Wall Street Zen cut shares of Gorilla Technology Group (NASDAQ:GRRR – Free Report) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.
A number of other research analysts have also weighed in on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Gorilla Technology Group in a report on Friday, July 17th. Zacks Research raised shares of Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. Cantor Fitzgerald restated an “overweight” rating and issued a $40.00 price objective on shares of Gorilla Technology Group in a research report on Thursday, June 4th. Finally, Compass Point initiated coverage on shares of Gorilla Technology Group in a research note on Tuesday, August 18th. They set a “buy” rating and a $44.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Gorilla Technology Group currently has an average rating of “Hold” and a consensus target price of $41.33.
View Our Latest Report on GRRR
Gorilla Technology Group Price Performance
Gorilla Technology Group (NASDAQ:GRRR – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.29). The company had revenue of $28.23 million during the quarter, compared to the consensus estimate of $26.01 million. As a group, equities research analysts forecast that Gorilla Technology Group will post 0.97 EPS for the current year.
Hedge Funds Weigh In On Gorilla Technology Group
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC bought a new position in Gorilla Technology Group in the 1st quarter worth about $61,000. Goldman Sachs Group Inc. purchased a new position in shares of Gorilla Technology Group during the first quarter worth about $477,000. Geode Capital Management LLC purchased a new position in shares of Gorilla Technology Group during the second quarter worth about $251,000. Cetera Investment Advisers grew its holdings in shares of Gorilla Technology Group by 28.4% during the second quarter. Cetera Investment Advisers now owns 20,622 shares of the company’s stock worth $410,000 after purchasing an additional 4,557 shares in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of Gorilla Technology Group by 21.8% in the second quarter. Raymond James Financial Inc. now owns 17,698 shares of the company’s stock worth $352,000 after purchasing an additional 3,168 shares during the last quarter. 1.33% of the stock is currently owned by hedge funds and other institutional investors.
Key Headlines Impacting Gorilla Technology Group
Here are the key news stories impacting Gorilla Technology Group this week:
- Positive Sentiment: First-half 2026 revenue surged 99% year over year to $78.4 million, reflecting stronger demand across Gorilla’s security, network intelligence, IoT and data-center businesses. Management raised its FY2026 revenue outlook to at least $200 million. Gorilla Technology H1 Revenue Surges 99% to US$78.4 Million; Raises FY2026 Revenue Outlook to at Least US$200 Million
- Positive Sentiment: Revenue guidance exceeded analyst expectations: third-quarter 2026 revenue is projected at $48 million-$50 million, versus a $44.2 million consensus estimate, while FY2027 guidance of $450 million-$500 million is well above the $360.7 million consensus. The company did not provide numerical EPS guidance in the reported update.
- Neutral Sentiment: Gorilla ended the period with approximately $179.4 million in cash and relatively low leverage, supporting continued investment in growth initiatives. Institutional activity was mixed, with several funds adding shares while others reduced positions.
- Negative Sentiment: Second-quarter adjusted performance missed expectations sharply: EPS was -$0.32 versus the consensus estimate of -$0.04, despite revenue of $50.13 million versus the $38.69 million forecast. Gorilla Technology earnings release
- Negative Sentiment: Profitability deteriorated as cost of sales reached $52.2 million, producing a $2.1 million gross loss, a $6.1 million operating loss and a $9.9 million net loss. Operating cash flow was negative $11 million, while capital expenditures climbed to $14.1 million.
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.
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