Semtech Corporation (SMTC)
NASDAQ: SMTC · Real-Time Price · USD
37.33
+1.57 (4.39%)
At close: May 30, 2025, 4:00 PM
37.10
-0.23 (-0.62%)
After-hours: May 30, 2025, 5:25 PM EDT
Semtech Stock Forecast
Stock Price Forecast
According to 12 professional analysts, the 12-month price target for Semtech stock ranges from a low of $43 to a high of $85. The average analyst price target of $60.08 forecasts a 60.94% increase in the stock price over the next year.
Price Target: $60.08 (+60.94%)
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 | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $42 → $45 | Strong Buy | Maintains | $42 → $45 | +20.55% | May 28, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $40 → $43 | Hold | Maintains | $40 → $43 | +15.19% | May 28, 2025 |
| Benchmark | Benchmark | Strong Buy Reiterates $68 | Strong Buy | Reiterates | $68 | +82.16% | May 28, 2025 |
| Needham | Needham | Strong Buy Reiterates $54 | Strong Buy | Reiterates | $54 | +44.66% | May 28, 2025 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $30 → $40 | Hold | Maintains | $30 → $40 | +7.15% | May 27, 2025 |
Financial Forecast
Revenue This Year
1.06B
from 909.29M
Increased by 16.13%
Revenue Next Year
1.17B
from 1.06B
Increased by 10.98%
EPS This Year
1.70
from -2.26
EPS Next Year
2.25
from 1.70
Increased by 32.36%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.2B | 1.3B | 1.3B |
| Avg | 1.1B | 1.2B | 1.2B |
| Low | 859.4M | 899.3M | 1.1B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 28.2% | 25.7% | 11.8% |
| Avg | 16.1% | 11.0% | 4.4% |
| Low | -5.5% | -14.8% | -3.8% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.05 | 2.63 | 3.92 |
| Avg | 1.70 | 2.25 | 3.00 |
| Low | 1.50 | 1.82 | 2.11 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | - | 54.2% | 73.9% |
| Avg | - | 32.4% | 33.1% |
| Low | - | 7.1% | -6.5% |
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.