Semtech (SMTC) Expected to Announce Quarterly Earnings on Tuesday

Semtech (NASDAQ:SMTC) is expected to be posting its Q2 2027 results after the market closes on Tuesday, August 25th. Analysts expect the company to post earnings of $0.6140 per share and revenue of $328.67 million for the quarter. Semtech has set its Q2 2027 guidance at 0.590-0.630 EPS. Parties may visit the the company’s upcoming Q2 2027 earning results page for the latest details on the call scheduled for Tuesday, August 25, 2026 at 4:30 PM ET.

Semtech (NASDAQ:SMTC) last posted its quarterly earnings results on Tuesday, May 26th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.06. The business had revenue of $291.02 million for the quarter, compared to analysts’ expectations of $283.53 million. Semtech had a positive return on equity of 18.31% and a negative net margin of 3.05%.The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period last year, the firm earned $0.38 earnings per share. On average, analysts expect Semtech to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Semtech Stock Performance

NASDAQ SMTC opened at $124.09 on Monday. The firm has a market cap of $11.56 billion, a price-to-earnings ratio of -318.18 and a beta of 2.35. The company has a quick ratio of 1.62, a current ratio of 2.37 and a debt-to-equity ratio of 0.86. The business has a 50-day moving average price of $137.87 and a 200-day moving average price of $117.66. Semtech has a twelve month low of $49.04 and a twelve month high of $177.35.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SMTC. B. Riley Financial boosted their price target on Semtech from $165.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Roth Capital increased their price objective on shares of Semtech from $102.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. UBS Group lifted their price objective on shares of Semtech from $165.00 to $225.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Stifel Nicolaus boosted their target price on shares of Semtech from $157.00 to $188.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Finally, Susquehanna upped their target price on shares of Semtech from $170.00 to $200.00 and gave the stock a “positive” rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $189.47.

Insider Buying and Selling

In other news, CEO Hong Q. Hou sold 2,000 shares of the company’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $133.00, for a total value of $266,000.00. Following the transaction, the chief executive officer directly owned 64,799 shares in the company, valued at approximately $8,618,267. This represents a 2.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jason Elliot Green sold 2,264 shares of the business’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $129.90, for a total transaction of $294,093.60. Following the completion of the sale, the executive vice president owned 8,611 shares of the company’s stock, valued at approximately $1,118,568.90. This represents a 20.82% decrease in their position. 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. Insiders have sold a total of 21,734 shares of company stock worth $3,133,986 over the last ninety days. Corporate insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SMTC. Corient Private Wealth LLC purchased a new stake in shares of Semtech during the fourth quarter valued at $221,000. Pacer Advisors Inc. raised its stake in Semtech by 38.8% in the 4th quarter. Pacer Advisors Inc. now owns 16,129 shares of the semiconductor company’s stock worth $1,189,000 after acquiring an additional 4,509 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its stake in Semtech by 23.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,987,888 shares of the semiconductor company’s stock worth $146,488,000 after acquiring an additional 374,548 shares during the last quarter. Invesco Ltd. lifted its position in Semtech by 20.3% during the 4th quarter. Invesco Ltd. now owns 1,251,104 shares of the semiconductor company’s stock worth $92,194,000 after acquiring an additional 211,149 shares during the period. Finally, EP Wealth Advisors LLC acquired a new stake in Semtech during the 4th quarter worth about $514,000.

Semtech Company Profile

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.