Zacks Research Has Positive Outlook for GCTS Q1 Earnings

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Zacks Research upped their Q1 2026 earnings per share (EPS) estimates for shares of GCT Semiconductor in a research report issued to clients and investors on Thursday, March 26th. Zacks Research analyst L. Thompson now anticipates that the company will post earnings of ($0.13) per share for the quarter, up from their previous 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.

GCT Semiconductor (NYSE:GCTS) last posted its earnings results on Wednesday, March 25th. The company reported ($0.15) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.07. The business had revenue of $0.76 million for the quarter, compared to analyst estimates of $0.96 million.

Separately, HC Wainwright reissued a “buy” rating and issued a $3.00 target price on shares of GCT Semiconductor in a research note on Monday. Two research analysts have rated the stock with a Buy rating and two have given a Sell rating to the stock. According to MarketBeat, GCT Semiconductor presently has a consensus rating of “Hold” and an average price target of $3.50.

GCT Semiconductor Stock Down 4.0%

Shares of GCTS stock opened at $1.08 on Monday. GCT Semiconductor has a fifty-two week low of $0.90 and a fifty-two week high of $2.47. The firm’s 50 day moving average price is $1.18 and its two-hundred day moving average price is $1.31. The stock has a market cap of $77.91 million, a price-to-earnings ratio of -1.33 and a beta of 1.23.

Institutional Investors Weigh In On GCT Semiconductor

Large investors have recently modified their holdings of the stock. XTX Topco Ltd purchased a new stake in shares of GCT Semiconductor during the 4th quarter valued at about $26,000. Engineers Gate Manager LP purchased a new position in GCT Semiconductor in the 2nd quarter worth approximately $37,000. Blair William & Co. IL acquired a new stake in GCT Semiconductor in the third quarter valued at approximately $47,000. Bridgeway Capital Management LLC acquired a new stake in GCT Semiconductor in the third quarter valued at approximately $76,000. Finally, Goldman Sachs Group Inc. raised its stake in shares of GCT Semiconductor by 57.5% during the first quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company’s stock valued at $115,000 after purchasing an additional 25,535 shares during the period. Institutional investors and hedge funds 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. 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.