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

Lattice Semiconductor (NASDAQ:LSCC) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

A number of other analysts have also weighed in on LSCC. Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Robert W. Baird lifted their price target on Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Deutsche Bank Aktiengesellschaft lifted their price target on Lattice Semiconductor from $150.00 to $175.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Rosenblatt Securities restated a “buy” rating and set a $175.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. Finally, Stifel Nicolaus raised their price objective on Lattice Semiconductor from $130.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Lattice Semiconductor presently has a consensus rating of “Buy” and a consensus price target of $144.38.

Lattice Semiconductor Trading Down 1.7%

NASDAQ:LSCC opened at $126.12 on Monday. Lattice Semiconductor has a one year low of $59.37 and a one year high of $157.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. The firm has a market cap of $17.28 billion, a P/E ratio of 485.08, a P/E/G ratio of 2.09 and a beta of 1.81. The firm has a 50-day simple moving average of $136.57 and a 200-day simple moving average of $116.53.

Lattice Semiconductor (NASDAQ:LSCC) last released its quarterly earnings data 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 firm had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. During the same period last year, the firm earned $0.24 earnings per share. The company’s quarterly 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. Equities analysts anticipate that Lattice Semiconductor will post 1.04 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Tracy Ann Feanny sold 2,740 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $151.84, for a total transaction of $416,041.60. Following the transaction, the senior vice president directly owned 63,084 shares in the company, valued at $9,578,674.56. The trade was a 4.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of the stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the sale, the senior vice president owned 73,519 shares of the company’s stock, valued at approximately $10,505,129.91. This trade represents a 2.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Over the last three months, insiders have sold 10,880 shares of company stock valued at $1,646,582. 0.62% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Several hedge funds and other institutional investors have recently modified their holdings of the stock. iSAM Funds UK Ltd purchased a new stake in Lattice Semiconductor during the 3rd quarter worth approximately $25,000. V Square Quantitative Management LLC acquired a new position in Lattice Semiconductor during the 4th quarter valued at approximately $27,000. Smartleaf Asset Management LLC raised its holdings in shares of Lattice Semiconductor by 462.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock worth $29,000 after buying an additional 324 shares during the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Lattice Semiconductor during the third quarter worth $31,000. Finally, Advisory Services Network LLC acquired a new stake in shares of Lattice Semiconductor during the third quarter worth $34,000. 98.08% of the stock is owned by hedge funds and other institutional investors.

About Lattice Semiconductor

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.