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S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Biden To Unleash "Choke Point" Operation On America? (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Biden To Unleash "Choke Point" Operation On America? (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
This Tech Stock Could be the Next Amazon (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Biden To Unleash "Choke Point" Operation On America? (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Biden To Unleash "Choke Point" Operation On America? (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
This Tech Stock Could be the Next Amazon (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Biden To Unleash "Choke Point" Operation On America? (Ad)
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Biden To Unleash "Choke Point" Operation On America? (Ad)
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
This Tech Stock Could be the Next Amazon (Ad)pixel
Is Braze, Inc Ready To Rocket Higher? 
Can Frontline Maintain This Momentum?
NASDAQ:SMTC

Semtech - SMTC Stock Forecast, Price & News

$24.14
-1.11 (-4.40%)
(As of 03/31/2023 12:00 AM ET)
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Compare
Today's Range
$24.00
$25.15
50-Day Range
$24.14
$34.74
52-Week Range
$23.56
$73.48
Volume
4.40 million shs
Average Volume
1.17 million shs
Market Capitalization
$1.54 billion
P/E Ratio
25.15
Dividend Yield
N/A
Price Target
$47.45

Semtech MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
91.7% Upside
$46.27 Price Target
Short Interest
Bearish
13.12% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.71
Upright™ Environmental Score
News Sentiment
-0.03mentions of Semtech in the last 14 days
Based on 25 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.73%
From $1.85 to $2.03 Per Share

Overall MarketRank

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

2.37 out of 5 stars

Computer And Technology Sector

190th out of 618 stocks

Semiconductors & Related Devices Industry

30th out of 87 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

Company News for Mar 31, 2023
Why Semtech Stock Dropped This Week
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
Semtech (NASDAQ:SMTC) Stock Rating Lowered by StockNews.com
Semtech (SMTC) Q4 Earnings Lag Estimates
Biden To Unleash "Choke Point" Operation On America?
Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.
B. Riley Upgrades Semtech (NASDAQ:SMTC) to Buy
Semtech Corporation Announces Maheswaran Retirement
See More Headlines
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SMTC Company Calendar

Last Earnings
12/01/2021
Today
3/31/2023
Next Earnings (Estimated)
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
1,439
Year Founded
1960

Price Target and Rating

Average Stock Price Forecast
$46.27
High Stock Price Forecast
$85.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+96.6%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
11 Analysts

Profitability

Net Income
$125.66 million
Pretax Margin
23.05%

Debt

Sales & Book Value

Annual Sales
$740.86 million
Cash Flow
$2.00 per share
Book Value
$11.51 per share

Miscellaneous

Free Float
63,136,000
Market Cap
$1.54 billion
Optionable
Optionable
Beta
1.70

Social Links


Key Executives

  • Mohan R. MaheswaranMohan R. Maheswaran
    President, Chief Executive Officer & Director
  • Asaf SilbersteinAsaf Silberstein
    Chief Operating Officer
  • 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?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Semtech in the last year. There are currently 6 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SMTC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SMTC, but not buy additional shares or sell existing shares.
View SMTC analyst ratings
or view top-rated stocks.

What is Semtech's stock price forecast for 2023?

11 analysts have issued twelve-month price objectives for Semtech's stock. Their SMTC share price forecasts range from $30.00 to $85.00. On average, they anticipate the company's stock price to reach $46.27 in the next year. This suggests a possible upside of 91.7% 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 beginning of 2023. Since then, SMTC stock has decreased by 15.9% and is now trading at $24.14.
View the best growth stocks for 2023 here
.

Are investors shorting Semtech?

Semtech saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 8,280,000 shares, an increase of 39.4% from the February 28th total of 5,940,000 shares. Based on an average trading volume of 939,000 shares, the days-to-cover ratio is presently 8.8 days. Currently, 13.1% of the shares of the company are short sold.
View Semtech's Short Interest
.

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 were Semtech's earnings last quarter?

Semtech Co. (NASDAQ:SMTC) released its quarterly earnings results on Wednesday, December, 1st. The semiconductor company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02. The semiconductor company earned $194.93 million during the quarter, compared to analyst estimates of $192.92 million. Semtech had a trailing twelve-month return on equity of 21.15% and a net margin of 18.88%. During the same quarter in the prior year, the business earned $0.31 EPS.

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 earnings per share 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 variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (5.86%), Morgan Stanley (3.02%), AQR Capital Management LLC (2.67%), Macquarie Group Ltd. (2.28%), Geode Capital Management LLC (2.07%) and Fisher Asset Management LLC (2.03%). Insiders that own company stock include Alisair Fulton, Alistair Fulton, Asaf Silberstein, Bruce C Edwards, Carmelo J Santoro, 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 $24.14.

How much money does Semtech make?

Semtech (NASDAQ:SMTC) has a market capitalization of $1.54 billion and generates $740.86 million in revenue each year. The semiconductor company earns $125.66 million in net income (profit) each year or $2.29 on an earnings per share basis.

How many employees does Semtech have?

The company employs 1,439 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.
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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 4/1/2023 by MarketBeat.com Staff