Weiss Ratings Reaffirms Hold (C-) Rating for Lattice Semiconductor (NASDAQ:LSCC)

Key Points

• Weiss Ratings has reaffirmed a "hold (C-)" rating for Lattice Semiconductor (NASDAQ: LSCC), indicating a cautious approach to the stock.
• Several analysts have raised their price targets for the stock, with Benchmark increasing it from $60 to $75 and KeyCorp from $70 to $85, reflecting positive sentiments about the company's prospects.
• Lattice Semiconductor's stock is currently up by 2.4%, with a 52-week range between $34.69 and $76.61, and reported earnings per share of $0.24, matching analysts' expectations.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Other equities research analysts also recently issued reports about the stock. Benchmark increased their price objective on shares of Lattice Semiconductor from $60.00 to $75.00 and gave the company a "buy" rating in a research report on Thursday, September 11th. Needham & Company LLC increased their price objective on shares of Lattice Semiconductor from $70.00 to $80.00 and gave the company a "buy" rating in a research report on Monday, September 22nd. TD Cowen dropped their price objective on shares of Lattice Semiconductor from $62.00 to $57.00 and set a "buy" rating on the stock in a research report on Tuesday, August 5th. KeyCorp increased their price objective on shares of Lattice Semiconductor from $70.00 to $85.00 and gave the company an "overweight" rating in a research report on Tuesday, September 30th. Finally, Wall Street Zen downgraded shares of Lattice Semiconductor from a "buy" rating to a "hold" rating in a research report on Friday, October 3rd. Eleven equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $66.92.

Lattice Semiconductor Stock Up 2.4%

Lattice Semiconductor stock opened at $73.67 on Wednesday. Lattice Semiconductor has a 52-week low of $34.69 and a 52-week high of $76.61. The company's 50 day moving average is $65.85 and its two-hundred day moving average is $55.14. The firm has a market cap of $10.09 billion, a PE ratio of 320.32, a price-to-earnings-growth ratio of 5.28 and a beta of 1.66.

Lattice Semiconductor (NASDAQ:LSCC - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The semiconductor company reported $0.24 EPS for the quarter, meeting analysts' consensus estimates of $0.24. Lattice Semiconductor had a net margin of 6.47% and a return on equity of 6.61%. The company had revenue of $123.97 million for the quarter, compared to the consensus estimate of $123.60 million. During the same period in the prior year, the firm posted $0.23 EPS. The company's quarterly revenue was down .1% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Tracy Ann Feanny sold 5,965 shares of the stock in a transaction 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 completion of 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 at the SEC website. Also, Director Robin Ann Abrams sold 15,000 shares of the stock in a transaction 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 of the company's stock, valued at approximately $6,987,819.24. This represents a 12.24% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 27,844 shares of company stock worth $1,852,392 in the last 90 days. Company insiders own 1.80% of the company's stock.

Institutional Trading of Lattice Semiconductor

Large investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD lifted its stake in shares of 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 worth $409,139,000 after acquiring an additional 1,517,395 shares during the period. Bank of America Corp DE lifted its stake in shares of 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 worth $156,083,000 after acquiring an additional 1,390,109 shares during the period. Invesco Ltd. lifted its stake in shares of Lattice Semiconductor by 93.2% in the 1st quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company's stock worth $113,192,000 after acquiring an additional 1,040,804 shares during the period. Norges Bank acquired a new stake in shares of Lattice Semiconductor in the 2nd quarter worth $48,702,000. Finally, Alliancebernstein L.P. lifted its stake in shares of Lattice Semiconductor by 146.8% in the 1st quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company's stock worth $75,532,000 after acquiring an additional 856,568 shares during the period. Institutional investors and hedge funds 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.

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.