Semtech (SMTC) Stock Price, News & Analysis

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Semtech in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SMTC shares.
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12 brokerages have issued twelve-month price objectives for Semtech's shares. Their SMTC share price targets range from $30.00 to $50.00. On average, they predict the company's share price to reach $39.85 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price.
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Semtech's stock was trading at $21.91 at the start of the year. 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) posted its quarterly earnings results on Thursday, March, 28th. The semiconductor company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.15) by $0.05. The semiconductor company earned $192.95 million during the quarter, compared to analysts' expectations of $191.24 million. Semtech had a negative trailing twelve-month return on equity of 9.41% and a negative net margin of 125.70%.

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), First Trust Small Cap Growth AlphaDEX Fund (FYC) and Syntax Stratified SmallCap ETF (SSLY).

Semtech issued an update on its first quarter 2025 earnings guidance on Thursday, March, 28th. The company provided earnings per share 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 many different institutional and retail investors. Top institutional shareholders include Portman Square Capital LLP (0.00%), IMC Chicago LLC (0.00%), Partnership Wealth Management LLC (0.05%), Maryland State Retirement & Pension System (0.04%), Moody National Bank Trust Division (0.01%) and Versant Capital Management Inc (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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