Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Raised to “Strong-Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Lattice Semiconductor (NASDAQ:LSCC) from a buy rating to a strong-buy rating in a report issued on Saturday,Wall Street Zen reports.

Other analysts have also issued reports about the company. William Blair initiated coverage on Lattice Semiconductor in a research report on Tuesday. They set an “outperform” rating on the stock. TD Cowen increased their price target on Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a report on Monday, July 13th. Jefferies Financial Group raised their price objective on Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Benchmark initiated coverage on Lattice Semiconductor in a report on Tuesday, August 25th. They set a “buy” rating and a $160.00 price objective on the stock. Finally, KeyCorp increased their target price on Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $147.46.

Lattice Semiconductor Stock Up 0.9%

Shares of NASDAQ:LSCC opened at $126.05 on Friday. The company has a market capitalization of $17.27 billion, a price-to-earnings ratio of 484.81, a price-to-earnings-growth ratio of 1.93 and a beta of 1.83. The company has a 50 day moving average of $121.60 and a two-hundred day moving average of $125.14. Lattice Semiconductor has a 52-week low of $60.50 and a 52-week high of $157.01. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04.

Lattice Semiconductor (NASDAQ:LSCC) last announced its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The business had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The business’s quarterly revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, analysts forecast that Lattice Semiconductor will post 1.10 earnings per share for the current fiscal year.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Tracy Feanny sold 1,880 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $126.43, for a total transaction of $237,688.40. Following the sale, the senior vice president owned 60,221 shares in the company, valued at $7,613,741.03. This represents a 3.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 that occurred on Monday, September 14th. The stock was sold at an average price of $111.83, for a total value of $228,021.37. Following the transaction, the senior vice president directly owned 73,456 shares in the company, valued at approximately $8,214,584.48. This represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders sold a total of 19,661 shares of company stock valued at $2,587,259 over the last three months. 0.62% of the stock is owned by insiders.

Hedge Funds Weigh In On Lattice Semiconductor

A number of hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Lattice Semiconductor during the second quarter worth $2,637,161,000. William Blair Investment Management LLC acquired a new position in shares of Lattice Semiconductor in the 2nd quarter valued at about $177,497,000. TimesSquare Capital Management LLC bought a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $173,633,000. Bank of New York Mellon Corp bought a new stake in shares of Lattice Semiconductor during the 2nd quarter valued at about $139,705,000. Finally, Wellington Management Group LLP raised its stake in Lattice Semiconductor by 299.2% during the second quarter. Wellington Management Group LLP now owns 685,935 shares of the semiconductor company’s stock worth $104,921,000 after acquiring an additional 514,105 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.

About Lattice Semiconductor

Lattice Semiconductor Corporation (NASDAQ: LSCC) is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.

The company’s products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.