Lattice Semiconductor (NASDAQ:LSCC) Stock Price Target Lowered at TD Cowen

Key Points

• TD Cowen lowered Lattice Semiconductor’s price target from $165 to $130 while maintaining a “buy” rating, implying 19.56% upside from the prior close.
• Analysts remain broadly positive, with the stock holding a “Moderate Buy” consensus rating and an average price target of $144.77.
• Lattice reported quarterly EPS of $0.53 versus $0.44 expected, while revenue rose 62.2% year over year to $201.08 million; institutional investors own 98.08% of the shares.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) had its price objective decreased by stock analysts at TD Cowen from $165.00 to $130.00 in a research report issued on Monday, Benzinga reports. The brokerage presently has a "buy" rating on the semiconductor company's stock. TD Cowen's price objective points to a potential upside of 19.56% from the company's previous close.

A number of other equities analysts have also recently weighed in on the company. Jefferies Financial Group upped their price target on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. KeyCorp lifted their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an "overweight" rating in a research note on Wednesday, August 5th. Weiss Ratings reissued a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Thursday. William Blair started coverage on shares of Lattice Semiconductor in a research report on Tuesday, October 6th. They set an "outperform" rating on the stock. Finally, Needham & Company LLC upped their target price on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a "buy" rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $144.77.

Lattice Semiconductor Trading Up 4.9%

Shares of LSCC opened at $108.73 on Monday. Lattice Semiconductor has a 12 month low of $60.50 and a 12 month high of $157.01. The stock's 50-day moving average is $119.56 and its two-hundred day moving average is $126.19. 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 stock has a market cap of $14.90 billion, a PE ratio of 178.71, a P/E/G ratio of 1.59 and a beta of 1.83.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.09. The business 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 company's revenue for the quarter was up 62.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Equities 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 Pravin Desale sold 2,039 shares of the business's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $111.83, for a total value of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares in the company, valued at approximately $8,214,584.48. The trade was a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 Tracy Feanny sold 1,880 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total value of $237,688.40. Following the completion of the transaction, the senior vice president owned 60,221 shares in the company, valued at approximately $7,613,741.03. This trade represents a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 19,661 shares of company stock valued at $2,587,259. 0.62% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Lattice Semiconductor

Several hedge funds and other institutional investors have recently bought and sold shares of LSCC. State of Wyoming bought a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $3,155,000. Compass Wealth Management LLC acquired a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $1,884,000. BlackRock Inc. acquired a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $2,637,161,000. Wasatch Advisors LP bought a new position in Lattice Semiconductor during the second quarter worth $8,443,000. Finally, Artemis Wealth Advisors LLC bought a new position in Lattice Semiconductor during the second quarter worth $886,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

About Lattice Semiconductor

Lattice Semiconductor Corporation NASDAQ: LSCC designs and develops low-power programmable semiconductor devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system control solutions, and connectivity products that enable customers to configure and update electronic systems after manufacturing.

The company's products are used in communications and networking equipment, industrial systems, automotive applications, data-center and computing hardware, consumer electronics, and aerospace and defense products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.