Semtech Corp. (SMTC) PT Raised to $70 at Needham
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Semtech Corp. (SMTC) PT Raised to $60 at Northland
November 26, 2024 6:48 AM ESTNorthland 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
Baird Reiterates Outperform Rating on Semtech Corp. (SMTC)
November 26, 2024 6:43 AM ESTBaird analyst Tristan Gerra reiterated an Outperform rating and $80.00 price target on Semtech Corp. (NASDAQ: SMTC).
The analyst commented: "Ongoing execution with the initial ramp of Semtech's ACC solution drove 24% QoQ growth in Infrastructure revenue in the quarter, with every other business rebounding... More
Semtech (SMTC) Tops Q3 EPS by 3c, Offers Guidance
November 25, 2024 4:20 PM ESTSemtech (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
Semtech Corp. (SMTC) PT Raised to $58 at Stifel
November 22, 2024 2:57 PM ESTStifel analyst Tore Svanberg raised the price target on Semtech Corp. (NASDAQ: SMTC) to $58.00 (from $50.00) while maintaining a Buy rating.
The analyst comments "Expect in-line Oct Q results with bias to the upside, contemplating the following end market expectations: (1) Infrastructure to increase sequentially, driven... More
