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Lattice Semiconductor (NASDAQ:LSCC) Price Target Raised to $85.00

Lattice Semiconductor logo with Computer and Technology background

Key Points

  • Lattice Semiconductor had its price target raised by Susquehanna from $65.00 to $85.00, suggesting a potential upside of 23.08% from the stock's previous close.
  • Multiple analysts have issued ratings, with eleven giving a "Buy" rating and one a "Hold," resulting in a consensus rating of "Moderate Buy" and an average target price of $67.75.
  • Recent insider activity includes sales by senior executives, with significant shares being sold, indicating potential caution on the company's outlook despite positive analyst ratings.
  • MarketBeat previews top five stocks to own in November.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) had its price target lifted by investment analysts at Susquehanna from $65.00 to $85.00 in a report released on Wednesday, MarketBeat reports. The firm presently has a "positive" rating on the semiconductor company's stock. Susquehanna's price target indicates a potential upside of 23.08% from the stock's previous close.

Other analysts have also issued reports about the stock. Benchmark boosted their price objective on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, September 11th. Weiss Ratings restated a "hold (c-)" rating on shares of Lattice Semiconductor in a report on Wednesday, October 8th. KeyCorp boosted their price objective on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the company an "overweight" rating in a report on Tuesday, September 30th. Wall Street Zen lowered shares of Lattice Semiconductor from a "buy" rating to a "hold" rating in a report on Friday, October 3rd. Finally, Needham & Company LLC boosted their price target on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the stock a "buy" rating in a research note on Monday, September 22nd. Eleven research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $67.75.

Read Our Latest Report on Lattice Semiconductor

Lattice Semiconductor Stock Performance

Shares of LSCC stock traded down $0.79 on Wednesday, hitting $69.06. 33,668 shares of the stock traded hands, compared to its average volume of 2,573,761. The firm's 50-day moving average price is $68.46 and its two-hundred day moving average price is $56.20. The stock has a market capitalization of $9.45 billion, a PE ratio of 298.87, a PEG ratio of 5.36 and a beta of 1.66. Lattice Semiconductor has a twelve month low of $34.69 and a twelve month high of $76.61.

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

Insider Buying and Selling

In related news, SVP Tracy Ann Feanny sold 5,965 shares of the company's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $66.50, for a total transaction of $396,672.50. Following the sale, the senior vice president directly owned 79,480 shares in the company, valued at approximately $5,285,420. This represents a 6.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Robin Ann Abrams sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $64.98, for a total transaction of $974,700.00. Following the sale, the director owned 107,538 shares in the company, 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. Over the last ninety days, insiders have sold 27,844 shares of company stock worth $1,852,392. Company insiders own 1.19% of the company's stock.

Institutional Trading of Lattice Semiconductor

A number of large investors have recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. increased its stake in Lattice Semiconductor by 8.7% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,794 shares of the semiconductor company's stock valued at $514,000 after purchasing an additional 787 shares during the last quarter. SG Americas Securities LLC increased its stake in Lattice Semiconductor by 326.8% in the first quarter. SG Americas Securities LLC now owns 7,824 shares of the semiconductor company's stock valued at $410,000 after purchasing an additional 5,991 shares during the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in Lattice Semiconductor in the first quarter valued at approximately $566,000. Teacher Retirement System of Texas purchased a new position in Lattice Semiconductor in the first quarter valued at approximately $1,058,000. Finally, GAMMA Investing LLC increased its stake in Lattice Semiconductor by 53.0% in the first quarter. GAMMA Investing LLC now owns 4,166 shares of the semiconductor company's stock valued at $219,000 after purchasing an additional 1,443 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Lattice Semiconductor (NASDAQ:LSCC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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