Semtech (SMTC) Tops Q1 EPS by 1c

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Needham Reiterates Buy Rating on Semtech Corp. (SMTC)

May 28, 2025 6:43 AM EDT

Needham analyst N. Quinn Bolton reiterated a Buy rating and $54.00 price target on Semtech Corp. (NASDAQ: SMTC)

The analyst comments "Semtech reported solid F1Q26 results and F2Q26 guidance, driven by data center related infrastructure shipments and LoRa-enabled solutions. Our key takes... More