What is Zacks Research’s Forecast for GCTS Q3 Earnings?

GCT Semiconductor Holding, Inc. (NYSE:GCTS) – Equities research analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for GCT Semiconductor in a research report issued on Tuesday, August 11th. Zacks Research analyst L. Thompson now expects that the company will post earnings per share of ($0.10) for the quarter, up from their prior estimate of ($0.11). The consensus estimate for GCT Semiconductor’s current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for GCT Semiconductor’s Q4 2026 earnings at ($0.10) EPS, FY2026 earnings at ($0.58) EPS and FY2027 earnings at ($0.08) EPS.

GCT Semiconductor (NYSE:GCTS) last issued its quarterly earnings results on Monday, August 10th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.17). The company had revenue of $0.97 million during the quarter, compared to analyst estimates of $3.30 million.

A number of other equities analysts also recently weighed in on GCTS. Weiss Ratings reissued a “sell (d-)” rating on shares of GCT Semiconductor in a report on Monday, August 3rd. Wall Street Zen downgraded shares of GCT Semiconductor from a “hold” rating to a “sell” rating in a report on Monday. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $3.50.

GCT Semiconductor Price Performance

Shares of NYSE:GCTS opened at $1.95 on Monday. GCT Semiconductor has a 1 year low of $0.95 and a 1 year high of $3.93. The company has a market capitalization of $178.88 million, a PE ratio of -2.43 and a beta of 1.81. The business has a fifty day moving average price of $2.37 and a two-hundred day moving average price of $1.88.

Institutional Trading of GCT Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of GCTS. GSA Capital Partners LLP bought a new position in GCT Semiconductor in the 2nd quarter worth approximately $401,000. NewEdge Wealth LLC purchased a new position in GCT Semiconductor in the 2nd quarter valued at approximately $410,000. Ieq Capital LLC bought a new stake in GCT Semiconductor during the 2nd quarter valued at $508,000. Evolve Private Wealth LLC bought a new stake in GCT Semiconductor during the 2nd quarter valued at $551,000. Finally, Meeder Advisory Services Inc. bought a new stake in GCT Semiconductor during the 2nd quarter valued at $758,000. 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.