Research Analysts Issue Forecasts for Semtech Q3 Earnings

Semtech Co. (NASDAQ:SMTC) – Research analysts at Roth Capital reduced their Q3 2026 earnings per share (EPS) estimates for shares of Semtech in a report released on Saturday, February 8th. Roth Capital analyst S. Searle now forecasts that the semiconductor company will post earnings per share of $0.37 for the quarter, down from their prior estimate of $0.44. Roth Capital also issued estimates for Semtech’s Q4 2026 earnings at $0.37 EPS.

Other equities analysts also recently issued reports about the company. Northland Securities upped their price target on Semtech from $60.00 to $66.00 and gave the stock an “outperform” rating in a research report on Tuesday, December 10th. B. Riley increased their price target on Semtech from $61.00 to $85.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Stifel Nicolaus lowered their price target on Semtech from $75.00 to $70.00 and set a “buy” rating for the company in a report on Monday. UBS Group assumed coverage on shares of Semtech in a report on Friday, January 17th. They set a “buy” rating and a $85.00 price objective on the stock. Finally, Susquehanna lifted their target price on shares of Semtech from $55.00 to $60.00 and gave the stock a “positive” rating in a research note on Thursday, November 21st. Three investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $67.91.

Semtech Stock Up 1.5 %

NASDAQ:SMTC opened at $38.18 on Tuesday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of -2.93, a PEG ratio of 2.98 and a beta of 1.64. Semtech has a 52 week low of $19.12 and a 52 week high of $79.52. The firm has a 50 day moving average of $64.77 and a 200 day moving average of $50.85.

Semtech (NASDAQ:SMTC) last announced its earnings results on Monday, November 25th. The semiconductor company reported $0.26 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.03. The firm had revenue of $236.80 million during the quarter, compared to the consensus estimate of $232.89 million. During the same quarter in the prior year, the firm posted $0.02 earnings per share. The business’s revenue for the quarter was up 17.9% compared to the same quarter last year.

Institutional Trading of Semtech

Institutional investors have recently bought and sold shares of the business. Huntington National Bank raised its position in shares of Semtech by 105.2% during the 3rd quarter. Huntington National Bank now owns 589 shares of the semiconductor company’s stock worth $27,000 after purchasing an additional 302 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of Semtech by 15.3% during the fourth quarter. GAMMA Investing LLC now owns 3,166 shares of the semiconductor company’s stock valued at $196,000 after acquiring an additional 421 shares during the last quarter. Hanseatic Management Services Inc. lifted its position in shares of Semtech by 3.2% in the third quarter. Hanseatic Management Services Inc. now owns 14,406 shares of the semiconductor company’s stock valued at $658,000 after acquiring an additional 447 shares in the last quarter. Hollencrest Capital Management purchased a new position in shares of Semtech in the fourth quarter valued at approximately $31,000. Finally, Smartleaf Asset Management LLC boosted its stake in shares of Semtech by 190.6% in the fourth quarter. Smartleaf Asset Management LLC now owns 770 shares of the semiconductor company’s stock worth $48,000 after acquiring an additional 505 shares during the last quarter.

Insider Buying and Selling

In other news, COO Asaf Silberstein sold 2,000 shares of the stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of $70.00, for a total transaction of $140,000.00. Following the sale, the chief operating officer now directly owns 76,417 shares of the company’s stock, valued at $5,349,190. This represents a 2.55 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Mark Lin sold 2,990 shares of Semtech stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $59.45, for a total value of $177,755.50. Following the completion of the transaction, the chief financial officer now owns 5,446 shares of the company’s stock, valued at approximately $323,764.70. This represents a 35.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,747 shares of company stock valued at $1,095,061 over the last 90 days. Insiders own 0.60% of the company’s stock.

Semtech Company Profile

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor 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.