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S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
Biden signs bill extending a key US surveillance program after divisions nearly forced it to lapse
MarketBeat Week in Review – 4/15 - 4/19
The drug war devastated Black and other minority communities. Is marijuana legalization helping?
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
A man escaped Sudan's bloody civil war. His mysterious death in Missisippi has sparked suspicion
Record Store Day celebrates indie retail music sellers as they ride vinyl's popularity wave
Panama Papers trial's public portion comes to an unexpectedly speedy end

Semtech (SMTC) Stock Price, News & Analysis

$31.05
-1.00 (-3.12%)
(As of 04/19/2024 ET)
Today's Range
$30.53
$32.32
50-Day Range
$19.28
$35.00
52-Week Range
$13.13
$35.80
Volume
2.72 million shs
Average Volume
4.18 million shs
Market Capitalization
$2.00 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$39.85

Semtech MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
28.3% Upside
$39.85 Price Target
Short Interest
Healthy
17.24% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.71
Upright™ Environmental Score
News Sentiment
0.31mentions of Semtech in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$33,230 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.09) to $0.66 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.21 out of 5 stars

Computer And Technology Sector

146th out of 581 stocks

Semiconductors & Related Devices Industry

25th out of 83 stocks

SMTC stock logo

About Semtech Stock (NASDAQ:SMTC)

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. The company serves original equipment manufacturers and industrial end-markets. It sells its products directly, as well as through independent sales representative firms and independent distributors in Asia- Pacific, North America, and Europe. The company was incorporated in 1960 and is headquartered in Camarillo, California.

SMTC Stock Price History

SMTC Stock News Headlines

AT&T, FedEx fall; Ballard Power, Semtech rise, Monday, 4/1/2024
Stocks that are trading heavily or have substantial price changes on Monday: AT&T, FedEx fall; Ballard Power, Semtech
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Q4 2024 Semtech Corp Earnings Call
See More Headlines
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Company Calendar

Last Earnings
12/06/2023
Today
4/20/2024
Next Earnings (Estimated)
6/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SMTC
CUSIP
81685010
Employees
1,917
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$39.85
High Stock Price Target
$50.00
Low Stock Price Target
$30.00
Potential Upside/Downside
+28.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$-1,092,030,000.00
Net Margins
-125.70%
Pretax Margin
-119.89%

Debt

Sales & Book Value

Annual Sales
$868.76 million
Cash Flow
$12.47 per share
Book Value
($4.78) per share

Miscellaneous

Free Float
63,785,000
Market Cap
$2.00 billion
Optionable
Optionable
Beta
1.85

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Key Executives


SMTC Stock Analysis - Frequently Asked Questions

Should I buy or sell Semtech stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Semtech in the last year. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SMTC shares.
View SMTC analyst ratings
or view top-rated stocks.

What is Semtech's stock price target for 2024?

12 analysts have issued 12-month price objectives for Semtech's shares. Their SMTC share price targets range from $30.00 to $50.00. On average, they predict the company's share price to reach $39.85 in the next twelve months. This suggests a possible upside of 28.3% from the stock's current price.
View analysts price targets for SMTC
or view top-rated stocks among Wall Street analysts.

How have SMTC shares performed in 2024?

Semtech's stock was trading at $21.91 at the beginning of 2024. Since then, SMTC stock has increased by 41.7% and is now trading at $31.05.
View the best growth stocks for 2024 here
.

When is Semtech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our SMTC earnings forecast
.

How were Semtech's earnings last quarter?

Semtech Co. (NASDAQ:SMTC) announced its quarterly earnings data on Wednesday, December, 6th. The semiconductor company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.15) by $0.17. The semiconductor company earned $200.90 million during the quarter, compared to analysts' expectations of $200.55 million. Semtech had a negative net margin of 125.70% and a negative trailing twelve-month return on equity of 9.41%. The business's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.60 EPS.

What guidance has Semtech issued on next quarter's earnings?

Semtech updated its first quarter 2025 earnings guidance on Thursday, March, 28th. The company provided earnings per share (EPS) guidance of -0.040-0.040 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $200.6 million.

What is Mohan R. Maheswaran's approval rating as Semtech's CEO?

66 employees have rated Semtech Chief Executive Officer Mohan R. Maheswaran on Glassdoor.com. Mohan R. Maheswaran has an approval rating of 85% among the company's employees.

What other stocks do shareholders of Semtech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Semtech investors own include Endologix (ELGX), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW), Micron Technology (MU), Accenture (ACN), AutoZone (AZO), Charles Schwab (SCHW), Bank of the Ozarks (OZRK) and Vicor (VICR).

Who are Semtech's major shareholders?

Semtech's stock is owned by many different retail and institutional investors. Top institutional investors include Portman Square Capital LLP (0.00%), IMC Chicago LLC (0.00%), Partnership Wealth Management LLC (0.05%), Maryland State Retirement & Pension System (0.04%), Moody National Bank Trust Division (0.01%) and Versant Capital Management Inc (0.00%). Insiders that own company stock include Alisair Fulton, Alistair Fulton, Asaf Silberstein, Charles B Ammann, Christopher H Chang, Emeka Chukwu, John Michael Wilson, Mark Lin, Michael W Rodensky, Michael W Rodensky, Mohan Maheswaran, Norris B Powell, Paul V Walsh Jr and Ye Jane Li.
View institutional ownership trends
.

How do I buy shares of Semtech?

Shares of SMTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Semtech have any subsidiaries?
The following companies are subsidiares of Semtech: AptoVision Technologies Inc., Cycleo, Enverv, Gennum Corporation, Gennum UK Limited (United Kingdom), IC Interconnect, Semtech (International) AG (Switzerland), Semtech Advanced Systems India Private Limited (India), Semtech Canada Corporation (Nova Scotia Canada), Semtech Colorado Inc. (Delaware), Semtech Corpus Christi Corporation (Texas), Semtech Corpus Christi S.A. de CV (Mexico), Semtech EMEA Limited (United Kingdom), Semtech EV Inc. (California), Semtech France SAS (France), Semtech Germany GmbH (Germany), Semtech Japan GK (Japan), Semtech Limited (United Kingdom), Semtech Netherlands BV (Netherlands), Semtech Neuchatel SARL (Switzerland), Semtech New York Corporation (Delaware), Semtech Quebec Inc. (Quebec Canada), Semtech San Diego Corporation (California), Semtech Semiconductor (Chengdu) Co. Ltd. (China), Semtech Semiconductor (Malaysia) Sdn Bhd (Malaysia), Semtech Semiconductor (Shanghai) Co. Ltd. (China), Semtech Semiconductor (Shenzhen) Company Limited (China), Semtech Semiconductor Holdings Limited (Hong Kong), Sierra Monolithics Inc., Sierra Monolithics Inc. (California), Snowbush Mexico S.A.P.I. de C.V. – 99.9% (Mexico), Trackio International AG, Triune IP LLC (Texas), Triune Systems L.L.C, Triune Systems L.L.C. (Texas), and XEMICS SA.
Read More
This page (NASDAQ:SMTC) was last updated on 4/20/2024 by MarketBeat.com Staff

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