Semtech Corporation logo

Semtech Corporation

SMTC

NASDAQTechnologySemiconductors

Previous close

$124.09

−$0.79 · -0.63%

Aug 21, 4:00 PM ET

SMTC company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

5

Overpriced

Momentum

50

Neutral

Sentiment

58

Mixed

Risk resilience

38

High Risk

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Company profile

Company website

Semtech Corporation is a technology firm specializing in the creation, production, and global distribution of advanced analog and mixed-signal semiconductor components, complemented by sophisticated algorithms. The company's extensive product portfolio begins with signal integrity solutions. These encompass crucial optical data communication and video transport products utilized in various infrastructure and industrial environments. It also provides integrated circuits specifically engineered for data centers, corporate networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications. Furthermore, Semtech develops video technologies for broadcast purposes and professional audio-visual (AV) needs, including innovative video-over-IP technology. Another significant offering involves protection products, which integrate filter and termination devices with transient voltage suppressors. These components are designed to shield electronic systems from harmful voltage spikes. Semtech also provides a range of wireless and sensing technologies, including specialized radio frequency (RF) products for diverse industrial, medical, and communications sectors, alongside advanced sensing components for both industrial and consumer markets. Its product line extends to power management devices, such as switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging solutions. These are essential for controlling, modifying, regulating, and conditioning electrical power within electronic systems. Semtech primarily serves original equipment manufacturers (OEMs) and their suppliers within the enterprise computing, communications, consumer, and industrial end-markets. The company distributes its products directly, as well as through a network of independent sales representative firms and independent distributors, reaching customers across North America, Europe, Asia-Pacific, and other international regions. The corporation was established in 1960 and maintains its headquarters in Camarillo, California.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Hong Q. Hou
Listed since
Mar 17, 1980
Employees
1,920

Market position

Day range

Current $124.09

52-week range

Current $124.09

Open
$130.61
Previous close
$124.88
Volume
2.32M
0.72× average
Average volume
3.23M
Average daily volume
Market cap
11.56B USD
Beta
2.35
Market reference 1
50-day average
$138.61
-10.47% below average
200-day average
$104.17
+19.13% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.48B USD
P/E (TTM)
-333.04×
P/B (TTM)
20.11×
P/S (TTM)
10.61×
EV / EBITDA
124.21×
Earnings yield
-0.56%
Free cash flow yield
2.23%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
51.50%
Operating margin
11.07%
Net margin
-3.05%
Return on equity
-7.35%
Return on assets
-2.86%
Return on invested capital
11.71%

Financial health

Debt / equity
0.86×
Current ratio
2.37×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends82%7%-69%-145%Gross margin, FY2022: 62.24%Gross margin, FY2023: 63.31%Gross margin, FY2024: 43.05%Gross margin, FY2025: 50.11%Gross margin, FY2026: 51.58%Operating margin, FY2022: 19.21%Operating margin, FY2023: 21.02%Operating margin, FY2024: -3.93%Operating margin, FY2025: 6.78%Operating margin, FY2026: 12.72%Net margin, FY2022: 16.96%Net margin, FY2023: 8.11%Net margin, FY2024: -125.70%Net margin, FY2025: -17.80%Net margin, FY2026: -3.85%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 62.24%. Gross margin FY2023 63.31%. Gross margin FY2024 43.05%. Gross margin FY2025 50.11%. Gross margin FY2026 51.58%. Operating margin FY2022 19.21%. Operating margin FY2023 21.02%. Operating margin FY2024 -3.93%. Operating margin FY2025 6.78%. Operating margin FY2026 12.72%. Net margin FY2022 16.96%. Net margin FY2023 8.11%. Net margin FY2024 -125.70%. Net margin FY2025 -17.80%. Net margin FY2026 -3.85%.

Income trends

Revenue

1.05B USD+15.48%

Operating income

133.6M USD+116.59%

Net income

−40.4M USD+75.05%
Income trends across reported periods1.26B USD407.39M USD−449.42M USD−1.31B USDRevenue, FY2022: 740.86M USDRevenue, FY2023: 756.53M USDRevenue, FY2024: 868.76M USDRevenue, FY2025: 909.29M USDRevenue, FY2026: 1.05B USDOperating income, FY2022: 142.28M USDOperating income, FY2023: 158.99M USDOperating income, FY2024: −34.11M USDOperating income, FY2025: 61.68M USDOperating income, FY2026: 133.6M USDNet income, FY2022: 125.66M USDNet income, FY2023: 61.38M USDNet income, FY2024: −1.09B USDNet income, FY2025: −161.9M USDNet income, FY2026: −40.4M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 740.86M USD. Revenue FY2023 756.53M USD. Revenue FY2024 868.76M USD. Revenue FY2025 909.29M USD. Revenue FY2026 1.05B USD. Operating income FY2022 142.28M USD. Operating income FY2023 158.99M USD. Operating income FY2024 −34.11M USD. Operating income FY2025 61.68M USD. Operating income FY2026 133.6M USD. Net income FY2022 125.66M USD. Net income FY2023 61.38M USD. Net income FY2024 −1.09B USD. Net income FY2025 −161.9M USD. Net income FY2026 −40.4M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue1.05B USD909.29M USD868.76M USD756.53M USD740.86M USD
Cost of goods sold508.4M USD453.64M USD494.77M USD277.58M USD279.72M USD
Gross profit541.6M USD455.64M USD373.99M USD478.96M USD461.14M USD
Research and development196.3M USD170.91M USD186.45M USD155.94M USD147.93M USD
Selling, general, and administrative211.7M USD223.05M USD221.65M USD164.03M USD170.93M USD
Operating expenses408M USD393.96M USD408.1M USD319.97M USD318.86M USD
Interest income2.5M USD2.3M USD3.05M USD5.8M USD1.47M USD
Interest expense40M USD89.63M USD106M USD15.46M USD6.04M USD
Depreciation and amortization40.8M USD49.37M USD84.45M USD36.89M USD35.3M USD
Operating income133.6M USD61.68M USD−34.11M USD158.99M USD142.28M USD
Net income−40.4M USD−161.9M USD−1.09B USD61.38M USD125.66M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$202.54

63.22% upside
Past 12 months12-month forecastHigh $230Average $202.54Low $155

SMTC news

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