Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Cut to Buy at Wall Street Zen

Key Points

• Wall Street Zen downgraded Lattice Semiconductor from “strong buy” to “buy,” though the broader analyst consensus remains “Moderate Buy” with a $147.46 target price.
• Lattice reported strong quarterly results, with EPS of $0.53 versus the $0.44 estimate and revenue of $201.08 million, up 62.2% year over year.
• LSCC opened at $103.65, down 3.2%, and trades at a high valuation with a P/E ratio near 399; insiders have sold 19,661 shares worth approximately $2.59 million over the past three months.

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

LSCC has been the topic of several other reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $175.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. William Blair initiated coverage on Lattice Semiconductor in a report on Tuesday, October 6th. They issued an "outperform" rating for the company. Benchmark assumed coverage on Lattice Semiconductor in a research note on Tuesday, August 25th. They issued a "buy" rating and a $160.00 target price on the stock. Needham & Company LLC upped their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Finally, Jefferies Financial Group raised their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $147.46.

Lattice Semiconductor Stock Down 3.2%

LSCC stock opened at $103.65 on Friday. The company has a market capitalization of $14.20 billion, a P/E ratio of 398.65, a price-to-earnings-growth ratio of 1.59 and a beta of 1.83. Lattice Semiconductor has a 12 month low of $60.50 and a 12 month high of $157.01. The firm's fifty day simple moving average is $119.95 and its 200-day simple moving average is $125.79. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.09. The firm had revenue of $201.08 million during the quarter, compared to analysts' expectations of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm's revenue was up 62.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities research analysts forecast that Lattice Semiconductor will post 1.10 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Esam Elashmawi sold 15,742 shares of the 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 sale, the senior vice president directly owned 155,420 shares of the company's stock, valued at approximately $20,945,953.40. This represents a 9.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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, SVP Pravin Desale sold 2,039 shares of the firm's stock in a transaction on Monday, September 14th. The shares were sold at an average price of $111.83, for a total transaction of $228,021.37. Following the sale, the senior vice president owned 73,456 shares in the company, valued at approximately $8,214,584.48. This represents a 2.70% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 19,661 shares of company stock valued at $2,587,259. Corporate insiders own 0.62% of the company's stock.

Institutional Investors Weigh In On Lattice Semiconductor

A number of institutional investors have recently modified their holdings of the business. Danske Bank A S purchased a new position in shares of Lattice Semiconductor in the 2nd quarter valued at about $46,000. Meeder Asset Management Inc. purchased a new position in Lattice Semiconductor during the second quarter worth approximately $46,000. Burkett Financial Services LLC purchased a new position in Lattice Semiconductor during the third quarter worth approximately $38,000. V Square Quantitative Management LLC boosted its position in Lattice Semiconductor by 38.6% during the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company's stock worth $48,000 after purchasing an additional 143 shares in the last quarter. Finally, Versant Capital Management Inc grew its holdings in Lattice Semiconductor by 53.5% in the second quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company's stock valued at $81,000 after purchasing an additional 185 shares during the period. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

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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