Semtech (NASDAQ:SMTC) Bolsa

SEMTECH CORP

Semtech

Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems and IoT Connected Services. The majority of the company's revenue is earned through Analog Mixed Signal and Wireless segment. Geographically majority of the company's revenue is earned from Asia Pacific region, company also operates in North America and Europe.

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Semtech sorprendió al mercado con ingresos y ganancias superiores a lo esperado. Inversores reaccionan ante este sólido desempeño trimestral.

Semtech, Rubrik, DocuSign, PagerDuty y otras acciones estadounidenses que suben el viernes

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Price Target

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Analyst Ratings

Tech

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La demanda de IA impulsa a los semiconductores en 2024 y analistas predicen una recuperación para los segmentos análogos y automotrices.

Semiconductores en 2024: Impacto de la IA y Perspectivas para 2025

Semtech Corp

<h3>Gainers</h3>
<ul>
<li>BIT Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTCM#NYSE">BTCM</a>) stock moved upwards by 5.9% to $3.05 during Friday's after-market session. The company's market cap stands at $59.2 million. </li>
<li>AudioEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEYE#NASDAQ">AEYE</a>) stock moved upwards by 4.96% to $15.23. The company's market cap stands at $162.6 million. </li>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) stock moved upwards by 4.65% to $2.36. The market value of their outstanding shares is at $67.6 million. </li>
<li>Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) shares increased by 4.26% to $7.57. The market value of their outstanding shares is at $186.2 million. </li>
<li>SemiLEDs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) shares rose 4.17% to $1.98. The market value of their outstanding shares is at $16.3 million. </li>
<li>SmartKem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTK#NASDAQ">SMTK</a>) shares increased by 4.12% to $1.0. The company's market cap stands at $4.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Next Technology Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTT#NASDAQ">NXTT</a>) stock fell 5.8% to $2.11 during Friday's after-market session. The company's market cap stands at $1.0 billion. </li>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares declined by 4.27% to $2.02. The company's market cap stands at $4.2 million. </li>
<li>Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) shares fell 3.79% to $51.06. The market value of their outstanding shares is at $4.5 billion. </li>
<li>Smith Micro Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMSI#NASDAQ">SMSI</a>) stock decreased by 3.79% to $0.76. The company's market cap stands at $14.6 million. </li>
<li>PicoCELA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PCLA#NASDAQ">PCLA</a>) stock declined by 3.49% to $0.56. The market value of their outstanding shares is at $19.6 million. </li>
<li>RF Industries (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RFIL#NASDAQ">RFIL</a>) stock declined by 3.43% to $7.9. The market value of their outstanding shares is at $91.4 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Friday's After-Market Session

Providing a diverse range of perspectives from bullish to bearish, 8 analysts have published ratings on Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) in the last three months.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">6</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $50.12, a high estimate of $68.00, and a low estimate of $40.00. This current average reflects an increase of 7.21% from the previous average price target of $46.75. 
<img src="https://www.benzinga.com/files/images/story/2025/1752872510_0.png" alt="price target chart" />
<h2>Deciphering Analyst Ratings: An In-Depth Analysis</h2>
The perception of Semtech by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tore Svanberg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$54.00</td>
<td>$45.00</td>
</tr>
<tr>
<td>Tore Svanberg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$45.00</td>
<td>$42.00</td>
</tr>
<tr>
<td>Joseph Moore</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$43.00</td>
<td>$40.00</td>
</tr>
<tr>
<td>Cody Acree</td>
<td>Benchmark</td>
<td>Maintains</td>
<td>Buy</td>
<td>$68.00</td>
<td>$68.00</td>
</tr>
<tr>
<td>Quinn Bolton</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$54.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Joseph Moore</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$40.00</td>
<td>$30.00</td>
</tr>
<tr>
<td>Tore Svanberg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$42.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Timothy Arcuri</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$55.00</td>
<td>$60.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Semtech. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Semtech compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Semtech's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Capture valuable insights into Semtech's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/SMTC/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Semtech analyst ratings.</a>
<h2>Get to Know Semtech Better</h2>
Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems and IoT Connected Services. The majority of the company's revenue is earned through Analog Mixed Signal and Wireless segment. Geographically majority of the company's revenue is earned from Asia Pacific region, company also operates in North America and Europe.
<h3>Semtech's Financial Performance</h3>
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Semtech displayed positive results in 3M. As of 30 April, 2025, the company achieved a solid revenue growth rate of approximately 21.81%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Information Technology sector.
Net Margin: Semtech's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 7.71%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Semtech's ROE excels beyond industry benchmarks, reaching 3.48%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Semtech's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.36%, the company showcases efficient use of assets and strong financial health.
Debt Management: Semtech's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.95, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 8 Analysts Discuss Semtech Stock

