Zacks Research Has Positive Forecast for GCTS Q3 Earnings

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Analysts at Zacks Research increased their Q3 2026 earnings estimates for shares of GCT Semiconductor in a research report issued on Tuesday, August 11th. Zacks Research analyst L. Thompson now expects that the company will earn ($0.10) per share for the quarter, up from their previous estimate of ($0.11). The consensus estimate for GCT Semiconductor’s current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for GCT Semiconductor’s Q4 2026 earnings at ($0.10) EPS, FY2026 earnings at ($0.58) EPS and FY2027 earnings at ($0.08) EPS.

GCT Semiconductor (NYSE:GCTS) last issued its earnings results on Monday, August 10th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.17). The business had revenue of $0.97 million for the quarter, compared to analyst estimates of $3.30 million.

Several other equities analysts have also recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of GCT Semiconductor in a research report on Monday, August 3rd. Wall Street Zen lowered GCT Semiconductor from a “hold” rating to a “sell” rating in a report on Monday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $3.50.

GCT Semiconductor Stock Up 6.6%

Shares of GCTS opened at $2.10 on Monday. GCT Semiconductor has a twelve month low of $0.95 and a twelve month high of $3.93. The company has a market capitalization of $193.14 million, a P/E ratio of -2.62 and a beta of 1.81. The firm has a 50 day moving average of $2.38 and a 200 day moving average of $1.87.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GCTS. GSA Capital Partners LLP purchased a new stake in GCT Semiconductor in the second quarter worth approximately $401,000. NewEdge Wealth LLC purchased a new stake in GCT Semiconductor during the 2nd quarter valued at $410,000. Ieq Capital LLC purchased a new position in shares of GCT Semiconductor in the 2nd quarter worth $508,000. Evolve Private Wealth LLC bought a new stake in shares of GCT Semiconductor in the second quarter worth $551,000. Finally, Meeder Advisory Services Inc. purchased a new stake in GCT Semiconductor during the second quarter valued at $758,000. Institutional investors own 28.06% of the company’s stock.

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.