Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Upgraded by Zacks Research

Lattice Semiconductor (NASDAQ:LSCC) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday, Zacks reports.

Several other equities analysts have also recently issued reports on the stock. TD Cowen reduced their price target on shares of Lattice Semiconductor from $165.00 to $130.00 and set a “buy” rating on the stock in a research report on Monday, October 19th. KeyCorp raised their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Thursday, October 15th. Royal Bank Of Canada lifted their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group upped their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $144.77.

Lattice Semiconductor Price Performance

Shares of Lattice Semiconductor stock opened at $104.17 on Tuesday. The company has a market cap of $14.27 billion, a PE ratio of 400.65, a P/E/G ratio of 1.47 and a beta of 1.83. The business has a 50 day moving average of $116.10 and a 200 day moving average of $115.23. Lattice Semiconductor has a 52 week low of $60.50 and a 52 week high of $157.01. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings data 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 net margin of 5.58% and a return on equity of 10.92%. The business had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. During the same period in the previous year, the firm earned $0.24 EPS. The company’s quarterly 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. As a group, equities research analysts forecast that Lattice Semiconductor will post 1.10 earnings per share for the current year.

Insider Activity

In other 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 sale, the senior vice president directly owned 73,456 shares of the company’s stock, valued at $8,214,584.48. This represents a 2.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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 Tracy Feanny sold 1,880 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the completion of the transaction, the senior vice president owned 60,221 shares of the company’s stock, valued at approximately $7,613,741.03. The trade was a 3.03% 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. In the last 90 days, insiders have sold 19,661 shares of company stock worth $2,587,259. Corporate insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On Lattice Semiconductor

Hedge funds and other institutional investors have recently bought and sold shares of the business. Reyes Financial Architecture Inc. purchased a new position in shares of Lattice Semiconductor in the third quarter worth $37,000. Danske Bank A S bought a new position in shares of Lattice Semiconductor during the second quarter valued at $46,000. Meeder Asset Management Inc. purchased a new stake in shares of Lattice Semiconductor during the second quarter valued at $46,000. Burkett Financial Services LLC purchased a new stake in shares of Lattice Semiconductor during the third quarter valued at $38,000. Finally, V Square Quantitative Management LLC boosted its position in shares of Lattice Semiconductor by 38.6% during the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock valued at $48,000 after buying an additional 143 shares during the last quarter. Hedge funds and other institutional investors own 98.08% of the company’s stock.

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.