GSI Technology Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GSI Technology in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" GSI Technology stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in GSIT, but not buy additional shares or sell existing shares.
View analyst ratings for GSI Technology or view top-rated stocks.

Wall Street analysts have given GSI Technology a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but GSI Technology wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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GSI Technology saw a increase in short interest in August. As of August 13th, there was short interest totaling 215,400 shares, an increase of 13.8% from the July 29th total of 189,300 shares. Based on an average daily volume of 112,700 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the company's stock are sold short.
View GSI Technology's Short Interest.

GSI Technology is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for GSI Technology.

GSI Technology, Inc. (NASDAQ:GSIT) issued its earnings results on Thursday, July, 29th. The semiconductor company reported ($0.17) EPS for the quarter. The semiconductor company earned $8.79 million during the quarter. GSI Technology had a negative trailing twelve-month return on equity of 25.40% and a negative net margin of 65.68%.
View GSI Technology's earnings history.

GSI Technology's stock was trading at $6.19 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GSIT stock has decreased by 9.7% and is now trading at $5.59.
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GSI Technology issued an update on its second quarter 2022 earnings guidance on Thursday, August, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $6.90 million-$7.90 million.

Some companies that are related to GSI Technology include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Marvell Technology (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), First Solar (FSLR), Cree (CREE), Lattice Semiconductor (LSCC) and Power Integrations (POWI).
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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).

GSI Technology trades on the NASDAQ under the ticker symbol "GSIT."

GSI Technology's stock is owned by many different retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (4.66%), Dimensional Fund Advisors LP (3.54%), Vanguard Group Inc. (3.04%), Cowen Prime Advisors LLC (0.69%), King Luther Capital Management Corp (0.68%) and Millennium Management LLC (0.67%). Company insiders that own GSI Technology stock include Bor-Tay Wu, Didier Lasserre, Douglas Schirle, Lee-Lean Shu, Ping Tak Wu and Robert Yau.
View institutional ownership trends for GSI Technology.

GSIT stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ariel Investments LLC, State Street Corp, Vanguard Group Inc., Northern Trust Corp, Geode Capital Management LLC, Charles Schwab Investment Management Inc., and Susquehanna International Group LLP. Company insiders that have sold GSI Technology company stock in the last year include Lee-Lean Shu, Ping Tak Wu, and Robert Yau.
View insider buying and selling activity for GSI Technology or view top insider-selling stocks.

GSIT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Cowen Prime Advisors LLC, King Luther Capital Management Corp, Millennium Management LLC, VIEX Capital Advisors LLC, Ergoteles LLC, Mork Capital Management LLC, and Tibra Equities Europe Ltd.
View insider buying and selling activity for GSI Technology or or view top insider-buying stocks.

Shares of GSIT 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.
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One share of GSIT stock can currently be purchased for approximately $5.59.

GSI Technology has a market capitalization of $135.09 million and generates $27.73 million in revenue each year.

GSI Technology employs 2,019 workers across the globe.

GSI Technology was founded in 1995.

The official website for GSI Technology is www.gsitechnology.com.

GSI Technology is headquartered at 1213 ELKO DRIVE, SUNNYVALE CA, 94089.

GSI Technology's mailing address is 1213 ELKO DRIVE, SUNNYVALE CA, 94089. The semiconductor company can be reached via phone at (408) 331-8800.