Q1 EPS Estimates for GCT Semiconductor Increased by B. Riley

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Investment analysts at B. Riley upped their Q1 2025 earnings per share estimates for shares of GCT Semiconductor in a research note issued on Wednesday, March 26th. B. Riley analyst C. Ellis now anticipates that the company will post earnings per share of ($0.10) for the quarter, up from their previous estimate of ($0.15). B. Riley has a “Buy” rating and a $5.00 price objective 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 Q2 2025 earnings at ($0.11) EPS, Q3 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.25) EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.01 EPS, FY2026 earnings at $0.16 EPS and FY2027 earnings at $0.27 EPS.

GCT Semiconductor (NYSE:GCTS) last issued its quarterly earnings data on Tuesday, March 25th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.04. The company had revenue of $2.03 million for the quarter, compared to analysts’ expectations of $2.03 million.

GCT Semiconductor Price Performance

Shares of GCTS opened at $1.74 on Friday. GCT Semiconductor has a one year low of $1.73 and a one year high of $48.00. The company has a 50-day simple moving average of $2.09 and a two-hundred day simple moving average of $2.40. The firm has a market capitalization of $82.82 million, a PE ratio of -6.67 and a beta of 1.16.

Institutional Investors Weigh In On GCT Semiconductor

Hedge funds have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. boosted its position in shares of GCT Semiconductor by 141.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 42,932 shares of the company’s stock worth $144,000 after purchasing an additional 25,183 shares in the last quarter. FMR LLC bought a new stake in GCT Semiconductor in the third quarter worth $134,000. Geode Capital Management LLC grew its stake in shares of GCT Semiconductor by 2.0% in the third quarter. Geode Capital Management LLC now owns 423,584 shares of the company’s stock worth $1,419,000 after acquiring an additional 8,458 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of GCT Semiconductor by 798.1% during the fourth quarter. Rhumbline Advisers now owns 51,327 shares of the company’s stock valued at $120,000 after acquiring an additional 45,612 shares in the last quarter. Finally, State Street Corp raised its position in shares of GCT Semiconductor by 10.9% in the 3rd quarter. State Street Corp now owns 150,095 shares of the company’s stock worth $503,000 after purchasing an additional 14,786 shares during the last quarter. 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.