B. Riley Reduces Earnings Estimates for GCT Semiconductor

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Equities research analysts at B. Riley lowered their Q2 2025 earnings per share estimates for GCT Semiconductor in a report released on Thursday, May 15th. B. Riley analyst C. Ellis now anticipates that the company will earn ($0.14) per share for the quarter, down from their prior estimate of ($0.11). 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 Q3 2025 earnings at ($0.11) EPS, Q4 2025 earnings at ($0.09) EPS, FY2025 earnings at ($0.48) EPS, Q1 2026 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at $0.00 EPS, FY2026 earnings at ($0.08) EPS and FY2027 earnings at $0.09 EPS.

GCT Semiconductor (NYSE:GCTS) last released its quarterly earnings data on Wednesday, May 14th. The company reported ($0.15) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.05). The company had revenue of $0.50 million during the quarter, compared to analysts’ expectations of $1.87 million.

GCT Semiconductor Stock Down 1.9%

Shares of GCTS stock opened at $1.29 on Monday. GCT Semiconductor has a 12 month low of $1.16 and a 12 month high of $5.80. The business’s 50 day moving average is $1.57 and its two-hundred day moving average is $2.07. The company has a market cap of $62.00 million, a PE ratio of -2.92 and a beta of 1.24.

Hedge Funds Weigh In On GCT Semiconductor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers grew its holdings in 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 purchasing an additional 45,612 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in GCT Semiconductor by 488.2% during the third quarter. JPMorgan Chase & Co. now owns 27,258 shares of the company’s stock valued at $91,000 after purchasing an additional 22,624 shares during the last quarter. Barclays PLC grew its stake in shares of GCT Semiconductor by 321.3% in the third quarter. Barclays PLC now owns 10,799 shares of the company’s stock worth $36,000 after acquiring an additional 8,236 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in shares of GCT Semiconductor in the fourth quarter worth $58,000. Finally, Goldman Sachs Group Inc. grew its stake in shares of GCT Semiconductor by 57.5% in the first quarter. Goldman Sachs Group Inc. now owns 69,917 shares of the company’s stock worth $115,000 after acquiring an additional 25,535 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.