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Gorilla Technology (GRRR) stock rises 3% to $15.47 after Compass Point initiates coverage with a Buy rating and $44 price target
svmuu.com18/08/2026 13:54
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The bullish initiation by Compass Point highlights the potential scale of Gorilla Technology's commercial pipeline, particularly its five-year NeutraDC Batam project in Indonesia, which is expected to generate $2.5 billion in revenue. The company also raised its Q2 2026 revenue outlook to at least $44 million in June, up from $28.2 million in Q1.
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