Cantor Fitzgerald initiated coverage of Gorilla Technology with an Overweight rating and $31 price target. Gorilla is establishing itself as a next-generation sovereign AI and data-infrastructure leader, leveraging national-scale smart-city, cybersecurity, and edge-AI deployments that create high switching costs and a defensible market position, the analyst tells investors in a research note. With a pipeline of over $7B, a new $1.4B Southeast Asia AI datacenter mandate, and accelerating recurring GPU-as-a-Service revenue, the company enters FY25 at an inflection point and appears poised for multi-year structural growth in sovereign AI infrastructure, Cantor argues.
