Q2 EPS Estimates for GCT Semiconductor Lowered by B. Riley

GCT Semiconductor Holding, Inc. (NYSE:GCTS - Free Report) - Investment analysts at B. Riley decreased their Q2 2025 EPS estimates for GCT Semiconductor in a research note issued to investors on Thursday, May 15th. B. Riley analyst C. Ellis now forecasts that the company will earn ($0.14) per share for the quarter, down from their prior estimate of ($0.11). B. Riley 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.

Separately, Wall Street Zen cut shares of GCT Semiconductor from a "hold" rating to a "strong sell" rating in a report on Thursday.

GCT Semiconductor Price Performance

Shares of NYSE GCTS traded down $0.02 during trading hours on Monday, hitting $1.05. 508,182 shares of the stock were exchanged, compared to its average volume of 270,768. The company's 50 day moving average is $1.49 and its 200 day moving average is $2.03. The firm has a market capitalization of $50.66 million, a P/E ratio of -2.39 and a beta of 1.24. GCT Semiconductor has a one year low of $1.03 and a one year high of $5.80.

GCT Semiconductor (NYSE:GCTS - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.05). The business had revenue of $0.50 million during the quarter, compared to analysts' expectations of $1.87 million.

Hedge Funds Weigh In On GCT Semiconductor

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Rhumbline Advisers lifted its position in shares of GCT Semiconductor by 798.1% during the 4th quarter. Rhumbline Advisers now owns 51,327 shares of the company's stock worth $120,000 after buying an additional 45,612 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of GCT Semiconductor by 57.5% during the first quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company's stock valued at $115,000 after acquiring an additional 25,535 shares during the period. Renaissance Technologies LLC bought a new position in shares of GCT Semiconductor during the fourth quarter valued at $58,000. JPMorgan Chase & Co. lifted its holdings 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 valued at $91,000 after acquiring an additional 22,624 shares during the period. Finally, Squarepoint Ops LLC bought a new position in shares of GCT Semiconductor during the fourth quarter valued at $45,000. 28.06% of the stock is owned by institutional investors.

Insider Buying and Selling at GCT Semiconductor

In other news, Director Hyunsoo Shin bought 86,000 shares of GCT Semiconductor stock in a transaction that occurred on Tuesday, May 20th. The stock was purchased at an average cost of $1.18 per share, with a total value of $101,480.00. Following the completion of the transaction, the director now directly owns 170,248 shares in the company, valued at $200,892.64. This trade represents a 102.08% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.21% 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.