GLAC Logo

Greenland Acquisition Corp (GLAC) Stock Forecast & Price Prediction

Live GLAC Stock Price & Analysis

Home โ€บ Stocks โ€บ China | NASDAQ | Financial Services | Shell Companies

$10.81

+0.01 (0.09%)

12 Month Price Forecast For GLAC

$10.81
Current Price
$96.21M
Market Cap
0 Ratings
Buy 0
Hold 0
Sell 0
Wall St Analyst Ratings

Distance to GLAC Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

GLAC Price Momentum

+0.6%
1 Week Change
+1.4%
1 Month Change
+6.4%
1 Year Change
+1.4%
Year-to-Date Change
-1.3%
From 52W High of $10.95
+6.7%
From 52W Low of $10.14

๐Ÿค” Considering Greenland Acquisition (GLAC)?

Join 5,000+ investors getting our exclusive market analysis every Monday & Thursday. Stay ahead of breakout opportunities.

Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 8, 2025 3:31 AM UTC

GLAC Analyst Ratings & Price Targets

Currently, there are no Wall Street analyst price targets or forecasts available for GLAC (Greenland Acquisition).

GLAC is currently trading at $10.81. Without active analyst coverage, investors should conduct thorough independent research and consider multiple data points beyond price targets when evaluating this stock for their portfolio.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

GLAC Analyst Consensus

0
Buy
0
Hold
0
Sell

GLAC Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $10.81

Latest GLAC Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for GLAC.

Date Firm Analyst Rating Change Price Target

Stocks Similar to Greenland Acquisition Corp

The following stocks are similar to Greenland Acquisition based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Greenland Acquisition Corp (GLAC) Financial Data

Greenland Acquisition Corp has a market capitalization of $96.21M with a P/E ratio of 38.3x. The company generates $0 in trailing twelve-month revenue with a 0.0% profit margin.

Revenue growth is N/A quarter-over-quarter, while maintaining an operating margin of 0.0% and return on equity of +0.1%.

Valuation Metrics

Market Cap $96.21M
Enterprise Value $95.13M
P/E Ratio 38.3x
PEG Ratio -0.1x
Price/Sales 0.0x

Growth & Margins

Revenue Growth (YoY) N/A
Gross Margin N/A
Operating Margin 0.0%
Net Margin 0.0%
EPS Growth N/A

Financial Health

Cash/Price Ratio +0.0%
Current Ratio 0.2x
Debt/Equity 0.0x
ROE +0.1%
ROA -1.3%

๐Ÿ”ฅ Want More High-Potential Stock Ideas?

Join 5,000+ investors getting our research on stocks with massive upside potential.

Greenland Acquisition Corp logo

Greenland Acquisition Corp (GLAC) Company Overview

About Greenland Acquisition Corp

What They Do

Special purpose acquisition company (SPAC) seeking mergers.

Business Model

The company operates as a SPAC, aiming to raise capital through an initial public offering (IPO) and then identify and acquire a target business. It generates revenue by facilitating these mergers and potential future growth of the acquired entity.

Additional Information

Incorporated in 2021 and based in Beijing, it is focused on strategic business combinations and has not yet established significant operations.

Company Information

Sector

Financial Services

Industry

Shell Companies

Employees

0

CEO

Mr. Zhizhuang Miao

Country

China

IPO Year

2018

Website

Greenland Acquisition Corp (GLAC) Latest News & Analysis

GLAC stock latest news image
Quick Summary

W Straits Limited and Global Lights Acquisition Corp. are in ongoing negotiations for a potential business combination, following a non-binding letter of intent signed on November 22, 2024.

Why It Matters

W Straits and GLAC are negotiating a business combination, which could impact stock valuations, market positioning, and investor sentiment in the fintech sector.

Source: PRNewsWire
Market Sentiment: Neutral
GLAC stock latest news image
Quick Summary

W Straits Limited and Global Lights Acquisition Corp. have signed a non-binding letter of intent for a potential business combination, with W Straits' shareholders set to exchange shares for equity in the new entity.

Why It Matters

The potential merger between W Straits and GLAC could create a more robust fintech entity, impacting stock performance and offering new investment opportunities in the fintech sector.

Source: PRNewsWire
Market Sentiment: Neutral
GLAC stock latest news image
Quick Summary

Global Lights Acquisition Corp (NASDAQ: GLAC) completed its IPO, raising $69 million by issuing 6.9 million units at $10 each, with trading starting on November 14, 2023.

Why It Matters

Global Lights Acquisition Corp's IPO success and listing on Nasdaq signal investor interest and potential for future mergers, impacting market sentiment and investment opportunities.

Source: PRNewsWire
Market Sentiment: Neutral
GLAC stock latest news image
Quick Summary

Global Lights Acquisition Corp priced its IPO at $10.00 per unit, offering 6 million units, each consisting of one share and one right for a fraction of a share post-business combination.

Why It Matters

The IPO of Global Lights Acquisition Corp indicates increased SPAC activity, potentially attracting investors seeking opportunities in new ventures and influencing market sentiment.

Source: PRNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About GLAC Stock

What is Greenland Acquisition Corp's (GLAC) stock forecast for 2025?

Analyst forecasts for Greenland Acquisition Corp (GLAC) are not currently available. The stock is trading at $10.81.

Is GLAC stock a good investment in 2025?

Analyst ratings for GLAC are not currently available. The stock is currently trading at $10.81. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for GLAC stock?

Price predictions from Wall Street analysts for GLAC are not currently available. The stock is trading at $10.81.

What is Greenland Acquisition Corp's business model?

The company operates as a SPAC, aiming to raise capital through an initial public offering (IPO) and then identify and acquire a target business. It generates revenue by facilitating these mergers and potential future growth of the acquired entity.

What is the highest forecasted price for GLAC Greenland Acquisition Corp?

Price targets from Wall Street analysts for GLAC are not currently available. The stock is trading at $10.81.

What is the lowest forecasted price for GLAC Greenland Acquisition Corp?

Price targets from Wall Street analysts for GLAC are not currently available. The stock is trading at $10.81.

What is the overall GLAC consensus from analysts for Greenland Acquisition Corp?

Analyst ratings for GLAC are not currently available. The stock is trading at $10.81.

How accurate are GLAC stock price projections?

Stock price projections, including those for Greenland Acquisition Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.