Lattice Semiconductor (NASDAQ:LSCC) Price Target Raised to $80.00

Key Points

• Analysts at Needham & Company LLC have raised the price target for Lattice Semiconductor (NASDAQ:LSCC) from $70.00 to $80.00, indicating a potential upside of 10.90% from the current price.
• Multiple firms have recently updated their ratings on Lattice Semiconductor, with eleven analysts currently rating the stock as a Buy and an average price target of $65.67.
• Lattice Semiconductor reported a quarterly EPS of $0.24, meeting consensus estimates, but its revenue decreased by 0.1% compared to the same quarter last year.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) had its price objective upped by stock analysts at Needham & Company LLC from $70.00 to $80.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has a "buy" rating on the semiconductor company's stock. Needham & Company LLC's price objective would indicate a potential upside of 7.08% from the company's previous close.

Several other equities analysts have also commented on LSCC. Wall Street Zen raised Lattice Semiconductor from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. Benchmark upped their price target on Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a research note on Thursday, September 11th. Loop Capital decreased their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. TD Cowen decreased their price target on Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research note on Tuesday, August 5th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $72.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 5th. Eleven equities research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $65.67.

Lattice Semiconductor Stock Performance

Shares of NASDAQ:LSCC traded up $2.57 during trading on Monday, reaching $74.71. The stock had a trading volume of 3,391,892 shares, compared to its average volume of 2,830,469. The business has a fifty day moving average price of $61.02 and a 200-day moving average price of $54.03. The stock has a market cap of $10.23 billion, a PE ratio of 324.84, a PEG ratio of 5.30 and a beta of 1.62. Lattice Semiconductor has a 1-year low of $34.69 and a 1-year high of $75.75.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The semiconductor company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.24. The firm had revenue of $123.97 million for the quarter, compared to analyst estimates of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The business's revenue was down .1% on a year-over-year basis. During the same period in the previous year, the company posted $0.23 earnings per share. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. Sell-side analysts expect that Lattice Semiconductor will post 0.65 earnings per share for the current year.

Insiders Place Their Bets

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 5,965 shares of the company's stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $66.50, for a total transaction of $396,672.50. Following the sale, the senior vice president owned 79,480 shares in the company, valued at $5,285,420. This represents a 6.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Tonya Stevens sold 3,439 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $64.92, for a total value of $223,259.88. Following the sale, the chief accounting officer owned 87,776 shares in the company, valued at approximately $5,698,417.92. This trade represents a 3.77% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 24,404 shares of company stock worth $1,594,632 in the last quarter. 1.19% of the stock is owned by company insiders.

Institutional Investors Weigh In On Lattice Semiconductor

Large investors have recently bought and sold shares of the stock. Prudential PLC increased its holdings in shares of Lattice Semiconductor by 2.1% in the 1st quarter. Prudential PLC now owns 9,199 shares of the semiconductor company's stock valued at $482,000 after acquiring an additional 187 shares during the last quarter. Silvant Capital Management LLC increased its holdings in shares of Lattice Semiconductor by 2.1% in the 1st quarter. Silvant Capital Management LLC now owns 9,418 shares of the semiconductor company's stock valued at $494,000 after acquiring an additional 198 shares during the last quarter. Allworth Financial LP increased its holdings in shares of Lattice Semiconductor by 65.7% in the 1st quarter. Allworth Financial LP now owns 560 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 222 shares during the last quarter. ProShare Advisors LLC increased its holdings in shares of Lattice Semiconductor by 1.0% in the 2nd quarter. ProShare Advisors LLC now owns 22,479 shares of the semiconductor company's stock valued at $1,101,000 after acquiring an additional 232 shares during the last quarter. Finally, CWC Advisors LLC. boosted its position in shares of Lattice Semiconductor by 2.8% in the 2nd quarter. CWC Advisors LLC. now owns 8,815 shares of the semiconductor company's stock valued at $432,000 after purchasing an additional 236 shares during the period. Hedge funds and other institutional investors own 98.08% of the company's stock.

Lattice Semiconductor Company Profile

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.