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An update from Gorilla Technology Group Inc. ( (GRRR) ) is now available.
On April 30, 2026, Gorilla Technology Group Inc. changed its independent registered public accounting firm, appointing UHY LLP and dismissing Marcum Asia CPAs LLP, following an evaluation process approved by the board’s audit committee. Marcum Asia had audited the company’s consolidated financial statements for the fiscal years ended December 31, 2024 and 2025 without issuing adverse or qualified opinions.
The company reported that there were no disagreements or other reportable events with Marcum Asia regarding accounting principles, financial disclosures, or audit procedures through April 30, 2026. Gorilla also stated that it had not consulted UHY on accounting matters or potential audit opinions during the past two fiscal years and interim period, framing the transition as a routine auditor change rather than one driven by disputes over financial reporting.
The most recent analyst rating on (GRRR) stock is a Buy with a $40.00 price target. To see the full list of analyst forecasts on Gorilla Technology Group Inc. stock, see the GRRR Stock Forecast page.
Spark’s Take on GRRR Stock
According to Spark, TipRanks’ AI Analyst, GRRR is a Neutral.
The score is mainly held back by weak cash flow and ongoing net losses despite strong revenue growth and improving profitability. Technical momentum is favorable but looks overbought, adding near-term risk. Guidance and contract-driven outlook from the earnings call are a meaningful positive, while valuation remains constrained by negative earnings and no dividend.
To see Spark’s full report on GRRR stock, click here.
More about Gorilla Technology Group Inc.
Gorilla Technology Group Inc., headquartered in London, is a foreign private issuer listed in the United States and subject to SEC reporting requirements under the Securities Exchange Act of 1934. The company files annual reports on Form 20-F and utilizes various shelf and employee benefit registration statements to access U.S. capital markets and support its financing and compensation activities.
Average Trading Volume: 639,943
Technical Sentiment Signal: Buy
Current Market Cap: $418.7M
Find detailed analytics on GRRR stock on TipRanks’ Stock Analysis page.