WIIM

Semtech shares are trading higher after Stifel raised its price target on the stock $45 to $54.

Stifel analyst Tore Svanberg maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and raises the price target from $45 to $54.

Stifel Maintains Buy on Semtech, Raises Price Target to $54

Shares of Semtech Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) were down 5.8% at last check on Wednesday, despite the company&#8217;s <a href="https://www.benzinga.com/news/earnings/25/05/45631709/semtech-stock-slides-on-q1-earnings-key-details-from-the-quarter">upbeat first-quarter results</a>.
Here are some key analyst takeaways.
<ul class="wp-block-list">
<li>Stifel <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d94a95b85e930001fd9dd2/tore-svanberg">analyst Tore Svanberg</a> reiterated a Buy rating, while raising the price target from $42 to $45.</li>
<li>Piper Sandler <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58fe05b80bd9910001595370/harsh-kumar">analyst Harsh Kumar</a> maintained an Overweight rating and price target of $55.</li>
<li>Roth Capital Partners <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ff56e50bd9910001fba880/scott-searle">analyst Scott Searle</a> reaffirmed a Buy rating and price target of $65.</li>
<li>Cantor Fitzgerald <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e21cde3430dee0001c717dd/quinn-bolton">analyst Quinn Bolton</a> maintained a Buy rating and price target of $54.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Stifel: Growth momentum continued at Semtech's Infrastructure segment, with sales growing by 5% sequentially and 30% year-on-year to $72.8 million, Svanberg said in a note. The company reported "yet another record in Data Center (DC) sales," which grew by 3% sequentially and 143% year-on-year to at $51.6 million, he added.
Semtech's profitability improved. Non-GAAP operating margins are projected to expand from 16.4% in fiscal 2025 to 18.9% in fiscal 2026 and 20.2% in fiscal 2027. "Notably, SMTC continues to pay down debt with its FCF generation," the analyst stated.
Piper Sandler: Semtech reported strong quarterly results, with revenues of $251.1 million and earnings of 38 cents per share beating consensus of $250.1 million and 37 cents per share, respectively, Kumar said. The company's gross margins, at 53.5%, came in slightly higher than the 53.0% projection, he added.
Management guided to earnings of 40 cents per share on revenues of $256 million at the midpoint. That&#8217;s slightly above expectations 39 cents per share and $255.5 million. "During the July quarter, SMTC expects sequential growth from its infrastructure (including data center) and consumer segments to be offset slightly by industrial which is forecasted flat to slightly down due to a moderation in LoRa sales," the analyst stated.
Roth Capital Partners: Semtech reported record sales of $251.1 million, up 22% year-on-year, Searle said. Data Center sales climbed 143% year-on-year, he added.  
The favorable mix lent upside to gross margins, the analyst stated. Sales of $256 million are &#8220;sequentially flattish," he further wrote.
Cantor Fitzgerald: Semtech issued healthy guidance, "driven by data center related infrastructure shipments and LoRa-enabled solutions," Bolton said. Data Center momentum is expected to continue into the fiscal second quarter.
The company's guidance reflects revenue growth of 2.0% sequentially and 18.9% year-on-year, the analyst stated. "Non-GAAP gross margin is expected to be 53.0% at the midpoint, in line with our estimate and below the Street&#8217;s 53.2% estimate," he further wrote.
Price Action: Shares of Semtech had declined by 6.11% to $36.41 at the time of publication on Wednesday.
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Analyst Color

Semtech Slides Despite Record Q1 Sales: 4 Analysts Maintain Ratings

Stifel analyst Tore Svanberg maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and raises the price target from $42 to $45.

