GCT Semiconductor Holding, Inc. (GCTS)

NYSE: GCTS · Real-Time Price · USD
2.380
-0.050 (-2.06%)
Dec 26, 2024, 4:00 PM EST - Market closed
-2.06%
Market Cap 113.61M
Revenue (ttm) 11.53M
Net Income (ttm) -17.57M
Shares Out 47.74M
EPS (ttm) -0.13
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 160,673
Open 2.380
Previous Close 2.430
Day's Range 2.320 - 2.450
52-Week Range 2.120 - 56.000
Beta 1.13
Analysts Strong Buy
Price Target 8.00 (+236.13%)
Earnings Date Nov 14, 2024

About GCTS

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, ... [Read more]

Industry Semiconductors
Sector Technology
Founded 1998
Employees 195
Stock Exchange NYSE
Ticker Symbol GCTS
Full Company Profile

Financial Performance

In 2023, GCT Semiconductor's revenue was $16.03 million, a decrease of -3.85% compared to the previous year's $16.67 million. Losses were -$22.47 million, -21.57% less than in 2022.

Financial numbers in USD Financial Statements

Analyst Forecast

According to one analyst, the rating for GCTS stock is "Strong Buy" and the 12-month stock price forecast is $8.0.

Price Target
$8.0
(236.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

GCT Semiconductor Holding, Inc. Signs Strategic Definitive Agreement with European Tier One Telecommunications Supplier

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Signs Strategic Definitive Agreement with European Tier One Telecommunications Supplier.

4 weeks ago - Business Wire

GCT Semiconductor Holding, Inc. Reports Third Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Reports Third Quarter 2024 Financial Results.

6 weeks ago - Business Wire

GCT Semiconductor Holding, Inc. to Attend the 13th Annual ROTH Technology Conference on November 20

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. to Attend the 13th Annual ROTH Technology Conference on November 20.

6 weeks ago - Business Wire

GCT Semiconductor Holding, Inc. to Announce Third Quarter Financial Results and Hold Conference Call on November 14, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. to Announce Third Quarter Financial Results and Hold Conference Call on November 14, 2024.

2 months ago - Business Wire

Strategic Partnership of Five Tech Leaders for End-to-End Solutions Within 450MHz Ecosystems

WARSAW, Poland--(BUSINESS WIRE)-- #5G--The five tech partners Airspan, Cocus, Cyrus Technology, Frequentis, and GCT Semiconductor Holding Inc. (NYSE: GCTS), proudly announce the strategic partnership ...

4 months ago - Business Wire

GCT Semiconductor Holding, Inc. to Present at the 2024 Gateway Conference on September 4th

GCT's Management Will Also Present at H.C. Wainwright 26th Annual Global Investment Conference on September 9th GCT's Management Will Also Present at H.C. Wainwright 26th Annual Global Investment Conf...

4 months ago - GlobeNewsWire

GCT Semiconductor Holding, Inc. Signs MOU with Global Tier One Telecommunications Supplier

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Signs MOU with Global Tier One Telecommunications Supplier.

4 months ago - Business Wire

GCT Semiconductor Holding, Inc. Reports Second Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Reports Second Quarter 2024 Financial Results.

4 months ago - Business Wire

GCT Semiconductor Signs MOU with Samsung to Accelerate the Development of 4G/5G Chipsets and Modules

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor signs MOU with Samsung to accelerate the development of 4G/5G chipsets and modules.

4 months ago - Business Wire

GCT Semiconductor Holding, Inc. to Announce Second Quarter Financial Results and Hold Conference Call on August 14, 2024

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. (“GCT” or the “Company”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today ann...

5 months ago - Business Wire

GCT Semiconductor and Ligado Networks Announce Commercial Availability of Band 54 Modules

RESTON, Va. & SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--Ligado Networks (“Ligado”), a satellite communications company, and GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and s...

5 months ago - Business Wire

GCT Semiconductor and Kyocera Sign Development and Partnership Agreement for Collaboration on a 5G Reference Platform for CPE Devices

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding Inc. (“GCT” or the “Company”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, and Kyocer...

6 months ago - Business Wire

GCT Semiconductor Holding Announces Inclusion in Russell 3000® Index

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding Inc. (“GCT” or the “Company”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today anno...

6 months ago - Business Wire

GCT Semiconductor Announces the World's First Highly Integrated Multi-Mode LTE Chipset Supporting the 450 MHz Spectrum

SAN JOSE, Calif.--(BUSINESS WIRE)-- #450MHz--GCT Semiconductor Announces the World's First Highly Integrated Multi-Mode LTE chipset Supporting the 450 MHz Spectrum.

7 months ago - Business Wire

GCT Semiconductor Holding, Inc. Reports First Quarter 2024 Financial Results

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4G--GCT Semiconductor Holding, Inc. Reports First Quarter 2024 Financial Results.

8 months ago - Business Wire

Aramco and GCT Semiconductor Holding, Inc. Sign MOU to Accelerate the Development of the 4G and 5G Ecosystem in Saudi Arabia

SAN JOSE, Calif. & DHAHRAN, Saudi Arabia--(BUSINESS WIRE)--Aramco has signed a Memorandum of Understanding (MOU) with GCT Semiconductor Holding Inc. (“GCT”) (NYSE: GCTS), a leading designer and suppli...

9 months ago - Business Wire

GCT Semiconductor Appoints Nelson C. Chan to Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)-- #4g--GCT Semiconductor Holding, Inc. (“GCT” or the “Company”) (NYSE: GCTS), a leading designer and supplier of advanced 5G and 4G semiconductor solutions, today ann...

9 months ago - Business Wire

GCT Semiconductor Becomes a Publicly Traded Company After Completing Business Combination with Concord Acquisition Corp III, Will Commence Trading on NYSE Under Ticker Symbol "GCTS"

SAN JOSE, Calif. & NEW YORK--(BUSINESS WIRE)-- #4G--GCT Semiconductor, Inc. (“GCT Semiconductor” or “GCT”), a leading fabless designer and supplier of advanced LTE, IoT and 5G semiconductor solutions,...

9 months ago - Business Wire