Northland Capmk Brokers Raise Earnings Estimates for Semtech

Semtech Co. (NASDAQ:SMTC) – Equities researchers at Northland Capmk boosted their FY2025 earnings per share (EPS) estimates for shares of Semtech in a note issued to investors on Tuesday, December 10th. Northland Capmk analyst G. Richard now expects that the semiconductor company will earn $0.08 per share for the year, up from their prior estimate of $0.03. The consensus estimate for Semtech’s current full-year earnings is ($0.02) per share. Northland Capmk also issued estimates for Semtech’s Q4 2025 earnings at $0.16 EPS, Q1 2026 earnings at $0.15 EPS, Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.34 EPS, Q4 2026 earnings at $0.44 EPS, FY2026 earnings at $1.13 EPS and FY2027 earnings at $1.83 EPS.

Semtech (NASDAQ:SMTC) last announced its quarterly earnings results on Monday, November 25th. The semiconductor company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.03. Semtech had a negative net margin of 99.08% and a negative return on equity of 154.99%. The company had revenue of $236.80 million during the quarter, compared to the consensus estimate of $232.89 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year.

A number of other equities analysts have also issued reports on the company. Summit Insights lowered Semtech from a “buy” rating to a “hold” rating in a report on Wednesday, August 28th. Northland Securities raised their price target on Semtech from $60.00 to $66.00 and gave the company an “outperform” rating in a report on Tuesday. Needham & Company LLC upped their price objective on shares of Semtech from $70.00 to $74.00 and gave the stock a “buy” rating in a report on Thursday. Roth Mkm raised their target price on shares of Semtech from $50.00 to $60.00 and gave the company a “buy” rating in a research note on Monday, November 25th. Finally, Susquehanna boosted their price target on shares of Semtech from $55.00 to $60.00 and gave the stock a “positive” rating in a research report on Thursday, November 21st. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.70.

Semtech Trading Up 0.7 %

NASDAQ SMTC opened at $64.54 on Thursday. The company has a 50-day moving average price of $51.01 and a two-hundred day moving average price of $41.23. Semtech has a 52 week low of $18.16 and a 52 week high of $70.27. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of -4.95 and a beta of 1.65.

Institutional Investors Weigh In On Semtech

Hedge funds have recently made changes to their positions in the company. Huntington National Bank lifted its stake in Semtech by 105.2% in the 3rd quarter. Huntington National Bank now owns 589 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 302 shares in the last quarter. Ridgewood Investments LLC acquired a new stake in shares of Semtech during the second quarter worth approximately $44,000. Canada Pension Plan Investment Board purchased a new position in Semtech during the second quarter valued at approximately $60,000. NBC Securities Inc. increased its stake in Semtech by 115.8% in the 3rd quarter. NBC Securities Inc. now owns 1,377 shares of the semiconductor company’s stock valued at $62,000 after buying an additional 739 shares during the period. Finally, Quarry LP purchased a new stake in Semtech in the 2nd quarter worth approximately $63,000.

About Semtech

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.