Semtech Corporation (SMTC)

NASDAQ: SMTC · IEX Real-Time Price · USD
21.84
-0.46 (-2.06%)
At close: Mar 4, 2024, 4:00 PM
21.51
-0.33 (-1.51%)
After-hours: Mar 4, 2024, 7:41 PM EST
-2.06%
Market Cap 1.43B
Revenue (ttm) 843.32M
Net Income (ttm) -500.68M
Shares Out 64.28M
EPS (ttm) -7.83
PE Ratio n/a
Forward PE 44.64
Dividend n/a
Ex-Dividend Date n/a
Volume 1,004,193
Open 22.69
Previous Close 22.30
Day's Range 21.70 - 22.70
52-Week Range 13.13 - 33.15
Beta 1.83
Analysts Strong Buy
Price Target 32.60 (+49.27%)
Earnings Date Mar 27, 2024

About SMTC

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products 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, a... [Read more]

Industry Semiconductors
Sector Technology
Founded 1960
Employees 2,248
Stock Exchange NASDAQ
Ticker Symbol SMTC
Full Company Profile

Financial Performance

In 2022, Semtech's revenue was $756.53 million, an increase of 2.12% compared to the previous year's $740.86 million. Earnings were $61.38 million, a decrease of -51.16%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for SMTC stock is "Strong Buy." The 12-month stock price forecast is $32.6, which is an increase of 49.27% from the latest price.

Price Target
$32.6
(49.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

12 days 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.

3 months ago - Business Wire

Semtech Adds Experienced Finance Leader to Board of Directors

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

3 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 ...

3 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.

4 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.

4 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.

4 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.

4 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...

5 months ago - Business Wire

Semtech and Broadcom Showcase 200G/lane Optical Transceiver at ECOC 2023

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech and Broadcom pave the way for successful deployment of next generation 51.2T and 102.4T switch platforms.

Other symbols: AVGO
5 months ago - Business Wire

Semtech and Coherent Demonstrate 200G per Lane Differential Driver with 200G DFB-MZ Laser at ECOC 2023

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech and Coherent's continued collaboration accelerates 200G per lane deployment with advanced optics.

5 months ago - Business Wire

Semtech to Demonstrate 100G/Lane Linear Pluggable Optical Links at ECOC 2023

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech FiberEdge® PMDs enable Linear Drive architecture interoperating with latest switch ASIC technology.

5 months ago - Business Wire

Semtech Appointed to Mobile Optical Pluggables Alliance Board of Directors

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech joins Mobile Optical Pluggables Alliance (MOPA) Board of Directors to help drive next-gen 5G wireless requirements and optical solutions.

5 months ago - Business Wire

Rochester Electronics to Offer Semtech's Active and End-of-Life Mixed Signal Solutions

NEWBURYPORT, Mass.--(BUSINESS WIRE)--Rochester Electronics and Semtech Corporation have collaborated to provide customers with a broad range of mixed-signal solutions.

6 months ago - Business Wire

Semtech stock falls as loss forecast, while Street was expecting a profit

Semtech Corp. shares fell Wednesday after the analog and mixed-signal chip maker forecast a loss for the current quarter while Wall Street expected a profit.

6 months ago - Market Watch

Semtech Announces Second Quarter of Fiscal Year 2024 Results

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, today reported unaudited financial result...

6 months ago - Business Wire

Semtech announces new CFO, and loses an analyst

Semtech Corp. welcomed a new chief financial officer into the fold Friday, but lost a stock analyst's coverage a few hours later, as the analog and mixed-signal chip maker prepares for a delayed earni...

6 months ago - Market Watch

Semtech announces Mark Lin as incoming CFO

Semtech Corp. SMTC, -1.82% said late Friday its board appointed Mark Lin as the company's new chief financial officer to succeed Emeka Chukwu. The analog and mixed-signal chip maker said Lin's appoint...

6 months ago - Market Watch

Semtech Appoints Mark Lin 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 today that its board of direct...

6 months ago - Business Wire

Semtech Reschedules Second Quarter of Fiscal Year 2024 Conference Call to September 13, 2023

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

6 months ago - Business Wire

Semtech Files Form 12b-25 and Will Reschedule Its Second Quarter of Fiscal Year 2024 Earnings Release and Conference Call

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems, and cloud connectivity service provider, announced today that it has filed a Noti...

6 months ago - Business Wire

Semtech Announces Production Availability of Best-in-Class FiberEdge® Linear Transimpedance Amplifier and Laser Driver for Short Reach 400G and 800G Data Center Applications

CAMARILLO, Calif.--(BUSINESS WIRE)--Highly linear short reach amplifier and laser driver enables high performance and low-cost optical transceivers for multi-mode fiber applications.

6 months ago - Business Wire

Semtech Announces Second 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 ...

6 months ago - Business Wire

Semtech and Kairos Implement Leak Detection Systems to Preserve Historic Ghirardelli Square Building

CAMARILLO, Calif.--(BUSINESS WIRE)--LoRa®-based sensors and gateways protect San Francisco's iconic Ghirardelli Square with real-time monitoring for leak detection.

7 months ago - Business Wire

Semtech Collaborates with UnaBiz to integrate Sigfox 0G Technology on Market-Leading LoRa® Platforms

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a high-performance semiconductor, IoT systems and cloud connectivity service provider, today announced it is collaborating with ...

7 months ago - Business Wire