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 $93.2, which forecasts a -12.56% decrease in the stock price over the next year. The lowest target is $53 and the highest is $122.

Price Target: $93.2 (-12.56%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$53	$93.2	$98	$122
Change	-50.28%	-12.56%	-8.06%	+14.46%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '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
Craig Kennison B. Riley Securities	B. Riley Securities	Strong Buy Maintains $115 → $122	Strong Buy	Maintains	$115 → $122	+14.46%	Apr 16, 2026
Cody Acree Benchmark	Benchmark	Strong Buy Maintains $115 → $120	Strong Buy	Maintains	$115 → $120	+12.58%	Apr 14, 2026
Rick Schafer Oppenheimer	Oppenheimer	Buy Maintains $100 → $110	Buy	Maintains	$100 → $110	+3.20%	Mar 17, 2026
Anthony Stoss Craig-Hallum	Craig-Hallum	Strong Buy Maintains $80 → $105	Strong Buy	Maintains	$80 → $105	-1.49%	Mar 17, 2026
Tore Svanberg Stifel	Stifel	Strong Buy Maintains $90 → $98	Strong Buy	Maintains	$90 → $98	-8.06%	Mar 17, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.26B

Increased by 20.10%

from 1.05B

Revenue Next Year

1.43B

Increased by 13.01%

from 1.26B

EPS This Year

2.25

from -0.46

EPS Next Year

2.96

Increased by 31.82%

from 2.25

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	1.26B	1.43B
Revenue Growth	24.49%	2.12%	14.83%	4.67%	15.47%	20.10%	13.01%
EPS	1.92	0.96	-17.03	-2.26	-0.46	2.25	2.96
EPS Growth	110.99%	-50.00%	-	-	-	-	31.82%
Forward PE	-	-	-	-	-	47.42	35.97
No. Analysts	-	-	-	-	-	17	16

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%	37.5%
Avg	20.1%	13.0%
Low	12.0%	3.7%

EPS Forecast

EPS	2027	2028	2029
High	2.63	3.73
Avg	2.25	2.96
Low	2.06	2.50

EPS Growth

EPS Growth	2027	2028	2029
High	-	65.8%
Avg	-	31.8%
Low	-	11.2%

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.