GCT Semiconductor (NYSE:GCTS - Get Free Report) is projected to release its Q2 2025 earnings data after the market closes on Tuesday, August 12th. Analysts expect GCT Semiconductor to post earnings of ($0.14) per share and revenue of $2.26 million for the quarter.
GCT Semiconductor (NYSE:GCTS - Get Free Report) last announced its quarterly 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 business had revenue of $0.50 million for the quarter, compared to the consensus estimate of $1.87 million. On average, analysts expect GCT Semiconductor to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
GCT Semiconductor Price Performance
Shares of NYSE GCTS traded up $0.08 on Friday, hitting $1.43. The company's stock had a trading volume of 231,252 shares, compared to its average volume of 189,722. The company has a market capitalization of $69.07 million, a price-to-earnings ratio of -3.24 and a beta of 1.20. The stock has a 50 day moving average of $1.39 and a 200-day moving average of $1.60. GCT Semiconductor has a 12-month low of $0.90 and a 12-month high of $3.98.
Analysts Set New Price Targets
Separately, Wall Street Zen downgraded shares of GCT Semiconductor from a "hold" rating to a "strong sell" rating in a research note on Thursday, May 22nd.
View Our Latest Analysis on GCT Semiconductor
Insiders Place Their Bets
In related news, Director Hyunsoo Shin acquired 85,000 shares of the firm's stock in a transaction on Tuesday, June 10th. The stock was bought at an average cost of $1.18 per share, with a total value of $100,300.00. Following the acquisition, the director directly owned 492,248 shares in the company, valued at approximately $580,852.64. The trade was a 20.87% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders have acquired 248,000 shares of company stock worth $281,860. 0.21% of the stock is currently owned by company insiders.
Institutional Trading of GCT Semiconductor
A hedge fund recently raised its stake in GCT Semiconductor stock. Goldman Sachs Group Inc. lifted its holdings in GCT Semiconductor Holding, Inc. (NYSE:GCTS - Free Report) by 57.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,917 shares of the company's stock after purchasing an additional 25,535 shares during the period. Goldman Sachs Group Inc. owned about 0.14% of GCT Semiconductor worth $115,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 28.06% of the company's stock.
About GCT Semiconductor
(
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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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