Brokers Issue Forecasts for GCTS FY2026 Earnings

GCT Semiconductor Holding, Inc. (NYSE:GCTS - Free Report) - Equities research analysts at B. Riley issued their FY2026 EPS estimates for GCT Semiconductor in a research report issued on Monday, February 3rd. B. Riley analyst C. Ellis expects that the company will post earnings per share of ($0.02) for the year. B. Riley currently has a "Buy" rating and a $5.00 price target on the stock. The consensus estimate for GCT Semiconductor's current full-year earnings is ($0.30) per share.

GCT Semiconductor Price Performance

NYSE GCTS traded down $0.22 during trading hours on Wednesday, reaching $2.02. The company's stock had a trading volume of 158,854 shares, compared to its average volume of 94,279. GCT Semiconductor has a fifty-two week low of $1.98 and a fifty-two week high of $56.00. The company's 50-day moving average is $2.42 and its two-hundred day moving average is $2.78.

Institutional Trading of GCT Semiconductor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GCTS. Barclays PLC increased its position in GCT Semiconductor by 321.3% during the third quarter. Barclays PLC now owns 10,799 shares of the company's stock worth $36,000 after purchasing an additional 8,236 shares during the last quarter. Geode Capital Management LLC grew its position in GCT Semiconductor by 2.0% during the third quarter. Geode Capital Management LLC now owns 423,584 shares of the company's stock valued at $1,419,000 after acquiring an additional 8,458 shares during the period. State Street Corp increased its stake in GCT Semiconductor by 10.9% during the third quarter. State Street Corp now owns 150,095 shares of the company's stock worth $503,000 after acquiring an additional 14,786 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of GCT Semiconductor by 488.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,258 shares of the company's stock worth $91,000 after purchasing an additional 22,624 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of GCT Semiconductor by 141.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 42,932 shares of the company's stock worth $144,000 after purchasing an additional 25,183 shares during the period. Hedge funds and other institutional investors own 28.06% of the company's stock.

GCT Semiconductor Company Profile

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.