Northland Capmk Has Optimistic Outlook of GRRR Q1 Earnings

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Analysts at Northland Capmk raised their Q1 2025 earnings estimates for Gorilla Technology Group in a note issued to investors on Wednesday, February 19th. Northland Capmk analyst M. Latimore now forecasts that the company will earn ($0.19) per share for the quarter, up from their prior forecast of ($0.20). 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 Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.03) EPS, Q4 2025 earnings at $0.59 EPS and FY2025 earnings at $0.28 EPS.

Separately, Northland Securities upped their price objective on shares of Gorilla Technology Group from $13.00 to $18.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd.

Gorilla Technology Group Price Performance

NASDAQ:GRRR opened at $29.99 on Friday. Gorilla Technology Group has a 1-year low of $2.09 and a 1-year high of $32.74. The company has a 50-day moving average of $17.15 and a 200 day moving average of $8.63. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.08.

Institutional Trading of Gorilla Technology Group

Several hedge funds have recently modified their holdings of the company. Vontobel Holding Ltd. acquired a new position in shares of Gorilla Technology Group during the third quarter valued at about $81,000. GSA Capital Partners LLP acquired a new position in shares of Gorilla Technology Group during the third quarter valued at about $55,000. Transcendent Capital Group LLC acquired a new position in shares of Gorilla Technology Group during the fourth quarter valued at about $72,000. SBI Securities Co. Ltd. acquired a new position in shares of Gorilla Technology Group during the fourth quarter valued at about $1,389,000. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Gorilla Technology Group by 41.2% during the fourth quarter. Commonwealth Equity Services LLC now owns 39,991 shares of the company’s stock valued at $722,000 after acquiring an additional 11,663 shares in the last quarter. 1.33% of the stock is owned by hedge funds and other institutional investors.

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.