GCT Semiconductor Holding, Inc. (NYSE:GCTS - Free Report) - Investment analysts at B. Riley reduced their Q2 2025 earnings estimates for GCT Semiconductor in a research report issued to clients and investors on Thursday, May 15th. B. Riley analyst C. Ellis now expects that the company will post earnings per share of ($0.14) for the quarter, down from their prior estimate of ($0.11). B. Riley currently has a "Buy" rating and a $5.00 price target on the stock. The consensus estimate for GCT Semiconductor's current full-year earnings is ($0.30) per share. B. Riley also issued estimates for GCT Semiconductor's Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.48) EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at $0.00 EPS, FY2026 earnings at ($0.08) EPS and FY2027 earnings at $0.09 EPS.
GCT Semiconductor (NYSE:GCTS - Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.05). The company had revenue of $0.50 million during the quarter, compared to the consensus estimate of $1.87 million.
GCT Semiconductor Stock Performance
NYSE:GCTS traded down $0.12 during trading hours on Monday, reaching $1.07. The stock had a trading volume of 1,191,494 shares, compared to its average volume of 266,204. The stock has a market capitalization of $51.38 million, a PE ratio of -2.42 and a beta of 1.24. GCT Semiconductor has a 52 week low of $1.04 and a 52 week high of $5.80. The company has a 50 day moving average price of $1.54 and a two-hundred day moving average price of $2.06.
Hedge Funds Weigh In On GCT Semiconductor
Several hedge funds have recently added to or reduced their stakes in the company. Barclays PLC lifted its stake in shares of GCT Semiconductor by 321.3% during the 3rd quarter. Barclays PLC now owns 10,799 shares of the company's stock worth $36,000 after acquiring an additional 8,236 shares during the last quarter. Squarepoint Ops LLC purchased a new stake in GCT Semiconductor in the fourth quarter worth $45,000. JPMorgan Chase & Co. lifted its position in shares of GCT Semiconductor by 488.2% during the third quarter. JPMorgan Chase & Co. now owns 27,258 shares of the company's stock worth $91,000 after purchasing an additional 22,624 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of GCT Semiconductor during the fourth quarter valued at $58,000. Finally, Goldman Sachs Group Inc. raised its holdings in shares of GCT Semiconductor by 57.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company's stock valued at $115,000 after purchasing an additional 25,535 shares in the last quarter. 28.06% of the stock is currently owned by institutional investors.
GCT Semiconductor Company Profile
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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.
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