Semtech uvedl novou řadu 224G TIA a driverů pro architektury NPO a CPO v AI clusterech a hyperscale datových centrech. Cílí na vyšší hustotu pásma a nižší spotřebu energie.
New 224G TIA and driver portfolio targets NPO and CPO architectures for AI clusters and hyperscale data centers
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 introduced a family of 224G linear Transimpedance Amplifier (TIA) and driver solutions, designed to accelerate the deployment of Near-Packaged Optics (NPO) and Co-Packaged Optics (CPO) architectures for AI/ML clusters, hyperscale data centers and next-generation networking platforms.
As AI workloads continue to drive unprecedented demand for bandwidth and connectivity, traditional optical architectures face increasing challenges in power consumption, thermal management, signal integrity, and system density. By bringing high-performance optical interfaces closer to the switching and compute silicon, NPO and CPO architectures offer a path toward significantly higher bandwidth density and improved system-level efficiency.
“Near-packaged and co-packaged optics are entering their initial ramp in 2026, and the shift toward NPO and CPO architectures reflects a broader industry response to the power and scaling bottlenecks facing AI back-end networks,” said Sameh Boujelbene, vice president, data center switch and AI networks market research at Dell’Oro Group. “As hyperscalers move these architectures from trials to deployment, the underlying TIA and driver technology becomes a critical enabler of that transition.”
Designed for 224G Linear Optical Architectures
Semtech’s new products include the GN1838L and GN42T380, the industry’s first linear octal TIAs, and the GN42M380 linear octal Mach-Zehnder Modulator (MZM) driver, optimized for 1.6T, 3.2T, 6.4T, and 12.8T optical engines (OEs). The 224G TIA and driver portfolio optimizes for CEI-224G-Linear and Open CPX interfaces and linear architectures, with very strictly specified space and power dissipation requirements.
“AI infrastructure is fundamentally changing the requirements for optical connectivity,” said Amit Thakar, vice president, signal integrity product marketing at Semtech. “At 224G per lane, designers need more than bandwidth. They need signal integrity, power efficiency, flexibility, and system-level visibility. Our TIAs and driver solutions are purpose-built to give NPO and CPO developers the building blocks to scale optical I/O while addressing the power and density challenges of next-generation AI systems.”
Enabling NPO and CPO at Scale
The GN1838L TIA offers 500µm channel pitch and the GN42T380 offers a 375µm channel pitch, giving customers flexibility in OE design choices. These TIAs can be used in side-by-side configuration with the photonics integrated circuit (PIC) or placed directly on top of the PIC, giving customers maximum flexibility. Both TIAs include an Automatic Gain Control (AGC) stage and output driver featuring programmable Continuous Time Linear Equalization (CTLE) and support both Manual and Automatic Gain Control (MGC and AGC) modes. The bandwidth is optimized to achieve low peaking, low input referred noise (IRN), and good group delay with minimal distortion. The devices offer several programmable performance optimization features, including output equalization, and are designed to interface with a wide variety of optical input signals, while optimizing performance at the switch or ASIC input.
The GN42M380 driver offers 375µm channel pitch and supports a variety of modulators, including Silicon Photonics (SiPho), Indium Phosphide Mach-Zehnder Modulator (InP MZM) and Thin-Film Lithium Niobate (TFLN). The GN42M380 delivers low group delay and minimal Total Harmonic Distortion (THD), ensuring superior driver performance. Programmable Continuous Time Linear Equalization (CTLE) is included to help compensate for intersymbol interference (ISI) due to the input signal transmission path. It also offers flexible biasing, making it compatible with MZMs from various vendors. The driver output swing is configurable, and on-chip equalization enables precise tuning of electrical and optical performance.
The TIA and driver family integrates several diagnostics and performance tuning features that can be accessed through device pads and the I²C interface.
Availability
Contact Semtech for the availability of the GN1838L, GN42T380 and GN42M380 product family.
Customers and partners are invited to visit Semtech at Booth #11C52 during CIOE 2026, Sept. 9-11, in Shenzhen, China, to learn more about the portfolio and meet with Semtech’s technical experts.
Learn more at http://www.semtech.com/optical.
About Semtech
Semtech Corporation (Nasdaq: SMTC) is a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected IoT devices worldwide. Our global teams are committed to empowering solution architects and application developers to develop breakthrough products for the infrastructure, industrial and consumer markets. To learn more about Semtech technology, visit us at Semtech.com or follow us on LinkedIn or X.
