Q2 EPS Forecast for GCT Semiconductor Boosted by Analyst

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Stock analysts at Zacks Research boosted their Q2 2026 EPS estimates for shares of GCT Semiconductor in a report released on Thursday, May 14th. Zacks Research analyst L. Thompson now anticipates that the company will post earnings of ($0.11) per share for the quarter, up from their previous 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.

Several other brokerages have also weighed in on GCTS. Weiss Ratings upgraded shares of GCT Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, May 6th. HC Wainwright reiterated a “buy” rating and set a $3.00 target price on shares of GCT Semiconductor in a research report on Monday, March 30th. Two research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $3.50.

GCT Semiconductor Stock Performance

Shares of GCT Semiconductor stock opened at $2.56 on Tuesday. The firm’s 50-day simple moving average is $1.33 and its 200-day simple moving average is $1.28. GCT Semiconductor has a twelve month low of $0.90 and a twelve month high of $2.68. The firm has a market cap of $185.67 million, a P/E ratio of -3.16 and a beta of 1.27.

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

Hedge Funds Weigh In On GCT Semiconductor

Institutional investors have recently added to or reduced their stakes in the company. XTX Topco Ltd bought a new position in GCT Semiconductor during the 4th quarter valued at about $26,000. Engineers Gate Manager LP bought a new position in GCT Semiconductor during the 2nd quarter valued at about $37,000. Blair William & Co. IL bought a new position in GCT Semiconductor during the 3rd quarter valued at about $47,000. Bridgeway Capital Management LLC bought a new position in GCT Semiconductor during the 3rd quarter valued at about $76,000. Finally, Goldman Sachs Group Inc. lifted its holdings in GCT Semiconductor by 57.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company’s stock valued at $115,000 after purchasing an additional 25,535 shares during the last quarter. 28.06% of the stock is owned by institutional investors.

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.