GigaCloud Technology (GCT) to Release Quarterly Earnings on Thursday

GigaCloud Technology (NASDAQ:GCTGet Free Report) is anticipated to announce its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect GigaCloud Technology to announce earnings of $0.90 per share and revenue of $380.6330 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:00 AM ET.

GigaCloud Technology (NASDAQ:GCTGet Free Report) last issued its quarterly earnings data on Friday, May 8th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.17. GigaCloud Technology had a return on equity of 31.48% and a net margin of 10.77%.The firm had revenue of $359.49 million for the quarter, compared to analyst estimates of $342.57 million. During the same period last year, the company earned $0.68 EPS. The business’s quarterly revenue was up 32.2% compared to the same quarter last year. On average, analysts expect GigaCloud Technology to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

GigaCloud Technology Stock Performance

GCT opened at $44.94 on Tuesday. The stock has a market capitalization of $1.65 billion, a PE ratio of 11.29 and a beta of 1.72. The stock’s 50 day moving average price is $35.42 and its 200-day moving average price is $39.36. GigaCloud Technology has a 52-week low of $21.08 and a 52-week high of $51.86.

Hedge Funds Weigh In On GigaCloud Technology

A number of institutional investors have recently added to or reduced their stakes in GCT. Tower Research Capital LLC TRC boosted its stake in GigaCloud Technology by 25.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,372 shares of the company’s stock valued at $47,000 after purchasing an additional 483 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of GigaCloud Technology by 14.9% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,853 shares of the company’s stock worth $166,000 after purchasing an additional 759 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its holdings in shares of GigaCloud Technology by 7.1% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,880 shares of the company’s stock valued at $585,000 after purchasing an additional 984 shares in the last quarter. Quarry LP bought a new position in shares of GigaCloud Technology during the third quarter valued at $29,000. Finally, Larson Financial Group LLC purchased a new stake in shares of GigaCloud Technology during the third quarter valued at $30,000. Institutional investors own 34.94% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on GCT shares. Wall Street Zen downgraded shares of GigaCloud Technology from a “strong-buy” rating to a “buy” rating in a research report on Saturday, May 16th. Weiss Ratings cut shares of GigaCloud Technology from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, June 8th. Finally, Zacks Research lowered shares of GigaCloud Technology from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $33.00.

View Our Latest Research Report on GigaCloud Technology

GigaCloud Technology Company Profile

(Get Free Report)

GigaCloud Technology Inc (NASDAQ:GCT) is a China-based provider of software-as-a-service (SaaS) and cloud computing solutions tailored for cross-border e-commerce. The company’s core offering, its Supply Chain Embedded E-commerce as a Service (SCEaaS) platform, integrates procurement, order management, warehousing, logistics and payment services into a unified cloud-based system. This end-to-end digital supply chain solution is designed to help small and medium-sized Chinese exporters efficiently connect with global buyers without the need to build and maintain their own infrastructure.

Through its modular, subscription-based SaaS model, GigaCloud enables merchants to scale operations on demand and minimize upfront capital expenditures.

Further Reading

Earnings History for GigaCloud Technology (NASDAQ:GCT)

Receive News & Ratings for GigaCloud Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GigaCloud Technology and related companies with MarketBeat.com's FREE daily email newsletter.