Semtech and the Semtech logo are registered trademarks or service marks of Semtech Corporation or its subsidiaries. All other trademarks, service marks and trade names mentioned in this press release are the property of their respective owners.
By Thomas Richmond · Updated Aug 25, 4:53pm ET · Published Aug 25, 3:14pm ET
Live UpdatesNewest first
That wraps up our initial coverage of Semtech’s Q2 results. Thank you for stopping by!
Semtech just reported earnings, with shares initially up 2% following the report. Here are the key numbers:
Revenue: $341.9 million vs. prior guidance of approximately $328 million Adjusted EPS: $0.71 vs. prior guidance of approximately $0.61 Adjusted Gross Margin: 54.5% Adjusted Operating Margin: 24.4% Guidance:
Revenue: $410 million, plus or minus $5 million Adjusted EPS: $1.05, plus or minus $0.03 Adjusted Gross Margin: 58.3%, plus or minus 100 basis points Adjusted Operating Margin: 31.0%, plus or minus 60 basis points Quick Read:
Semtech delivered record quarterly revenue, growing 33% year over year and exceeding its previous guidance, while adjusted EPS also came in well ahead of its outlook.
Accelerating bookings and record backlog support another major revenue increase in Q3, alongside sharp gross-margin and operating-margin expansion.
Tonight’s Q2 earnings report matters less than the Q3 outlook. Management has been conservative, beating its own guide in every recent quarter: versus a Q1 guide, and similar beats in the prior two periods.
Investors want a Q3 revenue guidance meaningfully above with EPS north of , adjusted gross margin holding above , and confident commentary on the ramp, data center bookings, and capacity expansion.
A bullish guidance would reinforce CEO Hong Hou’s call for accelerating data center growth and could unlock the analyst target. An in-line guidance, softer Signal Integrity, or cautious 1.6T timing would validate last week’s pullback.
Bull Case Data center acceleration: Management targets in Q2, with layering onto 800G strength. Beat streak: Semtech has posted , and Polymarket assigns a probability to another. Analyst conviction: , with a average target. Bear Case High bar: Guidance implies revenue growth; any softness could disappoint. GAAP quality: FY26 included in goodwill impairments. Insider selling: Net direction is across recent transactions. Volatile reactions: Shares dropped last week despite the AI narrative.
Semtech heads into tonight’s fiscal second-quarter report guiding for $328 million in revenue and adjusted EPS of about $0.61.
FiberEdge 800G deployments and initial 1.6T shipments make this quarter a proving ground for the company’s data-center acceleration story.
Shares fell 8% last week despite remaining up 136.66% over the past year. With an average analyst price target of $201.38 and Polymarket traders pricing a 73.5% probability of an earnings beat, guidance will carry more weight than the headline results.
Confident commentary around second-half 1.6T demand, capacity, and margins could send Semtech stock higher tonight.
Live coverage has ended. The full story is below.
Full CoverageThe story so far
Semtech (NASDAQ:SMTC) is expected to report Q2 FY27 earnings today at 4:05 PM ET. The connectivity chipmaker has become one of the year’s biggest AI-adjacent winners, with the stock up 144% in the past year.
Momentum Meets Execution Risk Q1 FY27 posted record revenue of $291.00 million, up 16% year over year, with adjusted diluted EPS of $0.51, up 34%. Signal Integrity revenue surged to $102.00 million from $73.50 million a year earlier, and data-center net sales hit a record $71.6 million, up 39% year over year.
Adjusted operating margin expanded to 20.4% from 19.0%, and free cash flow reached $28.00 million. SMTC trades near $125.83, up 64.08% YTD, though it gave back 21.6% in the past week alone as the AI-connectivity trade cooled.
