A month has gone by since the last earnings report for Semtech (SMTC) . Shares have added about 2.2% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Semtech due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Semtech's Q3 Earnings Beat, Sales Rise Y/YSemtech Corporati ...

Semtech Corporation (SMTC) has delivered a stellar performance in 2024, with its stock skyrocketing 190% year to date (YTD), outperforming the broader market and industry peers. The Zacks Semiconductor - Analog and Mixed industry has declined 8.3% YTD. Semtech has outperformed the Zacks Computer and Technology sector and the S&P 500’s return of 30.4% and 24%, respectively.SMTC has also outperformed its industry peers, including Analog Devices (ADI) , ON Semiconductors (ON) and NXP Semiconductors (NXPI) . Th ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, it's pretty easy to find cutting-edge growth sto ...

Semtech TodaySMTCSemtech$66.96 +1.81 (+2.78%) 52-Week Range$18.16▼$70.27Price Target$68.70Add to WatchlistSemtech Co. NASDAQ: SMTC makes analog and mixed-signal chips that enable optical data transmission, sensing, and advanced high-speed connectivity solutions. Its products are used in consumer electronics, infrastructure, industrial applications, data centers, and Internet of Things (IoT) systems. The company’s turnaround is impressive as its revenue has returned to growth since its fiscal first quarter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________________ FORM 10-Q ____________________________________ (Mark One) ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended October 27, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number 001-06395 ____________________________________ SEMTECH C ...

Semtech TodaySMTCSemtech$64.04 -0.16 (-0.25%) 52-Week Range$15.63▼$66.64Price Target$67.70Add to WatchlistThe emerging story from the industrial semiconductor market is that these companies are exiting a global inventory correction, and Semtech NASDAQ: SMTC is among the best positioned. Its results prove its market-leading position by resuming growth in Q3, at least a quarter sooner than others are expected to do, and the guidance compounds this.  The guidance is robust, forecasting sequential acceleration ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...

Semtech Corporation (SMTC) reported third-quarter fiscal 2025 non-GAAP earnings of 26 cents per share, which surpassed the Zacks Consensus Estimate by 8.33%. The bottom line also exceeded management’s guidance of 23 cents and showed a robust improvement from the year-ago quarter’s earnings of 2 cents.The company's impressive bottom-line performance demonstrated its operational excellence and effective expense management.Semtech’s earnings beat the Zacks Consensus Estimate twice over the trailing four quarte ...

Semtech stock is on track for its best day in nearly a yearSemiconductor stock Semtech Corp (NASDAQ:SMTC) is soaring today, up 16% at $61.99 at last check, and earlier traded as high as $63.63, after the company announced better-than-expected third-quarter results and lifted its current-quarter revenue forecast. No fewer than six analysts lifted their price targets after the news, including Craig-Hallum to $70 from $48. A short squeeze could be powering today's breakout, with a healthy 9.2% of SMTC's total ...

Semtech Corporation SMTC reported better-than-expected third-quarter financial results and issued fourth-quarter guidance with its midpoint above estimates.Semtech reported quarterly earnings of 26 cents per share which beat the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $236.80 million which beat the analyst consensus estimate of $232.06 million.“We are very pleased to report broad-based growth across each of our end markets, and particularly in data center, w ...