Semtech Corp (SMTC) is trading down at $125.48 (-11.40%), as of the latest quote. It is a Russell 1000 constituent in the Information Technology sector.
Analyst price targets on SMTC
Current price targets from 4 firms average $211, median $215, ranging from $182 to $230 — the average is 68% above the current $125. Each is tracked to its date and scored the same way a member's call is.
- B. Riley Securities $195 → $210 by Oct 2027 Oct 8, 2026 via Investing.com · B. Riley Securities's track record
- Northland Securities $195 → $182 by Oct 2027 Oct 8, 2026 via Investing.com · Northland Securities's track record
- StoneX $195 → $230 by Oct 2027 Oct 8, 2026 via Investing.com · StoneX's track record
- Stifel $195 → $220 by Oct 2027 Oct 8, 2026 via Investing.com · Stifel's track record
Targets published by research firms, extracted from the news, checked against independent reporting, and linked to their source. Where a firm did not state a horizon the target is tracked as 12 months, the industry convention; the rows where the firm set its own horizon are marked. Reported here as facts about what was published — not recommendations from Dalsna Finance, and no firm listed is affiliated with this site.
Semtech Corp revenue & net income history (FY2017–FY2026)
| FY2017Jan 2017 | FY2018Jan 2018 | FY2019Jan 2019 | FY2020Jan 2020 | FY2021Jan 2021 | FY2022Jan 2022 | FY2023Jan 2023 | FY2024Jan 2024 | FY2025Jan 2025 | FY2026Jan 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $544.3M | $587.8M | $627.2M | $547.5M | $595.1M | $740.9M | $756.5M | $868.8M | $909.3M | $1.05B |
| Growth (year over year) | +11.0% | +8.0% | +6.7% | −12.7% | +8.7% | +24.5% | +2.1% | +14.8% | +4.7% | +15.5% |
| Gross profit | $324.9M | $352.0M | $377.0M | $336.7M | $355.9M | $461.1M | $478.6M | $296.3M | $456.5M | $542.1M |
| Gross margin | 59.7% | 59.9% | 60.1% | 61.5% | 59.8% | 62.2% | 63.3% | 34.1% | 50.2% | 51.6% |
| Operating income | $84.1M | $66.6M | $105.5M | $52.0M | $75.0M | $145.0M | $92.8M | −$944.3M | $49.9M | $32.6M |
| Operating margin | 15.4% | 11.3% | 16.8% | 9.5% | 12.6% | 19.6% | 12.3% | −108.7% | 5.5% | 3.1% |
| Net income | $54.7M | $34.6M | $69.6M | $31.9M | $59.9M | $125.7M | $61.4M | −$1.09B | −$161.9M | −$40.4M |
| Net margin | 10.0% | 5.9% | 11.1% | 5.8% | 10.1% | 17.0% | 8.1% | −125.7% | −17.8% | −3.8% |
| EPS (diluted) | $0.83 | $0.51 | $1.02 | $0.47 | $0.91 | $1.92 | $0.96 | −$17.03 | −$2.26 | −$0.46 |
| Balance sheet | ||||||||||
| Cash and equivalents | $297.1M | $307.9M | $312.1M | $293.3M | $268.9M | $279.6M | $235.5M | $128.6M | $151.7M | $195.2M |
| Total assets | $1.01B | $1.09B | $1.06B | $1.05B | $1.08B | $1.13B | $2.57B | $1.37B | $1.42B | $1.41B |
| Total liabilities | $406.3M | $420.8M | $380.2M | $375.2M | $383.1M | $393.1M | $1.81B | $1.68B | $876.8M | $860.6M |
| Long-term debt | $226.5M | $211.1M | $192.8M | $194.7M | $179.2M | $171.7M | $1.30B | $1.37B | $505.9M | $491.2M |
| Shareholders' equity | $605.3M | $665.4M | $682.6M | $677.0M | $698.7M | $737.6M | $755.9M | −$307.4M | $542.4M | $549.7M |
