Gorilla Technology Reports $100M Backlog and $10B Pipeline for AI Data Centers
Gorilla Technology Group Inc. (GRRR) reported a backlog exceeding $100 million and a pipeline of over $10 billion for AI data centers as it approaches 2026. Northland Securities raised its price target for the stock amid strong interest in AI deployments, while retail sentiment remained bullish, contributing to a 5% increase in share value. The company aims to deploy up to 100 megawatts by the end of 2026 and has secured significant contracts, including a $1.4 billion phased project in Southeast Asia.
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Gorilla Technology Group Inc. (GRRR) announced a contracted backlog exceeding $100 million as it entered 2026, targeting a qualified pipeline over $10 billion in AI infrastructure, national systems, and data centers.
Northland Securities raised its price target on the stock to $40 from $35, citing strong interest in AI data center deployments. Retail sentiment on Stocktwits was bullish with GRRR shares gaining over 5% on Thursday.
The company aims to deploy up to 100 megawatts (MW) by the end of 2026 and has recently deployed B300 servers for the government of Taiwan, winning contracts in public safety and environmental protection. A $1.4 billion agreement for a phased project with a contractor in Singapore includes sites in Indonesia, Thailand, and Malaysia. Revenue guidance for 2026 is set between $137 million and $200 million.
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