GCT Semiconductor (NYSE:GCTS) Lowered to Sell Rating by Wall Street Zen

Posted by on Aug 2nd, 2026

Wall Street Zen downgraded shares of GCT Semiconductor (NYSE:GCTS – Free Report) from a hold rating to a sell rating in a research report sent to investors on Saturday morning.

Separately, Weiss Ratings upgraded GCT Semiconductor from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $3.50.

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GCT Semiconductor Trading Down 1.3%

Shares of GCT Semiconductor stock opened at $1.86 on Friday. The stock has a market capitalization of $169.64 million, a price-to-earnings ratio of -2.30 and a beta of 1.78. GCT Semiconductor has a twelve month low of $0.95 and a twelve month high of $3.93. The business’s 50 day simple moving average is $2.60 and its 200-day simple moving average is $1.78.

GCT Semiconductor (NYSE:GCTS – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.02). The company had revenue of $1.92 million during the quarter, compared to analyst estimates of $1.77 million. Sell-side analysts predict that GCT Semiconductor will post -0.34 earnings per share for the current year.

Institutional Investors Weigh In On GCT Semiconductor

A number of hedge funds have recently made changes to their positions in GCTS. State Street Corp grew its holdings in GCT Semiconductor by 8.9% in 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 in the last quarter. Geode Capital Management LLC raised its stake in GCT Semiconductor by 4.5% during the 4th quarter. Geode Capital Management LLC now owns 414,944 shares of the company’s stock valued at $498,000 after acquiring an additional 17,867 shares in the last quarter. XTX Topco Ltd bought a new stake in GCT Semiconductor during the 4th quarter valued at $26,000. Engineers Gate Manager LP bought a new stake in GCT Semiconductor during the 2nd quarter valued at $37,000. Finally, Bridgeway Capital Management LLC boosted its position in 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 acquiring an additional 25,000 shares during the period. Institutional investors own 28.06% of the company’s stock.

About GCT Semiconductor

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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.

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