Zacks Research Brokers Boost Earnings Estimates for GCTS

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Stock analysts at Zacks Research increased their Q1 2026 earnings per share (EPS) estimates for GCT Semiconductor in a note issued to investors on Thursday, March 26th. Zacks Research analyst L. Thompson now forecasts that the company will post earnings of ($0.13) per share for the quarter, up from their prior forecast of ($0.19). The consensus estimate for GCT Semiconductor’s current full-year earnings is ($0.30) per share. Zacks Research also issued estimates for GCT Semiconductor’s Q2 2026 earnings at ($0.13) EPS, Q3 2026 earnings at ($0.11) EPS, Q4 2026 earnings at ($0.09) EPS and FY2026 earnings at ($0.46) EPS.

GCT Semiconductor (NYSE:GCTS) last announced its quarterly earnings data on Wednesday, March 25th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.07. The firm had revenue of $0.76 million during the quarter, compared to the consensus estimate of $0.96 million.

Separately, HC Wainwright restated a “buy” rating and set a $3.00 price objective on shares of GCT Semiconductor in a research report on Tuesday, January 13th. Two analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, GCT Semiconductor has an average rating of “Hold” and a consensus price target of $3.50.

GCT Semiconductor Stock Performance

Shares of GCTS stock opened at $1.12 on Monday. GCT Semiconductor has a fifty-two week low of $0.90 and a fifty-two week high of $2.47. The stock’s fifty day moving average price is $1.18 and its two-hundred day moving average price is $1.31. The company has a market cap of $80.80 million, a PE ratio of -1.38 and a beta of 1.23.

Hedge Funds Weigh In On GCT Semiconductor

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new stake in GCT Semiconductor in the second quarter valued at approximately $246,000. XTX Topco Ltd acquired a new position in shares of GCT Semiconductor during the second quarter worth $95,000. Vanguard Group Inc. lifted its stake in shares of GCT Semiconductor by 3.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,583,800 shares of the company’s stock valued at $2,407,000 after acquiring an additional 50,799 shares during the last quarter. Bridgeway Capital Management LLC bought a new position in shares of GCT Semiconductor in the 3rd quarter valued at $76,000. Finally, Blair William & Co. IL acquired a new stake in shares of GCT Semiconductor during the 3rd quarter valued at $47,000. 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. It also develops and sells cellular IoT chipsets for low-speed mobile networks such as eMTC/NB-IOT/Sigfox, and other network protocols; and 5G solutions. Its products and solutions are used in smartphones, tablets, hotspots, CPEs, USB dongles, routers, and M2M applications.