Lattice Semiconductor (NASDAQ:LSCC) Upgraded at Benchmark

Lattice Semiconductor (NASDAQ:LSCC) was upgraded by equities researchers at Benchmark to a “strong-buy” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other brokerages also recently weighed in on LSCC. TD Cowen raised their target price on shares of Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Rosenblatt Securities restated a “buy” rating and issued a $175.00 price target on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. Royal Bank Of Canada raised their price objective on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Wall Street Zen raised Lattice Semiconductor from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 8th. Finally, Zacks Research upgraded Lattice Semiconductor from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $147.46.

Lattice Semiconductor Stock Up 0.9%

NASDAQ:LSCC opened at $120.47 on Tuesday. 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 firm’s 50-day moving average price is $131.37 and its 200-day moving average price is $119.82. The company has a market capitalization of $16.51 billion, a PE ratio of 463.35, a P/E/G ratio of 1.81 and a beta of 1.81. Lattice Semiconductor has a 1-year low of $60.50 and a 1-year high of $157.01.

Lattice Semiconductor (NASDAQ:LSCC) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $185.50 million. During the same period last year, the company posted $0.24 EPS. Lattice Semiconductor’s revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. On average, equities analysts predict that Lattice Semiconductor will post 1.12 EPS for the current fiscal year.

Insider Activity

In other news, SVP Esam Elashmawi sold 15,742 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $134.77, for a total transaction of $2,121,549.34. Following the sale, the senior vice president owned 155,420 shares in the company, valued at $20,945,953.40. This represents a 9.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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. Also, Director James P. Lederer sold 6,101 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the sale, the director owned 41,201 shares in the company, valued at approximately $6,342,481.94. The trade was a 12.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 28,502 shares of company stock valued at $4,005,820 in the last quarter. 0.62% of the stock is owned by company insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its position in Lattice Semiconductor by 15,228.0% in the 2nd quarter. California State Teachers Retirement System now owns 24,285,306 shares of the semiconductor company’s stock valued at $3,714,680,000 after acquiring an additional 24,126,868 shares in the last quarter. BlackRock Inc. bought a new stake in shares of Lattice Semiconductor in the 2nd quarter worth $2,637,161,000. Invesco Ltd. increased its holdings in shares of Lattice Semiconductor by 177.3% in the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock worth $445,538,000 after purchasing an additional 3,885,482 shares in the last quarter. State Street Corp raised its stake in shares of Lattice Semiconductor by 1.8% in the second quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after purchasing an additional 85,973 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Lattice Semiconductor by 2.5% in the fourth quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock worth $254,433,000 after purchasing an additional 84,812 shares during the last quarter. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile

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.