Q4 EPS Estimates for GCT Semiconductor Lowered by B. Riley

Key Points

• B. Riley has lowered its Q4 2026 earnings per share estimate for GCT Semiconductor from $0.02 to $0.01, amidst a current full-year earnings consensus estimate of ($0.30) per share.
• GCT Semiconductor reported a quarterly loss of ($0.26) per share, falling short of analysts' expectations of ($0.14) and generated $1.18 million in revenue, significantly below the anticipated $2.26 million.
• The stock was recently downgraded from a "hold" to a "strong sell" rating by Wall Street Zen, indicating decreased confidence in the company's future performance.

GCT Semiconductor Holding, Inc. (NYSE:GCTS - Free Report) - Investment analysts at B. Riley dropped their Q4 2026 EPS estimates for shares of GCT Semiconductor in a report released on Wednesday, August 13th. B. Riley analyst C. Ellis now forecasts that the company will post earnings of $0.01 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for GCT Semiconductor's current full-year earnings is ($0.30) per share.

Separately, Wall Street Zen downgraded shares of GCT Semiconductor from a "hold" rating to a "strong sell" rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $5.00.

GCT Semiconductor Stock Performance

GCTS traded down $0.06 during mid-day trading on Thursday, reaching $1.18. 180,626 shares of the stock were exchanged, compared to its average volume of 362,008. The stock has a market capitalization of $65.91 million, a PE ratio of -1.74 and a beta of 1.20. The company has a 50 day moving average price of $1.41 and a two-hundred day moving average price of $1.55. GCT Semiconductor has a 1 year low of $0.90 and a 1 year high of $3.57.

GCT Semiconductor (NYSE:GCTS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The company reported ($0.26) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.12). The business had revenue of $1.18 million for the quarter, compared to analyst estimates of $2.26 million.

Insider Buying and Selling

In other GCT Semiconductor news, Director Hyunsoo Shin purchased 85,000 shares of GCT Semiconductor stock in a transaction on Tuesday, June 10th. The shares were acquired at an average cost of $1.18 per share, for a total transaction of $100,300.00. Following the completion of the transaction, the director directly owned 492,248 shares of the company's stock, valued at approximately $580,852.64. The trade was a 20.87% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 5.40% of the stock is owned by insiders.

Institutional Trading of GCT Semiconductor

Institutional investors have recently made changes to their positions in the stock. Engineers Gate Manager LP purchased a new stake in GCT Semiconductor in the second quarter worth $37,000. Squarepoint Ops LLC purchased a new stake in GCT Semiconductor in the fourth quarter worth $45,000. Renaissance Technologies LLC bought a new position in GCT Semiconductor in the fourth quarter worth $58,000. XTX Topco Ltd bought a new position in GCT Semiconductor in the second quarter worth $95,000. Finally, Goldman Sachs Group Inc. raised its holdings in GCT Semiconductor by 57.5% in the first quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company's stock worth $115,000 after purchasing an additional 25,535 shares in the last quarter. Hedge funds and other institutional investors own 28.06% of the company's stock.

About GCT Semiconductor

GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro.