NASDAQ:GSIT

GSI Technology (GSIT) Stock Forecast, Price & News

$2.61

-0.01 (-0.38%)

(As of 09/28/2023 ET)

Compare

Today's Range: $2.54
▼
$2.66
50-Day Range: $2.46
▼
$5.19
52-Week Range: $1.45
▼
$9.80

Volume: 73,010 shs
Average Volume: 1.84 million shs
Market Capitalization: $65.46 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

GSI Technology MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
2.21% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.43
Based on 2 Articles This Week
Insider Trading: Selling Shares
$75,150 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.85 out of 5 stars

Computer And Technology Sector

562nd out of 607 stocks

Semiconductors & Related Devices Industry

85th out of 89 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for GSI Technology.

5.0

Short Interest

Percentage of Shares Shorted
2.21% of the float of GSI Technology has been sold short.
Short Interest Ratio / Days to Cover
GSI Technology has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in GSI Technology has recently decreased by 10.71%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
GSI Technology does not currently pay a dividend.
Dividend Growth
GSI Technology does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GSIT.

3.6

News and Social Media Coverage

News Sentiment
GSI Technology has a news sentiment score of 1.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for GSI Technology this week, compared to 1 article on an average week.
Search Interest
Only 6 people have searched for GSIT on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
MarketBeat Follows
3 people have added GSI Technology to their MarketBeat watchlist in the last 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GSI Technology insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $75,150.00 in company stock.
Percentage Held by Insiders
32.10% of the stock of GSI Technology is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 31.64% of the stock of GSI Technology is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of GSI Technology is -3.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of GSI Technology is -3.73, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
GSI Technology has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About GSI Technology (NASDAQ:GSIT) Stock

GSI Technology, Inc. designs, develops, and markets semiconductor memory solutions to networking, industrial, medical, aerospace, and military customers in the United States, China, Singapore, Germany, the Netherlands, and internationally. It offers associative processing unit products, which are focuses on applications using similarity search in visual search queries for ecommerce, computer vision, drug discovery, cyber security, and service markets. The company also provides static random access memory (SRAM) products, such as SyncBurst for microprocessor cache and other applications; No Bus Turnaround SRAMs to address the needs of networking and telecom applications; SigmaQuad and SigmaDDR products for density and random transaction rate requirements of networking and telecom applications; Low Latency DRAMs, a solution for advanced data networking applications; Asynchronous, a main memory for small cache-less embedded processors for industrial electronics, measurement systems and cost-sensitive networking equipment, and other applications; and specialty SRAMs. In addition, it offers radiation-hardened and radiation-tolerant SRAMs for military/defense and aerospace applications, such as networking satellites and missiles. The company's products are used as components in its original equipment manufacturer customers' products, including routers, switches, and other networking and telecommunications products; military and aerospace applications, such as radar and guidance systems and satellites; test and measurement applications consisting of high-speed testers; automotive applications comprising smart cruise control; medical applications, including ultrasound and CAT scan equipment; and audio/video processing. It markets its products through a network of independent sales representatives and distributors. GSI Technology, Inc. was incorporated in 1995 and is headquartered in Sunnyvale, California.

GSIT Price History

30 days | 90 days | 365 days | Advanced Chart

GSIT Stock News Headlines

September 7, 2023 | finance.yahoo.com

GSI Technology to Participate in 16th Annual "Main Event" Conference

September 1, 2023 | benzinga.com

GSI Technology VP Trades Company's Stock

September 28, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.

August 15, 2023 | finance.yahoo.com

GSI Technology to Participate in the 4th Annual Needham Virtual Semiconductor & SemiCap 1x1 Conference

August 11, 2023 | finance.yahoo.com

GSI Technology Introduces Python-Based Copperhead Compiler Suite to Unleash the Full Power of Gemini APU for Flexible AI and High-Performance Computing

August 10, 2023 | finance.yahoo.com

7 AI Stocks to Buy Under $5 in August 2023

July 28, 2023 | finance.yahoo.com

Q1 2024 GSI Technology Inc Earnings Call

July 28, 2023 | finance.yahoo.com

GSI Technology, Inc. Reports First Quarter Fiscal 2024 Results

September 28, 2023 | Tradewins (Ad)

Successful Options Trading Begins With…

Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month!

