tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Gorilla Technology Secures $1.4 Billion Contract for AI Data Centers in Southeast Asia

Story Highlights
Gorilla Technology Secures $1.4 Billion Contract for AI Data Centers in Southeast Asia

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Gorilla Technology Group Inc. ( (GRRR) ) is now available.

On September 17, 2025, Gorilla Technology Group Inc. announced a significant three-year, $1.4 billion contract with Freyr Singapore to develop AI-powered data centers across Southeast Asia, including Indonesia, Malaysia, and Thailand. The contract, which positions Gorilla as the lead provider of AI infrastructure, is expected to enhance the company’s market presence in the region. Phase One of the project, valued at $300 million, will commence in the fourth quarter of 2025, providing immediate revenue visibility. This strategic partnership with Freyr is set to capitalize on the growing Southeast Asian data center market, expected to exceed $12 to 15 billion, and aims to position Gorilla at the forefront of this expansion.

The most recent analyst rating on (GRRR) stock is a Hold with a $21.00 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 overall stock score of 60 reflects strong revenue growth and positive earnings call sentiment, tempered by significant profitability and cash flow challenges. The technical indicators show bullish momentum, but valuation concerns due to lack of profitability and dividends weigh on the score.

To see Spark’s full report on GRRR stock, click here.

More about Gorilla Technology Group Inc.

Gorilla Technology Group Inc., headquartered in London, UK, is a global solution provider specializing in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology. The company offers a range of solutions such as Smart City, Network, Video, Security Convergence, and IoT across various sectors including Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies.

Average Trading Volume: 1,908,539

Technical Sentiment Signal: Buy

Current Market Cap: $435.2M

Find detailed analytics on GRRR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1