GSI Technology AI Stock Analysis
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GSI Technology (GSIT) AI Stock Analysis
GSI Technology
(NASDAQ:GSIT)
GSI Technology's low overall score of 40 is heavily burdened by severe cash burn, deep operating losses, and pronounced technical weakness. The most critical near-term risks stem from compressed gross margins, delayed shipments, and an outsized reliance on volatile distributor channels. While the company's debt-free balance sheet provides a critical cushion to fund its AI hardware innovations, negative valuation metrics and strong bearish price momentum reflect deep market skepticism regarding its path to profitability.
GSI Technology Key Performance Indicators (KPIs)
Revenue by Customer TypeBreaks down revenue by customer segments (for example OEMs, distributors, enterprise vs. smaller buyers), highlighting dependence on a few large customers or strength of recurring business. A concentrated customer base can lead to volatile results if a major buyer cuts orders, whereas a diversified or recurring customer mix suggests more stable revenue and greater pricing leverage.
Revenue now clearly pivots to distribution as the primary growth channel while contract-manufacturer sales have collapsed and remained depressed — a structural shift that helped the recent YoY recovery but also concentrates revenue risk. OEM receipts are sporadic, with isolated customer wins (e.g., Nokia) offering upside but not steady diversification. Management’s guidance and government POC funding reduce near-term cash concern, but ongoing heavy R&D and customer variability heighten execution and concentration risk for investors.
The FlyGSI Technology (GSIT) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $118.76M
- Dividend Yield
- ―
- Average Volume (3M)
- 490.73K
- Price to Earnings (P/E)
- -5.9
- Beta (1Y)
- 3.75
- Revenue Growth
- 2.92%
- EPS Growth
- -22.28%
- Country
- US
- Employees
- 125
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Semiconductors
GSI Technology Business Overview & Revenue Model
Company Description
GSI Technology, Inc. (GSIT) operates as a fabless semiconductor company, specializing in the creation, development, and commercialization of sophisticated memory solutions. These products cater to a global clientele across vital industries such as ne...
How the Company Makes Money
GSI Technology makes money primarily by selling its semiconductor memory products (principally SRAM integrated circuits) to OEMs and system manufacturers, typically through a combination of direct sales and semiconductor distribution channels. Revenu...
GSI Technology Earnings Call Summary
The call presented meaningful progress in Gemini-II customer deployments, GRIN software development, defense programs, and the on-schedule Plato roadmap, supported by a debt-free balance sheet and potential strategic-partner interest. However, these positives were balanced by manufacturing constraints, delayed shipments, lower gross margins, a reduced third-quarter outlook, higher operating expenses, increased cash usage, and several programs that remain dependent on procurement, partner, or customer decisions.
Q2-2027 Updates
Positive Updates
Negative Updates
Company Guidance
For the remainder of fiscal 2027, GSI plans to pursue Phase two of Smart Guardian Eye, expected to expand deployment to approximately 80 cameras and introduce automatic speech recognition; release GRIN to initial customers before the end of December 2026 and commercially in the first half of calendar 2027; complete Plato’s tape-out in March 2027, with first spin chips for initial sampling by late summer of calendar 2027, targeting AI inference at less than 10 W; and pursue strategic partners, with “There might be something by the end of this year or into early next year.” For the third quarter of fiscal 2027, the company anticipates revenue of $5 million-$6 million and gross margin of approximately 38%-40%, plans customer price increases immediately on new orders and effective January 1st on existing backlog, and anticipates these measures will support a recovery in revenue and gross margin beginning the fourth quarter of fiscal 2027. Based on its current operating plan, GSI continues to anticipate quarterly cash usage of approximately $4 million, or $16 million annually, although actual cash usage may vary.
GSI Technology Financial Statement Overview
Summary
GSI Technology presents a highly polarized profile. A pristine, virtually debt-free balance sheet provides a vital liquidity runway. However, operations are plagued by declining top-line results, deep net losses, and severe cash burn. KPI insights reveal a heavy dependence on distributors and concentrated international markets like China and Germany, exposing the company to elevated revenue volatility.
