B. Riley Research Analysts Lift Earnings Estimates for GCTS

GCT Semiconductor Holding, Inc. (NYSE:GCTS - Free Report) - B. Riley upped their Q1 2025 EPS estimates for shares of GCT Semiconductor in a research note issued to investors on Wednesday, March 26th. B. Riley analyst C. Ellis now expects that the company will post earnings per share of ($0.10) for the quarter, up from their previous estimate of ($0.15). 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. B. Riley also issued estimates for GCT Semiconductor's Q2 2025 earnings at ($0.11) EPS, Q3 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.25) EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.01 EPS, FY2026 earnings at $0.16 EPS and FY2027 earnings at $0.27 EPS.

GCT Semiconductor (NYSE:GCTS - Get Free Report) last announced its quarterly earnings results on Tuesday, March 25th. The company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.15) by $0.04. The firm had revenue of $2.03 million during the quarter, compared to the consensus estimate of $2.03 million.

GCT Semiconductor Trading Down 4.0 %

NYSE:GCTS traded down $0.07 on Friday, reaching $1.58. 379,813 shares of the stock traded hands, compared to its average volume of 126,485. GCT Semiconductor has a 1-year low of $1.47 and a 1-year high of $20.95. The company's 50 day moving average is $2.06 and its 200-day moving average is $2.39. The firm has a market capitalization of $75.19 million, a price-to-earnings ratio of -6.06 and a beta of 1.16.

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Institutional Trading of GCT Semiconductor

Several large investors have recently made changes to their positions in GCTS. Charles Schwab Investment Management Inc. grew its position in GCT Semiconductor by 141.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 42,932 shares of the company's stock valued at $144,000 after purchasing an additional 25,183 shares during the period. FMR LLC bought a new stake in shares of GCT Semiconductor during the third quarter worth about $134,000. State Street Corp raised its holdings in shares of GCT Semiconductor by 10.9% in the 3rd 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. Barclays PLC lifted its position in GCT Semiconductor by 321.3% in the 3rd quarter. Barclays PLC now owns 10,799 shares of the company's stock valued at $36,000 after acquiring an additional 8,236 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in GCT Semiconductor by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 423,584 shares of the company's stock valued at $1,419,000 after purchasing an additional 8,458 shares during the last quarter. 28.06% of the stock is currently owned by institutional investors and hedge funds.

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.