloud Technology: Strong Buy With Short Squeeze Potential (SA Quant)May 31 at 4:38 AM | fool.comGigaCloud Technology Stock Is Up 470% in the Past Year. Time to Buy or Stay Away?May 30 at 1:14 PM | investorplace.comGrowth Stock Gambles: 3 High-Risk, High-Reward Plays for Aggressive InvestorsMay 30 at 7:06 AM | americanbankingnews.comGigaCloud Technology (NASDAQ:GCT) Shares Gap Down to $32.55May 28, 2024 | investorplace.comIf You Can Only Buy One Growth Stock in May, It Better Be One of These 3 NamesMay 28, 2024 | benzinga.comUnpacking the Latest Options Trading Trends in GigaCloud TechMay 28, 2024 | investorplace.comIf You Can Only Buy One Nasdaq Stock in May, It Better Be One of These 3 NamesMay 27, 2024 | investorplace.comWant to Make a Million? 3 High-Growth Stocks to Invest in NOW.May 27, 2024 | finance.yahoo.com3 High Insider Ownership US Growth Companies With At Least 11% Revenue GrowthMay 24, 2024 | finance.yahoo.com3 High Insider Ownership US Growth Companies With At Least 14% Revenue GrowthMay 24, 2024 | finance.yahoo.comJim Cramer Says You Should Stay Away From This Tech StockMay 23, 2024 | seekingalpha.comGigaCloud Technology: Facing Grizzly Without FearMay 23, 2024 | msn.comGigaCloud Technology gains amid company response to short reportMay 23, 2024 | msn.comGigaCloud (GCT) stock analysis: sell and don’t look backSee More Headlines Receive GCT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for GigaCloud Technology and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/09/2024Today6/02/2024Next Earnings (Estimated)8/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Catalog & mail - order houses Sub-IndustryN/A Current SymbolNASDAQ:GCT CUSIPN/A CIK1857816 Webwww.gigacloudtech.com Phone852-2369-8219FaxN/AEmployees1,362Year FoundedN/APrice Target and Rating Average Stock Price Target$52.00 High Stock Price Target$69.00 Low Stock Price Target$35.00 Potential Upside/Downside+67.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.57 Trailing P/E Ratio12.12 Forward P/E Ratio9.58 P/E GrowthN/ANet Income$94.11 million Net Margins12.74% Pretax Margin15.55% Return on Equity41.24% Return on Assets16.05% Debt Debt-to-Equity RatioN/A Current Ratio1.83 Quick Ratio1.09 Sales & Book Value Annual Sales$703.83 million Price / Sales1.81 Cash Flow$2.38 per share Price / Cash Flow13.10 Book Value$7.79 per share Price / Book4.00Miscellaneous Outstanding Shares40,800,000Free Float23,254,000Market Cap$1.27 billion OptionableNot Optionable Beta1.99 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Lei Wu (Age 51)Founder, Chairman & CEO Mr. Iman Schrock (Age 39)President Mr. Kwok Hei Lau (Age 39)Chief Financial Officer Mr. Xin Wan (Age 45)Chief Technology Officer Ms. Zoe WongGeneral CounselKey CompetitorsPC ConnectionNASDAQ:CNXNRevolve GroupNYSE:RVLVJumia TechnologiesNYSE:JMIABeyondNYSE:BYOND-Market Elektronik Hizmetler ve Ticaret A.S.NASDAQ:HEPSView All CompetitorsInsiders & InstitutionsTidal Investments LLCBought 64,800 shares on 5/17/2024Ownership: 0.159%Walleye Trading LLCBought 18,800 shares on 5/17/2024Ownership: 0.000%Frank Hurst LinSold 40,134 sharesTotal: $1.45 M ($36.21/share)Lei WuSold 14,188 sharesTotal: $511,619.28 ($36.06/share)Quadrature Capital LtdSold 52,051 shares on 5/15/2024Ownership: 0.248%View All Insider TransactionsView All Institutional Transactions GCT Stock Analysis - Frequently Asked Questions Should I buy or sell GigaCloud Technology stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GigaCloud Technology in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GCT shares. View GCT analyst ratings or view top-rated stocks. What is GigaCloud Technology's stock price target for 2024? 3 analysts have issued 1 year price objectives for GigaCloud Technology's shares. Their GCT share price targets range from $35.00 to $69.00. On average, they predict the company's stock price to reach $52.00 in the next year. This suggests a possible upside of 67.0% from the stock's current price. View analysts price targets for GCT or view top-rated stocks among Wall Street analysts. How have GCT shares performed in 2024? GigaCloud Technology's stock was trading at $18.30 at the start of the year. Since then, GCT stock has increased by 70.2% and is now trading at $31.14. View the best growth stocks for 2024 here. Are investors shorting GigaCloud Technology? GigaCloud Technology saw a increase in short interest in May. As of May 15th, there was short interest totaling 3,630,000 shares, an increase of 10.3% from the April 30th total of 3,290,000 shares. Based on an average daily trading volume, of 3,110,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 18.7% of the shares of the stock are sold short. View GigaCloud Technology's Short Interest. When is GigaCloud Technology's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024. View our GCT earnings forecast. How were GigaCloud Technology's earnings last quarter? GigaCloud Technology Inc. (NASDAQ:GCT) posted its quarterly earnings results on Thursday, May, 9th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.51 by $0.33. The business earned $251.08 million during the quarter, compared to analysts' expectations of $235 million. GigaCloud Technology had a trailing twelve-month return on equity of 41.24% and a net margin of 12.74%. During the same quarter last year, the business earned $0.39 EPS. What ETFs hold GigaCloud Technology's stock? ETFs with the largest weight of GigaCloud Technology (NASDAQ:GCT) stock in their portfolio include Innovator IBD 50 ETF (FFTY), Innovator IBD Breakout Opportunities ETF (BOUT) and Global X E-Commerce ETF (EBIZ).Direxion Daily AI and Big Data Bull 2X Shares (AIBU). What guidance has GigaCloud Technology issued on next quarter's earnings? GigaCloud Technology updated its second quarter 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $265.0 million-$280.0 million, compared to the consensus revenue estimate of $270.7 million. When did GigaCloud Technology IPO? GigaCloud Technology (GCT) raised $36 million in an initial public offering (IPO) on Thursday, August 18th 2022. The company issued 2,900,000 shares at a price of $12.25 per share. Aegis Capital served as the underwriter for the IPO. Who are GigaCloud Technology's major shareholders? GigaCloud Technology's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Acadian Asset Management LLC (0.93%), Empowered Funds LLC (0.40%), Simplex Trading LLC (0.00%), Quadrature Capital Ltd (0.25%), First Sabrepoint Capital Management LP (0.00%) and IMC Chicago LLC (0.00%). Insiders that own company stock include David Kwok Hei Lau, Frank Hurst Lin, Lei Wu, Xin Wan and Xinyan Hao. View institutional ownership trends. How do I buy shares of GigaCloud Technology? Shares of GCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:GCT) was last updated on 6/2/2024 by MarketBeat.com Staff From Our PartnersTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProShocking $16T Elon Musk Crypto LeakCrypto 101 MediaWarren Buffett, Jeff Bezos, Michael Bloomberg, & 48 Members of Congress Are Buying ONE Sector…InvestorPlaceExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersHe Is Giving Away BitcoinCrypto Swap ProfitsWrite this ticker symbol down…StocksToTradeBiden replacement revealed?Paradigm PressThis unknown company solves the biggest issue with AIManward Press Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding GigaCloud Technology Inc. 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