Income Statement
25NegativeBalance Sheet
82Very PositiveCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 24.73M | 25.12M | 20.52M | 21.77M | 29.69M | 33.38M |
| Gross Profit | 12.80M | 13.70M | 10.14M | 11.82M | 17.68M | 18.54M |
| EBITDA | -19.54M | -16.85M | -15.96M | -19.50M | -16.70M | -15.35M |
| Net Income | -19.66M | -13.25M | -10.64M | -20.09M | -15.98M | -16.37M |
Balance Sheet | ||||||
| Total Assets | 101.47M | 97.95M | 43.32M | 42.48M | 60.03M | 76.42M |
| Cash, Cash Equivalents and Short-Term Investments | 69.19M | 67.21M | 13.43M | 14.43M | 30.57M | 43.96M |
| Total Debt | 8.47M | 8.47M | 9.64M | 1.52M | 651.00K | 898.00K |
| Total Liabilities | 15.24M | 16.19M | 15.09M | 6.49M | 8.50M | 11.97M |
| Stockholders Equity | 86.22M | 81.76M | 28.23M | 35.97M | 51.37M | 64.45M |
Cash Flow | ||||||
| Free Cash Flow | -26.10M | -16.41M | -13.02M | -18.00M | -17.16M | -14.60M |
| Operating Cash Flow | -25.18M | -15.92M | -12.97M | -17.35M | -16.84M | -13.83M |
| Investing Cash Flow | -925.00K | -486.00K | 11.35M | 2.76M | 6.68M | 4.20M |
| Financing Cash Flow | 69.96M | 70.19M | 633.00K | 1.81M | 402.00K | 2.37M |
GSI Technology Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GSIT, the sentiment is Negative. The current price of 3.09 is below the 20-day moving average (MA) of 3.73, below the 50-day MA of 4.61, and below the 200-day MA of 6.51, indicating a bearish trend. The MACD of -0.44 indicates Positive momentum. The RSI at 30.59 is Neutral, neither overbought nor oversold. The STOCH value of 22.13 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GSIT.
GSI Technology Risk Analysis
GSI Technology disclosed 47 risk factors in its most recent earnings report. GSI Technology reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksGSI Technology Peers Comparison
Overall Rating
RMBS75Outperform
MCHP67Neutral
CEVA66Neutral
SIMO64Neutral
MRAM52Neutral- GSIT40Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| RMBS | 75Outperform | $9.10B | 33.43 | 18.85% | ― | 17.34% | 15.45% |
| MCHP | 67Neutral | $33.79B | 46.21 | 12.43% | 2.95% | 33.02% | ― |
| CEVA | 66Neutral | $750.84M | -66.81 | -3.17% | ― | 8.26% | 17.75% |
| SIMO | 64Neutral | $6.09B | 4.54 | 32.30% | 1.22% | 104.47% | 221.89% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| MRAM | 52Neutral | $315.48M | -30.58 | -14.09% | ― | 28.74% | -1527.71% |
| GSIT | 40Underperform | $123.97M | -5.86 | -22.89% | ― | 2.92% | -22.28% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| GSIT | GSI Technology | 3.09 | -4.31 | -58.24% | |
| CEVA | Ceva Inc | 25.59 | 2.01 | 8.52% | |
| MCHP | Microchip Technology | 61.68 | 11.30 | 22.43% | |
| RMBS | Rambus | 82.23 | -8.90 | -9.77% | |
| SIMO | Silicon Motion | 169.45 | 84.91 | 100.45% | |
| MRAM | Everspin Technologies Inc | 12.25 | 4.10 | 50.31% |
GSI Technology Corporate Events
GSI Technology Shareholders Back Board and Governance Policies
PositiveOn August 18, 2026, GSI Technology Taiwan Inc. renewed its lease for its 25,250 square foot primary office and operations facility in Chu-Pei City, Taiwan, signing a three-year agreement with Tai Yuen Textile Co., Ltd. that runs from September 1, 202...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 07, 2026