Equities Analysts Issue Forecasts for Semtech Co.’s Q2 2026 Earnings (NASDAQ:SMTC)

Semtech Co. (NASDAQ:SMTC) – Stock analysts at Northland Capmk issued their Q2 2026 earnings per share estimates for shares of Semtech in a note issued to investors on Monday, April 1st. Northland Capmk analyst G. Richard expects that the semiconductor company will post earnings per share of $0.18 for the quarter. The consensus estimate for Semtech’s current full-year earnings is $0.11 per share. Northland Capmk also issued estimates for Semtech’s Q3 2026 earnings at $0.28 EPS and Q4 2026 earnings at $0.36 EPS.

A number of other equities analysts also recently commented on SMTC. Craig Hallum upped their target price on Semtech from $30.00 to $36.00 and gave the company a “buy” rating in a report on Monday. Needham & Company LLC upped their target price on Semtech from $26.00 to $38.00 and gave the company a “buy” rating in a report on Monday. Oppenheimer restated a “market perform” rating on shares of Semtech in a report on Monday. Northland Securities upped their price target on Semtech from $30.00 to $36.50 and gave the stock an “outperform” rating in a research note on Monday. Finally, Stifel Nicolaus upped their price target on Semtech from $26.00 to $31.00 and gave the stock a “buy” rating in a research note on Monday. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $39.35.

Semtech Price Performance

Shares of Semtech stock opened at $28.19 on Wednesday. The company has a debt-to-equity ratio of 4.11, a current ratio of 2.46 and a quick ratio of 1.72. The business’s 50 day simple moving average is $22.02 and its two-hundred day simple moving average is $20.50. The stock has a market capitalization of $1.81 billion, a P/E ratio of -1.66, a price-to-earnings-growth ratio of 17.13 and a beta of 1.85. Semtech has a one year low of $13.13 and a one year high of $30.84.

Institutional Investors Weigh In On Semtech

Institutional investors have recently modified their holdings of the stock. Neo Ivy Capital Management purchased a new stake in shares of Semtech in the second quarter worth $41,000. Quarry LP purchased a new stake in shares of Semtech during the first quarter valued at $49,000. Cape Investment Advisory Inc. purchased a new stake in shares of Semtech during the fourth quarter valued at $63,000. Captrust Financial Advisors boosted its position in shares of Semtech by 186.5% during the first 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. Finally, Tower Research Capital LLC TRC boosted its position in shares of Semtech by 35.3% during the third 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.

Semtech Company Profile

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.