GigaCloud Technology Inc. (GCT) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned -7.9%, compared to the Zacks S&P 500 composite's +4.8% change. During this period, the Zacks Technology Services industry, which GigaCloud Technology Inc. falls in, has gained 7.4%. The key question now is: What could be the stoc ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about GigaCloud Technology Inc. (GCT) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.GigaCloud Technology Inc. currently has an aver ...

EL MONTE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (NASDAQ:GCT) ("GigaCloud" or the "Company"), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today issued the following statement in response to the claims made in a report by Grizzly Research LLC, a short-seller, issued on May 22, 2024. The short-seller report lacks merit and contains numerous defamatory, selective, inaccurate, incomplete and misleading statements, speculation, and innuendo. Th ...

EL MONTE, Calif., May 23, 2024 (GLOBE NEWSWIRE) -- GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B technology solutions for large parcel merchandise, today issued the following statement in response to the claims made in a report by Grizzly Research LLC, a short-seller, issued on May 22, 2024. The short-seller report lacks merit and contains numerous defamatory, selective, inaccurate, incomplete and misleading statements, speculation, and innuendo. T ...

GigaCloud Technology (NASDAQ:GCT) stock is taking a beating on Wednesday after the company’s shares were hit with a short report from Grizzly Research.Grizzly Research alledges in its short report that GigaCloud Technology is a Chinese hustle that is manipulating data to attract investors. It claims that the company’s e-commerce website is only gets about 50 visitors per month. Even during its peak in June 2022, the firm notes visitors were only at about 1,000 users per month.Grizzly Research claims that th ...

ATLANTA, May 22, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC is investigating whether GigaCloud Technology Inc. ("GigaCloud" or the "Company") (NASDAQ:GCT) complied with federal securities laws. On May 22, 2024, Grizzly Research published a report alleging that GigaCloud "operates a complex web of undisclosed related party shell companies it uses to transact with itself and exaggerate marketplace growth." Following this news, the price of the Company's stock dropped. If you purchased GigaCloud stock and s ...

Net profit, also referred to as the bottom line, is one of the key tools determining the financial health of an enterprise. The metric demonstrates a company’s ability to convert per-dollar sales into profits.A low profit margin indicates higher risks, implying that a revenue drop might dampen profits, thus pushing a company into the red. GigaCloud Technology Inc. (GCT) , Great Lakes Dredge & Dock Corporation (GLDD) , Strategic Education, Inc. (STRA) and Teekay Tankers Ltd. (TNK) , however, boast solid net ...

GigaCloud Technology Inc. (GCT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this company have returned +11.6% over the past month versus the Zacks S&P 500 composite's +2% change. The Zacks Technology Services industry, to which GigaCloud Technology Inc. belongs, has gained 1.6% over this period. Now the key question is: Where could the stock be headed in the near t ...

2024 年 5 月 13 日 CMB 国际全球市场 | 股票研究 | 公司更新 GigaCloud (GCT US) 拥抱持续优异的表现 目标价 46.00 美元 GCT 在第 1 季度取得了良好的开端，并提供了强大的顶线和指导。我们认为，第 1 季度的净利润 涨 / 跌 23.2% 率暂时被新的履行中心费用和外汇波动稀释，但将在下半年逐步回升 （ 随着仓库利用率和年度运 现价 37.35 美元中国娱乐 费合同的提高 ） 。受户外家具需求增长的推动，我们对 2Q24E 收入增长持积极态度 （ 同比增长 73% ~ 83% ） 。通过不断扩大的履行网络和 BaaS 计划，我们对 GCT 的持续表现充满信心。我 苏菲黄 们维持全年财务预测不变，TP 为 46 美元。 (852) 3900 0889  坚实的 1Q24 与强大的顶线和指导。GCT 取得了强劲的第 1 季度业绩，收入同比增长 96% （ 比我们的预期高出 3% / 0% ），净利润为 2700 万美元 （ 同比增长 71%，比预 库存数据 期高出 7%，比我们的预期低 10% ） 。其 NPM 同比小幅下降 1.7 个百分点 （ 季度环比 市值上 ...

M N 13 May 2024 CMB International Global Markets | Equity Research | Company Update GigaCloud (GCT US) Embracing continued outperformance Target Price US$46.00 GCT delivered a solid start in 1Q24, with strong topline and guidance. 1Q24 Up/Downside 23.2% net margin was temporarily diluted by new fulfilment centers expenses Current Price US$37.35 and FX fluctuation, but will gradually pick up in 2H24E (with improving warehouse utilization and annual freight contracts), in our view. We are China Entertainment ...