Semtech (SMTC) – Investment Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Semtech (NASDAQ: SMTC) in the last few weeks:

• 11/4/2026 – Semtech was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 10/21/2026 – Semtech was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 10/16/2026 – Semtech was given a new $230.00 price target by DA Davidson.
• 10/16/2026 – Semtech was given a new $205.00 price target by Morgan Stanley.
• 10/16/2026 – Semtech had its “buy” rating reaffirmed by TD Cowen. They now have a $215.00 price target on the stock.
• 10/16/2026 – Semtech had its price target lowered by Stifel Nicolaus from $220.00 to $200.00. They now have a “buy” rating on the stock.
• 10/16/2026 – Semtech was upgraded by Northland Securities from “market perform” to “outperform”. They now have a $186.00 price target on the stock.
• 10/13/2026 – Semtech had its price target raised by BMO Capital Markets from $155.00 to $230.00. They now have an “outperform” rating on the stock.
• 10/9/2026 – Semtech was downgraded by Northland Securities from “outperform” to “market perform”.
• 10/6/2026 – Semtech was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
• 10/5/2026 – Semtech had its price target raised by Stifel Nicolaus from $188.00 to $220.00. They now have a “buy” rating on the stock.
• 10/1/2026 – Semtech had its price target raised by Oppenheimer from $200.00 to $225.00. They now have an “outperform” rating on the stock.
• 9/22/2026 – Semtech is now covered by Seaport Research Partners. They set a “buy” rating and a $200.00 price target on the stock.
• 9/22/2026 – Semtech was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 9/22/2026 – Semtech was upgraded by Seaport Research Partners to “strong-buy”.
• 9/21/2026 – Semtech was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/9/2026 – Semtech was upgraded by Weiss Ratings from “sell (d-)” to “hold (c-)”.

Semtech Stock Up 12.7%

Shares of NASDAQ SMTC traded up $11.67 during trading on Friday, reaching $103.21. The company had a trading volume of 4,036,045 shares, compared to its average volume of 3,474,323. The stock has a market cap of $9.63 billion, a PE ratio of 68.35 and a beta of 2.50. The company has a quick ratio of 1.31, a current ratio of 1.70 and a debt-to-equity ratio of 0.47. Semtech Corporation has a 12-month low of $60.28 and a 12-month high of $201.99. The business’s 50-day moving average is $155.15 and its 200 day moving average is $125.55.

Semtech (NASDAQ:SMTC) last issued its earnings results on Tuesday, August 25th. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.10. Semtech had a net margin of 13.11% and a return on equity of 21.74%. The firm had revenue of $341.87 million for the quarter, compared to the consensus estimate of $328.67 million. During the same quarter in the prior year, the firm posted $0.41 earnings per share. The business’s revenue was up 32.7% on a year-over-year basis. Semtech has set its Q3 2027 guidance at 1.020-1.080 EPS. As a group, equities analysts forecast that Semtech Corporation will post 2.80 earnings per share for the current fiscal year.

Insider Buying and Selling at Semtech

In other Semtech news, CEO Hong Q. Hou sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $138.71, for a total transaction of $277,420.00. Following the sale, the chief executive officer owned 60,799 shares in the company, valued at approximately $8,433,429.29. This trade represents a 3.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julie Ruehl sold 1,500 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $145.00, for a total value of $217,500.00. Following the sale, the director directly owned 7,140 shares in the company, valued at approximately $1,035,300. This represents a 17.36% decrease in their ownership of the stock. 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 ninety days, insiders have sold 14,237 shares of company stock worth $2,337,597. Insiders own 0.44% of the company’s stock.

Semtech Corporation (NASDAQ:SMTC) is a global semiconductor and infrastructure technology company that develops analog and mixed-signal products for communications, industrial, data center, consumer, and automotive applications. Its portfolio is designed to improve connectivity, power efficiency, signal integrity, and protection in electronic systems.

The company’s products include high-speed connectivity solutions for data centers and communications networks, power management and protection devices, signal integrity components, and wireless and radio-frequency technologies.