Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Raised to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a hold rating to a strong-buy rating in a research report released on Tuesday,Zacks reports.

LSCC has been the subject of a number of other reports. William Blair started coverage on Lattice Semiconductor in a research note on Tuesday, October 6th. They issued an “outperform” rating for the company. KeyCorp boosted their price target on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Benchmark initiated coverage on shares of Lattice Semiconductor in a research note on Tuesday, August 25th. They set a “buy” rating and a $160.00 target price on the stock. Jefferies Financial Group boosted their target price 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. Finally, Royal Bank Of Canada increased their price target on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research note on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Lattice Semiconductor presently has a consensus rating of “Buy” and a consensus target price of $144.77.

Lattice Semiconductor Trading Up 0.6%

LSCC opened at $104.17 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.02 and a quick ratio of 2.33. The company’s 50 day simple moving average is $116.10 and its two-hundred day simple moving average is $115.23. Lattice Semiconductor has a 1-year low of $60.50 and a 1-year high of $157.01. The firm has a market capitalization of $14.27 billion, a price-to-earnings ratio of 400.65, a price-to-earnings-growth ratio of 1.47 and a beta of 1.83.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $185.50 million. During the same period in the prior year, the business earned $0.24 earnings per share. The business’s revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Analysts expect that Lattice Semiconductor will post 1.10 EPS for the current fiscal year.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $111.83, for a total value of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares of the company’s stock, valued at $8,214,584.48. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 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. Also, SVP Esam Elashmawi sold 15,742 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the transaction, the senior vice president directly owned 155,420 shares of the company’s stock, valued at approximately $20,945,953.40. This trade represents a 9.20% decrease in their position. 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 ninety days, insiders have sold 19,661 shares of company stock worth $2,587,259. Company insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

Large investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Lattice Semiconductor in the second quarter worth approximately $2,637,161,000. William Blair Investment Management LLC acquired a new position in Lattice Semiconductor during the 2nd quarter worth approximately $177,497,000. TimesSquare Capital Management LLC purchased a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $173,633,000. Bank of New York Mellon Corp purchased a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $139,705,000. Finally, Bank of America Corp DE acquired a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at $94,740,000. 98.08% of the stock is currently owned by institutional investors and hedge funds.

About Lattice Semiconductor

Lattice Semiconductor Corporation (NASDAQ: LSCC) designs and develops low-power programmable semiconductor devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system control solutions, and connectivity products that enable customers to configure and update electronic systems after manufacturing.

The company’s products are used in communications and networking equipment, industrial systems, automotive applications, data-center and computing hardware, consumer electronics, and aerospace and defense products.