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Semtech

SMTCNASDAQ
$31.66
-0.8-2.46%
At Close: -
$31.75
0.090.28%
After Hours: Jul 19, 6:27 PM EDT
15 minutes delayed
Consensus Rating1
Buy
Highest Price Target1
$85.00
Lowest Price Target1
$30.00
Consensus Price Target1
$51.46

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Semtech (NASDAQ:SMTC) Stock, Analyst Ratings, Price Targets, Forecasts

Semtech Corp has a consensus price target of $51.46 based on the ratings of 15 analysts. The high is $85 issued by Wells Fargo on March 17, 2022. The low is $30 issued by Benchmark on October 19, 2023. The 3 most-recent analyst ratings were released by Needham, Needham, and Stifel on July 15, 2024, June 7, 2024, and June 6, 2024, respectively. With an average price target of $50 between Needham, Needham, and Stifel, there's an implied 57.48% upside for Semtech Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Mar
3
Apr
1
May
1
Jun
0
0
0
0
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.6
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Needham
Stifel
Northland Capital Markets
Craig-Hallum
Susquehanna

1calculated from analyst ratings

Analyst Ratings for Semtech

Buy NowGet Alert
07/15/2024Buy Now57.48%Needham
Quinn Bolton
$50 → $50ReiteratesBuy → BuyGet Alert
06/07/2024Buy Now57.48%Needham
Quinn Bolton
$50 → $50ReiteratesBuy → BuyGet Alert
06/06/2024Buy Now57.48%Stifel
Tore Svanberg
$43 → $50MaintainsBuyGet Alert
06/06/2024Buy Now44.88%Northland Capital Markets
Gus Richard
$36.5 → $46MaintainsOutperformGet Alert
06/06/2024Buy Now51.18%Craig-Hallum
Anthony Stoss
$36 → $48MaintainsBuyGet Alert
06/06/2024Buy Now73.23%Susquehanna
Christopher Rolland
$45 → $55MaintainsPositiveGet Alert
06/06/2024Buy Now57.48%Roth MKM
Scott Searle
$42 → $50MaintainsBuyGet Alert
06/06/2024Buy Now57.48%Needham
Quinn Bolton
$38 → $50MaintainsBuyGet Alert
05/29/2024Buy Now88.98%Piper Sandler
Harsh Kumar
$40 → $60ReiteratesOverweight → OverweightGet Alert
05/17/2024Buy Now57.48%B. Riley Securities
Craig Kennison
$43 → $50MaintainsBuyGet Alert
04/18/2024Buy Now13.39%Stifel
Tore Svanberg
$31 → $36MaintainsBuyGet Alert
04/01/2024Buy Now14.96%Northland Capital Markets
Gus Richard
$30 → $36.5MaintainsOutperformGet Alert
04/01/2024Buy Now13.39%Craig-Hallum
Anthony Stoss
$30 → $36MaintainsBuyGet Alert
04/01/2024Buy Now57.48%Baird
Craig Ellis
$40 → $50MaintainsOutperformGet Alert
04/01/2024Buy Now-2.36%Stifel
Tore Svanberg
$26 → $31MaintainsBuyGet Alert
04/01/2024Buy Now25.98%Piper Sandler
Harsh Kumar
$30 → $40ReiteratesOverweight → OverweightGet Alert
04/01/2024Buy Now41.73%Susquehanna
Christopher Rolland
$30 → $45MaintainsPositiveGet Alert
04/01/2024Buy NowOppenheimer
Rick Schafer
MaintainsPerformGet Alert
04/01/2024Buy Now19.69%Needham
Quinn Bolton
$26 → $38MaintainsBuyGet Alert
03/26/2024Buy Now25.98%Baird
Craig Ellis
$40 → $40MaintainsOutperformGet Alert
03/14/2024Buy Now-5.51%Susquehanna
Christopher Rolland
$25 → $30MaintainsPositiveGet Alert
01/02/2024Buy Now-18.11%Stifel
Tore Svanberg
$22 → $26MaintainsBuyGet Alert
12/07/2023Buy Now-30.71%Stifel
Tore Svanberg
$24 → $22MaintainsBuyGet Alert
12/07/2023Buy Now32.28%Roth MKM
Scott Searle
$46 → $42MaintainsBuyGet Alert
12/07/2023Buy Now-18.11%Needham
Quinn Bolton
$35 → $26MaintainsBuyGet Alert
10/24/2023Buy Now-21.26%Susquehanna
Christopher Rolland
$30 → $25MaintainsPositiveGet Alert
10/19/2023Buy Now-5.51%Benchmark
Cody Acree
→ $30UpgradeHold → BuyGet Alert
09/14/2023Buy Now-5.51%Craig-Hallum
Anthony Stoss
$35 → $30MaintainsBuyGet Alert
09/14/2023Buy Now54.33%Roth MKM
Scott Searle
$56 → $49MaintainsBuyGet Alert
09/14/2023Buy Now-5.51%Stifel
Tore Svanberg
$32 → $30MaintainsBuyGet Alert
09/14/2023Buy Now-5.51%Piper Sandler
Harsh Kumar
$40 → $30MaintainsOverweightGet Alert
09/14/2023Buy Now41.73%B. Riley Securities
Craig Kennison
$52 → $45MaintainsBuyGet Alert
09/14/2023Buy NowBenchmark
Cody Acree
DowngradeBuy → HoldGet Alert
09/14/2023Buy Now10.24%Needham
Quinn Bolton
→ $35ReiteratesBuy → BuyGet Alert
09/14/2023Buy NowSummit Insights Group
Kinngai Chan
UpgradeHold → BuyGet Alert
09/14/2023Buy Now-5.51%Susquehanna
Christopher Rolland
→ $30UpgradeNeutral → PositiveGet Alert
09/07/2023Buy Now10.24%Needham
Quinn Bolton
→ $35ReiteratesBuy → BuyGet Alert
09/06/2023Buy Now76.38%Roth MKM
Scott Searle
→ $56ReiteratesBuy → BuyGet Alert
09/06/2023Buy Now10.24%Needham
Quinn Bolton
→ $35UpgradeHold → BuyGet Alert
06/21/2023Buy Now10.24%Craig-Hallum
Anthony Stoss
→ $35Initiates → BuyGet Alert
06/08/2023Buy Now25.98%Baird
Craig Ellis
→ $40Reiterates → OutperformGet Alert
06/01/2023Buy Now-21.26%Susquehanna
Christopher Rolland
$30 → $25MaintainsNeutralGet Alert
04/19/2023Buy Now0.79%Stifel
Tore Svanberg
$37 → $32MaintainsBuyGet Alert
04/11/2023Buy Now0.79%Northland Capital Markets
Gus Richard
→ $32Initiates → OutperformGet Alert
03/31/2023Buy Now41.73%Benchmark
Cody Acree
→ $45Reiterates → BuyGet Alert
03/31/2023Buy Now25.98%Baird
Craig Ellis
$48 → $40MaintainsOutperformGet Alert
03/30/2023Buy Now16.54%Stifel
Tore Svanberg
$40 → $37MaintainsBuyGet Alert
03/30/2023Buy Now63.78%B. Riley Securities
Craig Kennison
→ $52Reiterates → BuyGet Alert
03/30/2023Buy Now-5.51%Susquehanna
Christopher Rolland
$32 → $30MaintainsNeutralGet Alert
03/22/2023Buy Now63.78%B. Riley Securities
Craig Ellis
$34 → $52UpgradeNeutral → BuyGet Alert
03/09/2023Buy Now0.79%Susquehanna
Christopher Rolland
→ $32Reiterates → NeutralGet Alert
12/01/2022Buy Now41.73%Piper Sandler
Harsh Kumar
$60 → $45MaintainsOverweightGet Alert
10/04/2022Buy Now7.09%B. Riley Securities
Craig Ellis
$53 → $34MaintainsNeutralGet Alert
09/01/2022Buy Now51.18%Baird
Craig Ellis
$90 → $48MaintainsOutperformGet Alert
09/01/2022Buy NowOppenheimer
Rick Schafer
DowngradeOutperform → PerformGet Alert
09/01/2022Buy Now35.43%Cowen & Co.
Matthew Ramsay
$65 → $43DowngradeOutperform → Market PerformGet Alert
09/01/2022Buy Now88.98%Piper Sandler
Harsh Kumar
$95 → $60MaintainsOverweightGet Alert
08/03/2022Buy NowNeedham
Quinn Bolton
DowngradeBuy → HoldGet Alert
07/28/2022Buy Now155.12%Benchmark
Cody Acree
→ $81Initiates → BuyGet Alert
06/15/2022Buy Now104.72%B. Riley Securities
Craig Ellis
$87 → $65DowngradeBuy → NeutralGet Alert
06/02/2022Buy Now136.22%Needham
Quinn Bolton
$85 → $75MaintainsBuyGet Alert
06/01/2022Buy Now126.77%Susquehanna
Christopher Rolland
$75 → $72MaintainsNeutralGet Alert
03/17/2022Buy Now174.02%B. Riley Securities
Craig Ellis
$83 → $87MaintainsBuyGet Alert
03/17/2022Buy Now167.72%Needham
Quinn Bolton
$100 → $85MaintainsBuyGet Alert
03/17/2022Buy Now167.72%Wells Fargo
Gary Mobley
$100 → $85MaintainsOverweightGet Alert
03/14/2022Buy Now161.42%B. Riley Securities
Craig Ellis
$108 → $83MaintainsBuyGet Alert
11/29/2021Buy Now230.71%B. Riley Securities
Craig Ellis
MaintainsBuyGet Alert
11/22/2021Buy Now214.96%Oppenheimer
Rick Schafer
MaintainsOutperformGet Alert
09/02/2021Buy Now167.72%Oppenheimer
Rick Schafer
MaintainsOutperformGet Alert
09/02/2021Buy Now205.51%B. Riley Securities
Craig Ellis
MaintainsBuyGet Alert
09/02/2021Buy Now177.17%Needham
Quinn Bolton
MaintainsBuyGet Alert

