Gorilla Surges 14% as Traders Reverse the Earnings Selloff, Evolv Eases
Gorilla Technology stock collapsed 11% on its earnings filing Tuesday, then did something traders did not expect on Wednesday. The question now is whether th...
GRRR surged 13% Wednesday to reverse Tuesday's 11% earnings selloff, with management's 2027 revenue guide of $450 to $500M sitting 29% above Wall Street consensus.
PLTR and BBAI are not joining GRRR's rally, and DTCR fell 0.6%, confirming the move is entirely stock-specific rather than a sector-wide bid.
Gorilla's adjusted EBITDA swung to a $14.6M first-half loss, and its 2027 target depends on completing construction across three countries on schedule.
Gorilla Technology Group ( NASDAQ:GRRR ) stock is up 14% to $15.97 Wednesday afternoon, reversing the 11% earnings-day drop the stock took Tuesday on its H1 2026 filing. The Global X Data Center & Digital Infrastructure ETF ( NASDAQ:DTCR ) shares are down 0.6% to $28.39, so today's move is Gorilla-specific rather than a data-center-wide bid.
Evolv Technologies ( NASDAQ:EVLV ) stock is down 1% to $5.23, easing after its own recent print. Gorilla stock was up 29% year to date through Tuesday's close, so today's snapback lands on a stock that already had a positive trend behind it.
No fresh company news has crossed the wire from Gorilla today. For GRRR, this is day two of a two-day round trip, a repricing of sentiment on the same disclosure traders sold Tuesday.
Gorilla's 6-K, filed August 24, showed H1 2026 revenue of $78.36 million, up from $39.33 million a year earlier, with Q2 revenue of $50.1 million, up 138% year over year. Management lifted the full-year 2026 revenue floor to at least $200 million and set a 2027 target of $450 million to $500 million.
That 2027 range sits 16% to 29% above Wall Street consensus of $386.7 million, per prior 24/7 Wall St. coverage. Gorilla CEO Jay Chandan called the quarter "the clearest evidence yet that Gorilla has entered a different phase of scale." Wednesday's bid on Gorilla stock suggests part of the market is finally willing to take that guide at face value.
What Happens After A $1,000,000 Retirement?
How do you continue to grow a seven-figure portfolio in retirement? The last thing you want is to run out of money, you want your money to generate lasting income while you enjoy your life.
Learn seven strategies high net worth investors use with new report: The Seven Secrets of High Net Worth Investors from Fisher Investments. Get your guide here (sponsor)
Nothing in Gorilla's fundamentals changed overnight. The company's adjusted loss per share was $0.58 for the first half against a $0.32 profit a year earlier, and its adjusted EBITDA swung to a first-half loss of $14.6 million from positive $6.2 million.
Topics in this story
Gathered from external sources. Rights to this text belong to whoever originally published it.