Lattice Semiconductor (NASDAQ:LSCC) Reaches New 12-Month High – Still a Buy?

Lattice Semiconductor Corporation (NASDAQ:LSCCGet Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $139.00 and last traded at $138.74, with a volume of 3958934 shares trading hands. The stock had previously closed at $124.24.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group raised their target price on Lattice Semiconductor from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Benchmark raised their target price on Lattice Semiconductor from $82.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th. Susquehanna lifted their price objective on Lattice Semiconductor from $100.00 to $120.00 and gave the stock a “positive” rating in a report on Wednesday, February 11th. Zacks Research raised Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Finally, Rosenblatt Securities lifted their price objective on Lattice Semiconductor from $105.00 to $175.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $130.86.

Get Our Latest Stock Analysis on Lattice Semiconductor

Lattice Semiconductor Trading Up 2.8%

The firm has a market cap of $19.62 billion, a PE ratio of 1,023.07, a price-to-earnings-growth ratio of 3.46 and a beta of 1.76. The stock has a fifty day simple moving average of $109.86 and a two-hundred day simple moving average of $90.80.

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

Insider Buying and Selling at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,366 shares of Lattice Semiconductor stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $92.41, for a total transaction of $218,642.06. Following the completion of the transaction, the senior vice president owned 80,826 shares of the company’s stock, valued at $7,469,130.66. The trade was a 2.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Ford Tamer sold 3,544 shares of Lattice Semiconductor stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $90.63, for a total value of $321,192.72. Following the transaction, the chief executive officer directly owned 281,883 shares of the company’s stock, valued at $25,547,056.29. The trade was a 1.24% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 29,995 shares of company stock worth $2,886,140. 0.62% of the stock is owned by corporate insiders.

Institutional Trading of Lattice Semiconductor

A number of large investors have recently modified their holdings of the business. HB Wealth Management LLC boosted its position in shares of Lattice Semiconductor by 3.7% during the 1st quarter. HB Wealth Management LLC now owns 3,335 shares of the semiconductor company’s stock valued at $309,000 after acquiring an additional 119 shares during the last quarter. Natixis Advisors LLC boosted its position in shares of Lattice Semiconductor by 0.5% during the 4th quarter. Natixis Advisors LLC now owns 23,000 shares of the semiconductor company’s stock valued at $1,692,000 after acquiring an additional 120 shares during the last quarter. Harbor Capital Advisors Inc. boosted its position in shares of Lattice Semiconductor by 1.2% during the 4th quarter. Harbor Capital Advisors Inc. now owns 12,466 shares of the semiconductor company’s stock valued at $917,000 after acquiring an additional 143 shares during the last quarter. V Square Quantitative Management LLC boosted its position in shares of Lattice Semiconductor by 38.6% during the 1st quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock valued at $48,000 after acquiring an additional 143 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. boosted its position in shares of Lattice Semiconductor by 0.7% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 21,312 shares of the semiconductor company’s stock valued at $1,563,000 after acquiring an additional 144 shares during the last quarter. Institutional investors own 98.08% of the company’s stock.

About Lattice Semiconductor

(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.

Further Reading

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