Lattice Semiconductor (NASDAQ:LSCC) Price Target Raised to $75.00 at Robert W. Baird

Lattice Semiconductor (NASDAQ:LSCC) had its price target increased by Robert W. Baird from $60.00 to $75.00 in a research note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have an outperform rating on the semiconductor company’s stock.

LSCC has been the subject of a number of other research reports. KeyCorp upped their price target on Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Needham & Company LLC restated a “buy” rating and set a $80.00 target price on shares of Lattice Semiconductor in a report on Tuesday. Rosenblatt Securities lifted their price target on shares of Lattice Semiconductor from $72.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday. Raymond James Financial reissued an “outperform” rating and set a $80.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday. Finally, Stifel Nicolaus raised their target price on shares of Lattice Semiconductor from $60.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $77.58.

Lattice Semiconductor Stock Down 13.2%

Shares of LSCC opened at $63.23 on Tuesday. The stock has a market capitalization of $8.66 billion, a P/E ratio of 274.92, a PEG ratio of 5.63 and a beta of 1.66. Lattice Semiconductor has a twelve month low of $34.69 and a twelve month high of $76.61. The firm has a fifty day simple moving average of $69.88 and a two-hundred day simple moving average of $58.41.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data on Monday, November 3rd. The semiconductor company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.28. The firm had revenue of $133.35 million for the quarter, compared to analysts’ expectations of $133.03 million. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.24 earnings per share. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. Sell-side analysts expect that Lattice Semiconductor will post 0.65 EPS for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Tracy Ann Feanny sold 5,965 shares of the business’s stock in a transaction 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 owned 79,480 shares in the company, valued at approximately $5,285,420. The trade was a 6.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Tonya Stevens sold 3,440 shares of the stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $74.93, for a total transaction of $257,759.20. Following the completion of the transaction, the chief accounting officer owned 84,336 shares of the company’s stock, valued at approximately $6,319,296.48. The trade was a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 27,844 shares of company stock valued at $1,852,392. 1.80% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Several large investors have recently made changes to their positions in LSCC. Envestnet Portfolio Solutions Inc. boosted its position in shares of Lattice Semiconductor by 0.7% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 21,312 shares of the semiconductor company’s stock worth $1,563,000 after purchasing an additional 144 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in Lattice Semiconductor by 1.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 11,910 shares of the semiconductor company’s stock worth $873,000 after acquiring an additional 166 shares in the last quarter. Prudential PLC grew its stake in shares of Lattice Semiconductor by 2.1% in the first quarter. Prudential PLC now owns 9,199 shares of the semiconductor company’s stock worth $482,000 after acquiring an additional 187 shares during the last quarter. Silvant Capital Management LLC increased its holdings in shares of Lattice Semiconductor by 2.1% during the first quarter. Silvant Capital Management LLC now owns 9,418 shares of the semiconductor company’s stock valued at $494,000 after acquiring an additional 198 shares in the last quarter. Finally, Allworth Financial LP raised its position in shares of Lattice Semiconductor by 65.7% in the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 222 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile

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.