Semtech Corporation (SMTC)
NASDAQ: SMTC · IEX Real-Time Price · USD
31.66
-0.80 (-2.46%)
At close: Jul 19, 2024, 4:00 PM
31.76
+0.10 (0.32%)
Pre-market: Jul 22, 2024, 5:41 AM EDT
Semtech Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Semtech stock have an average target of 48.9, with a low estimate of 30 and a high estimate of 60. The average target predicts an increase of 54.45% from the current stock price of 31.66.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Semtech stock from 12 stock analysts 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +57.93% | Jul 15, 2024 |
| Needham | Needham | Strong Buy Reiterates $50 | Strong Buy | Reiterates | $50 | +57.93% | Jun 7, 2024 |
| Stifel | Stifel | Strong Buy Maintains $43 → $50 | Strong Buy | Maintains | $43 → $50 | +57.93% | Jun 6, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $37 → $46 | Buy | Maintains | $37 → $46 | +45.29% | Jun 6, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $36 → $48 | Strong Buy | Maintains | $36 → $48 | +51.61% | Jun 6, 2024 |
Financial Forecast
Revenue This Year
903.50M
from 868.76M
Increased by 4.00%
Revenue Next Year
1.09B
from 903.50M
Increased by 20.31%
EPS This Year
0.67
from -17.03
EPS Next Year
1.67
from 0.67
Increased by 147.48%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 973.1M | 1.4B |
| Avg | 903.5M | 1.1B |
| Low | 854.7M | 977.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 12.0% | 50.7% |
| Avg | 4.0% | 20.3% |
| Low | -1.6% | 8.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.21 | 2.63 |
| Avg | 0.67 | 1.67 |
| Low | 0.52 | 1.20 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 289.0% |
| Avg | - | 147.5% |
| Low | - | 77.2% |
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.