Semtech Corporation (NASDAQ:SMTC) Given Average Recommendation of “Moderate Buy” by Analysts

Semtech Corporation (NASDAQ:SMTC) has earned an average rating of “Moderate Buy” from the seventeen brokerages that are currently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and thirteen have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $179.7333.

A number of equities analysts have commented on the company. Stifel Nicolaus raised their price objective on Semtech from $157.00 to $188.00 and gave the stock a “buy” rating in a research note on Wednesday. B. Riley Financial raised their price objective on Semtech from $165.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday. Citigroup lowered Semtech from a “buy” rating to a “market perform” rating in a research note on Tuesday. Roth Mkm raised their price objective on Semtech from $102.00 to $190.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, Needham & Company LLC raised their price objective on Semtech from $105.00 to $200.00 and gave the stock a “buy” rating in a research note on Wednesday.

Semtech Price Performance

Semtech stock opened at $157.20 on Thursday. The stock’s fifty day moving average price is $105.41 and its two-hundred day moving average price is $88.19. Semtech has a one year low of $34.59 and a one year high of $172.36. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.37 and a quick ratio of 1.66. The firm has a market cap of $14.64 billion, a PE ratio of -403.08 and a beta of 2.22.

Semtech (NASDAQ:SMTC) last posted its quarterly earnings data on Tuesday, May 26th. The semiconductor company reported $0.51 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.06. Semtech had a positive return on equity of 18.45% and a negative net margin of 3.05%.The firm had revenue of $291.00 million for the quarter, compared to analyst estimates of $283.53 million. During the same quarter last year, the company earned $0.38 EPS. The company’s revenue was up 15.9% on a year-over-year basis. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. As a group, research analysts expect that Semtech will post 1.6 EPS for the current fiscal year.

Insider Transactions at Semtech

In other Semtech news, Director Paul V. Walsh, Jr. sold 500 shares of the firm’s stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $138.21, for a total value of $69,105.00. Following the sale, the director owned 23,279 shares of the company’s stock, valued at approximately $3,217,390.59. This trade represents a 2.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Martin Burvill sold 2,500 shares of the firm’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $88.98, for a total value of $222,450.00. Following the completion of the sale, the director directly owned 4,409 shares in the company, valued at approximately $392,312.82. This represents a 36.18% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 36,884 shares of company stock worth $3,069,245. 0.48% of the stock is owned by insiders.

Institutional Investors Weigh In On Semtech

A number of large investors have recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings in shares of Semtech by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 11,858,352 shares of the semiconductor company’s stock valued at $873,842,000 after purchasing an additional 298,987 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Semtech by 3.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,373,744 shares of the semiconductor company’s stock valued at $526,861,000 after purchasing an additional 261,647 shares in the last quarter. Capital Research Global Investors boosted its holdings in shares of Semtech by 13.9% in the 3rd quarter. Capital Research Global Investors now owns 4,691,676 shares of the semiconductor company’s stock valued at $335,220,000 after purchasing an additional 571,372 shares in the last quarter. State Street Corp boosted its holdings in shares of Semtech by 1.5% in the 2nd quarter. State Street Corp now owns 4,037,107 shares of the semiconductor company’s stock valued at $182,235,000 after purchasing an additional 60,788 shares in the last quarter. Finally, Whale Rock Capital Management LLC boosted its holdings in shares of Semtech by 11.3% in the 4th quarter. Whale Rock Capital Management LLC now owns 3,901,469 shares of the semiconductor company’s stock valued at $287,499,000 after purchasing an additional 396,504 shares in the last quarter.

Key Headlines Impacting Semtech

Here are the key news stories impacting Semtech this week:

• Positive Sentiment: Semtech beat Q1 expectations, reporting EPS of $0.51 versus $0.45 expected and revenue of $291 million versus $283.5 million expected, with year-over-year revenue growth of 15.9%. Semtech Announces First Quarter of Fiscal Year 2027 Results
• Positive Sentiment: Management guided Q2 revenue to $323 million-$333 million and EPS to $0.59-$0.63, both above consensus, suggesting continued momentum into the next quarter. Semtech forecasts $328M Q2 revenue as it targets 35 percent sequential data center growth
• Positive Sentiment: Analysts raised price targets after the report, including B. Riley to $210, Needham to $200, Baird to $225, and UBS reiterated a Buy with a $225 target, reinforcing confidence in the growth story. Semtech Stock Gains After Q1 Results Beat Estimates, Analysts Raise Price Targets
• Neutral Sentiment: Commentary from earnings-call coverage highlighted record revenue and strong design wins, especially around data center and optical products, but these are supportive rather than new catalysts. Semtech Corp Q1 2027 Earnings Call Highlights
• Negative Sentiment: Northland Securities downgraded the stock to market perform ahead of the results, showing not all analysts were uniformly bullish. Northland downgrade coverage

Semtech Company Profile

Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.

A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.