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S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
The perfect AI stock under $10 (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
The perfect AI stock under $10 (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
The perfect AI stock under $10 (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
The perfect AI stock under $10 (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
The perfect AI stock under $10 (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
The perfect AI stock under $10 (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard
S&P 500   5,087.03
DOW   39,069.11
QQQ   438.07
Top-Rated AMD nears major breakout level
The perfect AI stock under $10 (Ad)
Roku stock and the mother of all entry opportunities
AI powerhouse NVIDIA will hit $1000 soon
The perfect AI stock under $10 (Ad)
Nvidia, Royal Caribbean rise; Rivian, Etsy fall, Thursday, 2/22/2024
Rivian shares gets discounted; shares can move lower 
The perfect AI stock under $10 (Ad)
The Trade Desk: 3 reasons to buy before a new all-time high
Wall Street sees a solid year ahead for homebuilders, though mortgage rates remain a wildcard

Semtech (SMTC) Stock Price, News & Analysis

$20.83
+0.73 (+3.63%)
(As of 02/22/2024 ET)
Today's Range
$20.20
$21.41
50-Day Range
$18.48
$22.56
52-Week Range
$13.13
$33.15
Volume
1.25 million shs
Average Volume
1.10 million shs
Market Capitalization
$1.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$32.60

Semtech MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
56.5% Upside
$32.60 Price Target
Short Interest
Bearish
20.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.71
Upright™ Environmental Score
News Sentiment
0.63mentions of Semtech in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.38) to $0.11 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.

2.86 out of 5 stars

Computer And Technology Sector

330th out of 585 stocks

Semiconductors & Related Devices Industry

49th out of 86 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

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Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets…FOR FREE!
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets… FOR FREE!
Income Expert and Author of Get Rich With Dividends Is Giving Away His Top Income Secrets…FOR FREE!
Why Semtech (SMTC) Stock Is Falling Today
Navigating 6 Analyst Ratings For Semtech
Semtech: Buy Post-Correction Recovery
Why Semtech Stock Popped 16% This Week
Why Are Semtech (SMTC) Shares Soaring Today
Semtech Rallies After Q3 Profit Beats Street View
Semtech: Fiscal Q3 Earnings Snapshot
See More Headlines
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Company Calendar

Last Earnings
12/06/2023
Today
2/22/2024
Next Earnings (Estimated)
4/03/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductors
Current Symbol
NASDAQ:SMTC
CUSIP
81685010
Employees
2,248
Year Founded
1960

Price Target and Rating

Average Stock Price Target
$32.60
High Stock Price Target
$45.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+56.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
11 Analysts

Profitability

Net Income
$61.38 million
Pretax Margin
-54.05%

Debt

Sales & Book Value

Annual Sales
$756.53 million
Cash Flow
$2.86 per share
Book Value
$11.84 per share

Miscellaneous

Free Float
63,514,000
Market Cap
$1.34 billion
Optionable
Optionable
Beta
1.83

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SMTC Stock Analysis - Frequently Asked Questions

Should I buy or sell Semtech stock right now?

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

What is Semtech's stock price target for 2024?

11 brokers have issued 1 year price targets for Semtech's stock. Their SMTC share price targets range from $25.00 to $45.00. On average, they predict the company's stock price to reach $32.60 in the next year. This suggests a possible upside of 56.5% 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 start of the year. Since then, SMTC stock has decreased by 4.9% and is now trading at $20.83.
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, April 3rd 2024.
View our SMTC earnings forecast
.

How were Semtech's earnings last quarter?

Semtech Co. (NASDAQ:SMTC) released its quarterly earnings results on Wednesday, December, 6th. The semiconductor company reported $0.02 EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.17. The semiconductor company had revenue of $200.90 million for the quarter, compared to the consensus estimate of $200.55 million. Semtech had a negative net margin of 59.37% and a negative trailing twelve-month return on equity of 4.10%. Semtech's revenue for the quarter was up 13.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS.

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

Semtech issued an update on its fourth quarter 2024 earnings guidance on Monday, December, 11th. The company provided EPS guidance of -0.110-0.010 for the period, compared to the consensus EPS estimate of -0.030. The company issued revenue guidance of $180.0 million-$200.0 million, compared to the consensus revenue estimate of $211.8 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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (12.95%), Kodai Capital Management LP (3.09%), Balyasny Asset Management L.P. (2.45%), Contour Asset Management LLC (2.28%), Point72 Asset Management L.P. (2.20%) and Victory Capital Management Inc. (2.13%). Insiders that own company stock include Alisair Fulton, Alistair Fulton, Asaf Silberstein, Charles B Ammann, Christopher H Chang, Emeka Chukwu, John Michael Wilson, 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 2/23/2024 by MarketBeat.com Staff