Stifel Maintains Buy on Semtech, Raises Price Target to $45

Morgan Stanley analyst Joseph Moore maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Equal-Weight and raises the price target from $40 to $43.

Morgan Stanley Maintains Equal-Weight on Semtech, Raises Price Target to $43

Benchmark analyst Cody Acree reiterates Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and maintains $68 price target.

Benchmark Reiterates Buy on Semtech, Maintains $68 Price Target

Needham analyst Quinn Bolton reiterates Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and maintains $54 price target.

Needham Reiterates Buy on Semtech, Maintains $54 Price Target

Semtech Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) shares are moving lower in Tuesday&#8217;s after-hours session on the heels of the company&#8217;s first-quarter results. Here&#8217;s a rundown <a href="https://www.benzinga.com/pressreleases/25/05/b45630236/semtech-announces-first-quarter-of-fiscal-year-2026-results">of the report</a>.
<ul class="wp-block-list">
<li>Q1 Revenue: $251.1 million, versus <a href="http://benzinga.com/quote/SMTC/earnings">estimates</a> of $250.09 million</li>
</ul>
<ul class="wp-block-list">
<li>Q1 Adjusted EPS: 38 cents, versus estimates of 37 cents</li>
</ul>
Total revenue was up 22% year-over-year in the first quarter. The semiconductor, IoT systems and cloud connectivity service provider reported GAAP gross margin of 52.3%, up from 48.3% in the prior year&#8217;s quarter. 
Semtech ended the period with $156.5 million in cash and cash equivalents. 
&#8220;I am pleased with our solid first quarter results that reflected improving demand trends, strong business fundamentals and disciplined execution in a dynamic environment,&#8221; said Hong Hou, president and CEO of Semtech.
&#8220;At the same time, we continue investing strategically in innovation, go-to-market capabilities, and operational scale — laying a strong foundation for sustained growth and long-term value creation.&#8221;
Outlook: Semtech expects second-quarter revenue of $256 million, plus or minus $5 million, versus estimates of $255.55 million. The company anticipates second-quarter adjusted earnings of 40 cents per share, plus or minus three cents per share, versus <a href="http://pro.benzinga.com">Benzinga Pro</a> estimates of 39 cents per share.
Semtech executives will further discuss the quarter on a conference call with investors and analysts at 4:30 p.m. ET.
SMTC Price Action: <a href="http://benzinga.com/quote/SMTC">Semtech shares</a> were down 2.40% in after-hours, trading at $37.85 at the time of publication on Tuesday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
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Photo: <a href="https://www.shutterstock.com/g/MichaelVi">Michael Vi</a>/Shutterstock.

Earnings

Guidance

Semtech Stock Slides On Q1 Earnings: Key Details From The Quarter

Semtech Sees Q2 Adj EPS $0.37-$0.43 vs $0.39 Est; Sees Sales $251.000M-$261.000M vs $255.55M Est

Earnings Beats

Semtech Q1 Adj. EPS $0.38 Beats $0.37 Estimate, Sales $251.10M Beat $250.09M Estimate

Morgan Stanley analyst Joseph Moore maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Equal-Weight and raises the price target from $30 to $40.

