Page 2 - Semtech Daily News Today

Semtech (NASDAQ:SMTC – Get Free Report) had its price objective hoisted by analysts at Needham & Company LLC from $26.00 to $38.00 in a research note issued on Monday, Benzinga reports. The firm presently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s price target suggests a potential upside of 34.80% […]

Semtech Co. (NASDAQ:SMTC – Get Free Report)’s share price was up 7.4% during trading on Wednesday . The stock traded as high as $30.72 and last traded at $30.29. Approximately 1,103,821 shares were traded during mid-day trading, a decline of 24% from the average daily volume of 1,452,125 shares. The stock had previously closed at […]

Semtech (NASDAQ:SMTC – Get Free Report)‘s stock had its “overweight” rating reaffirmed by equities researchers at Piper Sandler in a research report issued to clients and investors on Monday, Benzinga reports. They presently have a $40.00 price objective on the semiconductor company’s stock, up from their previous price objective of $30.00. Piper Sandler’s price target […]

Semtech (NASDAQ:SMTC – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of -0.040-0.040 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $200.6 million. Semtech also […]

Robert W. Baird reissued their outperform rating on shares of Semtech (NASDAQ:SMTC – Free Report) in a research note published on Tuesday, Benzinga reports. The firm currently has a $40.00 price target on the semiconductor company’s stock. SMTC has been the subject of a number of other research reports. Roth Mkm reduced their price target […]

Semtech (NASDAQ:SMTC – Get Free Report) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $(0.04)-$0.04 for the period, compared to the consensus estimate of $0.02. The company issued revenue guidance of $195-205 million, compared to the consensus revenue estimate of $195.28 million. Analysts Set New Price […]

Semtech (NASDAQ:SMTC – Get Free Report) is set to issue its quarterly earnings data after the market closes on Thursday, March 28th. Analysts expect the company to announce earnings of ($0.05) per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link. Semtech Price […]

Semtech Co. (NASDAQ:SMTC – Get Free Report) has earned an average rating of “Buy” from the eleven research firms that are currently covering the stock, MarketBeat.com reports. Eleven research analysts have rated the stock with a buy recommendation. The average 12 month target price among brokerages that have updated their coverage on the stock in […]

Semtech Co. (NASDAQ:SMTC – Get Free Report) was the target of unusually large options trading activity on Tuesday. Investors bought 7,055 call options on the company. This is an increase of approximately 312% compared to the typical daily volume of 1,713 call options. Semtech Price Performance Shares of SMTC traded up $2.56 during mid-day trading […]

PEAK6 Investments LLC trimmed its holdings in shares of Semtech Co. (NASDAQ:SMTC – Free Report) by 5.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,455 shares of the semiconductor company’s stock after selling 3,313 shares during the period. PEAK6 […]