SMTC Stock - Semtech Corporation
Unlock GoAI Insights for SMTC
Get institutional-grade AI analysis, real-time signals, and deep market intelligence powered by advanced machine learning.
Free 14-day trial • No credit card required
Premium members get real-time SMS alerts
Financial Statements
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $909.29M | $868.76M | $756.53M | $740.86M | $595.12M |
| Gross Profit | $456.53M | $296.25M | $478.56M | $466.08M | $363.55M |
| Gross Margin | 50.2% | 34.1% | 63.3% | 62.9% | 61.1% |
| Operating Income | $49.93M | $-944,322,000 | $92.80M | $145.02M | $74.96M |
| Net Income | $-161,896,000 | $-1,092,030,000 | $61.38M | $125.66M | $59.90M |
| Net Margin | -17.8% | -125.7% | 8.1% | 17.0% | 10.1% |
| EPS | $-2.26 | $-17.03 | $0.96 | $1.94 | $0.92 |
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications. In addition, it provides power products consisting of switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging that control, alter, regulate, and condition the power within electronic systems. The company serves original equipment manufacturers and their suppliers in the enterprise computing, communications, and consumer and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in North America, Europe, Asia- Pacific, and internationally. The company was incorporated in 1960 and is headquartered in Camarillo, California.
Visit WebsiteRating Distribution
Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 25th 2025 | Summit Insights | Upgrade | Buy | - |
| October 1st 2025 | TD Cowen | Initiation | Buy | $75 |
| September 30th 2025 | Oppenheimer | Upgrade | Outperform | $81 |
| April 7th 2025 | Morgan Stanley | Initiation | Equal Weight | $30 |
| March 14th 2025 | Craig Hallum | Reiterated | Buy | $55← $70 |
| January 17th 2025 | UBS | Initiation | Buy | $85 |
| November 26th 2024 | Needham | Reiterated | Buy | $70← $50 |
| November 26th 2024 | Craig Hallum | Reiterated | Buy | $70← $48 |
| August 28th 2024 | Summit Insights | Downgrade | Hold | - |
| June 6th 2024 | Craig Hallum | Reiterated | Buy | $48← $36 |
| April 1st 2024 | Craig Hallum | Reiterated | Buy | $36← $30 |
| October 19th 2023 | The Benchmark Company | Upgrade | Buy | $30 |
| September 14th 2023 | Summit Insights | Upgrade | Buy | - |
| September 14th 2023 | The Benchmark Company | Downgrade | Hold | - |
| September 14th 2023 | Susquehanna | Upgrade | Positive | $30 |
Earnings History & Surprises
SMTCEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 25, 2026 | — | — | — | — |
Q1 2026 | Mar 12, 2026 | $0.43 | — | — | — |
Q4 2025 | Nov 24, 2025 | $0.44 | $0.48 | +7.9% | ✓ BEAT |
Q3 2025 | Aug 25, 2025 | $0.40 | $0.41 | +2.5% | ✓ BEAT |
Q2 2025 | May 27, 2025 | $0.37 | $0.38 | +2.5% | ✓ BEAT |
Q1 2025 | Mar 13, 2025 | $0.32 | $0.40 | +25.0% | ✓ BEAT |
Q4 2024 | Nov 25, 2024 | $0.23 | $0.26 | +13.0% | ✓ BEAT |
Q3 2024 | Aug 27, 2024 | $0.10 | $0.11 | +10.0% | ✓ BEAT |
Q2 2024 | Jun 5, 2024 | $-0.17 | $0.06 | +135.3% | ✓ BEAT |
Q1 2024 | Mar 28, 2024 | $-0.05 | $-0.06 | -20.0% | ✗ MISS |
Q4 2023 | Dec 6, 2023 | $-0.15 | $0.02 | +113.3% | ✓ BEAT |
Q3 2023 | Sep 13, 2023 | $0.02 | $0.11 | +409.7% | ✓ BEAT |
Q2 2023 | Jun 7, 2023 | $-0.07 | $0.02 | +128.6% | ✓ BEAT |
Q1 2023 | Mar 29, 2023 | $0.48 | $0.47 | -2.1% | ✗ MISS |
Q4 2022 | Nov 30, 2022 | $0.63 | $0.65 | +3.2% | ✓ BEAT |
Q3 2022 | Aug 31, 2022 | $0.85 | $0.87 | +2.4% | ✓ BEAT |
Q2 2022 | Jun 1, 2022 | $0.76 | $0.80 | +5.3% | ✓ BEAT |
Q1 2022 | Mar 16, 2022 | $0.69 | $0.70 | +1.4% | ✓ BEAT |
Q4 2021 | Dec 1, 2021 | $0.72 | $0.74 | +2.8% | ✓ BEAT |
Q3 2021 | Sep 1, 2021 | $0.62 | $0.65 | +4.8% | ✓ BEAT |
Latest News
Piper Sandler Reiterates Overweight on Semtech, Raises Price Target to $95
📈 PositiveShares of semiconductor companies are trading lower, possibly because of a rise in Treasury yields, which could pressure growth stocks. The sector may also be seeing weakness due to investor concerns about an AI bubble.
📉 NegativeSMTC stock has given up its prior loss. Semtech shares were trading lower after the company reported worse-than-expected Q3 sales results.
➖ NeutralRoth Capital Maintains Buy on Semtech, Raises Price Target to $77
📈 PositiveB. Riley Securities Maintains Buy on Semtech, Raises Price Target to $91
📈 PositiveOppenheimer Reiterates Outperform on Semtech, Maintains $81 Price Target
📈 PositiveMorgan Stanley Maintains Equal-Weight on Semtech, Raises Price Target to $67
➖ NeutralSemtech shares are trading lower after the company reported worse-than-expected Q3 sales results.
📉 NegativeSemtech drops 10% on ISC margin concerns despite solid earnings beat
📉 NegativePiper Sandler Reiterates Overweight on Semtech, Raises Price Target to $70
📈 PositiveBaird Maintains Outperform on Semtech, Raises Price Target to $88
📈 PositiveBenchmark Maintains Buy on Semtech, Raises Price Target to $85
📈 PositiveNeedham Reiterates Buy on Semtech, Maintains $80 Price Target
📈 PositiveSMTC stock has given up its prior loss. Semtech shares were trading lower after the company reported worse-than-expected Q3 sales results.
➖ NeutralSemtech shares are trading lower after the company reported worse-than-expected Q3 sales results.
📉 NegativeSemtech Sees Q4 Adj EPS $0.40-$0.46 vs $0.43 Est; Sees Sales $268.000M-$278.000M vs $268.675M Est
📈 PositiveSemtech Q3 Adj. EPS $0.48 Beats $0.45 Estimate, Sales $267.000M Miss $268.832M Estimate
➖ NeutralShares of semiconductor stocks are trading higher amid a broader rebound in tech names. Stocks across sectors are also higher amid Fed Governor Waller backing a December rate cut.
📈 PositiveMorgan Stanley Maintains Equal-Weight on Semtech, Raises Price Target to $64
📈 PositiveShares of companies in the broader chip sector are trading higher, rebounding from recent weakness in tech stocks.
📈 PositiveFrequently Asked Questions about SMTC
What is SMTC's current stock price?
What is the analyst price target for SMTC?
What sector is Semtech Corporation in?
What is SMTC's market cap?
Does SMTC pay dividends?
Similar Stocks
Technology SectorExplore stocks similar to SMTC for comparison