Morgan Stanley Maintains Equal-Weight on Semtech, Raises Price Target to $40

Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) will release its first-quarter earnings results after the <a href="https://www.benzinga.com/quote/SMTC/earnings">closing bell on Tuesday, May 27.</a>
Analysts expect the Camarillo, California-based company to report quarterly earnings at 37 cents per share, up from 6 cents per share in the year-ago period. Semtech projects to report quarterly revenue at $250.09 million, compared to $206.1 million a year earlier, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
On May 12, Semtech announced that Mitch Haws has joined the company as its senior vice president of investor relations.
Semtech shares fell 1.4% to close at $37.28 on Friday.
Benzinga readers can access the latest analyst ratings on the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/22/09/28888638/exclusive-study-finds-benzinga-analyst-ratings-data-yields-market-beating-strategie">Analyst Stock Ratings</a> page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate <a href="https://www.benzinga.com/quote/smtc/analyst-ratings">analysts have rated the company</a> in the recent period.
<ul class="wp-block-list">
<li>Stifel analyst Tore Svanberg maintained a Buy rating and raised the price target from $35 to $42 on May 23, 2025. This analyst has an accuracy rate of 76%.</li>
<li>UBS analyst Timothy Arcuri maintained a Buy rating and cut the price target from $60 to $55 on May 5, 2025. This analyst has an accuracy rate of 77%.</li>
<li>Morgan Stanley analyst Joseph Moore initiated coverage on the stock with an Equal-Weight rating and a price target of $30 on April 7, 2025. This analyst has an accuracy rate of 72%.</li>
<li>Benchmark analyst Cody Acree maintained a Buy rating and cut the price target from $82 to $68 on March 14, 2025. This analyst has an accuracy rate of 67%.</li>
<li>Needham analyst Quinn Bolton reiterated a Buy rating with a price target of $54 on March 14, 2025. This analyst has an accuracy rate of 81%.</li>
</ul>
Considering buying SMTC stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="570" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/24075119/image-322-1024x570.png" alt="" class="wp-image-926890" style="width:638px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/24075119/image-322-1024x570.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/24075119/image-322-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/24075119/image-322-768x427.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/05/24075119/image-322.png 1138w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Markets

Semtech Likely To Report Higher Q1 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

<h3>Companies Reporting Before The Bell</h3>
• Bank of Nova Scotia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BNS#NYSE">BNS</a>) is projected to report quarterly earnings at $1.57 per share on revenue of $9.02 billion. 
• Evaxion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVAX#NASDAQ">EVAX</a>) is likely to report quarterly loss at $0.25 per share on revenue of $3.20 million. 
• Seanergy Maritime Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHIP#NASDAQ">SHIP</a>) is expected to report quarterly loss at $0.44 per share on revenue of $23.13 million. 
• PDD Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) is estimated to report quarterly earnings at $2.49 per share on revenue of $14.17 billion. 
• BioLine Rx (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLRX#NASDAQ">BLRX</a>) is estimated to report quarterly loss at $1.06 per share on revenue of $1.48 million. 
• Champion Homes (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SKY#NYSE">SKY</a>) is projected to report quarterly earnings at $0.76 per share on revenue of $595.42 million. 
• Zhihu (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZH#NYSE">ZH</a>) is estimated to report earnings for its first quarter. 
• AutoZone (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) is projected to report quarterly earnings at $37.03 per share on revenue of $4.41 billion. 
<h3>Companies Reporting After The Bell</h3>
• Grupo Supervielle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUPV#NYSE">SUPV</a>) is likely to report earnings for its first quarter. 
• Senstar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNT#NASDAQ">SNT</a>) is likely to report earnings for its first quarter. 
• Sociedad Quimica Y Minera (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQM#NYSE">SQM</a>) is projected to report earnings for its first quarter. 
• Heico (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HEI#NYSE">HEI</a>) is estimated to report quarterly earnings at $1.04 per share on revenue of $1.05 billion. 
• Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) is expected to report earnings for its first quarter. 
• Agora (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/API#NASDAQ">API</a>) is likely to report earnings for its first quarter. 
• Box (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BOX#NYSE">BOX</a>) is projected to report quarterly earnings at $0.27 per share on revenue of $274.67 million. 
• Okta (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OKTA#NASDAQ">OKTA</a>) is expected to report quarterly earnings at $0.77 per share on revenue of $680.10 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For May 27, 2025