Consensus and Guidance Metric Q2 FY27 Guide (Mid) Implied YoY FY27 Prior-Year Anchor Revenue $328.0M +27% FY26 rev $1.05B Adj. EPS $0.61 +49% FY26 EPS $1.71 Adj. Gross Margin 54.0% +100 bps vs Q1 Semi GM 62.1% Adj. Op. Margin 21.9% +150 bps vs Q1 Q1 20.4% What I’m Watching Tonight: Capacity, 1.6T Ramps, and LoRa’s Second Act Tonight, I’ll be watching four main things:
First, 1.6T monetization. Management called 800G FiberEdge the foundation of data-center growth and telegraphed initial 1.6T FRO shipments in Q2, with CopperEdge 1.6T already flowing to a US hyperscaler. Analysts will be looking for granularity on 1.6T mix and LPO or LRO qualification progress. Second, capacity. Hong Hou framed the environment bluntly, saying “This is a time capacity is king,” and Semtech is working to double or triple capacity with foundry and OSAT partners. GaN chip demand currently exceeds supply by about 3x. Third, LoRa. Management is targeting an all-time high with greater than 15% sequential LoRa growth in Q2, positioning LoRa Plus as an Edge AI enabler across smart utilities, buildings, and asset tracking. Fourth, operating leverage and portfolio moves. Q1 SG&A fell 200 basis points to 15.1% of sales while R&D climbed to 17.6%. Investors will be watching how the revenue mix absorbs the 1.6T ramp and whether the cellular-module divestiture reaches signing. Earnings History Quarter EPS Surprise 1-Day Move 1-Week Move 30-Day Move Q1 FY27 +12.48% -4.41% +1.32% -8.94% Q4 FY26 +2.02% -11.00% -14.02% +15.10% Q3 FY26 +7.87% +2.33% +2.34% +5.54% Q2 FY26 +2.17% -1.00% -1.35% +7.24% On average, shares moved 2.69% seven days after earnings over the past year.
Contact [email protected] for any questions or corrections.
Thomas Richmond
Thomas Richmond is a financial writer and content strategist with 5+ years of experience covering stocks and financial markets. He has published over 250 articles focused on individual stock analysis, helping investors better understand business fundamentals, stock valuations, and long-term opportunities.
Thomas previously served as a Content Lead at TIKR, a stock research platform, where he helped scale the company’s blog to hundreds of articles per month and contributed to a weekly newsletter reaching more than 100,000 investors.
He specializes in breaking down complex companies into clear, actionable insights for everyday investors, with a focus on fundamentals-driven research.
His work has also been featured on platforms including Seeking Alpha and Sure Dividend.
Outside of work, Thomas enjoys weight lifting and soccer.
Abercrombie & Fitch ve 2. čtvrtletí překonala odhady zisku i tržeb a zvýšila výhled na fiskální rok 2026 nad očekávání. Akcie ve středu vyskočily o 31,6 %.
U.S. stocks were mixed, with the Nasdaq Composite gaining around 0.1% on Wednesday.
Shares of Abercrombie & Fitch Co (NYSE:ANF) rose sharply after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance above estimates.
Abercrombie reported earnings of $4.17 per diluted share, beating the analyst consensus estimate of $1.99. Adjusted earnings rose from $2.32 per share a year earlier. Net sales increased 5% to $1.267 billion from $1.209 billion. That topped the $1.248 billion estimate and marked the company’s 15th consecutive quarter of sales growth. Comparable sales were flat.
Abercrombie raised its fiscal 2026 earnings forecast to $13.10 to $13.60 per share from $10.20 to $11. Analysts expect $10.71. The company now expects net sales of about $5.529 billion, above its previous range of $5.424 billion to $5.529 billion and the $5.464 billion estimate.
Abercrombie & Fitch shares jumped 31.6% to $143.40 on Wednesday.
Here are some other big stocks recording gains in today’s session.
