Compass Point initiated coverage on Gorilla Technology Group with a Buy rating. The firm set a $44.00 price target. This valuation represents a significant premium over the current $14.95 price.
Gorilla maintains a commercial book totaling $5.5 billion. The company has signed 40,856 GPUs across India and Indonesia. This book has been building since March 2026. Gorilla provides infrastructure design, hardware integration, and cybersecurity for Asian GPU deployments.
Analysts project revenue will reach $1.2 billion in 2027. The 2026 revenue estimate stands at $222.2 million. Adjusted EBITDA is expected to rise to $772.7 million in 2027. The 2026 adjusted EBITDA forecast is $46.4 million.
The SEC will not review the company's $125 million convertible note filing. This filing should become effective around August 21.