Lattice Semiconductor (NASDAQ:LSCC) Issues Earnings Results

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) posted its quarterly earnings data on Tuesday. The semiconductor company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.09, FiscalAI reports. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The business had revenue of $201.08 million for the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor updated its Q3 2026 guidance to 0.540-0.580 EPS.

Lattice Semiconductor Trading Up 8.5%

Lattice Semiconductor stock traded up $10.82 during midday trading on Tuesday, hitting $138.00. 3,475,776 shares of the stock were exchanged, compared to its average volume of 2,039,429. Lattice Semiconductor has a fifty-two week low of $53.06 and a fifty-two week high of $157.01. The stock has a market capitalization of $18.91 billion, a price-to-earnings ratio of 985.78, a PEG ratio of 3.07 and a beta of 1.81. The stock’s 50-day simple moving average is $138.76 and its 200 day simple moving average is $114.59.

Wall Street Analyst Weigh In

Several research firms recently weighed in on LSCC. Needham & Company LLC upped their price target on shares of Lattice Semiconductor from $110.00 to $140.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group boosted their price objective on Lattice Semiconductor from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Robert W. Baird increased their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. Royal Bank Of Canada upped their target price on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, May 5th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Lattice Semiconductor in a research report on Friday, July 17th. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $132.29.

View Our Latest Stock Analysis on LSCC

Insider Activity

In related news, Director Elizabeth M. Schwarting sold 3,200 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $124.53, for a total value of $398,496.00. Following the transaction, the director directly owned 6,636 shares in the company, valued at approximately $826,381.08. This represents a 32.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Pravin Desale sold 2,039 shares of the stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the completion of the transaction, the senior vice president owned 73,519 shares of the company’s stock, valued at $10,505,129.91. The trade was a 2.70% decrease in their ownership of the stock. 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 14,080 shares of company stock valued at $2,045,078 over the last three months. 0.62% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Lattice Semiconductor

Large investors have recently modified their holdings of the business. Natixis Advisors LLC lifted its position in Lattice Semiconductor by 0.5% in the fourth quarter. Natixis Advisors LLC now owns 23,000 shares of the semiconductor company’s stock valued at $1,692,000 after purchasing an additional 120 shares during the period. &PARTNERS grew its position in Lattice Semiconductor by 2.0% during the fourth quarter. &PARTNERS now owns 9,439 shares of the semiconductor company’s stock worth $694,000 after buying an additional 185 shares during the period. Public Employees Retirement System of Ohio increased its holdings in Lattice Semiconductor by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 43,008 shares of the semiconductor company’s stock valued at $3,153,000 after buying an additional 248 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in shares of Lattice Semiconductor by 15.9% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,836 shares of the semiconductor company’s stock valued at $135,000 after acquiring an additional 252 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of Lattice Semiconductor by 4.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,330 shares of the semiconductor company’s stock worth $539,000 after acquiring an additional 310 shares during the period. Institutional investors and hedge funds own 98.08% of the company’s stock.

About Lattice Semiconductor

(Get Free Report)

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.

Recommended Stories

Earnings History for Lattice Semiconductor (NASDAQ:LSCC)

Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.