Semtech (NASDAQ:SMTC) Issues Q1 2025 Earnings Guidance

Semtech (NASDAQ:SMTC) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of -0.040-0.040 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $200.6 million. Semtech also updated its Q1 guidance to $(0.04)-$0.04 EPS.

Semtech Stock Performance

Shares of NASDAQ:SMTC opened at $27.49 on Friday. Semtech has a twelve month low of $13.13 and a twelve month high of $32.44. The firm has a market cap of $1.77 billion, a PE ratio of -3.51, a price-to-earnings-growth ratio of 16.25 and a beta of 1.81. The company has a debt-to-equity ratio of 4.11, a quick ratio of 1.72 and a current ratio of 2.39. The business has a fifty day moving average of $21.63 and a 200-day moving average of $20.45.

Analysts Set New Price Targets

A number of analysts have recently weighed in on SMTC shares. Susquehanna raised their target price on Semtech from $25.00 to $30.00 and gave the company a positive rating in a research note on Thursday, March 14th. Needham & Company LLC decreased their price target on Semtech from $35.00 to $26.00 and set a buy rating on the stock in a report on Thursday, December 7th. Roth Mkm decreased their price target on Semtech from $46.00 to $42.00 and set a buy rating on the stock in a report on Thursday, December 7th. Robert W. Baird reiterated an outperform rating and issued a $40.00 price target on shares of Semtech in a report on Tuesday. Finally, Stifel Nicolaus raised their price target on Semtech from $22.00 to $26.00 and gave the company a buy rating in a report on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Moderate Buy and an average price target of $33.10.

Hedge Funds Weigh In On Semtech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SMTC. Neo Ivy Capital Management acquired a new stake in Semtech in the 2nd quarter valued at approximately $41,000. Quarry LP acquired a new stake in Semtech in the 1st quarter valued at approximately $49,000. Captrust Financial Advisors raised its position in Semtech by 186.5% in the 1st quarter. Captrust Financial Advisors now owns 1,020 shares of the semiconductor company’s stock valued at $71,000 after buying an additional 664 shares during the last quarter. Tower Research Capital LLC TRC raised its position in Semtech by 35.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,781 shares of the semiconductor company’s stock valued at $72,000 after buying an additional 726 shares during the last quarter. Finally, Point72 Hong Kong Ltd acquired a new stake in Semtech in the 1st quarter valued at approximately $84,000.

About Semtech

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products 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.