Lattice Semiconductor (NASDAQ:LSCC) Stock Price Target Cut by TD Cowen

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) had its price target decreased by stock analysts at TD Cowen from $165.00 to $130.00 in a research report issued on Monday, Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. TD Cowen’s price objective would indicate a potential upside of 19.56% from the company’s current price.

Other analysts have also recently issued reports about the company. Benchmark assumed coverage on Lattice Semiconductor in a research report on Tuesday, August 25th. They set a “buy” rating and a $160.00 price target on the stock. Needham & Company LLC raised their price target on Lattice Semiconductor from $140.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Rosenblatt Securities restated a “buy” rating and set a $175.00 price objective on shares of Lattice Semiconductor in a research report on Tuesday, August 4th. Royal Bank Of Canada upped their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Lattice Semiconductor has a consensus rating of “Moderate Buy” and an average price target of $144.77.

Read Our Latest Stock Analysis on Lattice Semiconductor

Lattice Semiconductor Price Performance

Shares of NASDAQ:LSCC opened at $108.73 on Monday. The company has a market cap of $14.90 billion, a PE ratio of 178.71, a P/E/G ratio of 1.59 and a beta of 1.83. Lattice Semiconductor has a fifty-two week low of $60.50 and a fifty-two week high of $157.01. The firm has a 50-day simple moving average of $119.56 and a 200 day simple moving average of $126.19. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter last year, the company posted $0.24 earnings per share. Lattice Semiconductor’s revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, sell-side analysts anticipate that Lattice Semiconductor will post 1.10 EPS for the current year.

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $111.83, for a total transaction of $228,021.37. Following the completion of the transaction, the senior vice president directly owned 73,456 shares of the company’s stock, valued at $8,214,584.48. The trade was a 2.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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. Also, SVP Tracy Feanny sold 1,880 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the completion of the transaction, the senior vice president owned 60,221 shares of the company’s stock, valued at approximately $7,613,741.03. This trade represents a 3.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 19,661 shares of company stock valued at $2,587,259 in the last ninety days. Company insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

Several hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. bought a new position in Lattice Semiconductor in the 2nd quarter worth approximately $2,637,161,000. William Blair Investment Management LLC bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $177,497,000. TimesSquare Capital Management LLC bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $173,633,000. Bank of New York Mellon Corp bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $139,705,000. Finally, Bank of America Corp DE bought a new stake in Lattice Semiconductor during the 2nd quarter valued at $94,740,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

(Get Free Report)

Lattice Semiconductor Corporation (NASDAQ: LSCC) designs and develops low-power programmable semiconductor devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system control solutions, and connectivity products that enable customers to configure and update electronic systems after manufacturing.

The company’s products are used in communications and networking equipment, industrial systems, automotive applications, data-center and computing hardware, consumer electronics, and aerospace and defense products.

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