Lattice Semiconductor (NASDAQ:LSCC) Stock Bumped Up to "Strong-Buy" by Wall Street Zen

Key Points

• Wall Street Zen upgraded Lattice Semiconductor to “strong-buy.” The broader analyst consensus is “Moderate Buy,” with an average price target of $147.46; ratings include one Strong Buy, 12 Buys and two Holds.
• Lattice reported quarterly revenue of $201.08 million and EPS of $0.53, exceeding analyst estimates of $185.50 million and $0.44, respectively. Revenue increased 62.2% year over year, while the company guided for third-quarter EPS of $0.54–$0.58.
• LSCC shares opened at $126.05, with a market capitalization of $17.27 billion and a 52-week range of $60.50 to $157.01. Institutional investors own 98.08% of the stock, while insiders sold $2.59 million in shares over the past three months under pre-arranged plans.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "buy" rating to a "strong-buy" rating in a report released on Saturday, Wall Street Zen reports.

Several other analysts have also recently issued reports on the company. Rosenblatt Securities reiterated a "buy" rating and issued a $175.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. KeyCorp boosted their target price on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Weiss Ratings restated a "hold (c-)" rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Needham & Company LLC increased their price target on Lattice Semiconductor from $140.00 to $160.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Finally, Zacks Research cut Lattice Semiconductor from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $147.46.

Lattice Semiconductor Stock Up 0.9%

Shares of LSCC opened at $126.05 on Friday. The company's 50-day simple moving average is $121.60 and its 200-day simple moving average is $125.14. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. Lattice Semiconductor has a 1 year low of $60.50 and a 1 year high of $157.01. The stock has a market capitalization of $17.27 billion, a PE ratio of 484.81, a P/E/G ratio of 1.91 and a beta of 1.83.

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 for the quarter, topping the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. During the same period in the prior year, the firm earned $0.24 EPS. The firm's revenue for the quarter 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 1.10 earnings per share for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In related news, SVP Esam Elashmawi sold 15,742 shares of the business's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the completion of the transaction, the senior vice president owned 155,420 shares in the company, valued at approximately $20,945,953.40. The trade was a 9.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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, SVP Pravin Desale sold 2,039 shares of the stock in a transaction on Monday, September 14th. The shares were sold at an average price of $111.83, for a total value of $228,021.37. Following the completion of the transaction, the senior vice president directly owned 73,456 shares in the company, valued at $8,214,584.48. This trade represents a 2.70% 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. In the last three months, insiders sold 19,661 shares of company stock valued at $2,587,259. Insiders own 0.62% of the company's stock.

Institutional Investors Weigh In On Lattice Semiconductor

Hedge funds and other institutional investors have recently made changes to their positions in the business. Wedmont Private Capital increased its stake in Lattice Semiconductor by 6.7% in the third quarter. Wedmont Private Capital now owns 3,092 shares of the semiconductor company's stock valued at $386,000 after purchasing an additional 193 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Lattice Semiconductor by 15.1% during the 3rd quarter. GAMMA Investing LLC now owns 4,694 shares of the semiconductor company's stock worth $590,000 after buying an additional 616 shares during the last quarter. Artemis Investment Management LLP boosted its holdings in shares of Lattice Semiconductor by 142.0% in the 3rd quarter. Artemis Investment Management LLP now owns 487,423 shares of the semiconductor company's stock valued at $61,230,000 after buying an additional 285,991 shares in the last quarter. Burkett Financial Services LLC acquired a new position in shares of Lattice Semiconductor in the 3rd quarter valued at $38,000. Finally, QRG Capital Management Inc. grew its position in shares of Lattice Semiconductor by 21.6% in the 2nd quarter. QRG Capital Management Inc. now owns 6,487 shares of the semiconductor company's stock valued at $992,000 after buying an additional 1,152 shares during the last quarter. Institutional investors and hedge funds own 98.08% of the company's stock.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation NASDAQ: LSCC is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.

The company's products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.

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