Core Viewpoint - Rosen Law Firm is reminding investors who purchased Semtech Corporation securities between August 27, 2024, and February 7, 2025, of the upcoming lead plaintiff deadline on April 22, 2025, for a class action lawsuit [1] Group 1: Class Action Details - Investors who bought Semtech securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1] - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by April 22, 2025 [2] - The lawsuit alleges that Semtech made false and misleading statements regarding its CopperEdge products, which did not meet customer needs and would result in lower-than-expected sales [4] Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3] - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3] - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3]

NEW YORK, April 15, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semtech Corporation (NASDAQ: SMTC) between August 27, 2024 and February 7, 2025, both dates inclusive (the "Class Period"), of the important April 22, 2025 lead plaintiff deadline.So what: If you purchased Semtech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What t ...

SAN DIEGO, April 15, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, inclusive (the "Class Period"), have until Tuesday, April 22, 2025 to seek appointment as lead plaintiff of the Semtech class action lawsuit.  Captioned Kleovoulos v. Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semtech's top e ...

PHILADELPHIA, April 15, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Semtech Corporation (“Semtech” or the “Company”) (NASDAQ: SMTC) on behalf of purchasers of Semtech securities between August 27, 2024 through February 7, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired SEMTECH securities during the Class Period may, no later than APRIL 22, 2025, seek to be appointed as a lead plaintif ...

LOS ANGELES, April 14, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Semtech Corporation ("Semtech" or "the Company") (NASDAQ: SMTC) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 27, 2024 and February 7, 2025, inclusive (the "Class Period"), a ...

SAN FRANCISCO, April 14, 2025 (GLOBE NEWSWIRE) -- Semtech Corporation (NASDAQ: SMTC) is navigating a turbulent period, facing a securities class-action lawsuit alleging investor deception regarding its CopperEdge product line. Recent comments from the company’s CEO during the Q4 2025 earnings call have brought the company's close relationships with key customers into sharper focus, raising questions about prior awareness of product-related challenges. Hagens Berman is investigating the alleged claims and ur ...

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business and operations during the specified Class Period from August 27, 2024, to February 7, 2025 [1]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet the needs of its server rack customers or end users [2]. - It is alleged that the CopperEdge products required certain architectural changes in server racks, which were not disclosed to investors [2]. - As a result of these issues, Semtech's sales of CopperEdge products are expected to be lower than anticipated, contradicting previous positive statements made by the company [2]. Group 2: Lead Plaintiff Process - Investors in Semtech have until April 22, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm aims to protect investors and others from fraud and negligence by businesses [4].

Group 1: Growth Stock Characteristics - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to their inherent risks and volatility [1] - The Zacks Growth Style Score system helps identify promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] Group 2: Semtech's Growth Potential - Semtech (SMTC) is currently recommended as a growth stock, boasting a favorable Growth Score and a top Zacks Rank [2] - The historical EPS growth rate for Semtech is 2.3%, but projected EPS growth for this year is expected to be 92.9%, significantly higher than the industry average of 22.4% [4] - Semtech's asset utilization ratio is 0.66, indicating that the company generates $0.66 in sales for every dollar in assets, outperforming the industry average of 0.49 [5] - The company's sales are projected to grow by 15.3% this year, compared to the industry average of 12.1% [6] Group 3: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with stock price movements, making them a critical factor for investors [7] - The current-year earnings estimates for Semtech have increased by 12.4% over the past month, indicating a favorable outlook [8] Group 4: Overall Assessment - Semtech has achieved a Growth Score of A and a Zacks Rank of 2, suggesting it is a solid choice for growth investors and a potential outperformer [10]

Core Viewpoint - Semtech (SMTC) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system highlights the importance of changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors often adjust their valuations based on earnings estimates, leading to significant stock transactions that affect price movements [3]. Business Improvement Indicators - The upgrade in Semtech's rating reflects an improvement in the company's underlying business, suggesting that investors may respond positively by driving the stock price higher [4][9]. - Semtech is projected to earn $1.70 per share for the fiscal year ending January 2026, representing a year-over-year increase of 93.2% [7]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [6]. - The system maintains a balanced distribution of ratings, ensuring that only the top 20% of stocks are positioned for potential market-beating returns [8][9].

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business operations and product performance during the specified Class Period [1][3]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet customer needs, requiring changes in rack architecture [3]. - It is alleged that sales of CopperEdge products would not increase as expected during fiscal 2026, leading to lower-than-anticipated sales [3]. - The positive statements made by Semtech regarding its business and prospects are claimed to be materially misleading and lacking a reasonable basis [3]. Group 2: Legal Process and Participation - Investors in Semtech have until April 22, 2025, to seek appointment as lead plaintiff representatives in the class action [4]. - A lead plaintiff is typically the investor or small group with the largest financial interest and is responsible for directing the litigation [4]. - Participation as a lead plaintiff does not affect the ability of other investors to share in any recovery from the lawsuit [4]. Group 3: Law Firm Information - Kessler Topaz Meltzer & Check, LLP is handling the class action and encourages affected Semtech investors to contact them for more information [5]. - The firm has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [5].