Q2 EPS Estimates for GCT Semiconductor Reduced by B. Riley

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – B. Riley lowered their Q2 2025 earnings estimates for GCT Semiconductor in a note issued to investors on Thursday, May 15th. B. Riley analyst C. Ellis now forecasts that the company will post earnings per share of ($0.14) for the quarter, down from their prior estimate of ($0.11). B. Riley currently has a “Buy” rating and a $5.00 target price on the stock. The consensus estimate for GCT Semiconductor’s current full-year earnings is ($0.30) per share. B. Riley also issued estimates for GCT Semiconductor’s Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.48) EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at $0.00 EPS, FY2026 earnings at ($0.08) EPS and FY2027 earnings at $0.09 EPS.

GCT Semiconductor Stock Down 2.9%

Shares of GCTS stock opened at $1.18 on Monday. The stock’s 50-day moving average price is $1.54 and its 200 day moving average price is $2.06. The stock has a market capitalization of $56.69 million, a PE ratio of -2.67 and a beta of 1.24. GCT Semiconductor has a 52-week low of $1.15 and a 52-week high of $5.80.

GCT Semiconductor (NYSE:GCTS) last announced its earnings results on Wednesday, May 14th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.05). The firm had revenue of $0.50 million for the quarter, compared to analyst estimates of $1.87 million.

Hedge Funds Weigh In On GCT Semiconductor

A number of large investors have recently bought and sold shares of the company. Rhumbline Advisers boosted its holdings in GCT Semiconductor by 798.1% in the 4th quarter. Rhumbline Advisers now owns 51,327 shares of the company’s stock valued at $120,000 after purchasing an additional 45,612 shares in the last quarter. Goldman Sachs Group Inc. boosted 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 valued at $115,000 after buying an additional 25,535 shares in the last quarter. Renaissance Technologies LLC acquired a new position in GCT Semiconductor during the fourth quarter worth $58,000. JPMorgan Chase & Co. raised its position in GCT Semiconductor by 488.2% in the third quarter. JPMorgan Chase & Co. now owns 27,258 shares of the company’s stock worth $91,000 after acquiring an additional 22,624 shares in the last quarter. Finally, Squarepoint Ops LLC purchased a new position in GCT Semiconductor in the fourth quarter worth $45,000. Hedge funds and other institutional investors 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.