NASDAQ:GSIT

GSI Technology - GSIT Stock Forecast, Price & News

$2.12

+0.03 (+1.44%)

(As of 11/25/2022 04:00 PM ET)

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Today's Range: $2.00
▼
$2.12
50-Day Range: $1.81
▼
$3.01
52-Week Range: $1.77
▼
$5.82

Volume: 23,117 shs
Average Volume: 19,172 shs
Market Capitalization: $52.05 million

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

About GSI Technology (NASDAQ:GSIT) Stock

GSI Technology, Inc., a fabless semiconductor company, 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. The company's associative processing unit products offers applications using similarity search in visual search queries for ecommerce, computer vision, drug discovery, cyber security, and service markets. In addition, it offers 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. The company also provide radiation-hardened and radiation-tolerant SRAMs for aerospace and military applications, such as networking satellites and missiles. Its products are used as components in our OEM customers' products, including routers, switches and other networking and telecommunications products; military and aerospace applications, such as radar and guidance systems and satellites; audio/video processing; test and measurement applications consisting of high-speed testers; and automotive applications, such as smart cruise control; and medical applications, including ultrasound and CAT scan equipment. The company 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.

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GSIT Stock News Headlines

November 23, 2022 | americanbankingnews.com

GSI Technology (NASDAQ:GSIT) Now Covered by StockNews.com

November 16, 2022 | americanbankingnews.com

GSI Technology (NASDAQ:GSIT) Research Coverage Started at StockNews.com

November 14, 2022 | finance.yahoo.com

GSI Technology (NASDAQ:GSIT) investors are sitting on a loss of 74% if they invested five years ago

October 30, 2022 | seekingalpha.com

GSI Technology, Inc. (GSIT) Q2 2023 Earnings Call Transcript

October 27, 2022 | finance.yahoo.com

GSI Technology, Inc. Reports Second Quarter Fiscal 2023 Results

October 24, 2022 | finance.yahoo.com

Omniscient Neurotechnology Appoints Two New Members to Its Board of Directors

October 19, 2022 | fool.com

GSI Technology (NASDAQ: GSIT)

October 18, 2022 | seekingalpha.com

GSIT GSI Technology, Inc.

October 12, 2022 | finance.yahoo.com

GSI Technology to Announce Second Quarter Fiscal Year 2023 Results on October 27, 2022

September 27, 2022 | finance.yahoo.com

GSI Technology’s NRT SAR Image Processing Acceleration System Approved for use by IAI/ELTA

September 20, 2022 | nasdaq.com

The past three years for GSI Technology (NASDAQ:GSIT) investors has not been profitable

September 13, 2022 | seekingalpha.com

GSI Technology Offers APU Cloud Access, Waits For Big SRAM Order

September 11, 2022 | reuters.com

GSI Technology Inc

July 14, 2022 | finance.yahoo.com

GSI Technology to Announce First Quarter Fiscal Year 2023 Results on July 28, 2022

June 30, 2022 | seekingalpha.com

GSI Technology's Legacy Business Limits Reflexivity On Long Road To Commercialization

June 29, 2022 | finance.yahoo.com

GSI Technology, Inc. Reports Revised Fourth Quarter and Fiscal Year 2022 Results

May 20, 2022 | benzinga.com

GSI Technology (NASDAQ:GSIT), Short Interest Report

May 8, 2022 | seekingalpha.com

GSI Technology, Inc. (GSIT) CEO Lee-Lean Shu on Q4 2022 Results - Earnings Call Transcript

May 5, 2022 | finance.yahoo.com

GSI Technology, Inc. Reports Fourth Quarter and Fiscal Year 2022 Results

April 21, 2022 | finance.yahoo.com

GSI Technology to Announce Fourth Quarter Fiscal Year 2022 Results on May 5, 2022

April 14, 2022 | finance.yahoo.com

GSI Technology Wins First Place in MoSAIC Challenge Human/Object Tagging Category

March 31, 2022 | finance.yahoo.com

GSI Technology, Inc. (GSIT)

February 9, 2022 | finance.yahoo.com

GSI AI Technology Helps Companies Realize Substantial Power Efficiencies, Improving Sustainability Efforts

January 29, 2022 | seekingalpha.com

GSI Technology GAAP EPS of -$0.19, revenue of $8.07M

January 26, 2022 | markets.businessinsider.com

Here's what to expect from GSI Technology's earnings report

See More Headlines

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GSIT Company Calendar

Last Earnings: 10/28/2021
Today: 11/25/2022
Next Earnings (Estimated): 1/26/2023
Fiscal Year End: 3/31/2023

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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: 178
Year Founded: 1995

Profitability

EPS (Most Recent Fiscal Year): ($0.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-16,370,000.00
Net Margins: -46.55%
Pretax Margin: -42.17%
Return on Equity: -25.69%
Return on Assets: -21.74%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.28
Quick Ratio: 5.59

Sales & Book Value

Annual Sales: $33.38 million
Price / Sales: 1.56
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.39 per share
Price / Book: 0.89

Miscellaneous

Outstanding Shares: 24,554,000
Free Float: 16,672,000
Market Cap: $52.05 million
Optionable: Optionable
Beta: 0.70

Social Links

Key Executives

Mr. Lee-Lean Shu (Age 67)
Co-Founder, Pres, CEO & Chairman
Comp: $842.59k

Mr. Robert Yau (Age 69)
Co-Founder, VP of Engineering, Sec. & Director
Comp: $491.21k

Mr. Douglas M. Schirle (Age 67)
Chief Financial Officer
Comp: $511.93k

Mr. Didier Lasserre (Age 57)
VP of Sales
Comp: $533.45k

Mr. Ping Wu (Age 65)
VP of U.S. Operations
Comp: $480.39k

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 2022?: GSI Technology's stock was trading at $4.63 at the start of the year. Since then, GSIT shares have decreased by 54.4% and is now trading at $2.11.
View the best growth stocks for 2022 here.
Are investors shorting GSI Technology?: GSI Technology saw a decrease in short interest during the month of October. As of October 31st, there was short interest totaling 110,700 shares, a decrease of 14.3% from the October 15th total of 129,100 shares. Based on an average daily trading volume, of 18,600 shares, the days-to-cover ratio is presently 6.0 days. Approximately 0.6% 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, January 26th 2023.
View our GSIT earnings forecast.
How were GSI Technology's earnings last quarter?: GSI Technology, Inc. (NASDAQ:GSIT) announced its earnings results on Thursday, October, 28th. The semiconductor company reported ($0.19) EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.03. The semiconductor company earned $7.80 million during the quarter. GSI Technology had a negative trailing twelve-month return on equity of 25.69% and a negative net margin of 46.55%.
What guidance has GSI Technology issued on next quarter's earnings?: GSI Technology updated its third quarter 2023 earnings guidance on Thursday, November, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.30 million-$7.30 million, compared to the consensus revenue estimate of $10.10 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 variety of institutional and retail investors. Top institutional shareholders include Roumell Asset Management LLC (7.89%), Renaissance Technologies LLC (2.76%) and King Luther Capital Management Corp (0.81%). Insiders that own company stock include Bor-Tay Wu, Didier Lasserre, 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 $2.11.
How much money does GSI Technology make?: GSI Technology (NASDAQ:GSIT) has a market capitalization of $51.80 million and generates $33.38 million in revenue each year. The semiconductor company earns $-16,370,000.00 in net income (profit) each year or ($0.66) on an earnings per share basis.
How many employees does GSI Technology have?: The company employs 178 workers across the globe.
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 11/26/2022 by MarketBeat.com Staff

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