Semtech (NASDAQ:SMTC) Issues Q2 2027 Earnings Guidance

Posted by Brenda Bartman on May 26th, 2026

Semtech (NASDAQ:SMTC – Get Free Report) issued an update on its second quarter 2027 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.590-0.630 for the period, compared to the consensus earnings per share estimate of 0.490. The company issued revenue guidance of $323.0 million-$333.0 million, compared to the consensus revenue estimate of $300.4 million.

Semtech Trading Up 4.9%

NASDAQ:SMTC traded up $7.68 during midday trading on Tuesday, reaching $164.46. 8,450,526 shares of the stock traded hands, compared to its average volume of 2,243,860. The company has a fifty day moving average of $102.46 and a 200 day moving average of $86.90. Semtech has a 12 month low of $34.59 and a 12 month high of $168.29. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.66 and a current ratio of 2.37. The stock has a market capitalization of $15.31 billion, a P/E ratio of -373.77 and a beta of 2.22.

Semtech (NASDAQ:SMTC – Get Free Report) last posted its quarterly earnings results on Tuesday, May 26th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.06. Semtech had a negative net margin of 3.86% and a positive return on equity of 18.09%. The company had revenue of $291.00 million during the quarter, compared to analyst estimates of $283.53 million. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. On average, research analysts predict that Semtech will post 1.6 EPS for the current year.

Wall Street Analysts Forecast Growth

SMTC has been the subject of a number of recent analyst reports. Weiss Ratings lowered shares of Semtech from a “hold (c-)” rating to a “sell (d-)” rating in a report on Tuesday, March 24th. Needham & Company LLC upped their price target on shares of Semtech from $100.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, March 17th. UBS Group upped their price target on shares of Semtech from $105.00 to $165.00 and gave the company a “buy” rating in a report on Monday, May 18th. TD Cowen reiterated a “buy” rating on shares of Semtech in a report on Tuesday, February 24th. Finally, B. Riley Financial reissued a “buy” rating on shares of Semtech in a research report on Tuesday, May 12th. Thirteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $118.50.

Get Our Latest Stock Analysis on Semtech

Insider Buying and Selling at Semtech

In other Semtech news, EVP Jason Elliot Green sold 7,500 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $81.73, for a total transaction of $612,975.00. Following the transaction, the executive vice president directly owned 8,811 shares of the company’s stock, valued at approximately $720,123.03. The trade was a 45.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Hong Q. Hou sold 2,000 shares of the business’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $90.11, for a total transaction of $180,220.00. Following the transaction, the chief executive officer directly owned 73,228 shares in the company, valued at approximately $6,598,575.08. The trade was a 2.66% 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. In the last quarter, insiders sold 36,884 shares of company stock worth $3,069,245. 0.48% of the stock is owned by corporate insiders.

Institutional Trading of Semtech

Hedge funds and other institutional investors have recently modified their holdings of the business. MML Investors Services LLC purchased a new stake in shares of Semtech in the 4th quarter worth about $217,000. Tidal Investments LLC purchased a new stake in shares of Semtech in the 2nd quarter worth about $209,000. Evergreen Capital Management LLC purchased a new stake in shares of Semtech in the 2nd quarter worth about $206,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Semtech by 821.7% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,544 shares of the semiconductor company’s stock worth $182,000 after buying an additional 2,268 shares during the period. Finally, Quadrant Capital Group LLC purchased a new stake in shares of Semtech in the 3rd quarter worth about $162,000.

About Semtech

(Get Free Report)

Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.

A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.

Earnings History and Estimates for Semtech (NASDAQ:SMTC)

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