Can Strong Momentum in LoRa Boost Semtech's Long-Term Growth?
SMTC's LoRa business hits record sales as smart home, security and industrial adoption expands, while Amazon Sidewalk offers further growth opportunities.
SMTC - Semtech Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$216.82
DETAILS
HIGH:
$300.00
LOW:
$186.00
MEDIAN:
$210.00
CONSENSUS:
$216.82
UPSIDE:
62.57%
Stock News
Semtech: The Market May Have Misread Its Growth Slowdown
Semtech raised FY27 revenue and EPS guidance and introduced a FY30 model, but shares dropped due to skepticism over long-term growth assumptions. FY27–28 growth is supported by backlog and customer engagements, while FY29–30 relies on broader market assumptions, making later projections more conservative. SMTC is shifting toward higher-margin data-center and LoRa products, divesting lower-margin cellular, and targeting a 70% gross margin by FY30.
Semtech: High Valuation Conceals A Profit Explosion
Semtech is experiencing rapid growth driven by AI data center investments, with Q2 FY2027 data center revenue up 91%. SMTC's expanded photonics portfolio and LoRa technology provide additional growth engines, supporting ambitious revenue and margin targets through FY2030. At $137, SMTC trades at 38x FY2027 earnings but only 21x FY2028 if targets are met, making the valuation attractive given growth prospects.
Semtech Corporation $SMTC Stock: State of Alaska Department of Revenue Trims Holdings
State of Alaska Department of Revenue trimmed its holdings in Semtech Corporation (NASDAQ: SMTC) by 33.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,824 shares of the semiconductor company's stock after selling 4,442 shares during the quarter. State
Wall Street's No. 1 analyst reveals the best stocks to buy before November
Timothy Arcuri from UBS, perhaps the most accurate analyst on Wall Street, has issued multiple rating revisions since October began, with a handful of reconsidered equities standing out for the sheer size of the forecasted upside.
Semtech Corporation $SMTC Stock Purchased by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. grew its stake in shares of Semtech Corporation (NASDAQ: SMTC) by 56.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 546,422 shares of the semiconductor company's stock after purchasing an additional 196,734 shares during the quarter.
Semtech (SMTC) Upgrades Q3 Outlook Amidst Strong Growth Projections
Semtech (SMTC) shares are trading lower despite an improved Q3 outlook that surpasses FactSet consensus estimates. The company is also projecting stronger near-
Semtech eyes data center revenue surge as AI infrastructure spending grows
Semtech, the semiconductor company, is targeting more than doubling its data center revenue in financial 2028 and 2029, as Baird reaffirmed its 'outperform' rating and $300 price target. Baird said record bookings and strong visibility over the next 2 years supported the growth outlook, with Semtech positioned to benefit from rising demand for copper, fiber and optical connectivity.
This Semtech Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.
Semtech Stock Rebounds as Wall Street Turns Focus to Near-Term Earnings Targets
Semtech says it expects data-center revenue to more than double in the upcoming fiscal years.
Here Are Friday’s Top Wall Street Analyst Research Calls: Barrick Mining, Brinker International, Constellation Energy, Equifax, Fox Corporation, JPMorgan Chase, Klaviyo, Toll Brothers, Workday, and More
Bonds staged one of their biggest single-day rallies in years while crypto suffered a brutal $1 billion liquidation wave, and Wall Street analysts responded with a fresh round of double upgrades and surprise downgrades across banking, broadcasting, and beyond.
Semtech Corporation (SMTC) Analyst/Investor Day Transcript
Semtech Corporation (SMTC) Analyst/Investor Day Transcript
Semtech Lifts Q3 Outlook, Maps $3.2B FY2030 Path on AI Data Center Growth
Semtech NASDAQ: SMTC raised its fiscal third-quarter 2027 outlook and outlined long-term financial targets through fiscal 2030, citing growth in data center connectivity and LoRa products, higher-margin portfolio mix and a substantially improved balance sheet.
Semtech Outlines Data Center Growth Strategy at Analyst Day
SAN JOSE, Calif.--(BUSINESS WIRE)--Semtech Outlines Data Center Growth Strategy at Analyst Day.
Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM)
Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Taiwan Semiconductor Manufacturing stock on September 22nd. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF
Did Semtech Corporation Insiders Breach their Fiduciary Duties to Shareholders?
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
Can Semtech's 1.6T Ramp Accelerate its Data Center Growth?
SMTC's 1.6T product ramp fuels AI data-center growth, with record revenues, rising optical connectivity share and strong customer demand supporting its outlook.
Tower Semiconductor and Semtech Expand SiGe Partnership to Scale Power-Efficient Analog Connectivity for Data Centers
Tower Semiconductor and Semtech expand a multi-year SiGe partnership, securing global capacity to support growing AI optical and data center connectivity
Stock Market Today, Oct. 12: Dow Gains as Memory Stocks Weigh on Nasdaq
On Oct. 12, 2026, investors brace for bank earnings while semiconductor weakness pressures the broader market.
4 Top-Performing Liquid Stocks to Enhance Portfolio Returns
CMRC, MSGM, SMTC and TLS make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.
Price Targets
StoneX Reiterates Buy Rating on Semtech Corp. (SMTC)
$230.00
(was $139.89)
D.A. Davidson
Semtech price target lowered to $200 from $220 at Stifel
$200.00
(was $144.21)
Tore Svanberg
·
Stifel Nicolaus
Semtech upgraded to Outperform from Market Perform at Northland
$186.00
(was $144.21)
Northland Securities
Semtech Corp. (SMTC) PT Raised to $205 at Morgan Stanley
$205.00
(was $144.21)
Joseph Moore
·
Morgan Stanley
Semtech price target raised to $230 from $155 at BMO Capital
$230.00
(was $177.30)
Harsh Kumar
·
BMO Capital
B.Riley Reiterates Buy Rating on Semtech Corp. (SMTC)
$210.00
(was $193.78)
Craig Ellis
·
B.Riley Financial
Semtech price target raised to $220 from $188 at Stifel
$220.00
(was $194.88)
Tore Svanberg
·
Stifel Nicolaus
Semtech initiated with a Buy at Seaport Research
$200.00
(was $174.33)
Seaport Global
Semtech price target raised to $300 from $225 at Baird
$300.00
(was $140.80)
Robert W. Baird
Semtech upgraded to Outperform from Market Perform at Northland
$182.00
(was $140.80)
Gus Richard
·
Northland Securities
Semtech price target raised to $195 from $175 at Morgan Stanley
$195.00
(was $140.88)
Morgan Stanley
Semtech price target raised to $220 from $190 at Roth Capital
$220.00
(was $142.62)
Roth Capital
Semtech price target raised to $230 from $225 at UBS
$230.00
(was $127.52)
UBS
Semtech initiated with an Outperform at BMO Capital
$155.00
(was $124.88)
BMO Capital
Benchmark Reiterates Buy Rating on Semtech Corp. (SMTC) Ahead of Q2 Results
$230.00
(was $126.59)
New Street
Semtech price target raised to $215 from $210 at TD Cowen
$215.00
(was $168.25)
Cowen & Co.
Semtech price target raised to $205 from $105 at Craig-Hallum
$205.00
(was $159.28)
Anthony Stoss
·
Craig-Hallum
Semtech price target raised to $175 from $155 at Morgan Stanley
$175.00
(was $164.46)
Morgan Stanley
Semtech price target raised to $190 from $102 at Roth Capital
$190.00
(was $164.46)
Scott Searle
·
Roth Capital
Semtech price target raised to $200 from $150 at Oppenheimer
$200.00
(was $164.46)
Oppenheimer