Semtech appears to be in a strong cyclical recovery, with revenue growth accelerating to 32.7% YoY in 2027Q2 and gross margins expanding to 53.8%, suggesting successful integration of Sierra Wireless and improved pricing power. The company has executed a rapid...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has accelerated sharply to 32.7% YoY in 2027Q2, driving a 560 basis point gross margin expansion to 53.8% and unlocking operating leverage with a 16.3% operating margin.
Semtech is a leading provider of high-performance semiconductors powering AI data center networking, with strong demand for its 800G optical products.
The bull case assumes accelerating adoption of LoRa/IoT solutions, driven by Semtech's connectivity licensing and recurring revenue streams.
Improving gross margins are expected from higher average selling prices (ASPs) and recurring connectivity licensing revenue.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 25, 2026 | $0.71+15.6% vs $0.61 | $342M+4.0% vs $329M |
Q2 2026 May 26, 2026 | $0.51+12.4% vs $0.45 | $291M+2.6% vs $284M |
Q2 2026 Mar 16, 2026 | $0.44+2.3% vs $0.43 | $274M+0.4% vs $273M |
Q4 2025 Nov 24, 2025 | $0.48+7.9% vs $0.44 | $267M+0.2% vs $266M |
The mean of analysts' price targets for Semtech (SMTC) points to a 37% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
[url="]Semtech Corporation[/url] (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, conne
CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things (“IoT”) devices worldwide, today announced TDS2621LP, the latest addition to its SurgeSwitch® family. Purpose built for 24 V DC power buses in industrial robotics, collaborative robots (cobots) and automated manufacturing, TDS2621LP delivers near-constant clamping voltage, IEC 61000-4-5 surg.
Semtech's pullback tests key support while its bullish structure keeps $197.55 and $223.24 targets in focus.
Benchmark SMTC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Semtech Corporation (SMTC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $174.33 | $16.24B | -378.98 | — | -3.85% | -7.35% | — | |
| $221.97 | $7.32B | -112.11 | 34.29% | -4.57% | -3.59% | — | |
| $634.00 | $16.74B | -368.60 | 61.16% | 3.01% | 1.27% | — | |
| $95.94 | $4.41B | 67.09 | 13.04% | 5.27% | 4.38% | — | |
| $51.46 | $2.87B | 131.95 | 5.85% | 5.58% | 3.72% | — | |
| $1380.62 | $67.83B | 108.28 | 26.43% | 24.41% | 21.78% | — |
Semtech Corporation (SMTC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Semtech Corporation (SMTC) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 25, 2026·SEC
Aug 13, 2026·SEC
May 26, 2026·SEC
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Semtech Corporation (SMTC) stock FAQ — growth, dividends, profitability & financials explained
Semtech Corporation (SMTC) reported $1.18B in revenue for fiscal year 2026. This represents a 1707% increase from $65.4M in 1997.
Yes, Semtech Corporation (SMTC) is profitable, generating $127.0M in net income for fiscal year 2026 (-3.8% net margin).
Semtech Corporation (SMTC) has a return on equity (ROE) of -7.3%. Negative ROE indicates the company is unprofitable.
Semtech Corporation (SMTC) generated $184.2M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