Kanzhun Ltd (NASDAQ:BZ) shares surged 15.5% to $18.82. Kanzhun, on Tuesday, reported better-than-expected quarterly EPS results.Capricor Therapeutics Inc (NASDAQ:CAPR) gained 13% to $9.37.Semtech Corp (NASDAQ:SMTC) gained 12.1% to $142.99 after the company reported better-than-expected second-quarter financial results and issued third-quarter guidance above estimates.NIP Group Inc (NASDAQ:NIPG) gained 10.6% to $18.87.Zymeworks Inc (NASDAQ:ZYME) climbed 10.3% to $30.29. HC Wainwright & Co. analyst Robert Burns maintained the stock with a Buy and raised the price target from $51 to $55.Trending
Summit Therapeutics Inc (NASDAQ:SMMT) rose 9.4% to $14.62 after the company announced topline results from the randomized Phase III HARMONi-GI1 study met the key secondary endpoints of progression-free survival and objective response rate.TTM Technologies Inc (NASDAQ:TTMI) gained 9.3% to $122.80.Webtoon Entertainment Inc (NASDAQ:WBTN) gained 8.8% to $10.29.Acadia Healthcare Company Inc (NASDAQ:ACHC) shares surged 7.3% to $32.05.Comstock Resources Inc (NYSE:CRK) gained 6.5% to $15.09.Alignment Healthcare Inc (NASDAQ:ALHC) rose 6.1% to $14.42.American Eagle Outfitters Inc (NYSE:AEO) gained 5.3% to $17.62. AEO will report second quarter fiscal 2026 results on Sept. 9.Gap Inc (NYSE:GAP) gained 5% to $21.16. Gap will release quarterly earnings on Thursday, Aug. 27.Photo via Shutterstock
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Atreides Management LP acquired a new stake in Semtech Corporation (NASDAQ:SMTC – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 551,214 shares of the semiconductor company’s stock, valued at approximately $89,214,000. Semtech comprises approximately 0.6% of Atreides Management LP’s holdings, making the stock its 21st largest position. Atreides Management LP owned approximately 0.59% of Semtech at the end of the most recent quarter.
Several other large investors also recently modified their holdings of SMTC. Leonteq Securities AG increased its holdings in Semtech by 11.2% during the 1st quarter. Leonteq Securities AG now owns 1,171 shares of the semiconductor company’s stock worth $90,000 after purchasing an additional 118 shares during the last quarter. Stephens Inc. AR raised its holdings in Semtech by 3.3% in the fourth quarter. Stephens Inc. AR now owns 4,410 shares of the semiconductor company’s stock valued at $325,000 after acquiring an additional 142 shares in the last quarter. ABS Investment Management LLC bought a new position in Semtech during the 2nd quarter valued at $178,035,000. Captrust Financial Advisors boosted its stake in Semtech by 0.8% during the 4th quarter. Captrust Financial Advisors now owns 19,302 shares of the semiconductor company’s stock valued at $1,422,000 after acquiring an additional 162 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in Semtech by 1.5% during the 4th quarter. Cetera Investment Advisers now owns 11,737 shares of the semiconductor company’s stock worth $865,000 after acquiring an additional 177 shares in the last quarter.
Wall Street Analyst Weigh In A number of research firms recently commented on SMTC. Benchmark reiterated a “buy” rating on shares of Semtech in a research note on Thursday, August 20th. TD Cowen upped their price objective on Semtech from $210.00 to $215.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Zacks Research downgraded Semtech from a “strong-buy” rating to a “hold” rating in a report on Friday, August 21st. Oppenheimer set a $200.00 target price on Semtech in a research report on Wednesday, May 27th. Finally, B. Riley Financial lifted their target price on Semtech from $165.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Fourteen research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $201.44.
Get Our Latest Report on Semtech Semtech Price Performance NASDAQ SMTC opened at $140.80 on Thursday. The company has a 50-day moving average price of $135.94 and a two-hundred day moving average price of $118.62. Semtech Corporation has a 52 week low of $55.18 and a 52 week high of $177.35. The stock has a market cap of $13.12 billion, a price-to-earnings ratio of 93.25 and a beta of 2.35. The company has a current ratio of 2.37, a quick ratio of 1.62 and a debt-to-equity ratio of 0.86.
Semtech (NASDAQ:SMTC – Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The semiconductor company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.10. The company had revenue of $341.87 million for the quarter, compared to analysts’ expectations of $328.67 million. Semtech had a return on equity of 23.54% and a net margin of 13.11%.The business’s revenue for the quarter was up 32.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 earnings per share. Semtech has set its Q3 2027 guidance at 1.020-1.080 EPS. Analysts forecast that Semtech Corporation will post 1.81 EPS for the current year.