July 13, 2023 | finance.yahoo.com

GSI Technology to Announce Fiscal First Quarter 2024 Results on July 27, 2023

July 12, 2023 | finance.yahoo.com

GSI Technology to Perform Feasibility Study for Commercially Proven APU Use in U.S. Air and Space Force Edge Computing

June 29, 2023 | finance.yahoo.com

GSI Technology Receives Award With Potential Total Value Of Approximately $1.25 Million From The Space Development Agency To Develop A Next-Generation Associative Processing Unit For Enhanced Space-Based Capabilities

June 3, 2023 | finance.yahoo.com

GSI Technology, Inc. (NASDAQ:GSIT) surges 39%; individual investors who own 40% shares profited along with insiders

May 19, 2023 | msn.com

GSI Technology: More Than A Meme And A Viable Alternative To Nvidia

May 17, 2023 | finance.yahoo.com

GSI Technology, Inc. (NASDAQ:GSIT) Q4 2023 Earnings Call Transcript

May 17, 2023 | finance.yahoo.com

Q4 2023 GSI Technology Inc Earnings Call

May 16, 2023 | finance.yahoo.com

GSI Technology, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results

May 15, 2023 | msn.com

GSI Technology: Maybe A Push Is All The Stock Needed

May 15, 2023 | investorplace.com

GSIT Stock Alert: Is GSI Technology the Newest Meme Stock?

May 15, 2023 | markets.businessinsider.com

Here's what Wall Street expects from GSI Technology's earnings

May 15, 2023 | msn.com

Small cap GSI Technology generates meme-like buzz

May 13, 2023 | finance.yahoo.com

GSI Technology (NASDAQ:GSIT) surges 212% this week, taking one-year gains to 63%

May 12, 2023 | msn.com

What's Going On With GSI Technology Today?

May 7, 2023 | benzinga.com

GSI Technology Stock (NASDAQ:GSIT), Dividends

May 6, 2023 | markets.businessinsider.com

GSI Technology IncShs hosts conference call for investors

May 3, 2023 | finance.yahoo.com

GSI Technology to Announce Fiscal Fourth Quarter and Year End 2023 Results on May 16, 2023

April 17, 2023 | finance.yahoo.com

GSI Technology, Inc.'s (NASDAQ:GSIT) Shares Lagging The Industry But So Is The Business

See More Headlines

Receive GSIT Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for GSI Technology and its competitors with MarketBeat's FREE daily newsletter.

GSIT Company Calendar

Last Earnings: 7/27/2023
Today: 9/28/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Semiconductors & related devices
Sub-Industry: Semiconductors
Sector: Computer and Technology
Current Symbol: NASDAQ:GSIT
CUSIP: 36241U10
CIK: 1126741
Web: www.gsitechnology.com
Phone: (408) 331-8800
Fax: 408-331-9795
Employees: 156
Year Founded: 1995

Profitability

EPS (Most Recent Fiscal Year): ($0.70)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-15,980,000.00
Net Margins: -64.90%
Pretax Margin: -63.52%
Return on Equity: -32.07%
Return on Assets: -27.43%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.13
Quick Ratio: 5.18

Sales & Book Value

Annual Sales: $29.69 million
Price / Sales: 2.20
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.08 per share
Price / Book: 1.25

Miscellaneous

Outstanding Shares: 25,080,000
Free Float: 17,031,000
Market Cap: $65.46 million
Optionable: Optionable
Beta: 0.83

