Zacks Research Analysts Increase Earnings Estimates for GCTS

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Zacks Research lifted their Q1 2026 EPS estimates for GCT Semiconductor in a note issued to investors on Thursday, March 26th. Zacks Research analyst L. Thompson now anticipates that the company will post earnings per share of ($0.13) 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.

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

GCT Semiconductor Stock Up 8.0%

Shares of GCT Semiconductor stock opened at $1.15 on Monday. The business has a 50-day moving average price of $1.18 and a 200 day moving average price of $1.31. GCT Semiconductor has a fifty-two week low of $0.90 and a fifty-two week high of $2.47. The firm has a market cap of $82.98 million, a P/E ratio of -1.41 and a beta of 1.23.

GCT Semiconductor (NYSE:GCTS) last posted its quarterly earnings data on Wednesday, March 25th. The company reported ($0.15) earnings per share 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 analysts’ expectations of $0.96 million.

Hedge Funds Weigh In On GCT Semiconductor

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. grew its stake in shares of GCT Semiconductor by 57.5% in the first quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company’s stock worth $115,000 after purchasing an additional 25,535 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of GCT Semiconductor during the second quarter valued at about $95,000. Jane Street Group LLC acquired a new stake in GCT Semiconductor in the second quarter worth about $246,000. Engineers Gate Manager LP bought a new position in GCT Semiconductor in the 2nd quarter valued at about $37,000. Finally, Vanguard Group Inc. grew its position in 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 buying an additional 50,799 shares in the last quarter. 28.06% of the stock is currently owned by institutional investors and hedge funds.

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.