SMTC Stock Recent News

NEW YORK, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Semtech Corporation (NASDAQ:SMTC) on behalf of long-term stockholders following a class action complaint that was filed against Semtech on February 20, 2025 with a Class Period from August 27, 2024 to February 7, 2025. Our investigation concerns whether the board of directors of Semtech have breached their fiduciary duties to the company.

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Announces Second Quarter of Fiscal Year 2026 Conference Call.

SkyWater Technology SKYT and Semtech Corporation SMTC are well-known players in the fast-growing semiconductor market. While SkyWater runs a domestic foundry serving the defense and advanced packaging space, Semtech designs analog and Internet of Things (IoT) chips used in data centers, industrial systems and smart devices.

Semtech (SMTC) reported earnings 30 days ago. What's next for the stock?

The mean of analysts' price targets for Semtech (SMTC) points to a 40% 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.

Analysts expect SMTC and ADI to see strong double-digit growth in 2025, despite the negative macro and geopolitics plaguing the Analog/Mixed Signal semiconductor industry.

CAMARILLO, Calif.--(BUSINESS WIRE)--Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service solutions, will showcase its IoT leadership as Robert Comanescu, Semtech's senior director and marketing head of IoT chips, joins the featured speakers at the upcoming 2025 Shanghai Internet of Things Exhibition on June 19, 2025. Comanescu will present during a key panel discussion hosted by the LoRa Allianc.

Semtech (NASDAQ:SMTC), a firm focusing on analog and mixed-signal semiconductors, experienced a stock increase of nearly 9% during Monday's trading. This surge comes amidst revitalized optimism following trade talks between U.S. and Chinese officials, which have sparked speculation that export restrictions on critical technologies may be eased.

Advanced Micro Devices and SMTC are well-known players in the semiconductor market. Let's find out which one is a better investment option right now.

We initiate on Semtech Corporation at Buy, as we believe the transition to higher-margin LoRa and FiberEdge franchises will compensate for near-term revenue headwinds from legacy and IoT divestiture risks. Our $52/sh price target is based on applying 4.5x EV/Sales multiple to our FY27E revenue estimate of $1.03 bn. We estimate FY26E/FY27E revenue of $980mn/$1.03bn.