Semtech (SMTC) Expected to Announce Quarterly Earnings on Monday

Semtech (NASDAQ:SMTC) will likely be issuing its Q2 2026 quarterly earnings data after the market closes on Monday, August 25th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $256.06 million for the quarter. Semtech has set its Q2 2026 guidance at 0.370-0.43 EPS.

Semtech (NASDAQ:SMTC) last posted its earnings results on Tuesday, May 27th. The semiconductor company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.21 by $0.10. The firm had revenue of $251.10 million for the quarter, compared to the consensus estimate of $249.79 million. Semtech had a negative net margin of 12.52% and a positive return on equity of 19.66%. The business’s quarterly revenue was up 21.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.06 earnings per share. On average, analysts expect Semtech to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Semtech Trading Down 1.4%

Semtech stock opened at $49.83 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 2.53 and a quick ratio of 1.81. Semtech has a one year low of $24.05 and a one year high of $79.52. The company’s fifty day moving average price is $47.43 and its two-hundred day moving average price is $40.34. The company has a market capitalization of $4.32 billion, a price-to-earnings ratio of -24.19 and a beta of 1.94.

Analyst Ratings Changes

A number of research firms have issued reports on SMTC. UBS Group decreased their price target on shares of Semtech from $60.00 to $55.00 and set a “buy” rating for the company in a report on Monday, May 5th. Stifel Nicolaus upped their price target on shares of Semtech from $45.00 to $54.00 and gave the company a “buy” rating in a report on Friday, July 18th. Benchmark restated a “buy” rating and set a $68.00 price target on shares of Semtech in a report on Wednesday, May 28th. Morgan Stanley set a $43.00 price target on shares of Semtech in a report on Wednesday, May 28th. Finally, Needham & Company LLC restated a “buy” rating and set a $54.00 price target on shares of Semtech in a report on Wednesday, May 28th. Two analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $59.58.

Insider Activity

In related news, COO Asaf Silberstein sold 2,000 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $42.98, for a total value of $85,960.00. Following the completion of the transaction, the chief operating officer owned 105,996 shares of the company’s stock, valued at $4,555,708.08. This represents a 1.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Mark Lin sold 999 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $43.84, for a total transaction of $43,796.16. Following the completion of the transaction, the chief financial officer directly owned 17,211 shares of the company’s stock, valued at $754,530.24. This trade represents a 5.49% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.48% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC raised its position in Semtech by 24.1% in the second quarter. Smartleaf Asset Management LLC now owns 1,274 shares of the semiconductor company’s stock worth $57,000 after purchasing an additional 247 shares in the last quarter. Strs Ohio acquired a new stake in shares of Semtech during the first quarter worth approximately $65,000. Jones Financial Companies Lllp increased its holdings in shares of Semtech by 12,214.3% during the first quarter. Jones Financial Companies Lllp now owns 2,586 shares of the semiconductor company’s stock worth $89,000 after buying an additional 2,565 shares in the last quarter. Evergreen Capital Management LLC acquired a new stake in shares of Semtech during the second quarter worth approximately $206,000. Finally, Tidal Investments LLC acquired a new stake in shares of Semtech during the second quarter worth approximately $209,000.

Semtech Company Profile

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications.