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June 13, 2023
StockNews.com cut shares of Semtech (NASDAQ:SMTC – Get Rating) from a hold rating to a sell rating in a research report sent to investors on Friday morning. SMTC has been the subject of a number of other research reports. B. Riley reaffirmed a buy rating and issued a $52.00 price objective on shares of Semtech […]
June 12, 2023
StockNews.com lowered shares of Semtech (NASDAQ:SMTC – Get Rating) from a hold rating to a sell rating in a report published on Friday. Several other equities research analysts also recently commented on the company. Northland Securities began coverage on Semtech in a report on Tuesday, April 11th. They issued an outperform rating and a $32.00 […]
June 9, 2023
Semtech (NASDAQ:SMTC – Get Rating) announced its quarterly earnings results on Wednesday. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.10, MarketWatch Earnings reports. The firm had revenue of $236.50 million for the quarter, compared to analysts’ expectations of $235.00 million. Semtech had a positive […]
June 8, 2023
Semtech (NASDAQ:SMTC – Get Rating) updated its second quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of -$0.02-$0.06 for the period, compared to the consensus EPS estimate of -$0.02. The company issued revenue guidance of $233.00 million-$243.00 million, compared to the consensus revenue estimate of $242.66 million. Semtech also updated its Q2 […]
June 8, 2023
Semtech (NASDAQ:SMTC – Get Rating) issued its earnings results on Wednesday. The semiconductor company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.10, MarketWatch Earnings reports. The company had revenue of $236.50 million during the quarter, compared to analysts’ expectations of $235.00 million. Semtech had a return on […]
June 8, 2023
Semtech (NASDAQ:SMTC – Get Rating) updated its second quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of -$0.02-$0.06 for the period, compared to the consensus EPS estimate of -$0.02. The company issued revenue guidance of $233.00 million-$243.00 million, compared to the consensus revenue estimate of $242.66 million. Semtech also updated its Q2 […]
June 8, 2023
Semtech Co. (NASDAQ:SMTC – Get Rating)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $22.43, but opened at $26.88. Semtech shares last traded at $24.41, with a volume of 1,473,047 shares. The semiconductor company reported ($0.14) EPS for the quarter, missing […]
June 6, 2023
Semtech (NASDAQ:SMTC – Get Rating) is set to post its 4/30/2023 quarterly earnings results after the market closes on Wednesday, June 7th. Analysts expect Semtech to post earnings of ($0.07) per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link. Semtech Trading Down […]
June 5, 2023
Semtech (NASDAQ:SMTC – Get Rating) had its target price lowered by Susquehanna from $30.00 to $25.00 in a research note issued to investors on Thursday morning, The Fly reports. Several other brokerages also recently issued reports on SMTC. Northland Securities began coverage on shares of Semtech in a research report on Tuesday, April 11th. They […]
June 4, 2023
Semtech (NASDAQ:SMTC – Get Rating) had its price objective decreased by Susquehanna from $30.00 to $25.00 in a report issued on Thursday, The Fly reports. Several other analysts also recently commented on SMTC. Robert W. Baird dropped their price objective on Semtech from $48.00 to $40.00 and set an outperform rating on the stock in […]