Semtech Corporation (SMTC)
NASDAQ: SMTC · Real-Time Price · USD
163.28
-11.45 (-6.55%)
At close: Jun 23, 2026, 4:00 PM EDT
162.50
-0.78 (-0.48%)
After-hours: Jun 23, 2026, 7:58 PM EDT
Semtech Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, Semtech stock has a consensus rating of "Strong Buy" and an average price target of $205.25. The average 1-year stock price forecast is 25.70% higher than the current stock price, while the lowest is $175 (+7.18%) and the highest is $230 (+40.86%).
Price Target: $205.25 (+25.70%)
Analyst Consensus: Strong Buy
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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 12 | 12 | 12 | 12 | 11 | 11 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Reiterates $210 → $215 | Buy | Reiterates | $210 → $215 | +31.68% | Jun 22, 2026 |
| Oppenheimer | Oppenheimer | Buy Maintains n/a | Buy | Maintains | n/a | n/a | Jun 12, 2026 |
| Benchmark Co. | Benchmark Co. | Buy Maintains $120 → $230 | Buy | Maintains | $120 → $230 | +40.86% | May 27, 2026 |
| Craig-Hallum | Craig-Hallum | Buy Reiterates $105 → $205 | Buy | Reiterates | $105 → $205 | +25.55% | May 27, 2026 |
| B. Riley Securities | B. Riley Securities | Buy Maintains $165 → $210 | Buy | Maintains | $165 → $210 | +28.61% | May 27, 2026 |
Financial Forecast
Revenue This Year
1.37B
from 1.05B
Increased by 30.11%
Revenue Next Year
1.70B
from 1.37B
Increased by 24.61%
EPS This Year
2.66
from 1.71
Increased by 55.42%
EPS Next Year
3.89
from 2.66
Increased by 46.20%
EPS and Forward PE are based on non-GAAP adjusted numbers.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 1.4B | ||
| Avg | 1.4B | ||
| Low | 1.3B |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 36.9% | ||
| Avg | 30.1% | ||
| Low | 24.7% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 2.66 | ||
| Low | - |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | - | ||
| Avg | 55.4% | ||
| Low | - |