Lattice Semiconductor Corporation (NASDAQ:LSCC) Given Consensus Rating of "Buy" by Analysts

Key Points

• Analysts maintain a bullish view: Fourteen firms give Lattice Semiconductor an average “Buy” rating, including eleven buys and two strong buys, with an average 12-month price target of $147.46.
• Lattice reported quarterly EPS of $0.53, beating estimates of $0.44, while revenue rose 62.2% year over year to $201.08 million. The company guided to third-quarter EPS of $0.54–$0.58.
• The stock opened at $111.68, down 3.2%, and trades at a very high price-to-earnings ratio of 429.54. Institutional investors own 98.08% of outstanding shares, while insiders have sold $3.07 million in stock over the past 90 days under pre-arranged plans.

Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC - Get Free Report) have received an average recommendation of "Buy" from the fourteen research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $147.4615.

LSCC has been the subject of a number of research analyst reports. TD Cowen lifted their target price on Lattice Semiconductor from $145.00 to $165.00 and gave the stock a "buy" rating in a report on Monday, July 13th. Benchmark assumed coverage on Lattice Semiconductor in a report on Tuesday, August 25th. They set a "buy" rating and a $160.00 price target on the stock. Royal Bank Of Canada increased their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an "outperform" rating in a research report on Wednesday, August 5th. KeyCorp lifted their price objective on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Finally, Weiss Ratings reissued a "hold (c-)" rating on shares of Lattice Semiconductor in a research report on Friday, July 17th.

Lattice Semiconductor Trading Down 3.2%

Shares of NASDAQ LSCC opened at $111.68 on Wednesday. The firm's 50 day moving average price is $129.12 and its 200-day moving average price is $120.22. The company has a market cap of $15.30 billion, a PE ratio of 429.54, a P/E/G ratio of 1.75 and a beta of 1.79. Lattice Semiconductor has a 52-week low of $60.50 and a 52-week high of $157.01. 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 (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings results 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 net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same quarter last year, the firm earned $0.24 earnings per share. The firm's quarterly revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, equities research analysts expect that Lattice Semiconductor will post 1.12 EPS for the current fiscal year.

Insider Activity

In other news, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the sale, the senior vice president directly owned 73,519 shares in the company, valued at $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 Esam Elashmawi sold 15,742 shares of Lattice Semiconductor stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the completion of the sale, the senior vice president owned 155,420 shares of the company's stock, valued at $20,945,953.40. This represents a 9.20% decrease in their ownership of the stock. 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. Insiders have sold a total of 22,401 shares of company stock valued at $3,066,632 in the last 90 days. 0.62% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Lattice Semiconductor

A number of large investors have recently added to or reduced their stakes in LSCC. CloudAlpha Capital Management Limited Hong Kong purchased a new stake in Lattice Semiconductor during the fourth quarter valued at $8,344,000. TimesSquare Capital Management LLC boosted its position in Lattice Semiconductor by 3.4% in the fourth quarter. TimesSquare Capital Management LLC now owns 1,474,949 shares of the semiconductor company's stock worth $108,527,000 after purchasing an additional 49,001 shares during the last quarter. State of Wyoming bought a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $3,155,000. Stephens Investment Management Group LLC increased its position in shares of Lattice Semiconductor by 10.1% during the 4th quarter. Stephens Investment Management Group LLC now owns 883,165 shares of the semiconductor company's stock valued at $64,983,000 after purchasing an additional 81,023 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Lattice Semiconductor by 33.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 282,253 shares of the semiconductor company's stock worth $20,768,000 after purchasing an additional 71,401 shares during the period. Institutional investors own 98.08% of the company's stock.

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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