Semtech Corporation (NASDAQ:SMTC) Stock Rated “Moderate Buy” by Sell-Side Analysts

Posted by George Bondi on Nov 1st, 2026

Shares of Semtech Corporation (NASDAQ:SMTC – Get Free Report) have been given an average rating of “Moderate Buy” by the nineteen brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $213.11.

Several research firms have commented on SMTC. Seaport Research Partners assumed coverage on shares of Semtech in a research report on Tuesday, September 22nd. They issued a “buy” rating and a $200.00 target price for the company. Morgan Stanley set a $205.00 price objective on shares of Semtech in a research note on Friday, October 16th. Zacks Research upgraded shares of Semtech from a “hold” rating to a “strong-buy” rating in a report on Monday, September 21st. Benchmark reissued a “buy” rating on shares of Semtech in a research report on Thursday, August 20th. Finally, Roth Capital set a $220.00 target price on Semtech in a report on Wednesday, August 26th.

Check Out Our Latest Research Report on Semtech

Insider Activity

In other Semtech news, Director Rodolpho Cardenuto sold 5,321 shares of Semtech stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $165.00, for a total transaction of $877,965.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Hong Hou sold 2,000 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $138.71, for a total value of $277,420.00. Following the completion of the sale, the chief executive officer directly owned 60,799 shares in the company, valued at approximately $8,433,429.29. This represents a 3.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 14,237 shares of company stock worth $2,337,597. Corporate insiders own 0.44% of the company’s stock.

Institutional Investors Weigh In On Semtech

Hedge funds and other institutional investors have recently made changes to their positions in the company. ABS Investment Management LLC purchased a new position in shares of Semtech during the 2nd quarter worth approximately $178,035,000. FNY Investment Advisers LLC boosted its position in shares of Semtech by 900.0% during the second quarter. FNY Investment Advisers LLC now owns 200 shares of the semiconductor company’s stock worth $32,000 after buying an additional 180 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Semtech in the second quarter valued at $32,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of Semtech in the 3rd quarter valued at $53,000. Finally, Signature Equity Partners LLC purchased a new stake in shares of Semtech in the 3rd quarter valued at $56,000.

Semtech Price Performance

Shares of SMTC opened at $127.38 on Friday. The stock’s 50 day moving average is $157.16 and its two-hundred day moving average is $124.68. The firm has a market capitalization of $11.89 billion, a PE ratio of 84.36 and a beta of 2.41. The company has a current ratio of 1.70, a quick ratio of 1.31 and a debt-to-equity ratio of 0.47. Semtech has a twelve month low of $60.28 and a twelve month high of $201.99.

Semtech (NASDAQ:SMTC – Get Free Report) last announced its earnings results on Tuesday, August 25th. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $328.67 million. During the same quarter last year, the business earned $0.41 earnings per share. Semtech’s revenue was up 32.7% compared to the same quarter last year. Semtech has set its Q3 2027 guidance at 1.020-1.080 EPS. Research analysts anticipate that Semtech will post 2.80 earnings per share for the current year.

Semtech Company Profile

(Get Free Report)

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.