Gorilla Technology Group Inc. (NASDAQ:GRRR – Free Report) – Equities researchers at Northland Capmk increased their FY2026 earnings per share (EPS) estimates for Gorilla Technology Group in a report released on Wednesday, February 19th. Northland Capmk analyst M. Latimore now anticipates that the company will earn $0.63 per share for the year, up from their previous estimate of $0.51. 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 FY2027 earnings at $0.98 EPS.
Separately, Northland Securities lifted their price objective on Gorilla Technology Group from $13.00 to $18.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 22nd.
Gorilla Technology Group Trading Up 14.5 %
NASDAQ:GRRR opened at $30.34 on Thursday. The stock has a fifty day moving average price of $16.71 and a two-hundred day moving average price of $8.48. 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 1 year low of $2.09 and a 1 year high of $32.74.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Toronto Dominion Bank acquired a new stake in shares of Gorilla Technology Group in the fourth quarter valued at $903,000. Cetera Investment Advisers purchased a new position in Gorilla Technology Group in the fourth quarter valued at about $258,000. Centiva Capital LP purchased a new position in Gorilla Technology Group in the fourth quarter valued at about $424,000. BNP Paribas Financial Markets bought a new stake in shares of Gorilla Technology Group during the 4th quarter worth about $737,000. Finally, Anson Funds Management LP boosted its stake in shares of Gorilla Technology Group by 3,360.4% during the 4th quarter. Anson Funds Management LP now owns 600,000 shares of the company’s stock worth $10,836,000 after acquiring an additional 582,661 shares in the last quarter. Institutional investors and hedge funds 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.
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