Semtech Corporation (SMTC)

Semtech Stock Forecast

Stock Price Forecast

The 15 analysts that cover Semtech stock have a consensus rating of "Strong Buy" and an average price target of $90.8, which forecasts a 10.15% increase in the stock price over the next year. The lowest target is $53 and the highest is $115.

Price Target: $90.8 (+10.15%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$53	$90.8	$95	$115
Change	-35.71%	+10.15%	+15.24%	+39.50%

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

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	9	9	9	9	9	9
Buy	5	5	5	5	5	5
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	15	15	15	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rick Schafer Oppenheimer	Oppenheimer	Buy Maintains $100 → $110	Buy	Maintains	$100 → $110	+33.44%	Mar 17, 2026
Anthony Stoss Craig-Hallum	Craig-Hallum	Strong Buy Maintains $80 → $105	Strong Buy	Maintains	$80 → $105	+27.37%	Mar 17, 2026
Tore Svanberg Stifel	Stifel	Strong Buy Maintains $90 → $98	Strong Buy	Maintains	$90 → $98	+18.88%	Mar 17, 2026
Craig Ellis Baird	Baird	Buy Maintains $88 → $110	Buy	Maintains	$88 → $110	+33.44%	Mar 17, 2026
Joseph Moore Morgan Stanley	Morgan Stanley	Hold Maintains $85 → $89	Hold	Maintains	$85 → $89	+7.96%	Mar 17, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.25B

Increased by 19.24%

from 1.05B

Revenue Next Year

1.41B

Increased by 12.86%

from 1.25B

EPS This Year

2.22

from -0.46

EPS Next Year

2.94

Increased by 32.77%

from 2.22

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 30, 2022	Jan 29, 2023	Jan 28, 2024	Jan 26, 2025	Jan 25, 2026	Jan 25, 2027	Jan 25, 2028
Revenue	740.86M	756.53M	868.76M	909.29M	1.05B	1.25B	1.41B
Revenue Growth	24.49%	2.12%	14.83%	4.67%	15.47%	19.24%	12.86%
EPS	1.92	0.96	-17.03	-2.26	-0.46	2.22	2.94
EPS Growth	110.99%	-50.00%	-	-	-	-	32.77%
Forward PE	-	-	-	-	-	37.17	27.99
No. Analysts	-	-	-	-	-	17	13

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

Revenue Forecast

Revenue	2027	2028	2029
High	1.4B	1.7B
Avg	1.3B	1.4B
Low	1.2B	1.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	35.2%	38.5%
Avg	19.2%	12.9%
Low	10.8%	4.2%

EPS Forecast

EPS	2027	2028
High	2.63	3.71
Avg	2.22	2.94
Low	1.86	2.50

EPS Growth

EPS Growth	2027	2028
High	-	67.1%
Avg	-	32.8%
Low	-	12.7%

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.