Semtech Announces Third Quarter of Fiscal Year 2025 Results

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Semtech Corp. (SMTC) PT Raised to $60 at Northland

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

Semtech Corp. (SMTC) PT Raised to $70 at Needham

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

Semtech (SMTC) Tops Q3 EPS by 3c, Offers Guidance

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