Key Stories Impacting Semtech Here are the key news stories impacting Semtech this week:
Positive Sentiment: Quarterly results beat expectations. Fiscal Q2 revenue rose 32.7% year over year to $341.9 million, exceeding the $328.7 million consensus estimate, while adjusted EPS of $0.71 topped expectations near $0.61 and increased from $0.41 a year earlier. Semtech Announces Second Quarter of Fiscal Year 2027 Results Positive Sentiment: Outlook substantially exceeded consensus. Semtech forecast fiscal Q3 revenue of approximately $410 million, compared with analysts’ expectations of about $359 million, and adjusted diluted EPS of roughly $1.05 versus consensus near $0.69. The guidance implies continued sequential growth and supported the stock’s advance. Semtech Dumps Cellular Business to Double Down on Data Centers Positive Sentiment: Data-center momentum is strengthening. Management highlighted a 1.6-terabit data-center product ramp, record backlog and a 91% increase in data-center sales, benefiting from AI infrastructure demand. Capacity expansion and tight GaN supply could support additional growth. SMTC Q2 Earnings Call Spotlights 1.6T Data Center Growth Positive Sentiment: Analyst sentiment improved. Multiple analysts raised their price targets following the earnings report, while Needham and Susquehanna reiterated Buy ratings with targets of $200 and $200–$215. Increased call-option activity also reflects bullish near-term positioning. Analysts Revise Forecasts After Upbeat Q2 Results Neutral Sentiment: Semtech’s planned cellular-business divestiture is intended to concentrate resources on data centers and create a structural margin benefit, though execution and the timing of the portfolio transition remain important risks. Negative Sentiment: Some recent disclosures show substantial insider selling, with executives reporting sales but no purchases over the past six months. The company also continues to post a negative GAAP net margin, factors that may temper enthusiasm despite the stronger outlook. Insider Transactions at Semtech In other news, Director Paul V. Walsh, Jr. sold 500 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $164.99, for a total value of $82,495.00. Following the completion of the transaction, the director owned 28,100 shares of the company’s stock, valued at approximately $4,636,219. This represents a 1.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Hong Q. Hou sold 2,000 shares of the firm’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $133.00, for a total value of $266,000.00. Following the transaction, the chief executive officer directly owned 64,799 shares in the company, valued at $8,618,267. This trade represents a 2.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 21,734 shares of company stock worth $3,133,986 over the last quarter. Insiders own 0.44% of the company’s stock.
Semtech Profile (Free Report)
Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.
A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.
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Archer Investment Corp ve 2. čtvrtletí koupila novou pozici v Semtech za zhruba 775 000 USD. Firma zároveň oznámila rekordní tržby ve výši 341,9 milionu USD a zisk na akcii (EPS) 0,71 USD, nad odhadem 0,61 USD.
Archer Investment Corp purchased a new position in Semtech Corporation (NASDAQ:SMTC – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 4,786 shares of the semiconductor company’s stock, valued at approximately $775,000.
A number of other hedge funds have also recently bought and sold shares of the business. Andar Capital Management HK Ltd bought a new stake in shares of Semtech in the second quarter worth $162,000,000. BlackRock Inc. bought a new position in Semtech during the 2nd quarter valued at $1,577,947,000. Think Investments LP acquired a new position in Semtech during the 3rd quarter worth $58,618,000. Ameriprise Financial Inc. grew its holdings in Semtech by 10.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 7,112,097 shares of the semiconductor company’s stock worth $321,040,000 after acquiring an additional 666,456 shares in the last quarter. Finally, Atreides Management LP bought a new stake in shares of Semtech in the 2nd quarter worth about $29,880,000.
Analysts Set New Price Targets Several analysts have weighed in on SMTC shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Semtech in a research note on Thursday, June 18th. Susquehanna boosted their price objective on shares of Semtech from $170.00 to $200.00 and gave the company a “positive” rating in a research report on Wednesday, May 27th. Robert W. Baird increased their price objective on shares of Semtech from $225.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday. Morgan Stanley raised their target price on shares of Semtech from $175.00 to $195.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, Mizuho set a $225.00 target price on Semtech in a research note on Wednesday, May 27th. Fifteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Semtech presently has an average rating of “Moderate Buy” and a consensus target price of $204.71.
Get Our Latest Stock Report on Semtech Insider Buying and Selling at Semtech In other news, CFO Mark Lin sold 970 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $150.41, for a total transaction of $145,897.70. Following the completion of the transaction, the chief financial officer owned 34,896 shares of the company’s stock, valued at approximately $5,248,707.36. This represents a 2.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jason Elliot Green sold 2,264 shares of Semtech stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $129.90, for a total value of $294,093.60. Following the sale, the executive vice president directly owned 8,611 shares in the company, valued at approximately $1,118,568.90. This trade represents a 20.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 21,734 shares of company stock valued at $3,133,986 in the last three months. Company insiders own 0.44% of the company’s stock.
