Lattice Semiconductor (NASDAQ:LSCC) Cut to “Buy” at Wall Street Zen

Wall Street Zen cut shares of Lattice Semiconductor (NASDAQ:LSCC) from a strong-buy rating to a buy rating in a report published on Monday.

Several other brokerages also recently weighed in on LSCC. Rosenblatt Securities raised their price target on shares of Lattice Semiconductor from $105.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. KeyCorp upped their price objective on Lattice Semiconductor from $125.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. Jefferies Financial Group increased their target price on Lattice Semiconductor from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Weiss Ratings raised Lattice Semiconductor from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, April 21st. Finally, Stifel Nicolaus boosted their price target on Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Thirteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $132.29.

Lattice Semiconductor Trading Up 1.0%

Lattice Semiconductor stock opened at $137.17 on Monday. Lattice Semiconductor has a 12 month low of $46.43 and a 12 month high of $157.01. The company has a market capitalization of $18.79 billion, a price-to-earnings ratio of 979.86, a price-to-earnings-growth ratio of 3.35 and a beta of 1.78. The business’s fifty day simple moving average is $139.93 and its two-hundred day simple moving average is $112.24.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Monday, May 4th. The semiconductor company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.05. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The firm had revenue of $170.90 million during the quarter, compared to the consensus estimate of $164.93 million. During the same period last year, the company earned $0.22 earnings per share. The company’s revenue was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. On average, equities research analysts predict that Lattice Semiconductor will post 1.02 EPS for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, Director James P. Lederer sold 6,101 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the sale, the director owned 41,201 shares in the company, valued at approximately $6,342,481.94. This trade represents a 12.90% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Pravin Desale sold 2,039 shares of the firm’s 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 sale, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. The trade was a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders sold 14,080 shares of company stock worth $2,045,078. 0.62% of the stock is currently owned by insiders.

Institutional Trading of Lattice Semiconductor

Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada boosted its position in shares of Lattice Semiconductor by 213.3% during the first quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company’s stock worth $9,280,000 after acquiring an additional 120,464 shares during the last quarter. AQR Capital Management LLC increased its holdings in Lattice Semiconductor by 59.5% in the 1st quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company’s stock valued at $460,000 after acquiring an additional 3,283 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Lattice Semiconductor by 37.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company’s stock valued at $50,535,000 after acquiring an additional 264,329 shares during the last quarter. Cetera Investment Advisers increased its holdings in Lattice Semiconductor by 28.8% in the 2nd quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company’s stock valued at $315,000 after acquiring an additional 1,440 shares during the last quarter. Finally, Guggenheim Capital LLC lifted its stake in Lattice Semiconductor by 9.5% in the 2nd quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company’s stock worth $967,000 after purchasing an additional 1,717 shares in the last quarter. 98.08% of the stock is owned by hedge funds and other institutional investors.

About Lattice Semiconductor

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.