Semtech Corporation designs, develops, manufactures, and markets mixed-signal and analog semiconductor products and advanced algorithms. The company is headquartered in Camarillo, California.
| Revenue (TTM) | $1.17B |
| Gross Profit (TTM) | $621.17M |
| EBITDA | $179.34M |
| Operating Margin | 16.20% |
| Return on Equity | 23.70% |
| Return on Assets | 5.79% |
| Revenue/Share (TTM) | $12.81 |
| Book Value | $8.02 |
| Price-to-Book | 11.41 |
| Price-to-Sales (TTM) | 8.20 |
| EV/Revenue | 7.52 |
| EV/EBITDA | 84.69 |
| Quarterly Earnings Growth (YoY) | 22.70% |
| Quarterly Revenue Growth (YoY) | 32.70% |
| Shares Outstanding | $93.33M |
| Float | $92.77M |
| % Insiders | 0.77% |
| % Institutions | 103.52% |
Volatility is currently expanding
SMTC shares plunge 34% in three months, but strong AI data center demand, 1.6T growth and rising LoRa adoption make the stock an attractive buy.
Semtech (SMTC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
CMRC, MNDY, SMTC and TLS make the cut as the top liquid stocks, each boasting strong liquidity, growth attributes and operational efficiency.
Semtech's AI data center growth, rising 1.6T demand and lower valuation give it an edge over Navitas Semiconductor.
SMTC's LoRa business hits record sales as smart home, security and industrial adoption expands, while Amazon Sidewalk offers further growth opportunities.
Semtech raised FY27 revenue and EPS guidance and introduced a FY30 model, but shares dropped due to skepticism over long-term growth assumptions. FY27–28 growth is supported by backlog and customer engagements, while FY29–30 relies on broader market assumptions, making later projections more conservative. SMTC is shifting toward higher-margin data-center and LoRa products, divesting lower-margin cellular, and targeting a 70% gross margin by FY30.
Semtech is experiencing rapid growth driven by AI data center investments, with Q2 FY2027 data center revenue up 91%. SMTC's expanded photonics portfolio and LoRa technology provide additional growth engines, supporting ambitious revenue and margin targets through FY2030. At $137, SMTC trades at 38x FY2027 earnings but only 21x FY2028 if targets are met, making the valuation attractive given growth prospects.
Timothy Arcuri from UBS, perhaps the most accurate analyst on Wall Street, has issued multiple rating revisions since October began, with a handful of reconsidered equities standing out for the sheer size of the forecasted upside.
Semtech, the semiconductor company, is targeting more than doubling its data center revenue in financial 2028 and 2029, as Baird reaffirmed its 'outperform' rating and $300 price target. Baird said record bookings and strong visibility over the next 2 years supported the growth outlook, with Semtech positioned to benefit from rising demand for copper, fiber and optical connectivity.
Semtech says it expects data-center revenue to more than double in the upcoming fiscal years.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on SMTC and any ticker you trade — then tracks every position and per-strategy win rate.
