Semtech Announces Third Quarter of Fiscal Year 2025 Results
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November 26, 2024 6:48 AM EST
Northland analyst Gus Richard raised the price target on Semtech Corp. (NASDAQ: SMTC) to $60.00 (from $46.00) while maintaining a Outperform rating.
The analyst comments "Reported a solid quarter and raised guidance above consensus. SMTC's physical layers networking products have the highest margin and the most... More
November 26, 2024 6:47 AM EST
Needham analyst N. Quinn Bolton raised the price target on Semtech Corp. (NASDAQ: SMTC) to $70.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "Semtech reported another beat and raise, again driven by data center related infrastructure shipments. Our... More
November 25, 2024 4:20 PM EST
Semtech (NASDAQ: SMTC) reported Q3 EPS of $0.26, $0.03 better than the analyst estimate of $0.23. Revenue for the quarter came in at $236.8 million versus the consensus estimate of $232.89 million.
GUIDANCE:
Semtech sees Q4 2025 EPS of $0.29-$0.35, versus the consensus of $0.27. Semtech sees Q4... More
