Lattice Semiconductor (LSCC) Projected to Post Quarterly Earnings on Monday

Lattice Semiconductor (NASDAQ:LSCC) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Monday, May 5th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $120.09 million for the quarter. Lattice Semiconductor has set its Q1 2025 guidance at 0.200-0.240 EPS.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Monday, February 10th. The semiconductor company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.14). Lattice Semiconductor had a net margin of 12.00% and a return on equity of 11.22%. On average, analysts expect Lattice Semiconductor to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Lattice Semiconductor Trading Up 6.0 %

Shares of NASDAQ:LSCC opened at $51.89 on Friday. The company has a market cap of $7.14 billion, a price-to-earnings ratio of 117.93, a price-to-earnings-growth ratio of 3.03 and a beta of 1.64. Lattice Semiconductor has a 12 month low of $34.69 and a 12 month high of $78.29. The company has a 50-day moving average price of $52.38 and a 200-day moving average price of $55.39.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Pravin Desale sold 2,890 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $68.29, for a total transaction of $197,358.10. Following the sale, the senior vice president now owns 93,903 shares in the company, valued at $6,412,635.87. This represents a 2.99 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robin Ann Abrams sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $63.97, for a total transaction of $639,700.00. Following the completion of the transaction, the director now owns 122,538 shares of the company’s stock, valued at approximately $7,838,755.86. The trade was a 7.55 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.80% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

LSCC has been the subject of a number of recent analyst reports. Benchmark upped their target price on Lattice Semiconductor from $55.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 11th. Stifel Nicolaus upped their price objective on shares of Lattice Semiconductor from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, February 11th. Susquehanna lifted their target price on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company a “positive” rating in a research note on Tuesday, February 11th. KeyCorp boosted their price target on shares of Lattice Semiconductor from $70.00 to $75.00 and gave the company an “overweight” rating in a research report on Tuesday, February 11th. Finally, Needham & Company LLC restated a “buy” rating and issued a $70.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, February 11th. Two equities research analysts have rated the stock with a sell rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Lattice Semiconductor has an average rating of “Moderate Buy” and an average price target of $67.69.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.