Wall Street Zen upgraded shares of Lattice Semiconductor (NASDAQ:LSCC – Free Report) from a buy rating to a strong-buy rating in a research report sent to investors on Saturday.
Several other research firms have also recently commented on LSCC. Stifel Nicolaus boosted their price target on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Jefferies Financial Group raised their price objective on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Zacks Research cut shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Robert W. Baird boosted their target price on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada increased their target price on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Twelve analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Lattice Semiconductor presently has a consensus rating of “Moderate Buy” and an average target price of $144.38.
Read Our Latest Research Report on Lattice Semiconductor
Lattice Semiconductor Price Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same period in the previous year, the company posted $0.24 earnings per share. The business’s revenue for the quarter was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Analysts anticipate that Lattice Semiconductor will post 1.02 earnings per share for the current fiscal year.
Insider Transactions at Lattice Semiconductor
In other news, SVP Tracy Ann Feanny sold 2,740 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total value of $416,041.60. Following the completion of the transaction, the senior vice president owned 63,084 shares in the company, valued at approximately $9,578,674.56. This represents a 4.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the completion of the sale, the senior vice president directly owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. This trade represents a 2.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 10,880 shares of company stock worth $1,646,582. 0.62% of the stock is currently owned by insiders.
Institutional Investors Weigh In On Lattice Semiconductor
Several large investors have recently modified their holdings of LSCC. BlackRock Inc. purchased a new stake in Lattice Semiconductor in the 2nd quarter valued at $2,637,161,000. Invesco Ltd. increased its stake in Lattice Semiconductor by 177.3% in the third quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after purchasing an additional 3,885,482 shares during the period. State Street Corp raised its holdings in shares of Lattice Semiconductor by 1.8% in the second quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock valued at $237,718,000 after buying an additional 85,973 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Lattice Semiconductor by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after buying an additional 84,812 shares during the period. Finally, Bank of America Corp DE grew its holdings in shares of Lattice Semiconductor by 77.4% during the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after buying an additional 1,390,109 shares during the last quarter. 98.08% of the stock is owned by institutional investors and hedge funds.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
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