Lattice Semiconductor (NASDAQ:LSCC) Price Target Raised to $80.00 at Needham & Company LLC

Lattice Semiconductor (NASDAQ:LSCC) had its price target hoisted by Needham & Company LLC from $70.00 to $80.00 in a research report released on Monday,Benzinga reports. They currently have a buy rating on the semiconductor company’s stock.

Several other equities research analysts have also recently issued reports on the company. Wall Street Zen upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. TD Cowen lowered their target price on Lattice Semiconductor from $62.00 to $57.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. Benchmark boosted their target price on Lattice Semiconductor from $60.00 to $75.00 and gave the stock a “buy” rating in a report on Thursday, September 11th. Loop Capital lowered their target price on Lattice Semiconductor from $75.00 to $65.00 and set a “buy” rating on the stock in a report on Tuesday, August 5th. Finally, Rosenblatt Securities restated a “buy” rating and set a $72.00 target price on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $65.67.

Lattice Semiconductor Trading Up 3.6%

LSCC stock opened at $74.71 on Monday. Lattice Semiconductor has a 12-month low of $34.69 and a 12-month high of $75.75. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 324.84, a PEG ratio of 5.30 and a beta of 1.62. The business’s 50-day moving average is $61.02 and its 200 day moving average is $54.03.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.24. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The company had revenue of $123.97 million for the quarter, compared to analysts’ expectations of $123.60 million. During the same period in the previous year, the firm posted $0.23 EPS. Lattice Semiconductor’s revenue was down .1% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, equities analysts forecast that Lattice Semiconductor will post 0.65 EPS for the current fiscal year.

Insider Activity

In other news, CAO Tonya Stevens sold 3,439 shares of Lattice Semiconductor stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $64.92, for a total transaction of $223,259.88. Following the sale, the chief accounting officer owned 87,776 shares of the company’s stock, valued at approximately $5,698,417.92. The trade was a 3.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total transaction of $396,672.50. Following the sale, the senior vice president directly owned 79,480 shares in the company, valued at approximately $5,285,420. The trade was a 6.98% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 24,404 shares of company stock valued at $1,594,632. 1.19% of the stock is currently owned by company insiders.

Institutional Trading of Lattice Semiconductor

Several institutional investors have recently made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its position in shares of Lattice Semiconductor by 24.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company’s stock valued at $409,139,000 after buying an additional 1,517,395 shares during the period. State Street Corp raised its position in shares of Lattice Semiconductor by 1.8% during the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock valued at $237,718,000 after buying an additional 85,973 shares during the period. Bank of America Corp DE raised its position in shares of Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after buying an additional 1,390,109 shares during the period. Invesco Ltd. raised its position in shares of Lattice Semiconductor by 1.5% during the 2nd quarter. Invesco Ltd. now owns 2,191,134 shares of the semiconductor company’s stock valued at $107,344,000 after buying an additional 33,042 shares during the period. Finally, TD Asset Management Inc raised its position in shares of Lattice Semiconductor by 5.7% during the 2nd quarter. TD Asset Management Inc now owns 1,817,854 shares of the semiconductor company’s stock valued at $89,057,000 after buying an additional 97,610 shares during the period. Hedge funds and other institutional investors own 98.08% of the company’s stock.

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.