GSI Technology (GSIT) Expected to Announce Earnings on Thursday

Key Points

• GSI Technology is expected to report Q2 2027 earnings after the market closes on October 22, with analysts forecasting a loss of $0.1189 per share and revenue of $6.25 million.
• In the prior quarter, the semiconductor company reported a $0.13-per-share loss, beating estimates, but revenue of $6.31 million fell short of expectations and the company continued to post negative profitability metrics.
• GSIT shares opened at $4.23, near their 52-week low of $4.06. Analyst sentiment is mixed, with one Buy and one Sell rating and a consensus price target of $9.00.

GSI Technology (NASDAQ:GSIT - Get Free Report) will likely be posting its Q2 2027 results after the market closes on Thursday, October 22nd. Analysts expect the company to post earnings of ($0.1189) per share and revenue of $6.25 million for the quarter. Interested persons may visit the company's upcoming Q2 2027 earnings summary page for the latest details on the call scheduled for Thursday, October 29, 2026 at 4:30 PM ET.

GSI Technology (NASDAQ:GSIT - Get Free Report) last posted its earnings results on Thursday, July 30th. The semiconductor company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.19) by $0.06. The company had revenue of $6.31 million for the quarter, compared to analyst estimates of $7.30 million. GSI Technology had a negative return on equity of 21.39% and a negative net margin of 62.90%.

GSI Technology Stock Performance

Shares of NASDAQ GSIT opened at $4.23 on Thursday. GSI Technology has a 52 week low of $4.06 and a 52 week high of $18.15. The business's 50-day simple moving average is $5.63 and its 200-day simple moving average is $6.74. The firm has a market cap of $162.56 million, a price-to-earnings ratio of -9.20 and a beta of 2.11.

Analyst Upgrades and Downgrades

GSIT has been the topic of a number of research analyst reports. Wall Street Zen upgraded shares of GSI Technology from a "strong sell" rating to a "sell" rating in a research note on Saturday, October 10th. Weiss Ratings restated a "sell (d-)" rating on shares of GSI Technology in a research note on Friday, July 17th. Williams Trading set a $9.00 price target on shares of GSI Technology in a research note on Monday, September 14th. Finally, Needham & Company LLC initiated coverage on shares of GSI Technology in a research report on Monday, September 14th. They issued a "buy" rating and a $9.00 price target on the stock. One analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $9.00.

About GSI Technology

GSI Technology, Inc is a semiconductor company that develops and markets high-performance memory and computing solutions. Its products are designed for applications that require fast data access, reliable operation and high bandwidth, including communications infrastructure, networking equipment, industrial systems, aerospace and defense applications.

The company's product portfolio has historically centered on static random-access memory (SRAM), including synchronous and high-speed memory devices sold under product families such as SigmaQuad and SigmaDDR.

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