Semtech Corporation (SMTC)
NASDAQ: SMTC · Real-Time Price · USD
194.88
+8.29 (4.44%)
At close: Oct 2, 2026, 4:00 PM EDT
195.00
+0.12 (0.06%)
After-hours: Oct 2, 2026, 7:59 PM EDT

Semtech Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Semtech stock has a consensus rating of "Strong Buy" and an average price target of $208.67. The average 1-year stock price forecast is 7.08% higher than the current stock price, while the lowest is $155 (-20.46%) and the highest is $300 (+53.94%).

Price Target: $208.67 (+7.08%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$155$208.67$200$300
Change-20.46%+7.08%+2.63%+53.94%

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
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy121111111314
Buy111111
Hold122211
Sell000000
Strong Sell000000
Total141414141516

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Oppenheimer
Oppenheimer
Buy
Maintains
$200 → $225
BuyMaintains$200 → $225+15.46%Oct 1, 2026
Seaport Global
Seaport Global
Buy
Initiates
$200
BuyInitiates$200+2.63%Sep 22, 2026
Morgan Stanley
Morgan Stanley
Hold
Reiterates
$195
HoldReiterates$195+0.06%Sep 18, 2026
Unknown Analyst
StoneX
No rating
StoneX
Buy
Reiterates
$230
BuyReiterates$230+18.02%Sep 14, 2026
BMO Capital
BMO Capital
Buy
Reiterates
$155
BuyReiterates$155-20.46%Sep 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.49B
from 1.05B
Increased by 41.57%
Revenue Next Year
1.93B
from 1.49B
Increased by 29.63%
EPS This Year
3.48
from 1.71
Increased by 103.36%
EPS Next Year
5.86
from 3.48
Increased by 68.43%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 30, 2022Jan 29, 2023Jan 28, 2024Jan 26, 2025Jan 25, 2026Jan 31, 2027
Revenue
740.86M756.53M868.76M909.29M1.05B1.49B
Revenue Growth
24.49%2.12%14.83%4.67%15.47%41.57%
Gross Profit
466.08M485.44M425.93M465.63M551.34M839.88M
Gross Margin
62.91%64.17%49.03%51.21%52.51%56.50%
Operating Income
145.00M160.94M-29.37M62.37M123.31M407.91M
Net Income
125.66M61.38M-1.09B-161.90M-40.38M360.72M
EPS
----1.713.48
EPS Growth
----94.32%103.36%
Forward PE
22.4016.1369.9246.2740.5356.04
Free Cash Flow
----171.40M180.84M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High1.5B
Avg1.5B
Low1.4B

Revenue Growth

Revenue Growth202720282029
High
46.5%
Avg
41.6%
Low
36.0%

EPS Forecast

EPS202720282029
High3.69
Avg3.48
Low3.37

EPS Growth

EPS Growth202720282029
High
115.8%
Avg
103.4%
Low
97.1%