Semtech Corporation (SMTC)
NASDAQ: SMTC · Real-Time Price · USD
43.92
-0.62 (-1.39%)
Nov 4, 2024, 4:00 PM EST - Market closed
Semtech Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Semtech stock have an average target of 52.6, with a low estimate of 46 and a high estimate of 61. The average target predicts an increase of 19.76% from the current stock price of 43.92.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Semtech stock from 11 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 6 |
| 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 | 12 | 12 | 12 | 12 | 12 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $56 | Strong Buy | Reiterates | $56 | +27.50% | Oct 10, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $56 | Strong Buy | Reiterates | $56 | +27.50% | Oct 7, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $56 | Strong Buy | Reiterates | $56 | +27.50% | Sep 9, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $50 | Strong Buy | Maintains | $50 | +13.84% | Aug 28, 2024 |
| Stifel | Stifel | Strong Buy Maintains $45 → $50 | Strong Buy | Maintains | $45 → $50 | +13.84% | Aug 28, 2024 |
Financial Forecast
Revenue This Year
914.37M
from 868.76M
Increased by 5.25%
Revenue Next Year
1.10B
from 914.37M
Increased by 20.74%
EPS This Year
0.70
from -17.03
EPS Next Year
1.69
from 0.70
Increased by 141.95%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 954.5M | 1.3B | 1.3B |
| Avg | 914.4M | 1.1B | 1.2B |
| Low | 859.2M | 995.1M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 9.9% | 44.3% | 19.0% |
| Avg | 5.3% | 20.7% | 11.4% |
| Low | -1.1% | 8.8% | 3.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.77 | 2.63 | 2.31 |
| Avg | 0.70 | 1.69 | 2.15 |
| Low | 0.58 | 1.20 | 1.89 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 276.4% | 36.9% |
| Avg | - | 142.0% | 27.2% |
| Low | - | 71.5% | 12.1% |
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.