HC Wainwright Has Pessimistic Outlook of GCTS Q3 Earnings

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Analysts at HC Wainwright dropped their Q3 2026 earnings per share estimates for GCT Semiconductor in a research note issued to investors on Monday, March 30th. HC Wainwright analyst S. Buck now forecasts that the company will post earnings per share of ($0.13) for the quarter, down from their prior estimate of ($0.12). HC Wainwright has a “Buy” rating and a $3.00 price objective on the stock. The consensus estimate for GCT Semiconductor’s current full-year earnings is ($0.30) per share. HC Wainwright also issued estimates for GCT Semiconductor’s Q4 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.54) EPS.

GCT Semiconductor (NYSE:GCTS) last issued its quarterly earnings results on Wednesday, March 25th. The company reported ($0.15) earnings per share 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 analysts’ expectations of $0.96 million.

GCT Semiconductor Stock Up 0.4%

Shares of GCT Semiconductor stock opened at $1.15 on Wednesday. The company has a 50 day moving average price of $1.18 and a 200 day moving average price of $1.31. The firm has a market capitalization of $82.98 million, a P/E ratio of -1.41 and a beta of 1.17. GCT Semiconductor has a 52 week low of $0.90 and a 52 week high of $2.47.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. grew its holdings 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 buying an additional 25,535 shares during the last quarter. XTX Topco Ltd purchased a new position in GCT Semiconductor in the 2nd quarter worth $95,000. Jane Street Group LLC purchased a new position in GCT Semiconductor in the 2nd quarter worth $246,000. Engineers Gate Manager LP acquired a new stake in GCT Semiconductor during the 2nd quarter worth about $37,000. Finally, Vanguard Group Inc. lifted its position in GCT Semiconductor by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 1,583,800 shares of the company’s stock worth $2,407,000 after acquiring an additional 50,799 shares during the period. Hedge funds and other 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.