Semtech Stock Forecast

Stock Price Forecast

According to 14 analysts polled by S&P Global, Semtech stock has a consensus rating of "Strong Buy" and an average price target of $205.25. The average 1-year stock price forecast is 58.91% higher than the current stock price, while the lowest is $175 (+35.49%) and the highest is $230 (+78.07%).

Price Target: $205.25 (+58.91%)

Analyst Consensus: Strong Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$175	$205.25	$202.5	$230
Change	+35.49%	+58.91%	+56.78%	+78.07%

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

Chart

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	12	12	12	11	11	11
Buy	2	1	1	1	1	1
Hold	1	1	1	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	14	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Quinn Bolton Needham	Needham	Buy Reiterates $200	Buy	Reiterates	$200	+54.85%	Jul 13, 2026
Sean O'Loughlin TD Cowen	TD Cowen	Buy Reiterates $210 → $215	Buy	Reiterates	$210 → $215	+66.46%	Jun 22, 2026
Rick Schafer Oppenheimer	Oppenheimer	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 12, 2026
Cody Acree Benchmark Co.	Benchmark Co.	Buy Maintains $120 → $230	Buy	Maintains	$120 → $230	+78.07%	May 27, 2026
Anthony Stoss Craig-Hallum	Craig-Hallum	Buy Reiterates $105 → $205	Buy	Reiterates	$105 → $205	+58.72%	May 27, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.37B

from 1.05B

30.16%

from 1.05B

Revenue Next Year

1.71B

from 1.37B

25.10%

from 1.37B

EPS This Year

2.66

from 1.71

55.51%

from 1.71

EPS Next Year

3.92

from 2.66

47.48%

from 2.66

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Jan 26, 2025	Jan 25, 2026	Jan 31, 2027
Revenue	740.86M	756.53M	868.76M	909.29M	1.05B	1.37B
Revenue Growth	24.49%	2.12%	14.83%	4.67%	15.47%	30.16%
Gross Profit	466.08M	485.44M	425.93M	465.63M	551.34M	740.04M
Gross Margin	62.91%	64.17%	49.03%	51.21%	52.51%	54.15%
Operating Income	145.00M	160.94M	-29.37M	62.37M	123.31M	297.69M
Net Income	125.66M	61.38M	-1.09B	-161.90M	-40.38M	152.13M
EPS	-	-	-	-	1.71	2.66
EPS Growth	-	-	-	-	94.32%	55.51%
Forward PE	22.40	16.13	69.92	46.27	40.53	48.57
Free Cash Flow	151.11M	155.58M	-26.24M	98.32M	146.61M	250.70M
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	1.4B
Avg	1.4B
Low	1.3B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	36.9%
Avg	30.2%
Low	24.7%

EPS Forecast

Chart

EPS	2027	2028	2029
High	2.85
Avg	2.66
Low	2.45

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	66.7%
Avg	55.5%
Low	43.3%