SMTC
$73.60-4.75 (-6.06%)
Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.
Recent News
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Craig-Hallum Raises PT on Semtech (SMTC) Stock
Semtech Corporation (NASDAQ:SMTC) is one of the Best Semiconductor Stocks to Invest In Now. On March 17, Craig-Hallum analyst Anthony Stoss lifted the firm’s price objective on the company’s stock to $105 from $80, while keeping a “Buy” rating, as reported by The Fly. As per the firm, investors can consider owning the company’s stock ahead of […]
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Semtech price target raised to $105 from $80 at Craig-Hallum
Craig-Hallum analyst Anthony Stoss raised the firm’s price target on Semtech (SMTC) to $105 from $80 and keeps a Buy rating on the shares. The firm believes investors should own Semtech ahead of stronger data center growth as LPO/TIA and ACC ramps begin to take shape. Management is calling for total data center revenues to grow 50%-plus in FY27. Further, Craig-Hallum highlights Semtech began initial shipments of their LPO product and expect initial 1.6T ACC shipments during the April quarter. Cl
A Look At Semtech (SMTC) Valuation After Record Sales And AI Focused Earnings Update
Why Semtech’s latest quarter matters for SMTC shareholders Semtech (SMTC) just reported fourth quarter and full year results that paired record annual sales with an annual net loss, alongside fresh guidance for early fiscal 2027 and a slate of new AI focused optical products. See our latest analysis for Semtech. The earnings release, new AI focused optical products and the 400G Optical MSA alliance arrived alongside a sharp 11% one day share price decline. However, the 1 year total...