Semtech Corporation (SMTC)
NASDAQ: SMTC · IEX Real-Time Price · USD
35.77
+1.07 (3.08%)
At close: Apr 26, 2024, 4:00 PM
35.70
-0.07 (-0.20%)
After-hours: Apr 26, 2024, 7:37 PM EDT
Semtech Stock Forecast
Stock Price Forecast
The 10 analysts with 12-month price forecasts for Semtech stock have an average target of 39.85, with a low estimate of 30 and a high estimate of 50. The average target predicts an increase of 11.41% from the current stock price of 35.77.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Semtech stock from 12 stock analysts 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 '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 7 | 7 | 7 | 7 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 11 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $31 → $36 | Strong Buy | Maintains | $31 → $36 | +0.64% | Apr 18, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $30 → $37 | Buy | Maintains | $30 → $37 | +2.04% | Apr 1, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $30 → $36 | Strong Buy | Maintains | $30 → $36 | +0.64% | Apr 1, 2024 |
| Baird | Baird | Buy Maintains $40 → $50 | Buy | Maintains | $40 → $50 | +39.78% | Apr 1, 2024 |
| Stifel | Stifel | Strong Buy Maintains $26 → $31 | Strong Buy | Maintains | $26 → $31 | -13.34% | Apr 1, 2024 |
Financial Forecast
Revenue This Year
892.48M
from 868.76M
Increased by 2.73%
Revenue Next Year
1.05B
from 892.48M
Increased by 18.10%
EPS This Year
0.64
from -17.03
EPS Next Year
1.57
from 0.64
Increased by 146.20%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 954.5M | 1.3B |
| Avg | 892.5M | 1.1B |
| Low | 836.8M | 937.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 9.9% | 50.6% |
| Avg | 2.7% | 18.1% |
| Low | -3.7% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.21 | 2.63 |
| Avg | 0.64 | 1.57 |
| Low | 0.33 | 0.89 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 310.5% |
| Avg | - | 146.2% |
| Low | - | 39.4% |
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.