Social Links

Ten Starter Stocks For Beginners to Buy Now

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

Key Executives

Mr. Lee-Lean Shu (Age 68)
Co-Founder, Pres, CEO & Chairman
Comp: $388.72k

Mr. Robert Yau (Age 70)
Co-Founder, VP of Engineering, Sec. & Director

Mr. Douglas M. Schirle (Age 68)
Chief Financial Officer
Comp: $296.37k

Mr. Didier Lasserre (Age 58)
VP of Sales
Comp: $317.36k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GSIT Stock - Frequently Asked Questions

How have GSIT shares performed in 2023?: GSI Technology's stock was trading at $1.73 on January 1st, 2023. Since then, GSIT shares have increased by 50.9% and is now trading at $2.61.
View the best growth stocks for 2023 here.
Are investors shorting GSI Technology?: GSI Technology saw a decrease in short interest in September. As of September 15th, there was short interest totaling 386,000 shares, a decrease of 10.7% from the August 31st total of 432,300 shares. Based on an average daily volume of 355,700 shares, the days-to-cover ratio is presently 1.1 days. Approximately 2.2% of the company's stock are sold short.
View GSI Technology's Short Interest.
When is GSI Technology's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our GSIT earnings forecast.
How were GSI Technology's earnings last quarter?: GSI Technology, Inc. (NASDAQ:GSIT) announced its quarterly earnings data on Thursday, July, 27th. The semiconductor company reported ($0.21) earnings per share for the quarter. The semiconductor company earned $5.59 million during the quarter. GSI Technology had a negative net margin of 64.90% and a negative trailing twelve-month return on equity of 32.07%.
What guidance has GSI Technology issued on next quarter's earnings?: GSI Technology issued an update on its second quarter 2024 earnings guidance on Thursday, July, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $5.20 million-$6.00 million.
What other stocks do shareholders of GSI Technology own?: Based on aggregate information from My MarketBeat watchlists, some companies that other GSI Technology investors own include China Biologic Products (CBPO), Ford Motor (F), Cypress Semiconductor (CY), Gilead Sciences (GILD), Kopin (KOPN), OraSure Technologies (OSUR), BlackBerry (BB), Digital Ally (DGLY), Freeport-McMoRan (FCX) and Glu Mobile (GLUU).

What is GSI Technology's stock symbol?: GSI Technology trades on the NASDAQ under the ticker symbol "GSIT."
Who are GSI Technology's major shareholders?: GSI Technology's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.67%), Renaissance Technologies LLC (2.06%), Worth Venture Partners LLC (1.99%), Cowen Prime Advisors LLC (1.68%), Geode Capital Management LLC (0.70%) and BlackRock Inc. (0.39%). Insiders that own company stock include Douglas Schirle, Lee-Lean Shu, Ping Tak Wu, Robert Yau and Ruey-Lin Lu.
View institutional ownership trends.
How do I buy shares of GSI Technology?: Shares of GSIT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is GSI Technology's stock price today?: One share of GSIT stock can currently be purchased for approximately $2.61.
How much money does GSI Technology make?: GSI Technology (NASDAQ:GSIT) has a market capitalization of $65.46 million and generates $29.69 million in revenue each year. The semiconductor company earns $-15,980,000.00 in net income (profit) each year or ($0.70) on an earnings per share basis.
How many employees does GSI Technology have?: The company employs 156 workers across the globe.
Does GSI Technology have any subsidiaries?: The following companies are subsidiares of GSI Technology: GSI Technology (BVI) Inc., GSI Technology Holdings Inc., GSI Technology Israel Ltd., GSI Technology Taiwan Inc., and MikaMonu Group Ltd..
Read More
How can I contact GSI Technology?: GSI Technology's mailing address is 1213 ELKO DRIVE, SUNNYVALE CA, 94089. The official website for the company is www.gsitechnology.com. The semiconductor company can be reached via phone at (408) 331-8800, via email at kim@haydenir.com, or via fax at 408-331-9795.

This page (NASDAQ:GSIT) was last updated on 9/28/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial