Semtech (SMTC) Expected to Release Earnings on Tuesday

Semtech (NASDAQ:SMTC) is expected to announce 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. Individuals can check the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Tuesday, August 25, 2026 at 4:30 PM ET.

Semtech (NASDAQ:SMTC) last issued its quarterly earnings results on Tuesday, May 26th. The semiconductor company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.45 by $0.06. The firm had revenue of $291.02 million during 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 Down 0.6%

SMTC stock opened at $124.09 on Friday. The company has a market cap of $11.56 billion, a price-to-earnings ratio of -318.18 and a beta of 2.35. Semtech has a twelve month low of $49.04 and a twelve month high of $177.35. The business has a 50 day moving average price of $137.87 and a two-hundred day moving average price of $117.45. The company has a quick ratio of 1.62, a current ratio of 2.37 and a debt-to-equity ratio of 0.86.

Insider Buying and Selling at Semtech

In related news, CEO Hong Q. Hou sold 2,000 shares of the stock in a transaction on Friday, July 10th. The stock was sold at an average price of $133.00, for a total value of $266,000.00. Following the sale, the chief executive officer owned 64,799 shares in the company, valued at approximately $8,618,267. This represents a 2.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider John Michael Wilson sold 5,500 shares of the firm’s stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $170.00, for a total value of $935,000.00. Following the sale, the insider directly owned 80,876 shares of the company’s stock, valued at $13,748,920. This represents a 6.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 21,734 shares of company stock worth $3,133,986 in the last three months. 0.44% of the stock is owned by insiders.

Institutional Trading of Semtech

A number of hedge funds have recently modified their holdings of the stock. Think Investments LP bought a new position in shares of Semtech during the third quarter worth approximately $58,618,000. Ameriprise Financial Inc. boosted its stake in shares of Semtech by 10.3% in the second quarter. Ameriprise Financial Inc. now owns 7,112,097 shares of the semiconductor company’s stock valued at $321,040,000 after buying an additional 666,456 shares during the period. Atreides Management LP bought a new stake in shares of Semtech in the second quarter valued at approximately $29,880,000. Whale Rock Capital Management LLC grew its position in Semtech by 11.3% during the fourth quarter. Whale Rock Capital Management LLC now owns 3,901,469 shares of the semiconductor company’s stock worth $287,499,000 after buying an additional 396,504 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. grew its position in Semtech by 23.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,987,888 shares of the semiconductor company’s stock worth $146,488,000 after buying an additional 374,548 shares in the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SMTC shares. Roth Capital increased their price objective on Semtech from $102.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Semtech in a research report on Thursday, June 18th. Citigroup cut shares of Semtech from a “buy” rating to a “market perform” rating in a research note on Tuesday, May 26th. Benchmark reissued a “buy” rating on shares of Semtech in a research report on Thursday. Finally, Oppenheimer set a $200.00 price objective on shares of Semtech in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $189.47.

About Semtech

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.