Semtech (NASDAQ:SMTC) Updates Q4 Earnings Guidance

Semtech (NASDAQ:SMTC) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.29-0.35 for the period, compared to the consensus earnings per share estimate of $0.27. The company issued revenue guidance of $245-255 million, compared to the consensus revenue estimate of $242.03 million. Semtech also updated its Q4 2025 guidance to 0.290-0.350 EPS.

Semtech Stock Performance

NASDAQ SMTC opened at $64.20 on Thursday. The stock has a 50-day simple moving average of $46.24 and a two-hundred day simple moving average of $39.12. The firm has a market capitalization of $4.83 billion, a P/E ratio of -4.92 and a beta of 1.54. Semtech has a fifty-two week low of $15.63 and a fifty-two week high of $66.64.

Semtech (NASDAQ:SMTC) last announced its quarterly earnings results on Monday, November 25th. The semiconductor company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.03. Semtech had a negative return on equity of 154.99% and a negative net margin of 99.08%. The company had revenue of $236.80 million during the quarter, compared to analysts’ expectations of $232.89 million. During the same period last year, the business earned $0.02 earnings per share. Semtech’s quarterly revenue was up 17.9% on a year-over-year basis. As a group, analysts forecast that Semtech will post -0.07 earnings per share for the current year.

Wall Street Analysts Forecast Growth

SMTC has been the topic of several analyst reports. Northland Securities raised their price target on shares of Semtech from $46.00 to $60.00 and gave the company an “outperform” rating in a research report on Tuesday. Benchmark raised their target price on Semtech from $56.00 to $82.00 and gave the company a “buy” rating in a research report on Tuesday. Susquehanna upped their price target on Semtech from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Thursday, November 21st. Piper Sandler reissued an “overweight” rating and issued a $75.00 price objective (up from $60.00) on shares of Semtech in a report on Tuesday. Finally, Summit Insights cut Semtech from a “buy” rating to a “hold” rating in a research report on Wednesday, August 28th. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, Semtech currently has an average rating of “Moderate Buy” and a consensus price target of $67.70.

About Semtech

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.