Semtech (SMTC) Stock Price, News & Analysis

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Semtech in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SMTC shares.
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12 Wall Street research analysts have issued 1-year price targets for Semtech's stock. Their SMTC share price targets range from $30.00 to $50.00. On average, they anticipate the company's stock price to reach $39.35 in the next year. This suggests a possible upside of 22.7% from the stock's current price.
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Semtech's stock was trading at $21.91 at the beginning of 2024. Since then, SMTC stock has increased by 46.4% and is now trading at $32.07.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
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Semtech Co. (NASDAQ:SMTC) released its quarterly earnings data on Wednesday, December, 6th. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.15) by $0.17. The semiconductor company had revenue of $200.90 million for the quarter, compared to analysts' expectations of $200.55 million. Semtech had a negative net margin of 125.70% and a negative trailing twelve-month return on equity of 9.41%. The company's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.60 EPS.

ETFs with the largest weight of Semtech (NASDAQ:SMTC) stock in their portfolio include SPDR S&P Semiconductor ETF (XSD), Columbia Seligman Semiconductor and Technology ETF (SEMI), Invesco S&P SmallCap Information Technology ETF (PSCT), Nuveen Small Cap Select ETF (NSCS), Jacob Forward ETF (JFWD), Invesco Nasdaq Future Gen 200 ETF (QQQS), Syntax Stratified SmallCap ETF (SSLY) and Global X Internet of Things Thematic ETF (SNSR).

Semtech issued an update on its first quarter 2025 earnings guidance on Thursday, March, 28th. The company provided EPS guidance of -0.040-0.040 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $200.6 million.

66 employees have rated Semtech Chief Executive Officer Mohan R. Maheswaran on Glassdoor.com. Mohan R. Maheswaran has an approval rating of 85% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Semtech investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN), AutoZone (AZO), Charles Schwab (SCHW), Bank of the Ozarks (OZRK) and Vicor (VICR).

Semtech's stock is owned by a number of retail and institutional investors. Top institutional investors include Portman Square Capital LLP (0.00%), IMC Chicago LLC (0.00%), Partnership Wealth Management LLC (0.05%), Moody National Bank Trust Division (0.01%), Versant Capital Management Inc (0.00%) and GAMMA Investing LLC (0.00%). Insiders that own company stock include Alisair Fulton, Alistair Fulton, Asaf Silberstein, Charles B Ammann, Christopher H Chang, Emeka Chukwu, John Michael Wilson, Mark Lin, Michael W Rodensky, Michael W Rodensky, Mohan Maheswaran, Norris B Powell, Paul V Walsh Jr and Ye Jane Li.
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Shares of SMTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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