FAQ

Q

What is the target price for Semtech (SMTC) stock?

A

The latest price target for Semtech (NASDAQ:SMTC) was reported by Needham on July 15, 2024. The analyst firm set a price target for $50.00 expecting SMTC to rise to within 12 months (a possible 57.48% upside). 39 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Semtech (SMTC)?

A

The latest analyst rating for Semtech (NASDAQ:SMTC) was provided by Needham, and Semtech reiterated their buy rating.

Q

When was the last upgrade for Semtech (SMTC)?

A

The last upgrade for Semtech Corp happened on October 19, 2023 when Benchmark raised their price target to $30. Benchmark previously had a hold for Semtech Corp.

Q

When was the last downgrade for Semtech (SMTC)?

A

The last downgrade for Semtech Corp happened on September 14, 2023 when Benchmark changed their price target from N/A to N/A for Semtech Corp.

Q

When is the next analyst rating going to be posted or updated for Semtech (SMTC)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Semtech, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Semtech was filed on July 15, 2024 so you should expect the next rating to be made available sometime around July 15, 2025.

Q

Is the Analyst Rating Semtech (SMTC) correct?

A

While ratings are subjective and will change, the latest Semtech (SMTC) rating was a reiterated with a price target of $50.00 to $50.00. The current price Semtech (SMTC) is trading at is $31.75, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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