Semtech Corporation (SMTC)

NASDAQ: SMTC · IEX Real-Time Price · USD
32.79
+1.29 (4.10%)
Jul 2, 2024, 4:00 PM EDT - Market closed
4.10%
Market Cap 2.12B
Revenue (ttm) 838.32M
Net Income (ttm) -1.09B
Shares Out 64.65M
EPS (ttm) -16.94
PE Ratio n/a
Forward PE 53.24
Dividend n/a
Ex-Dividend Date n/a
Volume 1,370,406
Open 31.62
Previous Close 31.50
Day's Range 31.32 - 32.86
52-Week Range 13.13 - 46.86
Beta 1.63
Analysts Strong Buy
Price Target 48.90 (+49.13%)
Earnings Date Jun 5, 2024

About SMTC

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... [Read more]

Industry Semiconductors
Sector Technology
Founded 1960
Employees 1,917
Stock Exchange NASDAQ
Ticker Symbol SMTC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for SMTC stock is "Strong Buy." The 12-month stock price forecast is $48.9, which is an increase of 49.13% from the latest price.

Price Target
$48.9
(49.13% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

11 favored semiconductor stocks expected to outperform Nvidia over the next year

Nvidia Corp. dominates coverage of the semiconductor industry, and this will continue as long as this company keeps blowing past even its own expectations for sales and profits each quarter. But there...

8 days ago - Market Watch

Cellular and LPWA IoT Device Ecosystems Report 2024: The Five Largest Cellular Module Vendors - Quectel, Fibocom, Telit Cinterion, Semtech and u-blox - held a Market Share of 72% in Terms of Revenue

Dublin, June 11, 2024 (GLOBE NEWSWIRE) -- The "Cellular and LPWA IoT Device Ecosystems - 8th Edition" report has been added to ResearchAndMarkets.com's offering.

21 days ago - GlobeNewsWire

Semtech Stock Dives. Its CEO Is Leaving Abruptly.

The termination without cause isn't related to a violation of Semtech's code of conduct or Semtech's operational or financial performance, and shouldn't impact any previous financial statements, the c...

25 days ago - Barrons

Semtech Appoints Semiconductor Industry Leader, Hong Q. Hou, as President and CEO

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (“Semtech” or the “Company”) (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and connectivity service provider, today announced t...

25 days ago - Business Wire

Sprinklr and Semtech Earnings Show a Split Between Software and Chip Stocks

Shares of software firm Sprinklr were tumbling, while shares of chip-parts maker Semtech jumped after earnings.

Other symbols: CXM
26 days ago - Barrons

Semtech Announces First Quarter of Fiscal Year 2025 Results

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces First Quarter of Fiscal Year 2025 Results.

27 days ago - Business Wire

Semtech Announces First Quarter of Fiscal Year 2025 Conference Call

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces First Quarter of Fiscal Year 2025 Conference Call.

6 weeks ago - Business Wire

Semtech Collaborates With Console Connect to Expand Connectivity Coverage in Asia-Pacific

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech & Console Connect collaborate to expand connectivity coverage across Asia-Pacific for Semtech's AirVantage Smart Connectivity service.

2 months ago - Business Wire

Semtech's stock pops after sales hike shows business has ‘progressed from stable to growing'

Semtech Corp.'s stock initially soared 17% before cooling a bit in extended trading Thursday after the company rang up better-than-expected sales and strong sales guidance for its current quarter.

3 months ago - Market Watch

Semtech Announces Fourth Quarter and Fiscal Year 2024 Results

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Fourth Quarter and Fiscal Year 2024 Results.

3 months ago - Business Wire

Semtech Elevates Global IoT Connectivity with HL78 Modules Enhanced by NTN Capabilities

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Elevates Global IoT Connectivity with HL78 Modules Enhanced by NTN Capabilities.

3 months ago - Business Wire

Semtech's Latest Innovations Empower Carriers to Navigate Seismic Shifts in Content Consumption Enabling New Levels of Service and Revenue Capabilities

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech's Latest Innovations Empower Carriers to Navigate Seismic Shifts in Content Consumption Enabling New Levels of Service & Revenue Capabilities.

3 months ago - Business Wire

Semtech Enabling the Future of Edge and Access Networks for the Cable Operators

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Sampling the Industry's Lowest Power FiberEdge® Chipset for 100Gbps ZR Coherent-Lite Market.

3 months ago - Business Wire

Semtech to Showcase New Linear Pluggable Optical Links for AI and ML Data Center Interconnects at OFC 2024

CAMARILLO, Calif.--(BUSINESS WIRE)--DirectEdge™ and FiberEdge® PMDs enable Linear Drive architecture delivering superior equalization for true plug-and-play LPO.

3 months ago - Business Wire

Semtech Pioneers the Path to 6G with Advanced 5G Wireless Technologies

CAMARILLO, Calif.--(BUSINESS WIRE)--The Tri-Edge™ GN2256, now in production, addresses 50Gbps PAM4 deployments suitable for 5G front haul deployments.

3 months ago - Business Wire

Semtech Announces Fourth Quarter of Fiscal Year 2024 Conference Call

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Fourth Quarter of Fiscal Year 2024 Conference Call.

3 months ago - Business Wire

Semtech Announces the Launch of the AirLink® XR60, the World's Smallest Rugged 5G Router

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and cloud connectivity service provider, today announces the AirLink® XR60 5G Rou...

4 months ago - Business Wire

Semtech Announces Third Quarter of Fiscal Year 2024 Results

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation today reported unaudited financial results for its third quarter of fiscal year 2024.

7 months ago - Business Wire

Semtech Adds Experienced Finance Leader to Board of Directors

CAMARILLO, Calif.--(BUSINESS WIRE)--Finance Executive Julie Garcia Ruehl Joins Semtech.

7 months ago - Business Wire

Semtech Announces Third Quarter of Fiscal Year 2024 Conference Call

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, announced plans to release the financial ...

7 months ago - Business Wire

Semtech Comments on Third Fiscal Quarter 2024 Outlook

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation today provided comments on its third fiscal quarter 2024 outlook.

9 months ago - Business Wire

Semtech Corporation Announces Pricing of Private Placement of $250 Million of New Convertible Senior Notes

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation today announced the pricing of $250 million in aggregate principal amount of its 4.00% convertible senior notes due 2028.

9 months ago - Business Wire

Semtech Corporation Announces Proposed Private Placement of $250 Million of Convertible Senior Notes

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech announced that, subject to market conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes.

9 months ago - Business Wire

Semtech Rolls Out Advanced Hybrid Cloud Capabilities for AirLink® Routers: Redefining Edge Network Management with Unparalleled Security and Control

CAMARILLO, Calif.--(BUSINESS WIRE)--Innovative new feature for AirLink routers merges the benefits of cloud technology with on-premise infrastructure for ultimate security and control.

9 months ago - Business Wire

Mark Lin Joins Semtech as Executive Vice President and Chief Financial Officer

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and cloud connectivity service provider, announced that Mark Lin joined the compa...

9 months ago - Business Wire