Gorilla Technology Group (NASDAQ:GRRR) Posts Earnings Results, Misses Expectations By $0.02 EPS

Gorilla Technology Group (NASDAQ:GRRR) issued its quarterly earnings results on Monday. The company reported $0.24 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.02), Zacks reports. Gorilla Technology Group updated its FY 2025 guidance to EPS and its FY 2026 guidance to EPS.

Gorilla Technology Group Price Performance

NASDAQ:GRRR opened at $14.83 on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.16 and a quick ratio of 2.48. The stock has a market cap of $298.72 million, a P/E ratio of 492.37 and a beta of -0.28. The company has a fifty day moving average price of $17.29 and a 200 day moving average price of $18.00. Gorilla Technology Group has a one year low of $3.71 and a one year high of $44.15.

Analyst Ratings Changes

A number of brokerages have recently weighed in on GRRR. Weiss Ratings reiterated a “sell (d-)” rating on shares of Gorilla Technology Group in a report on Thursday, November 13th. Zacks Research lowered Gorilla Technology Group from a “strong-buy” rating to a “hold” rating in a report on Monday, August 18th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $18.00.

Hedge Funds Weigh In On Gorilla Technology Group

Several large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC acquired a new stake in shares of Gorilla Technology Group during the 1st quarter worth approximately $61,000. Goldman Sachs Group Inc. acquired a new position in shares of Gorilla Technology Group in the 1st quarter valued at $477,000. Geode Capital Management LLC bought a new stake in Gorilla Technology Group in the second quarter valued at about $251,000. Cetera Investment Advisers lifted its stake in 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 during the period. Finally, Raymond James Financial Inc. boosted its holdings in Gorilla Technology Group by 21.8% during the second quarter. Raymond James Financial Inc. now owns 17,698 shares of the company’s stock valued at $352,000 after purchasing an additional 3,168 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.