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Semtech/$SMTC

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About Semtech

Semtech Corp is a provider of high-performance semiconductors powering data center networking, Internet of Things ("IoT") connectivity, and cellular infrastructure solutions. The company designs, develops, manufactures, and markets a diverse portfolio of products for commercial applications, addressing the infrastructure, high-end consumer, and industrial end markets. The company operates in four reportable segments: Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems, and Connected Services. The majority of the company's revenue is earned through the Analog Mixed Signal and Wireless segment. Geographically, the majority of the company's revenue is earned from the Asia Pacific region; the company also operates in North America and Europe.
Ticker
$SMTC
Sector
Semiconductors
Primary listing
NASDAQ
Employees
1,920

Semtech Metrics

BasicAdvanced
$12B
78.79
$1.62
2.35
-

What the Analysts think about Semtech

Analyst ratings (Buy, Hold, Sell) for Semtech stock.
Analyst projections of the future price of Semtech stock.

Bulls say / Bears say

Data-centre sales reached a record $100 million in Q2, up 91% year on year, and Semtech forecast a further 45% sequential increase in Q3. Its $410 million Q3 revenue midpoint points to strong near-term growth. (Semtech)
LoRa-enabled sales hit a record $58 million in Q2, up 58% year on year, and management expects about 65% year-on-year LoRa growth in Q3. That gives Semtech a second growth engine alongside data centres. (The Motley Fool)
Selling the cellular module business could improve the company’s margin mix: management forecast Q3 adjusted gross margin of 63.9% excluding that business, against 58.3% on a consolidated basis. The planned exit also sharpens Semtech’s focus on higher-growth semiconductor areas. (The Motley Fool)
The shares may already price in substantial growth: Northland downgraded Semtech to Market Perform, saying the shares traded at 32 times its fiscal 2028 earnings estimate and that expected results offered little fresh catalyst. A high valuation leaves less room for delays or weaker growth. (Investing.com)
Semtech warned that the manufacturing capacity it has secured may not be enough to support fiscal 2028 demand. If it cannot secure more production capacity in time, it could struggle to fulfil orders and capture the expected growth. (The Motley Fool)
The business has material exposure to trade and supply-chain disruption: about 70% of Q2 sales went to Asia-Pacific customers, and Semtech says export restrictions and tariffs can affect sales and margins. These risks could weigh on results even if underlying demand remains firm. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 15 Oct 2026.

Semtech Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Semtech Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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