Recent Investment Analysts’ Ratings Updates for Semtech (SMTC)

A number of research firms have changed their ratings and price targets for Semtech (NASDAQ: SMTC):

• 3/24/2026 – Semtech was downgraded by Weiss Ratings from “hold (c-)” to “sell (d-)”.
• 3/17/2026 – Semtech had its price target raised by Oppenheimer Holdings, Inc. from $100.00 to $110.00. They now have an “outperform” rating on the stock.
• 3/17/2026 – Semtech had its price target raised by Craig Hallum from $80.00 to $105.00. They now have a “buy” rating on the stock.
• 3/17/2026 – Semtech had its price target raised by Stifel Nicolaus from $90.00 to $98.00. They now have a “buy” rating on the stock.
• 3/17/2026 – Semtech had its price target raised by Robert W. Baird from $88.00 to $110.00. They now have an “outperform” rating on the stock.
• 3/17/2026 – Semtech had its price target raised by Needham & Company LLC from $100.00 to $105.00. They now have a “buy” rating on the stock.
• 3/17/2026 – Semtech had its “buy” rating reaffirmed by Benchmark Co.. They now have a $115.00 price target on the stock.
• 3/16/2026 – Semtech had its price target raised by Morgan Stanley from $75.00 to $85.00. They now have an “equal weight” rating on the stock.
• 3/10/2026 – Semtech had its “outperform” rating reaffirmed by Oppenheimer Holdings, Inc.. They now have a $100.00 price target on the stock, up from $81.00.
• 3/9/2026 – Semtech had its price target raised by Susquehanna from $90.00 to $100.00. They now have a “positive” rating on the stock.
• 3/4/2026 – Semtech had its price target raised by Benchmark Co. from $85.00 to $115.00. They now have a “buy” rating on the stock.
• 2/24/2026 – Semtech had its “buy” rating reaffirmed by TD Cowen.

Insider Buying and Selling

In other Semtech news, CFO Mark Lin sold 9,186 shares of Semtech stock in a transaction dated Tuesday, March 24th. The stock was sold at an average price of $75.05, for a total transaction of $689,409.30. Following the transaction, the chief financial officer directly owned 32,710 shares in the company, valued at approximately $2,454,885.50. The trade was a 21.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Saar Gillai sold 3,600 shares of Semtech stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $75.26, for a total transaction of $270,936.00. Following the completion of the transaction, the director directly owned 9,523 shares in the company, valued at approximately $716,700.98. The trade was a 27.43% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 49,377 shares of company stock worth $4,055,452. 0.48% of the stock is currently owned by company insiders.

Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.

A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.