Northland Capmk Brokers Boost Earnings Estimates for Semtech

Semtech Co. (NASDAQ:SMTC) – Northland Capmk upped their FY2025 earnings per share (EPS) estimates for shares of Semtech in a research note issued to investors on Tuesday, December 10th. Northland Capmk analyst G. Richard now forecasts that the semiconductor company will earn $0.08 per share for the year, up from their prior forecast of $0.03. The consensus estimate for Semtech’s current full-year earnings is ($0.01) per share. Northland Capmk also issued estimates for Semtech’s Q4 2025 earnings at $0.16 EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.44 EPS, FY2026 earnings at $1.13 EPS and FY2027 earnings at $1.83 EPS.

A number of other equities analysts also recently commented on the stock. Stifel Nicolaus upped their price objective on shares of Semtech from $58.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Summit Insights downgraded shares of Semtech from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Susquehanna boosted their target price on Semtech from $55.00 to $60.00 and gave the stock a “positive” rating in a research report on Thursday, November 21st. B. Riley raised their price target on Semtech from $61.00 to $85.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Benchmark lifted their price target on Semtech from $56.00 to $82.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.70.

Semtech Stock Up 0.9 %

SMTC opened at $65.15 on Thursday. Semtech has a 52 week low of $18.16 and a 52 week high of $70.27. The business has a 50 day moving average price of $51.48 and a two-hundred day moving average price of $41.40. The company has a market cap of $4.93 billion, a PE ratio of -4.99 and a beta of 1.65.

Semtech (NASDAQ:SMTC) last posted its quarterly earnings data on Monday, November 25th. The semiconductor company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.03. Semtech had a negative net margin of 99.08% and a negative return on equity of 154.99%. The company had revenue of $236.80 million for the quarter, compared to analyst estimates of $232.89 million. During the same period in the previous year, the business posted $0.02 earnings per share. Semtech’s quarterly revenue was up 17.9% on a year-over-year basis.

Institutional Trading of Semtech

Several large investors have recently bought and sold shares of the company. Huntington National Bank raised its stake in shares of Semtech by 105.2% during the 3rd quarter. Huntington National Bank now owns 589 shares of the semiconductor company’s stock worth $27,000 after buying an additional 302 shares during the last quarter. Ridgewood Investments LLC acquired a new position in Semtech during the second quarter worth about $44,000. Canada Pension Plan Investment Board purchased a new stake in shares of Semtech in the second quarter valued at about $60,000. NBC Securities Inc. lifted its holdings in shares of Semtech by 115.8% in the third quarter. NBC Securities Inc. now owns 1,377 shares of the semiconductor company’s stock valued at $62,000 after purchasing an additional 739 shares in the last quarter. Finally, Quarry LP acquired a new stake in shares of Semtech in the second quarter valued at approximately $63,000.

About Semtech

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor 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.