Benchmark Forecasts Strong Price Appreciation for Lattice Semiconductor (NASDAQ:LSCC) Stock

Key Points

• Benchmark raised Lattice Semiconductor's price target from $60.00 to $75.00, indicating a potential upside of 13.34% based on the stock's last closing price.
• Recent earnings results showed Lattice reported $0.24 EPS for the quarter, meeting analyst expectations and a slight decline in quarterly revenue.
• Insider activity includes significant stock sales, with Director Robin Ann Abrams selling 15,000 shares, reflecting a 12.24% decrease in ownership.

Lattice Semiconductor (NASDAQ:LSCC - Free Report) had its target price hoisted by Benchmark from $60.00 to $75.00 in a report released on Thursday morning,Benzinga reports. The firm currently has a buy rating on the semiconductor company's stock.

Several other research firms also recently issued reports on LSCC. TD Cowen cut their price objective on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Rosenblatt Securities restated a "buy" rating and set a $72.00 price objective on shares of Lattice Semiconductor in a report on Tuesday, August 5th. Finally, Loop Capital cut their price target on shares of Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a report on Tuesday, August 5th. Eleven analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $64.83.

Lattice Semiconductor Stock Up 1.3%

Shares of LSCC traded up $0.81 during mid-day trading on Thursday, hitting $65.22. 638,556 shares of the company traded hands, compared to its average volume of 2,624,600. Lattice Semiconductor has a 1-year low of $34.69 and a 1-year high of $70.55. The company has a market capitalization of $8.93 billion, a PE ratio of 283.49, a price-to-earnings-growth ratio of 4.73 and a beta of 1.62. The business has a 50 day moving average of $59.38 and a 200 day moving average of $53.73.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The firm had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. During the same quarter in the prior year, the company posted $0.23 earnings per share. The company's revenue for the quarter was down .1% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, research analysts expect that Lattice Semiconductor will post 0.65 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Tonya Stevens sold 3,439 shares of the firm's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total transaction of $223,259.88. Following the completion of the sale, the chief accounting officer directly owned 87,776 shares of the company's stock, valued at approximately $5,698,417.92. This trade represents a 3.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robin Ann Abrams sold 15,000 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total value of $974,700.00. Following the sale, the director directly owned 107,538 shares of the company's stock, valued at $6,987,819.24. The trade was a 12.24% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 24,404 shares of company stock valued at $1,594,632 in the last three months. 1.19% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Several institutional investors have recently bought and sold shares of LSCC. Price T Rowe Associates Inc. MD grew its position in Lattice Semiconductor by 24.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company's stock valued at $409,139,000 after acquiring an additional 1,517,395 shares in the last quarter. Bank of America Corp DE grew its position in Lattice Semiconductor by 77.4% in the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company's stock valued at $156,083,000 after acquiring an additional 1,390,109 shares in the last quarter. Invesco Ltd. grew its position in Lattice Semiconductor by 93.2% in the 1st quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company's stock valued at $113,192,000 after acquiring an additional 1,040,804 shares in the last quarter. Norges Bank acquired a new position in Lattice Semiconductor in the 2nd quarter valued at about $48,702,000. Finally, Alliancebernstein L.P. grew its position in Lattice Semiconductor by 146.8% in the 1st quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company's stock valued at $75,532,000 after acquiring an additional 856,568 shares in the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.