Semtech Corporation (SMTC)
| Market Cap | 13.27B +119.2% |
| Revenue (ttm) | 1.17B +17.8% |
| Net Income | 154.03M +546.1% |
| EPS | 1.63 +463.8% |
| Shares Out | 93.33M |
| PE Ratio | 87.51 |
| Forward PE | 26.30 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 3,739,980 |
| Open | 144.62 |
| Previous Close | 136.73 |
| Day's Range | 139.95 - 146.54 |
| 52-Week Range | 60.28 - 201.99 |
| Beta | 2.41 |
| Analysts | Strong Buy |
| Price Target | 217.07 (+52.63%) |
| Est. Earnings | Nov 23, 2026 |
About SMTC
Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe. The company operates in three segments: Signal Integrity, Analog Mixed Signal and Wireless, and IoT Systems and Connectivity. It provides signal integrity products, including a portfolio of optical and copper data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise netwo... [Read more]
Financial Performance
In fiscal year 2026, Semtech's revenue was $1.05 billion, an increase of 15.47% compared to the previous year's $909.29 million. Losses were -$40.38 million, -75.06% less than in 2025.
Financial StatementsAnalyst Summary
According to 16 analysts, the average rating for SMTC stock is "Strong Buy." The 12-month stock price target is $217.07, which is an increase of 52.63% from the latest price.
News
Semtech Stock Rebounds as Wall Street Turns Focus to Near-Term Earnings Targets
Semtech says it expects data-center revenue to more than double in the upcoming fiscal years.
Semtech price target raised to $205 from $195 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Semtech (SMTC) to $205 from $195 and keeps an Equal Weight rating on the shares. After management raised its fiscal Q3 outlook…
Semtech price target lowered to $200 from $220 at Stifel
Stifel analyst Tore Svanberg lowered the firm’s price target on Semtech (SMTC) to $200 from $220 and keeps a Buy rating on the shares. Semtech raises its Q3 guidance to…
Northland reverses last week’s move, upgrades Semtech back to Outperform
As previously reported, Northland upgraded Semtech (SMTC) to Outperform from Market Perform with an $186 price target Noting that the firm had downgraded Semtech last week, citing valuation as the…
Semtech upgraded to Outperform from Market Perform at Northland
Northland upgraded Semtech (SMTC) to Outperform from Market Perform with an $186 price target
Semtech raises Q3 EPS view to $1.12-$1.16 from $1.02-$1.08, consensus $1.06
Raises Q3 revenue view to $415M-$420M from $405M-$415M, consensus $410.7M. As previously announced, on October 15, 2026, Semtech (SMTC) Corporation held a Data Center Analyst Day and live webcast in…
Semtech up 4% at $149.50 after Q3 pre-announcement
17:30 EDT Semtech (SMTC) up 4% at $149.50 after Q3 pre-announcement
Semtech sees FY26-FY30 EPS CAGR 64%-66%
Sees FY30 sales reaching $3.2B, with FY26-FY30 net sales CAGR of 38%.
Semtech shares down 11% to $142.82 as company speaks at Analyst Day
13:11 EDT Semtech (SMTC) shares down 11% to $142.82 as company speaks at Analyst Day
Semtech sees over 50% top-line growth from 3Q26 to 3Q27
13:05 EDT Semtech (SMTC) sees over 50% top-line growth from 3Q26 to 3Q27
Semtech sees FY30 revenue $3.2B, driven by data center, LoRa
This translates into consolidated growth rate of 38% compound.
Semtech sees data center about two-thirds of total revenue in FY30 forecast
13:09 EDT Semtech (SMTC) sees data center about two-thirds of total revenue in FY30 forecast
Semtech: Rise in AI has fueled massive growth in data center demand
Says overall data center capex expected to exceed $1T in the years ahead, driving “massive” increase in power consumption. Says partnering closely with hyperscalers and ecosystem leaders globally to d...
Semtech Transcript: Analyst Day 2026
Raised Q3 FY 2027 outlook and set FY 2030 targets of $3.2B revenue, 70% adjusted gross margin and 35% free cash flow as a share of revenue. Growth is led by data center and LoRa, backed by balance-sheet repair and targeted investment.
Semtech Press release: FY 2026
Semtech issued a press release on October 15, 2026, disclosing material business information to investors.
Semtech Slides: FY 2026
Semtech has posted slides in relation to its FY 2026 quarterly earnings report, which was published on October 15, 2026.
Semtech to host Analyst Day, outlines data center growth strategy
Semtech (SMTC) will host an Analyst Day today, during which management will detail the company’s strategy to capture a growing opportunity in AI data center connectivity and provide a financial…
Semtech Outlines Data Center Growth Strategy at Analyst Day
SAN JOSE, Calif.--(BUSINESS WIRE)--Semtech Outlines Data Center Growth Strategy at Analyst Day.
Did Semtech Corporation Insiders Breach their Fiduciary Duties to Shareholders?
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible...
Semtech price target raised to $230 from $155 at BMO Capital
BMO Capital analyst Harsh Kumar raised the firm’s price target on Semtech (SMTC) to $230 from $155 and keeps an Outperform rating on the shares. Heading into the company’s analyst…
Tower Semiconductor, Semtech expand SiGe partnership
Tower Semiconductor (TSEM) and Semtech (SMTC) announced an expanded multi-year agreement that builds on the companies’ 20-year partnership. Under the agreement, Semtech will invest in securing dedicat...
Tower Semiconductor, Semtech announce expanded multi-year agreement
Tower Semiconductor (TSEM) and Semtech (SMTC) announced an expanded multi-year agreement that builds on the companies’ 20-year partnership. Under the agreement, Semtech will invest in securing dedicat...
Tower Semiconductor and Semtech Expand SiGe Partnership to Scale Power-Efficient Analog Connectivity for Data Centers
MIGDAL HAEMEK, Israel & CAMARILLO, Calif.--(BUSINESS WIRE)--Tower Semiconductor and Semtech Expand SiGe Partnership to Scale Power-Efficient Analog Connectivity for Data Centers.
Semtech Corporation to Host Data Center Analyst Day on October 15, 2026
CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation to Host Data Center Analyst Day on October 15, 2026.
These stocks are the ‘four horsemen of AI' — and they're not the ones you'd think
Looking beyond the artificial-intelligence stocks that have become almost household names for investors, there are other ways to play the boom in computing hardware.