The latest price target for Semtech (NASDAQ:SMTC) was reported by Needham on December 12, 2024. The analyst firm set a price target for $74.00 expecting SMTC to rise to within 12 months (a possible 16.44% upside). 40 analyst firms have reported ratings in the last year.

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

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.

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.

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 December 12, 2024 so you should expect the next rating to be made available sometime around December 12, 2025.

While ratings are subjective and will change, the latest Semtech (SMTC) rating was a maintained with a price target of $70.00 to $74.00. The current price Semtech (SMTC) is trading at is $63.55, which is out of the analyst’s predicted range.