Q2 Earnings Forecast for GRRR Issued By Northland Securities

Gorilla Technology Group Inc. (NASDAQ:GRRR) – Investment analysts at Northland Securities lifted their Q2 2026 earnings estimates for shares of Gorilla Technology Group in a report issued on Thursday, May 28th. Northland Securities analyst M. Latimore now expects that the company will post earnings per share of $0.35 for the quarter, up from their prior forecast of $0.18. The consensus estimate for Gorilla Technology Group’s current full-year earnings is $1.61 per share. Northland Securities also issued estimates for Gorilla Technology Group’s Q3 2026 earnings at $0.59 EPS, Q4 2026 earnings at $0.84 EPS, FY2026 earnings at $1.61 EPS and FY2027 earnings at $2.59 EPS.

Gorilla Technology Group (NASDAQ:GRRR) last released its quarterly earnings results on Wednesday, May 27th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of $0.11 by ($0.29). The firm had revenue of $28.23 million for the quarter, compared to analysts’ expectations of $26.01 million.

Separately, Zacks Research upgraded shares of Gorilla Technology Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $35.50.

Gorilla Technology Group Price Performance

Gorilla Technology Group stock opened at $20.48 on Monday. Gorilla Technology Group has a fifty-two week low of $9.04 and a fifty-two week high of $27.90. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.91 and a current ratio of 2.91. The firm has a 50 day moving average price of $12.95 and a 200 day moving average price of $12.79. The company has a market capitalization of $536.37 million, a PE ratio of 75.85 and a beta of 0.28.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in GRRR. Bank of America Corp DE grew its position in shares of Gorilla Technology Group by 60.0% in the second quarter. Bank of America Corp DE now owns 1,920 shares of the company’s stock valued at $38,000 after purchasing an additional 720 shares during the last quarter. Legal & General Group Plc boosted its position in Gorilla Technology Group by 1.4% during the third quarter. Legal & General Group Plc now owns 72,077 shares of the company’s stock worth $1,331,000 after acquiring an additional 1,013 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in Gorilla Technology Group during the first quarter worth approximately $61,000. Cetera Investment Advisers raised its stake in Gorilla Technology Group by 8.1% during the first quarter. Cetera Investment Advisers now owns 31,303 shares of the company’s stock worth $330,000 after purchasing an additional 2,358 shares during the period. Finally, FNY Investment Advisers LLC purchased a new position in Gorilla Technology Group during the third quarter worth approximately $50,000. 1.33% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Gorilla Technology Group

In related news, Director Evan S. Medeiros sold 12,604 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $12.16, for a total transaction of $153,264.64. Following the completion of the transaction, the director directly owned 20,936 shares of the company’s stock, valued at $254,581.76. This represents a 37.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

About Gorilla Technology Group

Gorilla Technology Group is a Taiwan‐based provider of video computing and artificial intelligence solutions, offering software and hardware platforms for real‐time video analytics, facial recognition and edge‐computing applications. The company’s core business centers on the development of AI‐driven surveillance technologies that can be deployed in cloud, on-premise or hybrid environments. Gorilla Technology Group’s platforms are designed to process high-volume video data streams for security monitoring, operational optimization and business intelligence.

The company’s flagship offerings include video management systems integrated with smart analytics modules, IoT gateways for edge-level data processing and AI engines for tasks such as people counting, license plate recognition and behavioral analysis.