GigaCloud Technology (NASDAQ:GCT – Get Free Report) is projected to announce its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect GigaCloud Technology to post earnings of $1.12 per share and revenue of $389.39 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 6:00 PM ET.
GigaCloud Technology (NASDAQ:GCT – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.26. GigaCloud Technology had a return on equity of 31.42% and a net margin of 10.65%. The company had revenue of $411.64 million for the quarter, compared to the consensus estimate of $380.63 million. On average, analysts expect GigaCloud Technology to post $4.92 EPS for the current fiscal year and $5.82 EPS for the next fiscal year.
GigaCloud Technology Stock Up 1.7%
NASDAQ:GCT opened at $60.63 on Thursday. GigaCloud Technology has a 12-month low of $25.39 and a 12-month high of $60.96. The firm has a market capitalization of $2.17 billion, a P/E ratio of 14.33 and a beta of 1.64. The stock’s fifty day simple moving average is $54.03 and its 200-day simple moving average is $43.75.
Insider Buying and Selling at GigaCloud Technology
In other GigaCloud Technology news, insider Marshall Bernes sold 13,800 shares of the stock in a transaction on Friday, September 25th. The shares were sold at an average price of $54.31, for a total value of $749,478.00. Following the sale, the insider directly owned 7,150 shares in the company, valued at approximately $388,316.50. This trade represents a 65.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Zhiwu Chen sold 3,000 shares of the stock in a transaction on Friday, September 18th. The stock was sold at an average price of $53.12, for a total transaction of $159,360.00. Following the completion of the sale, the director owned 21,057 shares in the company, valued at approximately $1,118,547.84. This trade represents a 12.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 127,000 shares of company stock valued at $6,636,604. Corporate insiders own 23.37% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently commented on GCT. Weiss Ratings upgraded GigaCloud Technology from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Zacks Research upgraded GigaCloud Technology from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. Finally, Wall Street Zen upgraded GigaCloud Technology from a “buy” rating to a “strong-buy” rating in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Strong Buy”.
View Our Latest Analysis on GigaCloud Technology
GigaCloud Technology Company Profile
GigaCloud Technology Inc (NASDAQ: GCT) operates a business-to-business e-commerce platform focused on the global trade of large-parcel merchandise. Its GigaCloud Marketplace connects manufacturers, primarily in Asia, with resellers and other business customers in markets including North America, Europe and Asia.
The company’s marketplace supports transactions involving products such as furniture, appliances, home improvement goods, fitness equipment and other oversized items. GigaCloud provides tools intended to help customers manage sourcing, product discovery, ordering and cross-border commerce through a single platform.
In addition to its marketplace, GigaCloud offers fulfillment and logistics services designed for large and bulky products.
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