Semtech Corporation (SMTC)
NASDAQ: SMTC · Real-Time Price · USD
132.00
+6.88 (5.50%)
At close: Oct 23, 2026, 4:00 PM EDT
131.53
-0.47 (-0.35%)
After-hours: Oct 23, 2026, 7:57 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 $217.07. The average 1-year stock price forecast is 64.45% higher than the current stock price, while the lowest is $186 (+40.91%) and the highest is $300 (+127.27%).

Price Target: $217.07 (+64.45%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$186$217.07$210$300
Change+40.91%+64.45%+59.09%+127.27%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy111111131414
Buy111111
Hold222111
Sell000000
Strong Sell000000
Total141414151616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Robert W. Baird
Robert W. Baird
Buy
Reiterates
$300
BuyReiterates$300+127.27%Oct 19, 2026
Roth MKM
Roth MKM
Buy
Maintains
$220
BuyMaintains$220+66.67%Oct 16, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$215
BuyReiterates$215+62.88%Oct 16, 2026
Oppenheimer
Oppenheimer
Buy
Reiterates
$225
BuyReiterates$225+70.45%Oct 16, 2026
Susquehanna
Susquehanna
Buy
Reiterates
$200
BuyReiterates$200+51.52%Oct 16, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.50B
from 1.05B
Increased by 43.23%
Revenue Next Year
2.04B
from 1.50B
Increased by 35.87%
EPS This Year
3.65
from 1.71
Increased by 113.52%
EPS Next Year
6.67
from 3.65
Increased by 82.78%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingJan 30, 2022Jan 29, 2023Jan 28, 2024Jan 26, 2025Jan 25, 2026Jan 31, 2027
Revenue
740.86M756.53M868.76M909.29M1.05B1.50B
Revenue Growth
24.49%2.12%14.83%4.67%15.47%43.23%
Gross Profit
466.08M485.44M425.93M465.63M551.34M857.47M
Gross Margin
62.91%64.17%49.03%51.21%52.51%57.02%
Operating Income
145.00M160.94M-29.37M62.37M123.31M430.44M
Net Income
125.66M61.38M-1.09B-161.90M-40.38M375.63M
EPS
----1.713.65
EPS Growth
----94.32%113.52%
Forward PE
22.4016.1369.9246.2740.5336.15
Free Cash Flow
----171.40M197.35M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202720282029
High1.6B
Avg1.5B
Low1.5B

Revenue Growth

Revenue Growth202720282029
High
49.4%
Avg
43.2%
Low
41.0%

EPS Forecast

EPS202720282029
High4.03
Avg3.65
Low3.51

EPS Growth

EPS Growth202720282029
High
135.7%
Avg
113.5%
Low
105.3%