
Semtech (SMTC) Stock Forecast & Price Target
Semtech (SMTC) Analyst Ratings
Bulls say
Semtech Corp is experiencing positive momentum due to its expanding Total Addressable Markets (TAM) and market share gains in its LoRa and PerSe businesses, which are contributing to diversified revenue streams beyond traditional markets. The company has also reported substantial growth in its traditional Transient Voltage Suppressor (TVS) business, achieving a quarter-over-quarter increase of 22% and a year-over-year growth of 15%, outperforming trends in the smartphone sector. This broad-based strength across emerging markets and legacy products indicates Semtech is effectively gaining market share and enhancing its financial stability.
Bears say
Semtech Corp faces a significant risk due to its dependency on a limited number of customers, where the loss of any key client or inability to collect receivables could severely impact the company's financial performance. Additionally, the company's forward price-to-earnings (PE) ratio of 35x, coupled with a PEG ratio of 1.17x based on estimated fiscal year 2027 earnings growth, suggests current valuations may not adequately reflect potential risks and growth uncertainties. Furthermore, adverse impacts on Semtech's business operations or the business of its customers could materially affect sales and gross margins, contributing to a negative outlook for the stock.
This aggregate rating is based on analysts' research of Semtech and is not a guaranteed prediction by Public.com or investment advice.
Semtech (SMTC) Analyst Forecast & Price Prediction
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