Q2 EPS Forecast for GCT Semiconductor Boosted by Analyst

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Research analysts at Zacks Research upped their Q2 2026 earnings estimates for GCT Semiconductor in a note issued to investors on Thursday, May 14th. Zacks Research analyst L. Thompson now forecasts that the company will post earnings of ($0.11) per share for the quarter, up from their prior estimate of ($0.13). The consensus estimate for GCT Semiconductor’s current full-year earnings is ($0.42) per share. Zacks Research also issued estimates for GCT Semiconductor’s Q4 2026 earnings at ($0.07) EPS, FY2026 earnings at ($0.43) EPS and FY2027 earnings at ($0.10) EPS.

GCT Semiconductor (NYSE:GCTS) last announced its earnings results on Tuesday, May 12th. The company reported ($0.15) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The business had revenue of $1.92 million for the quarter, compared to the consensus estimate of $1.77 million.

GCTS has been the subject of a number of other reports. Weiss Ratings raised shares of GCT Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. HC Wainwright reaffirmed a “buy” rating and issued a $3.00 target price on shares of GCT Semiconductor in a research note on Monday, March 30th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, GCT Semiconductor currently has a consensus rating of “Hold” and a consensus target price of $3.50.

GCT Semiconductor Trading Up 40.0%

Shares of NYSE GCTS opened at $2.56 on Tuesday. GCT Semiconductor has a 1-year low of $0.90 and a 1-year high of $2.68. The company has a market cap of $185.67 million, a PE ratio of -3.16 and a beta of 1.27. The company has a 50-day moving average of $1.33 and a two-hundred day moving average of $1.28.

Institutional Investors Weigh In On GCT Semiconductor

Several institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of GCT Semiconductor by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,583,800 shares of the company’s stock worth $2,407,000 after buying an additional 50,799 shares during the period. Geode Capital Management LLC grew its position in shares of GCT Semiconductor by 4.5% during the 4th quarter. Geode Capital Management LLC now owns 414,944 shares of the company’s stock worth $498,000 after buying an additional 17,867 shares during the period. Jane Street Group LLC acquired a new stake in shares of GCT Semiconductor during the 2nd quarter worth approximately $246,000. State Street Corp grew its position in shares of GCT Semiconductor by 8.9% during the 4th quarter. State Street Corp now owns 144,689 shares of the company’s stock worth $174,000 after buying an additional 11,800 shares during the period. Finally, Bridgeway Capital Management LLC grew its position in shares of GCT Semiconductor by 50.0% during the 4th quarter. Bridgeway Capital Management LLC now owns 75,000 shares of the company’s stock worth $90,000 after buying an additional 25,000 shares during the period. Institutional investors and hedge funds own 28.06% of the company’s stock.

About GCT Semiconductor

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.