Lattice Semiconductor (NASDAQ:LSCC) Price Target Cut to $130.00 by Analysts at TD Cowen

Lattice Semiconductor (NASDAQ:LSCC) had its price objective decreased by TD Cowen from $165.00 to $130.00 in a research note published on Monday morning,Benzinga reports. TD Cowen currently has a buy rating on the semiconductor company’s stock.

A number of other equities research analysts also recently issued reports on LSCC. KeyCorp upped their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Jefferies Financial Group increased their price objective on shares of Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Thursday. Rosenblatt Securities restated a “buy” rating and issued a $175.00 target price on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. Finally, Needham & Company LLC boosted their target price on Lattice Semiconductor from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $144.77.

Lattice Semiconductor Price Performance

LSCC opened at $108.73 on Monday. Lattice Semiconductor has a 1 year low of $60.50 and a 1 year high of $157.01. 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 has a market capitalization of $14.90 billion, a price-to-earnings ratio of 418.19, a P/E/G ratio of 1.59 and a beta of 1.83. The firm’s fifty day moving average price is $119.56 and its two-hundred day moving average price is $126.19.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The firm’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. As a group, analysts anticipate that Lattice Semiconductor will post 1.10 earnings per share for the current fiscal year.

Insider Transactions at Lattice Semiconductor

In related news, SVP Tracy Feanny sold 1,880 shares of the stock in a transaction dated Tuesday, August 18th. The shares were 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 in the company, valued at approximately $7,613,741.03. This represents a 3.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $111.83, for a total transaction of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares of the company’s stock, valued at approximately $8,214,584.48. The trade was a 2.70% decrease in their position. The SEC filing for this sale provides additional information. 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 have sold 19,661 shares of company stock worth $2,587,259 in the last ninety days. Company insiders own 0.62% of the company’s stock.

Institutional Trading of Lattice Semiconductor

Several hedge funds have recently added to or reduced their stakes in the stock. Danske Bank A S bought a new position in shares of Lattice Semiconductor during the 2nd quarter valued at approximately $46,000. Meeder Asset Management Inc. purchased a new stake in shares of Lattice Semiconductor during the 2nd quarter worth approximately $46,000. Burkett Financial Services LLC bought a new stake in shares of Lattice Semiconductor in the 3rd quarter worth approximately $38,000. V Square Quantitative Management LLC raised its holdings in shares of Lattice Semiconductor by 38.6% in the 1st quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock worth $48,000 after purchasing an additional 143 shares during the period. Finally, Versant Capital Management Inc raised its holdings in shares of Lattice Semiconductor by 53.5% in the 2nd quarter. Versant Capital Management Inc now owns 531 shares of the semiconductor company’s stock worth $81,000 after purchasing an additional 185 shares during the period. 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.