GCTS

GCT Semiconductor Holding
GCTS

$2.62
5.76%

Market Cap: $124M

 

About: GCT Semiconductor Holding Inc. is a designer and supplier of 5G and 4G LTE semiconductor solutions. It enabled fast and reliable 4G LTE connectivity to numerous commercial devices such as CPEs, mobile hotspots, routers, M2M applications and smartphones, etc. The system-on-chip solutions integrate radio frequency, baseband modem and digital signal processing functions, therefore offering complete 4G and 5G platform solutions with small form factors, low power consumption, high performance, high reliability, and cost-effectiveness.

0
Funds holding %
of 6,686 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2,500% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 1

278% more funds holding

Funds holding: 9 [Q1] → 34 (+25) [Q2]

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

14% more capital invested

Capital invested by funds: $12.8M [Q1] → $14.6M (+$1.81M) [Q2]

0.49% less ownership

Funds ownership: 6.93% [Q1] → 6.44% (-0.49%) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$8
205%
upside
Avg. target
$8
205%
upside
High target
$8
205%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
B. Riley Securities
Craig Ellis
20% 1-year accuracy
11 / 55 met price target
205%upside
$8
Buy
Initiated
28 Aug 2024

Financial journalist opinion

Based on 5 articles about GCTS published over the past 30 days