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

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other brokerages have also issued reports on LSCC. Weiss Ratings upgraded Lattice Semiconductor from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada lifted their price target on Lattice Semiconductor from $118.00 to $140.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Rosenblatt Securities lifted their price target on Lattice Semiconductor from $105.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Wall Street Zen upgraded Lattice Semiconductor from a “hold” rating to a “buy” rating in a research note on Sunday, February 15th. Finally, TD Cowen lifted their price target on Lattice Semiconductor from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $129.07.

View Our Latest Research Report on Lattice Semiconductor

Lattice Semiconductor Price Performance

Lattice Semiconductor stock opened at $125.65 on Tuesday. The stock’s fifty day moving average price is $104.28 and its two-hundred day moving average price is $88.05. Lattice Semiconductor has a one year low of $43.90 and a one year high of $130.00. The firm has a market cap of $17.22 billion, a PE ratio of 897.56, a price-to-earnings-growth ratio of 3.12 and a beta of 1.76.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last posted its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The firm had revenue of $170.90 million for the quarter, compared to analyst estimates of $164.93 million. During the same quarter last year, the company earned $0.22 EPS. The company’s revenue was up 42.2% on a year-over-year basis. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. Sell-side analysts expect that Lattice Semiconductor will post 1.01 earnings per share for the current fiscal year.

Insider Buying and Selling at Lattice Semiconductor

In related news, SVP Erhaan Shaikh sold 1,577 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $93.33, for a total transaction of $147,181.41. Following the sale, the senior vice president owned 82,617 shares in the company, valued at $7,710,644.61. The trade was a 1.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Ford Tamer sold 3,544 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $90.63, for a total value of $321,192.72. Following the sale, the chief executive officer owned 281,883 shares in the company, valued at $25,547,056.29. This represents a 1.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 48,814 shares of company stock worth $4,744,524 over the last three months. 0.62% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lattice Semiconductor

A number of hedge funds and other institutional investors have recently bought and sold shares of LSCC. Royal Bank of Canada grew its position in Lattice Semiconductor by 213.3% during the 1st quarter. Royal Bank of Canada now owns 176,938 shares of the semiconductor company’s stock worth $9,280,000 after acquiring an additional 120,464 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Lattice Semiconductor by 59.5% during the 1st quarter. AQR Capital Management LLC now owns 8,799 shares of the semiconductor company’s stock worth $460,000 after buying an additional 3,283 shares during the period. Goldman Sachs Group Inc. lifted its holdings in Lattice Semiconductor by 37.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 963,493 shares of the semiconductor company’s stock worth $50,535,000 after buying an additional 264,329 shares during the period. Cetera Investment Advisers lifted its holdings in Lattice Semiconductor by 28.8% during the 2nd quarter. Cetera Investment Advisers now owns 6,432 shares of the semiconductor company’s stock worth $315,000 after buying an additional 1,440 shares during the period. Finally, Guggenheim Capital LLC lifted its holdings in Lattice Semiconductor by 9.5% during the 2nd quarter. Guggenheim Capital LLC now owns 19,746 shares of the semiconductor company’s stock worth $967,000 after buying an additional 1,717 shares during the period. Institutional investors own 98.08% of the company’s stock.

Lattice Semiconductor Company Profile

(Get Free Report)

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.

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