| Cash flow | ||||||||||
| Operating cash flow | $117.6M | $111.5M | $183.6M | $118.6M | $118.9M | $203.1M | $126.7M | −$93.9M | $58.0M | $181.2M |
| Capital expenditure | $32.9M | $35.5M | $17.1M | $23.1M | $32.7M | $26.2M | $28.3M | $29.2M | $7.86M | $9.78M |
| Free cash flow | $84.7M | $76.0M | $166.5M | $95.6M | $86.2M | $176.9M | $98.4M | −$123.1M | $50.1M | $171.4M |
| Share buybacks | $1.00M | $14.8M | $116.2M | $70.2M | $71.4M | $129.7M | $50.0M | $0 | $0 | — |
| Q2 FY25Jul 2024 | Q3 FY25Oct 2024 | Q4 FY25†Jan 2025 | Q1 FY26Apr 2025 | Q2 FY26Jul 2025 | Q3 FY26Oct 2025 | Q4 FY26†Jan 2026 | Q1 FY27Apr 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $215.4M | $236.8M | $251.0M | $251.1M | $257.6M | $267.0M | $274.4M | $291.0M |
| Growth (year over year) | −9.7% | +17.9% | +30.1% | +21.8% | +19.6% | +12.7% | +9.3% | +15.9% |
| Gross profit | $105.5M | $121.0M | $130.5M | $131.3M | $134.1M | $138.5M | $138.3M | $151.5M |
| Gross margin | 49.0% | 51.1% | 52.0% | 52.3% | 52.1% | 51.9% | 50.4% | 52.0% |
| Operating income | $7.77M | $17.8M | $21.2M | $36.0M | −$16.2M | $31.1M | −$18.3M | $25.8M |
| Operating margin | 3.6% | 7.5% | 8.5% | 14.3% | −6.3% | 11.6% | −6.7% | 8.9% |
| Net income | −$170.3M | −$7.59M | $39.1M | $19.3M | −$27.1M | −$2.86M | −$29.8M | $26.6M |
| Net margin | −79.1% | −3.2% | 15.6% | 7.7% | −10.5% | −1.1% | −10.9% | 9.1% |
| EPS (diluted) | −$2.61 | −$0.10 | $0.81 | $0.22 | −$0.31 | −$0.03 | −$0.34 | $0.27 |
| Balance sheet | ||||||||
| Cash and equivalents | $115.9M | $136.5M | $151.7M | $156.5M | $168.6M | $164.7M | $195.2M | $163.3M |
| Total assets | $1.37B | $1.38B | $1.42B | $1.43B | $1.41B | $1.41B | $1.41B | $1.44B |
| Total liabilities | $1.51B | $1.52B | $876.8M | $863.1M | $853.0M | $840.2M | $860.6M | $865.6M |
| Long-term debt | $1.19B | $1.19B | $505.9M | $542.6M | $518.9M | $490.5M | $491.2M | $492.0M |
| Shareholders' equity | −$141.4M | −$139.7M | $542.4M | $568.8M | $552.9M | $565.7M | $549.7M | $573.3M |
| Cash flow | ||||||||
| Operating cash flow | −$5.00M | $29.6M | $33.5M | $27.8M | $44.4M | $47.5M | $61.5M | $36.2M |
| Capital expenditure | $3.41M | $483.0K | $2.63M | $1.65M | $2.88M | $2.82M | $2.43M | $8.17M |
| Free cash flow | −$8.41M | $29.1M | $30.9M | $26.2M | $41.5M | $44.6M | $59.1M | $28.0M |
From Semtech Corp's 10-K and 10-Q filings with the SEC; its fiscal year ends in January. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About Semtech Corp
Semtech Corporation is an American supplier of analog and mixed-signal semiconductors and advanced algorithms for consumer, enterprise computing, communications and industrial end-markets. It is based in Camarillo, Ventura County, Southern California. It was founded in 1960 in Newbury Park, California. It has 32 locations in 15 countries in North America, Europe, and Asia.
- Headquarters
- Camarillo, California From SEC filings, Oct 2026
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