HC Wainwright Has Pessimistic Outlook of GCTS Q3 Earnings

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Research analysts at HC Wainwright lowered their Q3 2026 EPS estimates for shares of GCT Semiconductor in a report released on Monday, March 30th. HC Wainwright analyst S. Buck now forecasts that the company will post earnings per share of ($0.13) for the quarter, down from their previous estimate of ($0.12). HC Wainwright currently has a “Buy” rating and a $3.00 target price on the stock. The consensus estimate for GCT Semiconductor’s current full-year earnings is ($0.30) per share. HC Wainwright also issued estimates for GCT Semiconductor’s Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.54) EPS.

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

GCT Semiconductor Stock Performance

GCTS opened at $1.21 on Wednesday. The company has a fifty day moving average price of $1.18 and a two-hundred day moving average price of $1.31. The firm has a market capitalization of $87.33 million, a PE ratio of -1.49 and a beta of 1.17. GCT Semiconductor has a 52 week low of $0.90 and a 52 week high of $2.47.

Institutional Investors Weigh In On GCT Semiconductor

Institutional investors have recently made changes to their positions in the stock. XTX Topco Ltd acquired a new position in GCT Semiconductor in the fourth quarter valued at about $26,000. Engineers Gate Manager LP bought a new position in GCT Semiconductor during the second quarter worth about $37,000. Blair William & Co. IL acquired a new position in shares of GCT Semiconductor during the 3rd quarter worth about $47,000. Bridgeway Capital Management LLC bought a new stake in shares of GCT Semiconductor in the 3rd quarter valued at about $76,000. Finally, Goldman Sachs Group Inc. increased its stake in shares of GCT Semiconductor by 57.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company’s stock valued at $115,000 after acquiring an additional 25,535 shares during the last quarter. 28.06% of the stock is 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. 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.