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NASDAQ:SMTC

Semtech (SMTC) Stock Forecast, Price & News

$21.61
-0.63 (-2.83%)
(As of 12:10 PM ET)
Compare
Today's Range
$21.44
$21.99
50-Day Range
$18.09
$32.36
52-Week Range
$17.82
$65.51
Volume
431,240 shs
Average Volume
1.36 million shs
Market Capitalization
$1.38 billion
P/E Ratio
22.51
Dividend Yield
N/A
Price Target
$41.00

Semtech MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
87.5% Upside
$41.00 Price Target
Short Interest
Bearish
12.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.71
Upright™ Environmental Score
News Sentiment
0.84mentions of Semtech in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.15) to $0.99 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Computer And Technology Sector

198th out of 621 stocks

Semiconductors & Related Devices Industry

29th out of 89 stocks


SMTC stock logo

About Semtech (NASDAQ:SMTC) Stock

Semtech Corp. engages in the manufacture and supply of analog and mixed signal semiconductor products for high-end consumer, enterprise computing, communications, and industrial equipment. The firm operates through the following business segments: Protection, Signal Integrity, and Wireless & Sensing. It offers signal integrity, protection, wireless and sensing, and power and high-reliability products. The company was founded in 1960 and is headquartered in Camarillo, CA.

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SMTC Stock News Headlines

146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
Semtech (NASDAQ:SMTC) Coverage Initiated at StockNews.com
AI Getting Close to Thinking Like Humans
Technology experts working with neuroscientists have created the world's first Artificial Intelligence Network Operating System. AI can now process information like the human brain and understand the world the way humans do.
Semtech (NASDAQ:SMTC) Hits New 12-Month Low at $19.83
Semtech Corp.
Semtech (NASDAQ:SMTC) Earns "Buy" Rating from Benchmark
Semtech (NASDAQ:SMTC) PT Lowered to $40.00 at Robert W. Baird
Semtech (NASDAQ:SMTC) Given Buy Rating at B. Riley
See More Headlines
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SMTC Company Calendar

Last Earnings
12/01/2021
Today
5/31/2023
Next Earnings (Confirmed)
6/07/2023
Fiscal Year End
1/31/2024

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 Forecast
$41.00
High Stock Price Forecast
$75.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+89.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
12 Analysts

Profitability

Net Income
$61.38 million
Pretax Margin
10.37%

Debt

Sales & Book Value

Annual Sales
$756.53 million
Cash Flow
$2.66 per share
Book Value
$11.84 per share

Miscellaneous

Free Float
63,254,000
Market Cap
$1.38 billion
Optionable
Optionable
Beta
1.69

Social Links


Key Executives

  • Mohan R. MaheswaranMohan R. Maheswaran
    President, Chief Executive Officer & Director
  • Asaf SilbersteinAsaf Silberstein
    Chief Operating Officer & Executive Vice President
  • Emeka N. ChukwuEmeka N. Chukwu
    Chief Financial Officer & Executive Vice President
  • Francois Tremblay
    Chief Technical Officer & VP-Design Engineering
  • Gary M. BeauchampGary M. Beauchamp
    Executive VP & GM-Signal Integrity Product Group













SMTC Stock - 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 6 hold ratings and 6 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 forecast for 2023?

12 brokers have issued 12-month price objectives for Semtech's stock. Their SMTC share price forecasts range from $30.00 to $75.00. On average, they anticipate the company's stock price to reach $41.00 in the next twelve months. This suggests a possible upside of 89.6% 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 2023?

Semtech's stock was trading at $28.69 at the start of the year. Since then, SMTC stock has decreased by 24.6% and is now trading at $21.63.
View the best growth stocks for 2023 here
.

When is Semtech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 7th 2023.
View our SMTC earnings forecast
.

How can I listen to Semtech's earnings call?

Semtech will be holding an earnings conference call on Wednesday, June 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Semtech's earnings last quarter?

Semtech Co. (NASDAQ:SMTC) issued its earnings results on Wednesday, December, 1st. The semiconductor company reported $0.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.02. The semiconductor company had revenue of $194.93 million for the quarter, compared to analysts' expectations of $192.92 million. Semtech had a trailing twelve-month return on equity of 15.24% and a net margin of 8.11%. During the same quarter in the previous year, the company posted $0.31 earnings per share.

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

Semtech issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 29th. The company provided EPS guidance of -$0.11--$0.04 for the period, compared to the consensus estimate of $0.43. The company issued revenue guidance of $230.00 million-$240.00 million, compared to the consensus revenue estimate of $148.81 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).

What is Semtech's stock symbol?

Semtech trades on the NASDAQ under the ticker symbol "SMTC."

Who are Semtech's major shareholders?

Semtech's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (18.90%), State Street Corp (5.90%), Federated Hermes Inc. (3.78%), Bank of New York Mellon Corp (3.58%), Macquarie Group Ltd. (3.41%) and Assenagon Asset Management S.A. (2.52%). Insiders that own company stock include Alisair Fulton, Alistair Fulton, Asaf Silberstein, Bruce C Edwards, Charles B Ammann, Charles B Ammann, Christopher H Chang, Emeka Chukwu, Gary Beauchamp, James T Lindstrom, John Michael Wilson, Mark C Costello, Michael W Rodensky, Mohan Maheswaran, Norris B Powell, Sharon K Faltemier, Sylvia Summers 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Semtech's stock price today?

One share of SMTC stock can currently be purchased for approximately $21.63.

How much money does Semtech make?

Semtech (NASDAQ:SMTC) has a market capitalization of $1.38 billion and generates $756.53 million in revenue each year. The semiconductor company earns $61.38 million in net income (profit) each year or $0.96 on an earnings per share basis.

How many employees does Semtech have?

The company employs 2,248 workers across the globe.

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
How can I contact Semtech?

Semtech's mailing address is 200 FLYNN ROAD, CAMARILLO CA, 93012. The official website for the company is www.semtech.com. The semiconductor company can be reached via phone at (805) 498-2111, via email at webir@semtech.com, or via fax at 805-498-3804.

This page (NASDAQ:SMTC) was last updated on 5/31/2023 by MarketBeat.com Staff

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