Lattice Semiconductor (NASDAQ:LSCC) Upgraded to “Strong-Buy” at Zacks Research

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Tuesday,Zacks.com reports.

Several other research analysts have also recently weighed in on LSCC. Benchmark boosted their price objective on shares of Lattice Semiconductor from $82.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. TD Cowen boosted their price objective on shares of Lattice Semiconductor from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group upped their target price on shares of Lattice Semiconductor from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Wall Street Zen upgraded shares of Lattice Semiconductor from a “hold” rating to a “buy” rating in a research report on Sunday, February 15th. Finally, KeyCorp upped their target price on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the company an “overweight” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $129.07.

Read Our Latest Report on LSCC

Lattice Semiconductor Price Performance

Shares of LSCC opened at $125.65 on Tuesday. The company has a market capitalization of $17.22 billion, a P/E ratio of 897.56, a PEG ratio of 3.12 and a beta of 1.76. Lattice Semiconductor has a one year low of $43.90 and a one year high of $130.00. The business’s 50 day simple moving average is $104.28 and its 200-day simple moving average is $88.05.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last posted its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.05. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The firm had revenue of $170.90 million during the quarter, compared to analysts’ expectations of $164.93 million. During the same quarter in the previous year, the company posted $0.22 EPS. Lattice Semiconductor’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, sell-side analysts anticipate that Lattice Semiconductor will post 1.01 EPS for the current fiscal year.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,366 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $92.41, for a total transaction of $218,642.06. Following the completion of the sale, the senior vice president owned 80,826 shares in the company, valued at approximately $7,469,130.66. The trade was a 2.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ford Tamer sold 3,544 shares of the company’s stock in a transaction on Monday, March 9th. The shares were sold at an average price of $90.63, for a total transaction of $321,192.72. Following the sale, the chief executive officer owned 281,883 shares of the company’s stock, valued at $25,547,056.29. The trade was a 1.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 48,814 shares of company stock worth $4,744,524. 0.62% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Several institutional investors and hedge funds have recently made changes to their positions in LSCC. Invesco Ltd. grew its holdings in shares of Lattice Semiconductor by 177.3% in the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after buying an additional 3,885,482 shares during the period. Capital Research Global Investors grew its holdings in shares of Lattice Semiconductor by 66.4% in the 3rd quarter. Capital Research Global Investors now owns 4,597,217 shares of the semiconductor company’s stock valued at $337,068,000 after buying an additional 1,834,440 shares during the period. William Blair Investment Management LLC acquired a new position in shares of Lattice Semiconductor in the 3rd quarter valued at $102,185,000. Bank of America Corp DE grew its holdings in shares of 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 buying an additional 1,390,109 shares during the period. Finally, M&T Bank Corp acquired a new position in shares of Lattice Semiconductor in the 4th quarter valued at $85,714,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

Lattice Semiconductor Company Profile

(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.

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