Lattice Semiconductor (NASDAQ:LSCC) Lowered to "Buy" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Lattice Semiconductor from “strong buy” to “buy,” while broader analyst sentiment remains positive, with an average “buy” rating and an average price target of $147.46.
• Lattice reported stronger-than-expected quarterly results, posting $0.53 in EPS versus the $0.44 consensus estimate and $201.08 million in revenue, up 62.2% year over year.
• The stock opened at $114.40 after declining 5.0%, below its 50-day moving average of $130.58; institutional investors own a substantial 98.08% of outstanding shares.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued to investors on Saturday.

Other analysts have also issued research reports about the stock. Jefferies Financial Group lifted their price objective on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Weiss Ratings reissued a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Robert W. Baird raised their price target on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the stock an "outperform" rating in a research note on Tuesday, May 5th. Needham & Company LLC raised their price target on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Lattice Semiconductor from $150.00 to $175.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $147.46.

Lattice Semiconductor Stock Down 5.0%

LSCC stock opened at $114.40 on Friday. The stock has a market cap of $15.67 billion, a P/E ratio of 440.00, a P/E/G ratio of 1.83 and a beta of 1.81. The company has a current ratio of 3.02, a quick ratio of 2.33 and a debt-to-equity ratio of 0.04. The stock's fifty day simple moving average is $130.58 and its two-hundred day simple moving average is $119.78. Lattice Semiconductor has a 1-year low of $60.50 and a 1-year high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business's revenue was up 62.2% compared to the same quarter last year. During the same period last year, the firm posted $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Analysts expect that Lattice Semiconductor will post 1.12 EPS for the current year.

Insider Buying and Selling

In related news, Director James P. Lederer sold 6,101 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $153.94, for a total transaction of $939,187.94. Following the sale, the director owned 41,201 shares of the company's stock, valued at approximately $6,342,481.94. This represents a 12.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Esam Elashmawi sold 15,742 shares of the firm's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $134.77, for a total value of $2,121,549.34. Following the completion of the transaction, the senior vice president owned 155,420 shares of the company's stock, valued at approximately $20,945,953.40. This represents a 9.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 28,502 shares of company stock valued at $4,005,820 in the last ninety days. 0.62% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lattice Semiconductor

A number of institutional investors and hedge funds have recently modified their holdings of the company. California State Teachers Retirement System grew its stake in Lattice Semiconductor by 15,228.0% during the second quarter. California State Teachers Retirement System now owns 24,285,306 shares of the semiconductor company's stock valued at $3,714,680,000 after acquiring an additional 24,126,868 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Lattice Semiconductor during the 2nd quarter valued at $2,637,161,000. Invesco Ltd. increased its holdings in shares of Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company's stock worth $445,538,000 after purchasing an additional 3,885,482 shares during the period. Bank of America Corp DE grew its position in Lattice Semiconductor by 77.4% during the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company's stock worth $156,083,000 after buying an additional 1,390,109 shares in the last quarter. Finally, William Blair Investment Management LLC purchased a new position in Lattice Semiconductor during the second quarter worth about $177,497,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

About Lattice Semiconductor

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company's product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice's solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.

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