📰 Semtech Daily News
Page 4 - Semtech Daily News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Semtech Daily. Real-time updates on events, politics, business and more.
December 7, 2023
Semtech (NASDAQ:SMTC – Get Free Report) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $(0.11)-0.01 for the period, compared to the consensus earnings per share estimate of ($0.07). The company issued revenue guidance of $180-200 million, compared to the consensus revenue estimate of […]
December 6, 2023
Semtech (NASDAQ:SMTC – Get Free Report) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $(0.11)-0.01 for the period, compared to the consensus EPS estimate of ($0.07). The company issued revenue guidance of $180-200 million, compared to the consensus revenue estimate of $207.17 million. Semtech Price Performance Shares of SMTC […]
November 1, 2023
Semtech Co. (NASDAQ:SMTC – Free Report) – Equities researchers at Zacks Research cut their Q3 2024 earnings per share estimates for Semtech in a report issued on Monday, October 30th. Zacks Research analyst S. Mete now anticipates that the semiconductor company will post earnings of ($0.35) per share for the quarter, down from their prior […]
October 25, 2023
Semtech Co. (NASDAQ:SMTC – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday after Susquehanna lowered their price target on the stock from $30.00 to $25.00. Susquehanna currently has a positive rating on the stock. Semtech traded as low as $15.06 and last traded at $15.22, with a volume […]
October 20, 2023
Semtech (NASDAQ:SMTC – Get Free Report) issued an update on its third quarter earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of ($0.22)-(0.09) for the period, compared to the consensus estimate of ($0.15). The company issued revenue guidance of $190-210 million, compared to the consensus revenue estimate of $200.55 million. […]
October 13, 2023
Semtech Co. (NASDAQ:SMTC – Get Free Report) shares fell 4.8% on Friday . The company traded as low as $22.30 and last traded at $22.30. 243,967 shares traded hands during trading, a decline of 83% from the average session volume of 1,429,030 shares. The stock had previously closed at $23.42. Analyst Upgrades and Downgrades Several […]
October 9, 2023
StockNews.com started coverage on shares of Semtech (NASDAQ:SMTC – Free Report) in a research report released on Thursday. The firm issued a sell rating on the semiconductor company’s stock. A number of other brokerages have also recently weighed in on SMTC. TheStreet cut shares of Semtech from a c- rating to a d rating in […]
October 8, 2023
StockNews.com began coverage on shares of Semtech (NASDAQ:SMTC – Free Report) in a research report released on Thursday. The brokerage issued a sell rating on the semiconductor company’s stock. A number of other equities analysts have also weighed in on SMTC. Craig Hallum lowered their price objective on Semtech from $35.00 to $30.00 and set […]
October 2, 2023
Semtech Co. (NASDAQ:SMTC – Free Report) – Equities researchers at Zacks Research dropped their Q1 2026 EPS estimates for Semtech in a research note issued on Wednesday, September 27th. Zacks Research analyst S. Mete now forecasts that the semiconductor company will earn $0.38 per share for the quarter, down from their previous estimate of $0.49. […]
September 30, 2023
Semtech Co. (NASDAQ:SMTC – Get Free Report) was the target of some unusual options trading activity on Thursday. Stock traders bought 4,028 call options on the stock. This is an increase of 147% compared to the average daily volume of 1,629 call options. Semtech Stock Down 1.1 % SMTC traded down $0.29 during trading on […]