Semtech News Summary Here are the key news stories impacting Semtech this week:
Positive Sentiment: Strong quarterly results: Semtech reported record sales of approximately $341.9 million, up about 33% year over year, while adjusted earnings of $0.71 per share exceeded the $0.61 consensus estimate. Net income reportedly expanded 89%. Why Semtech Stock Was Flying This Week Positive Sentiment: AI data-center momentum: Reports highlight roughly $100 million in AI data-center demand and identify connectivity as a potential bottleneck for AI infrastructure. This supports expectations for continued growth in Semtech’s analog and signal-integrity businesses. Analog Bets Pay Off: Semtech Shatters Records as AI Data Center Demand Hits $100M Positive Sentiment: Raised outlook and improving balance sheet: Coverage cites higher guidance, expanding margins, debt reduction, and expectations for stronger near-term growth. The company’s reported third-quarter fiscal 2027 EPS outlook is $1.02–$1.08. Semtech Stock Rallies on Strong Q2 Results and Raised Guidance Positive Sentiment: Analyst support: Northland Securities upgraded Semtech to Outperform with a $182 price target, while Needham reaffirmed its Buy rating. Other coverage points to a consensus target near $200, reinforcing the bullish narrative. Northland lifts Semtech rating Neutral Sentiment: New product opportunity: The LoRa Plus transceiver lineup could strengthen Semtech’s position in long-range IoT connectivity, although the financial contribution and adoption pace remain uncertain. What Does Semtech Gain From Its New LoRa Plus Transceivers? Negative Sentiment: Valuation and volatility risks: Semtech trades at a high earnings multiple, and its elevated beta makes the stock sensitive to profit-taking after a sharp advance. Unusually high trading volume indicates that investors are actively reassessing the shares following earnings. Semtech Sees Unusually-High Trading Volume After Strong Earnings Semtech Stock Performance Shares of SMTC opened at $131.17 on Friday. The company has a market capitalization of $12.24 billion, a PE ratio of 86.87 and a beta of 2.35. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.70 and a quick ratio of 1.62. Semtech Corporation has a one year low of $55.18 and a one year high of $177.35. The company’s fifty day moving average price is $135.08 and its 200 day moving average price is $119.10.
Semtech (NASDAQ:SMTC – Get Free Report) last issued its quarterly earnings results on Tuesday, August 25th. The semiconductor company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.61 by $0.10. Semtech had a return on equity of 21.74% and a net margin of 13.11%.The company had revenue of $341.87 million for the quarter, compared to the consensus estimate of $328.67 million. During the same period in the previous year, the business posted $0.41 EPS. The company’s revenue for the quarter was up 32.7% on a year-over-year basis. Semtech has set its Q3 2027 guidance at 1.020-1.080 EPS. As a group, analysts expect that Semtech Corporation will post 1.81 earnings per share for the current year.
About Semtech (Free Report)
Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.
A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.
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Semtech zveřejní výsledky za 2. čtvrtletí po uzavření trhu v úterý 25. srpna a analytici čekají EPS 61 centů při tržbách 328,64 milionu USD. Firma zároveň prodala mobilní modulový byznys Compal Electronics za 62 milionů USD v hotovosti.
Semtech Corporation (NASDAQ:SMTC) will release its second quarter earnings report after the closing bell on Tuesday, Aug. 25.
Analysts expect the Camarillo, California-based company to report quarterly earnings of 61 cents per share, up from 41 cents per share in the year-ago period. The consensus estimate for Semtech’s quarterly revenue is $328.64 million. It reported $257.6 million last year, according to Benzinga Pro.
On Aug. 13, Semtech agreed to sell its cellular module business to Compal Electronics for $62 million in cash.
Shares of Semtech fell 0.6% to close at $124.09 on Friday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.
BMO Capital analyst Harsh Kumar initiated coverage on the stock with an Outperform rating and a price target of $155 on Aug. 21, 2026. This analyst has an accuracy rate of 86%. Needham analyst N. Quinn Bolton maintained a Buy with a price target of $200 on Aug. 14, 2026. This analyst has an accuracy rate of 81%. TD Cowen analyst Sean O’Loughlin maintained a Buy rating and raised the price target from $210 to $215 on June 22, 2026. This analyst has an accuracy rate of 72%. UBS analyst Timothy Arcuri maintained a Buy rating and boosted the price target from $165 to $225 on May 27, 2026. This analyst has an accuracy rate of 88%. B. Riley Securities analyst Craig Kennison maintained a Buy rating and raised the price target from $165 to $210 on May 27, 2026. This analyst has an accuracy rate of 58%. Trending
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Considering buying SMTC stock? Here’s what analysts think:
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Semtech čeká na výsledky za 2. fiskální čtvrtletí s tržbami 328 mil. USD, což by znamenalo meziroční růst o 27,5 %. Non-GAAP EPS má být 61 centů, tedy o 51 % více než před rokem.
