B. Riley Increases Earnings Estimates for GCT Semiconductor

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Investment analysts at B. Riley raised their Q1 2025 earnings estimates for shares of GCT Semiconductor in a research report 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 target 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 released 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 business had revenue of $2.03 million during the quarter, compared to analyst estimates of $2.03 million.

GCT Semiconductor Price Performance

Shares of GCT Semiconductor stock opened at $1.79 on Friday. The business has a fifty day simple moving average of $2.07 and a two-hundred day simple moving average of $2.40. GCT Semiconductor has a 1 year low of $1.55 and a 1 year high of $30.52. The company has a market capitalization of $85.21 million, a price-to-earnings ratio of -6.87 and a beta of 1.16.

Institutional Trading of GCT Semiconductor

A number of hedge funds have recently modified their holdings of the stock. Barclays PLC grew its stake in GCT Semiconductor by 321.3% in the 3rd quarter. Barclays PLC now owns 10,799 shares of the company’s stock valued at $36,000 after buying an additional 8,236 shares during the last quarter. Squarepoint Ops LLC bought a new stake in shares of GCT Semiconductor during the fourth quarter worth approximately $45,000. Renaissance Technologies LLC acquired a new position in shares of GCT Semiconductor in the fourth quarter valued at approximately $58,000. JPMorgan Chase & Co. increased its stake in shares of GCT Semiconductor by 488.2% during the third quarter. JPMorgan Chase & Co. now owns 27,258 shares of the company’s stock worth $91,000 after purchasing an additional 22,624 shares during the period. Finally, Rhumbline Advisers lifted its holdings in GCT Semiconductor by 798.1% during the 4th quarter. Rhumbline Advisers now owns 51,327 shares of the company’s stock worth $120,000 after purchasing an additional 45,612 shares during the last quarter. 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.