Wall Street Zen Upgrades Lattice Semiconductor (NASDAQ:LSCC) to Buy

Key Points

• Lattice Semiconductor has been upgraded from a "hold" to a "buy" rating by Wall Street Zen, indicating increased confidence in the company's future performance.
• Despite a slight decline in trading, several analysts have reiterated "buy" ratings, with price targets ranging from $57 to $75, reflecting positive sentiment among analysts.
• The company reported earnings of $0.24 per share for the last quarter, meeting consensus estimates, while its revenue experienced a marginal decline of 0.1% compared to the previous year.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday.

Several other brokerages have also recently weighed in on LSCC. Loop Capital reduced their price target on Lattice Semiconductor from $75.00 to $65.00 and set a "buy" rating for the company in a research report on Tuesday, August 5th. Rosenblatt Securities reiterated a "buy" rating and set a $72.00 price target on shares of Lattice Semiconductor in a research report on Tuesday, August 5th. Benchmark raised their price objective on Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a report on Thursday, September 11th. Finally, TD Cowen dropped their price objective on Lattice Semiconductor from $62.00 to $57.00 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, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $64.83.

Lattice Semiconductor Stock Up 7.1%

Shares of NASDAQ:LSCC traded up $4.72 during trading on Friday, hitting $71.64. The stock had a trading volume of 4,643,946 shares, compared to its average volume of 2,075,715. Lattice Semiconductor has a 12-month low of $34.69 and a 12-month high of $72.20. The stock has a market capitalization of $9.81 billion, a price-to-earnings ratio of 311.49, a price-to-earnings-growth ratio of 4.92 and a beta of 1.62. The stock has a 50-day simple moving average of $60.22 and a two-hundred day simple moving average of $53.98.

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 company had revenue of $123.97 million during the quarter, compared to analysts' expectations of $123.60 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.Lattice Semiconductor's quarterly revenue was down .1% on a year-over-year basis. During the same period last year, the business earned $0.23 earnings per share. Lattice Semiconductor has set its Q3 2025 guidance at 0.260-0.300 EPS. As a group, sell-side analysts forecast that Lattice Semiconductor will post 0.65 earnings per share for the current year.

Insider Transactions at Lattice Semiconductor

In other news, CAO Tonya Stevens sold 3,439 shares of Lattice Semiconductor stock in a transaction that occurred on 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 directly owned 87,776 shares of the company's stock, valued at $5,698,417.92. The trade was a 3.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total value of $396,672.50. Following the completion of the sale, the senior vice president directly owned 79,480 shares in the company, valued at $5,285,420. This represents a 6.98% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 24,404 shares of company stock valued at $1,594,632 over the last ninety days. Insiders own 1.80% of the company's stock.

Institutional Trading of Lattice Semiconductor

Institutional investors have recently made changes to their positions in the company. Osaic Holdings Inc. boosted its stake in Lattice Semiconductor by 5.2% during the second quarter. Osaic Holdings Inc. now owns 31,941 shares of the semiconductor company's stock worth $1,569,000 after buying an additional 1,577 shares during the last quarter. Marex Group plc acquired a new position in Lattice Semiconductor during the second quarter worth $242,000. State of Wyoming acquired a new position in Lattice Semiconductor during the second quarter worth $51,000. Hudson Bay Capital Management LP acquired a new position in Lattice Semiconductor during the second quarter worth $810,000. Finally, Castleark Management LLC boosted its stake in Lattice Semiconductor by 88.6% during the second quarter. Castleark Management LLC now owns 96,640 shares of the semiconductor company's stock worth $4,734,000 after buying an additional 45,400 shares during 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.