Semtech Corporation (SMTC)
NASDAQ: SMTC · Real-Time Price · USD
68.21
-0.33 (-0.48%)
Oct 21, 2025, 3:25 PM EDT - Market open
Semtech Stock Forecast
Stock Price Forecast
The 15 analysts that cover Semtech stock have a consensus rating of "Strong Buy" and an average price target of $62.87, which forecasts a -7.83% decrease in the stock price over the next year. The lowest target is $43 and the highest is $85.
Price Target: $62.87 (-7.83%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Semtech stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '25 | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 8 | 8 | 9 |
| Buy | 4 | 4 | 4 | 4 | 5 | 5 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 12 | 13 | 14 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Strong Buy Initiates $75 | Strong Buy | Initiates | $75 | +9.95% | Oct 1, 2025 |
| Oppenheimer | Oppenheimer | Hold → Buy Upgrades $81 | Hold → Buy | Upgrades | $81 | +18.75% | Sep 30, 2025 |
| Benchmark | Benchmark | Strong Buy Maintains $68 → $76 | Strong Buy | Maintains | $68 → $76 | +11.42% | Sep 9, 2025 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $55 → $62 | Strong Buy | Maintains | $55 → $62 | -9.10% | Aug 26, 2025 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $48 → $53 | Buy | Maintains | $48 → $53 | -22.30% | Aug 26, 2025 |
Financial Forecast
Revenue This Year
1.05B
from 909.29M
Increased by 15.91%
Revenue Next Year
1.16B
from 1.05B
Increased by 9.68%
EPS This Year
1.69
from -2.26
EPS Next Year
2.16
from 1.69
Increased by 28.19%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.1B | 1.3B | |
| Avg | 1.1B | 1.2B | |
| Low | 939.7M | 898.9M |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.4% | 22.6% | |
| Avg | 15.9% | 9.7% | |
| Low | 3.3% | -14.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.77 | 2.63 | |
| Avg | 1.69 | 2.16 | |
| Low | 1.58 | 1.90 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 55.6% | |
| Avg | - | 28.2% | |
| Low | - | 12.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.