Analysts Offer Predictions for GCTS FY2027 Earnings

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Investment analysts at B. Riley issued their FY2027 EPS estimates for shares of GCT Semiconductor in a report issued on Monday, February 3rd. B. Riley analyst C. Ellis anticipates that the company will earn $0.13 per share for the year. B. Riley currently has a “Buy” rating and a $5.00 target price 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 FY2028 earnings at $0.30 EPS.

GCT Semiconductor Stock Up 0.9 %

Shares of GCTS stock opened at $2.13 on Tuesday. GCT Semiconductor has a one year low of $1.98 and a one year high of $56.00. The company has a 50 day moving average price of $2.44 and a 200 day moving average price of $2.81.

Institutional Trading of GCT Semiconductor

Several institutional investors have recently made changes to their positions in GCTS. Barclays PLC raised its holdings in GCT Semiconductor by 321.3% in the third 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 period. JPMorgan Chase & Co. increased its position in shares of GCT Semiconductor by 488.2% in the third quarter. JPMorgan Chase & Co. now owns 27,258 shares of the company’s stock worth $91,000 after acquiring an additional 22,624 shares in the last quarter. Rhumbline Advisers raised its stake in shares of GCT Semiconductor by 798.1% in the 4th quarter. Rhumbline Advisers now owns 51,327 shares of the company’s stock valued at $120,000 after acquiring an additional 45,612 shares during the period. FMR LLC acquired a new position in shares of GCT Semiconductor during the 3rd quarter valued at $134,000. Finally, Charles Schwab Investment Management Inc. boosted its position in GCT Semiconductor by 141.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 42,932 shares of the company’s stock worth $144,000 after purchasing an additional 25,183 shares during the period. 28.06% of the stock is owned by hedge funds and other institutional investors.

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.