8 analysts have expressed a variety of opinions on Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">7</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">4</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $49.75, a high estimate of $68.00, and a low estimate of $30.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 15.06%. 
<img src="https://www.benzinga.com/files/images/story/2025/1748034026_0.png" alt="price target chart" />
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
A comprehensive examination of how financial experts perceive Semtech is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tore Svanberg</td>
<td>Stifel</td>
<td>Raises</td>
<td>Buy</td>
<td>$42.00</td>
<td>$35.00</td>
</tr>
<tr>
<td>Timothy Arcuri</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$55.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Tore Svanberg</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$35.00</td>
<td>$54.00</td>
</tr>
<tr>
<td>Joseph Moore</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$30.00</td>
<td>-</td>
</tr>
<tr>
<td>Timothy Arcuri</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$60.00</td>
<td>$65.00</td>
</tr>
<tr>
<td>Tore Svanberg</td>
<td>Stifel</td>
<td>Lowers</td>
<td>Buy</td>
<td>$54.00</td>
<td>$60.00</td>
</tr>
<tr>
<td>Cody Acree</td>
<td>Benchmark</td>
<td>Lowers</td>
<td>Buy</td>
<td>$68.00</td>
<td>$82.00</td>
</tr>
<tr>
<td>Quinn Bolton</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$54.00</td>
<td>$54.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Semtech. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Semtech compared to the broader market.</li>
<li>Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Semtech's stock. This comparison reveals trends in analysts' expectations over time.</li>
</ul>
To gain a panoramic view of Semtech's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/SMTC/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Semtech analyst ratings.</a>
<h2>About Semtech</h2>
Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems and IoT Connected Services. The majority of the company's revenue is earned through Analog Mixed Signal and Wireless segment. Geographically majority of the company's revenue is earned from Asia Pacific region, company also operates in North America and Europe.
<h3>Financial Milestones: Semtech's Journey</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Over the 3M period, Semtech showcased positive performance, achieving a revenue growth rate of 30.09% as of 31 January, 2025. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.
Net Margin: Semtech's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 15.6%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Semtech's ROE stands out, surpassing industry averages. With an impressive ROE of 19.44%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Semtech's ROA excels beyond industry benchmarks, reaching 2.8%. This signifies efficient management of assets and strong financial health.
Debt Management: Semtech's debt-to-equity ratio is notably higher than the industry average. With a ratio of 1.03, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>The Core of Analyst Ratings: What Every Investor Should Know</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Semtech Stock: A Deep Dive Into Analyst Perspectives (8 Ratings)

Stifel analyst Tore Svanberg maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and raises the price target from $35 to $42.

Stifel Maintains Buy on Semtech, Raises Price Target to $42

Semtech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NYSE">SMTC</a>) short percent of float has fallen 9.99% since its last report. The company recently reported that it has 6.63 million shares sold short, which is 8.83% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.89 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Semtech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747072829_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Semtech has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Semtech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Semtech's peer group average for short interest as a percentage of float is 10.81%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Shares of semiconductor companies are higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. A reduction in tariffs could alleviate some supply chain concerns and improve macro sentiment as well as demand visibility.

Press Releases

Semtech Announces Upsize of Revolving Credit Facility

Semtech Wireless Technology Benefits People with Hearing Loss

Semtech Showcases Next-Gen LoRa® Technology at IoT Solutions World Congress 2025

Semtech Appoints Mitch Haws as Senior Vice President of Investor Relations

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SEMTECH ALERT: Bragar Eagel & Squire, P.C. is Investigating Semtech Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Semtech Announces First Quarter of Fiscal Year 2026 Conference Call

Semtech Strengthens Global IoT Connectivity Security with AI-enabled Network Operations

Semtech LoRaWAN® Powers Yorkshire Water's Smart Meter Savings

Semtech Announces First Quarter of Fiscal Year 2026 Results

Semtech's LoRaWAN® Innovation: Transformative IoT Insights

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