Lattice Semiconductor (NASDAQ:LSCC) Updates Q3 2026 Earnings Guidance

Lattice Semiconductor (NASDAQ:LSCC) updated its third quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.540-0.580 for the period, compared to the consensus earnings per share estimate of 0.430. The company issued revenue guidance of $210.0 million-$230.0 million, compared to the consensus revenue estimate of $192.8 million.

Lattice Semiconductor Trading Down 6.3%

Shares of NASDAQ:LSCC traded down $8.73 during trading on Wednesday, reaching $129.27. The company’s stock had a trading volume of 1,768,152 shares, compared to its average volume of 2,042,640. The firm’s 50 day simple moving average is $138.51 and its two-hundred day simple moving average is $114.97. Lattice Semiconductor has a 12 month low of $55.62 and a 12 month high of $157.01. The stock has a market capitalization of $17.71 billion, a PE ratio of 924.20, a price-to-earnings-growth ratio of 3.14 and a beta of 1.81.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.09. The business had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The company’s revenue for the quarter was up 62.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.24 earnings per share. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Research analysts anticipate that Lattice Semiconductor will post 1.02 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms have issued reports on LSCC. Robert W. Baird lifted their target price on Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. TD Cowen boosted their price objective on shares of Lattice Semiconductor from $145.00 to $165.00 and gave the stock a “buy” rating in a research note on Monday, July 13th. Rosenblatt Securities restated a “buy” rating and issued a $175.00 target price on shares of Lattice Semiconductor in a research note on Tuesday. Zacks Research downgraded Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Stifel Nicolaus increased their price objective on Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Twelve research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $144.38.

Insider Activity

In other Lattice Semiconductor news, SVP Tracy Ann Feanny sold 2,740 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was 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 directly owned 63,084 shares of the company’s stock, valued at approximately $9,578,674.56. The trade was a 4.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the sale, the senior vice president owned 73,519 shares in the company, valued at approximately $10,505,129.91. This represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold a total of 10,880 shares of company stock valued at $1,646,582 in the last quarter. 0.62% of the stock is currently owned by company insiders.

Key Headlines Impacting Lattice Semiconductor

Here are the key news stories impacting Lattice Semiconductor this week:

• Positive Sentiment: Q2 results exceeded expectations. Lattice reported non-GAAP EPS of $0.53 versus the $0.44 consensus estimate and revenue of approximately $201.1 million versus expectations of $185.5 million. Revenue increased 62.2% year over year, supported by stronger demand across its business. Lattice Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management issued strong third-quarter guidance. Lattice expects FPGA revenue of $210 million to $230 million and total revenue of $245 million to $265 million, including roughly two months of contribution from its recently completed $1.65 billion AMI acquisition. Lattice Reports Record Q2 Revenue
• Positive Sentiment: AI and AMI expansion are strengthening the growth narrative. The company cited AI infrastructure demand, improving industrial markets and a backlog extending through 2027. Needham raised its price target to $160 and reaffirmed a Buy-equivalent outlook, while Rosenblatt maintained a Buy rating with a $175 target. Lattice Q2 Earnings Call Highlights
• Neutral Sentiment: Technical signals are constructive. LSCC moved above its 20-day moving average after finding support, creating a potential short-term bullish “golden cross” signal. Lattice Golden Cross Signal
• Negative Sentiment: The strong report may have triggered profit-taking. Although analysts raised forecasts and targets, the stock moved lower following the results, suggesting expectations were already high. LSCC’s very rich earnings multiple leaves limited room for disappointment.
• Negative Sentiment: Insider selling is a potential overhang. Reported insider activity over the past six months included 57 sales and no purchases, including sales by senior executives. Investors may also be monitoring AMI integration and acquisition-related execution risks.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. iSAM Funds UK Ltd acquired a new stake in shares of Lattice Semiconductor during the 3rd quarter valued at about $25,000. Smartleaf Asset Management LLC grew its holdings in Lattice Semiconductor by 462.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after purchasing an additional 324 shares during the period. Measured Wealth Private Client Group LLC purchased a new stake in shares of Lattice Semiconductor in the third quarter valued at approximately $31,000. Advisory Services Network LLC acquired a new position in shares of Lattice Semiconductor during the 3rd quarter worth approximately $34,000. Finally, State of Wyoming purchased a new position in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $51,000. Hedge funds and other institutional investors own 98.08% of the company’s stock.

About Lattice Semiconductor

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.