Semtech Corporation (SMTC)

Semtech Stock Forecast

Stock Price Forecast

The 10 analysts with 12-month price forecasts for Semtech stock have an average target of 68.7, with a low estimate of 50 and a high estimate of 85. The average target predicts an increase of 8.10% from the current stock price of 63.55.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$50	$68.7	$70	$85
Change	-21.32%	+8.10%	+10.15%	+33.75%

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	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	7	7	7	6	6	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	11	11	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Quinn Bolton Needham	Needham	Strong Buy Maintains $70 → $74	Strong Buy	Maintains	$70 → $74	+16.44%	Dec 12, 2024
Gus Richard Northland Capital Markets	Northland Capital Markets	Buy Maintains $60 → $66	Buy	Maintains	$60 → $66	+3.86%	Dec 10, 2024
Craig Kennison B. Riley Securities	B. Riley Securities	Strong Buy Maintains $61 → $85	Strong Buy	Maintains	$61 → $85	+33.75%	Nov 26, 2024
Cody Acree Benchmark	Benchmark	Strong Buy Maintains $56 → $82	Strong Buy	Maintains	$56 → $82	+29.03%	Nov 26, 2024
Anthony Stoss Craig-Hallum	Craig-Hallum	Strong Buy Maintains $48 → $70	Strong Buy	Maintains	$48 → $70	+10.15%	Nov 26, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

926.61M

Increased by 6.66%

from 868.76M

Revenue Next Year

1.13B

Increased by 22.27%

from 926.61M

EPS This Year

0.79

from -17.03

EPS Next Year

1.85

Increased by 134.74%

from 0.79

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 26, 2020	Jan 31, 2021	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Jan 28, 2025	Jan 28, 2026	Jan 28, 2027
Revenue	547.51M	595.12M	740.86M	756.53M	868.76M	926.61M	1.13B	1.31B
Revenue Growth	-12.70%	8.69%	24.49%	2.12%	14.83%	6.66%	22.27%	15.45%
EPS	0.47	0.91	1.92	0.96	-17.03	0.79	1.85	2.61
EPS Growth	-53.92%	93.62%	110.99%	-50.00%	-	-	134.74%	40.72%
Forward PE	-	-	-	-	-	80.44	34.27	24.35
No. Analysts	-	-	-	-	-	14	13	9

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	956.6M	1.3B	1.7B
Avg	926.6M	1.1B	1.3B
Low	889.4M	1.1B	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.1%	42.9%	47.6%
Avg	6.7%	22.3%	15.4%
Low	2.4%	13.7%	1.1%

EPS Forecast

EPS	2025	2026	2027
High	0.87	2.63	4.20
Avg	0.79	1.85	2.61
Low	0.74	1.49	1.89

EPS Growth

EPS Growth	2025	2026	2027
High	-	232.3%	126.5%
Avg	-	134.7%	40.7%
Low	-	88.5%	2.0%

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.