Semtech (NASDAQ:SMTC) Releases Q4 Earnings Guidance

Semtech (NASDAQ:SMTC) issued an update on its fourth quarter earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of $0.29-0.35 for the period, compared to the consensus 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 Trading Up 5.0 %

Shares of NASDAQ SMTC opened at $53.44 on Tuesday. Semtech has a 12 month low of $15.63 and a 12 month high of $53.74. The firm has a market capitalization of $4.02 billion, a price-to-earnings ratio of -3.94 and a beta of 1.54. The business has a 50-day moving average of $45.83 and a 200-day moving average of $38.96.

Semtech (NASDAQ:SMTC) last posted its quarterly earnings results on Monday, November 25th. The semiconductor company reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.03. The business had revenue of $236.80 million during the quarter, compared to the consensus estimate of $232.89 million. Semtech had a negative net margin of 107.21% and a negative return on equity of 154.99%. The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.02 earnings per share. On average, analysts predict that Semtech will post -0.07 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Needham & Company LLC reiterated a “buy” rating and issued a $50.00 price objective on shares of Semtech in a research report on Wednesday, August 28th. Stifel Nicolaus increased their price target on shares of Semtech from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. Susquehanna upped their price objective on shares of Semtech from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Thursday, November 21st. Benchmark reissued a “buy” rating and issued a $56.00 target price on shares of Semtech in a research note on Monday, October 7th. Finally, B. Riley upped their price target on Semtech from $58.00 to $61.00 and gave the company a “buy” rating in a research report on Wednesday, August 28th. Three analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Semtech has an average rating of “Moderate Buy” and a consensus target price of $54.10.

Semtech Company Profile

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.