StoneX initiated coverage of Gorilla Technology Group Inc. (GRRR) with a Buy rating and a price target of $25 per share.
StoneX analyst Gary Mobley cited the company’s strategic shift toward providing GPU as a Service (GPUaaS). He sees potential for about $5.8 billion in contracted revenue from three existing contracts, compared with the company’s current revenue base of more than $100 million.
If major programs begin on schedule in the fourth quarter of 2026, fiscal 2027 revenue estimates may need to be revised upward from current guidance of $560 million.