Lattice Semiconductor (NASDAQ:LSCC) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Lattice Semiconductor (NASDAQ:LSCCFree Report) from a buy rating to a strong-buy rating in a research note published on Saturday morning.

Several other equities analysts have also recently issued reports on the company. Stifel Nicolaus boosted their price objective on Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. TD Cowen boosted their price target on Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a report on Monday, July 13th. Robert W. Baird upped their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 5th. Finally, Jefferies Financial Group raised their price objective on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday. Twelve research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $144.38.

Check Out Our Latest Analysis on Lattice Semiconductor

Lattice Semiconductor Trading Up 1.0%

Shares of Lattice Semiconductor stock opened at $130.03 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.69. The firm has a fifty day moving average price of $137.41 and a 200 day moving average price of $115.69. Lattice Semiconductor has a 1 year low of $59.37 and a 1 year high of $157.01. The stock has a market cap of $17.82 billion, a PE ratio of 500.12, a price-to-earnings-growth ratio of 2.16 and a beta of 1.81.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same period in the previous year, the firm posted $0.24 earnings per share. The firm’s quarterly revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Equities research analysts predict that Lattice Semiconductor will post 1.02 earnings per share for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other news, SVP Pravin Desale sold 2,039 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the transaction, the senior vice president owned 73,519 shares in the company, valued at $10,505,129.91. This trade represents a 2.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total transaction of $416,041.60. Following the completion of the sale, the senior vice president directly owned 63,084 shares in the company, valued at $9,578,674.56. This represents a 4.16% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 10,880 shares of company stock valued at $1,646,582. Company insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Lattice Semiconductor in the second quarter worth approximately $2,637,161,000. Invesco Ltd. increased its position in shares of Lattice Semiconductor by 177.3% during the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock worth $445,538,000 after purchasing an additional 3,885,482 shares in the last quarter. Bank of America Corp DE raised its stake in Lattice Semiconductor by 77.4% in the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after purchasing an additional 1,390,109 shares during the last quarter. M&T Bank Corp acquired a new position in Lattice Semiconductor in the 4th quarter valued at $85,714,000. Finally, TimesSquare Capital Management LLC purchased a new position in Lattice Semiconductor in the 2nd quarter valued at $173,633,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

(Get Free Report)

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.

Further Reading

Analyst Recommendations for Lattice Semiconductor (NASDAQ:LSCC)

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