Key Takeaways Semtech is set to report Q2 results, with revenues expected to rise 27.5% year over year.Data center demand, FiberEdge adoption and 1.6T architectures are expected to support SMTC's growth.LoRa deployments and premium handset content could boost Semtech's industrial and consumer businesses. Semtech Corporation (SMTC - Free Report) is scheduled to report second-quarter fiscal 2027 results on Aug. 25.
For the fiscal second quarter, Semtech anticipates revenues to be $328 million (+/- $5 million). The Zacks Consensus Estimate for revenues is pegged at $328.4 million, indicating a rise of 27.5% from the year-ago quarter.
SMTC expects non-GAAP earnings per share to be 61 cents (+/- 2 cents). The consensus mark for the same is pegged at 62 cents, unchanged over the past 60 days, indicating a year-over-year rise of 51%.
Factors to Consider for SMTC StockSemtech’s performance in the to-be-reported quarter is likely to have benefited from continued momentum across its infrastructure, industrial and high-end consumer end markets. The company’s data center business remains a key growth driver as demand for high-speed optical and copper interconnect solutions accelerates alongside the expansion of artificial intelligence infrastructure.
Increasing adoption of FiberEdge products and the transition to next-generation 1.6T architectures are expected to have supported growth in the to-be-reported quarter. The broader evaluation and deployment of CopperEdge solutions for active copper cable and onboard linear equalizer applications could have further strengthened the company’s data center opportunity.
LoRa is also expected to have remained an important contributor to Semtech’s industrial business. Broader deployments across utilities, smart buildings, smart cities and asset management are likely to have supported demand. The company’s efforts to expand LoRa into multi-protocol applications through LoRa Plus could have strengthened its addressable market, while growing design-win momentum and emerging consumer applications are expected to have provided additional support in the to-be-reported quarter.
Semtech’s high-end consumer business is likely to have benefited from increasing content per premium handset, continued gains in protection products and expanding sensing opportunities. Improving seasonal demand in the second quarter might have provided an additional tailwind. The company’s efforts to extend its protection franchise into power-delivery applications and to broaden its sensing portfolio are also expected to have supported growth.
Semtech’s optical roadmap might have benefited from the integration of HieFo, which expands its photonics capabilities for next-generation optical applications. Continued investment in coherent optics, co-packaged optics initiatives, LoRa and sensing is likely to have strengthened its long-term product pipeline.
What Our Proven Model Says for SMTC’s Q2 EarningsAccording to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here.
Semtech has an Earnings ESP of 0.00% and carries a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks to ConsiderHere are some stocks you may want to consider in the broader Zacks Computer and Technology sector, as our model shows that these have the right combination of elements to post an earnings beat:
Dell Technologies (DELL - Free Report) has an Earnings ESP of +6.42% and sports a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Dell Technologies is slated to report second-quarter fiscal 2027 results on Sept. 1. The Zacks Consensus Estimate for DELL’s second-quarter earnings is pegged at $4.88 per share, down by a penny over the past 30 days, indicating a rise of 110.3% from the year-ago quarter’s reported figure.
Hewlett Packard Enterprise (HPE - Free Report) has an Earnings ESP of +9.96% and carries a Zacks Rank #2 at present.
Hewlett Packard is set to report third-quarter fiscal 2026 results on Sept. 2. The Zacks Consensus Estimate for HPE’s third-quarter earnings is pegged at 94 cents per share, up by a penny over the past 30 days, indicating a rise of 113.6% from the year-ago quarter’s reported figure.
Intuit (INTU - Free Report) has an Earnings ESP of +0.08% and carries a Zacks Rank #3 at present.
Intuit is set to report fourth-quarter fiscal 2026 results on Aug. 25. The Zacks Consensus Estimate for INTU’s fourth-quarter earnings is pegged at $3.59 per share, unchanged over the past 30 days, indicating a rise of 30.6% from the year-ago quarter’s reported figure.
