Stay updated with breaking news from Semtech Daily. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 […]