Lattice Semiconductor (NASDAQ:LSCC) Rating Increased to Strong-Buy at Benchmark

Key Points

• Benchmark upgraded Lattice Semiconductor to “strong buy,” joining a broader bullish analyst consensus of “buy” with a consensus price target of $147.46.
• Lattice reported quarterly EPS of $0.53 versus expectations of $0.44, while revenue reached $201.08 million, up 62.2% year over year and above estimates.
• Shares opened at $120.47, with a $16.51 billion market capitalization and a notably high P/E ratio of 463.35; insiders sold 28,502 shares over the past 90 days.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) was upgraded by analysts at Benchmark to a "strong-buy" rating in a note issued to investors on Tuesday,Zacks.com reports.

LSCC has been the subject of a number of other reports. Needham & Company LLC upped their price target on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Stifel Nicolaus upped their price objective on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the company a "buy" rating in a research note on Tuesday, May 5th. Royal Bank Of Canada increased their target price on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft raised their target price on Lattice Semiconductor from $150.00 to $175.00 and gave the stock a "buy" rating in a research note on Friday, May 22nd. Finally, TD Cowen boosted their price target on Lattice Semiconductor from $145.00 to $165.00 and gave the company a "buy" rating in a report on Monday, July 13th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Lattice Semiconductor currently has a consensus rating of "Buy" and a consensus price target of $147.46.

Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock opened at $120.47 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. The business's 50 day simple moving average is $131.37 and its two-hundred day simple moving average is $119.82. The stock has a market capitalization of $16.51 billion, a P/E ratio of 463.35, a price-to-earnings-growth ratio of 1.81 and a beta of 1.81. Lattice Semiconductor has a one year low of $60.50 and a one year high of $157.01.

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

Insider Activity at Lattice Semiconductor

In other news, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the sale, the senior vice president owned 73,519 shares of the company's stock, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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. Also, Director James P. Lederer sold 6,101 shares of the business's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the transaction, the director owned 41,201 shares in the company, valued at $6,342,481.94. This represents a 12.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 28,502 shares of company stock valued at $4,005,820 in the last 90 days. 0.62% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Institutional investors have recently bought and sold shares of the stock. Danske Bank A S bought a new stake in Lattice Semiconductor during the 2nd quarter valued at approximately $46,000. Meeder Asset Management Inc. bought a new position in shares of Lattice Semiconductor in the 2nd quarter worth approximately $46,000. iSAM Funds UK Ltd bought a new position in shares of Lattice Semiconductor in the 3rd quarter worth approximately $25,000. Smartleaf Asset Management LLC lifted its stake in shares of Lattice Semiconductor by 462.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company's stock valued at $29,000 after purchasing an additional 324 shares during the period. Finally, Measured Wealth Private Client Group LLC purchased a new position in shares of Lattice Semiconductor in the 3rd quarter valued at approximately $31,000. 98.08% of the stock is owned by 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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