Lattice Semiconductor (NASDAQ:LSCC) Releases Quarterly Earnings Results

Lattice Semiconductor (NASDAQ:LSCC) released its earnings results on Tuesday. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09, FiscalAI reports. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The business had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. Lattice Semiconductor updated its Q3 2026 guidance to 0.540-0.580 EPS.

Lattice Semiconductor Stock Performance

Lattice Semiconductor stock traded up $10.82 during midday trading on Tuesday, reaching $138.00. The company’s stock had a trading volume of 3,509,540 shares, compared to its average volume of 2,045,672. The firm has a market capitalization of $18.91 billion, a PE ratio of 985.78, a P/E/G ratio of 3.07 and a beta of 1.81. Lattice Semiconductor has a fifty-two week low of $53.06 and a fifty-two week high of $157.01. The stock’s 50 day simple moving average is $138.76 and its 200 day simple moving average is $114.59.

Insider Activity at Lattice Semiconductor

In related news, Director Elizabeth M. Schwarting sold 3,200 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $124.53, for a total transaction of $398,496.00. Following the sale, the director owned 6,636 shares of the company’s stock, valued at approximately $826,381.08. The trade was a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $142.89, for a total transaction of $291,352.71. Following the transaction, the senior vice president owned 73,519 shares in the company, valued at $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last quarter, insiders sold 14,080 shares of company stock valued at $2,045,078. Company insiders own 0.62% of the company’s stock.

Institutional Investors Weigh In On Lattice Semiconductor

A number of hedge funds and other institutional investors have recently modified their holdings of LSCC. Invesco Ltd. grew 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 acquiring an additional 3,885,482 shares during the period. State Street Corp boosted its position in Lattice Semiconductor by 1.8% during 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 in the last quarter. Bank of America Corp DE boosted its position in Lattice Semiconductor by 77.4% during the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after purchasing an additional 1,390,109 shares in the last quarter. Rafferty Asset Management LLC grew its holdings in Lattice Semiconductor by 63.3% in the second quarter. Rafferty Asset Management LLC now owns 1,785,278 shares of the semiconductor company’s stock valued at $87,461,000 after purchasing an additional 692,041 shares during the last quarter. Finally, Morgan Stanley grew its holdings in Lattice Semiconductor by 6.1% in the fourth quarter. Morgan Stanley now owns 1,480,940 shares of the semiconductor company’s stock valued at $108,968,000 after purchasing an additional 85,115 shares during the last quarter. 98.08% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on LSCC shares. Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Wall Street Zen downgraded shares of Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Monday, July 20th. Royal Bank Of Canada boosted their price target on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 5th. Zacks Research cut shares of Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Finally, KeyCorp increased their price target on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the stock an “overweight” rating in a report on Tuesday, May 5th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $132.29.

Lattice Semiconductor News Summary

Here are the key news stories impacting Lattice Semiconductor this week:

• Positive Sentiment: Record revenue and earnings beat: Fiscal Q2 2026 revenue reached $201.1 million, up 62.2% year over year and 17.7% sequentially, exceeding the $185.5 million consensus estimate. Non-GAAP EPS was $0.53 versus expectations of $0.44. Gross margin was a robust 70.3%, while operating cash flow reached $88.3 million. Lattice Semiconductor reports record Q2 revenue of $201.1 million
• Positive Sentiment: Strong third-quarter outlook: Lattice guided for Q3 EPS of $0.54–$0.58, compared with the $0.43 analyst consensus. FPGA revenue is expected at $210 million–$230 million, above the $192.8 million consensus revenue estimate, while total revenue including approximately two months of AMI contribution is projected at $245 million–$265 million. Lattice Semiconductor earnings press release
• Positive Sentiment: AMI acquisition completed: The $1.65 billion acquisition of AMI has closed, providing an additional near-term revenue stream and potentially strengthening Lattice’s position in data-center and connectivity applications. Rosenblatt Securities reaffirmed its “buy” rating and set a $175 price target. Rosenblatt Securities rating
• Neutral Sentiment: Institutional positioning is mixed: In the latest quarter, 277 institutions added LSCC shares while 179 reduced holdings. Buying by Citadel, AllianceBernstein and Jane Street was offset by sizable reductions from T. Rowe Price, Point72 and Franklin Resources.
• Negative Sentiment: Insider selling remains a risk: Company insiders reported 57 open-market sales and no purchases during the past six months. Although these transactions may reflect compensation or diversification, the absence of insider buying could temper investor confidence, particularly given LSCC’s elevated valuation.

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.