<div id="readability-page-1"><p><span>Semtech (NASDAQ:SMTC - Get Free Report)</span>'s stock had its &#34;overweight&#34; rating reissued by equities researchers at Piper Sandler in a report issued on Thursday,Benzinga reports. They presently have a $95.00 price target on the semiconductor company's stock, up from their previous price target of $70.00. Piper Sandler's price objective indicates a potential upside of 20.25% from the stock's previous close.</p><ul><li>How Semtech’s Data Center Chips Are Powering the AI Boom</li></ul><p>Other analysts have also issued reports about the company. Needham &amp; Company LLC  reiterated a &#34;buy&#34; rating and set a $80.00 price objective on shares of Semtech in a research note on Tuesday, November 25th. Benchmark raised their price objective on shares of Semtech from $76.00 to $85.00 and gave the company a &#34;buy&#34; rating in a research report on Tuesday, November 25th. Robert W. Baird increased their target price on shares of Semtech from $70.00 to $88.00 and gave the stock an &#34;outperform&#34; rating in a research note on Tuesday, November 25th. Cowen assumed coverage on shares of Semtech in a research report on Tuesday, September 30th. They set a &#34;buy&#34; rating for the company. Finally, Weiss Ratings  reiterated a &#34;hold (c-)&#34; rating on shares of Semtech in a research report on Monday. Fifteen analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $78.50.</p><p><b>Check Out Our Latest Report on SMTC</b></p><h2>Semtech Stock Performance</h2><ul><li>Why Semtech Stock Is Rallying After Its NVIDIA Setback</li></ul><p>Shares of Semtech stock traded down $0.44 on Thursday, reaching $79.00. 301,115 shares of the company traded hands, compared to its average volume of 2,212,615. Semtech has a 52 week low of $24.05 and a 52 week high of $81.32. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.43 and a quick ratio of 1.71. The company has a 50 day moving average of $70.16 and a 200 day moving average of $57.41. The firm has a market capitalization of $7.31 billion, a PE ratio of 254.24 and a beta of 2.01. </p><p>Semtech (NASDAQ:SMTC - Get Free Report) last released its earnings results on Monday, November 24th. The semiconductor company reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.03. The business had revenue of $266.97 million during the quarter, compared to the consensus estimate of $266.36 million. Semtech had a return on equity of 17.00% and a net margin of 2.77%.The business's revenue for the quarter was up 12.8% on a year-over-year basis. During the same period last year, the business posted $0.26 earnings per share. Semtech has set its Q4 2026 guidance at 0.400-0.460 EPS.  Equities analysts forecast that  Semtech will post -0.02 earnings per share for the current year. </p><h2>Insider Transactions at Semtech</h2><ul><li>Semtech: Bullish Market Forces Come Into Alignment for This Stock</li></ul><p>In other news, CFO Mark Lin sold 971 shares of the stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $72.83, for a total transaction of $70,717.93. Following the completion of the sale, the chief financial officer owned 17,844 shares of the company's stock, valued at approximately $1,299,578.52. This represents a 5.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Paul V. Walsh, Jr. sold 500 shares of Semtech stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $66.24, for a total transaction of $33,120.00. Following the completion of the transaction, the director directly owned 26,779 shares in the company, valued at approximately $1,773,840.96. The trade was a 1.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 4,971 shares of company stock worth $323,463. Company insiders own  0.48% of the company's stock. </p><h2>Institutional Investors Weigh In On Semtech</h2><p>Large investors have recently modified their holdings of the stock. US Bancorp DE increased its stake in shares of  Semtech by 7.6% during the first quarter. US Bancorp DE now owns 11,137 shares of the semiconductor company's stock valued at $383,000 after purchasing an additional 787 shares in the last quarter.  PNC Financial Services Group Inc. grew its stake in shares of  Semtech by 164.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 12,192 shares of the semiconductor company's stock worth $419,000 after buying an additional 7,583 shares during the last quarter.  Vanguard Group Inc. boosted its holdings in  Semtech by 1.4% in the first quarter. Vanguard Group Inc. now owns 11,702,315 shares of the semiconductor company's stock worth $402,560,000 after acquiring an additional 159,770 shares in the last quarter.  Swiss National Bank grew its stake in shares of  Semtech by 0.5% in the first quarter. Swiss National Bank now owns 166,900 shares of the semiconductor company's stock worth $5,741,000 after acquiring an additional 900 shares during the last quarter.  Finally, Connor Clark &amp; Lunn Investment Management Ltd. purchased a new stake in shares of  Semtech in the first quarter worth $1,674,000. </p><h2>Semtech Company Profile</h2> (Get Free Report)<p>Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Semtech</li><li>How to Invest in Insurance Companies: A Guide </li><li>2026 Comeback Picks: 3 S&amp;P Laggards Poised to Break Out</li><li>What is a penny stock? A comprehensive guide</li><li>Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal</li><li>Technology Stocks Explained: Here's What to Know About Tech</li><li>Missed NVIDIA? Braze Might Be the Next AI Stock Breakout</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U01UQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U01UQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Semtech Right Now?</h2><p>Before you consider Semtech, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Semtech wasn't on the list.</p><p>While Semtech currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SMTC

<p>Piper Sandler reiterated an "overweight" rating for Semtech (NASDAQ:SMTC) and raised the price target from $70.00 to $95.00, indicating a potential upside of 20.25%. Other analysts also issued positive ratings, with a consensus rating of "Moderate Buy" and an average target price of $78.50. Semtech's recent earnings report showed a revenue increase of 12.8% year-over-year. Insider transactions included sales by CFO Mark Lin and Director Paul V. Walsh, Jr. Institutional investors have also increased their holdings in Semtech.</p>

Piper Sandler Reaffirms "Overweight" Rating for Semtech (NASDAQ:SMTC)