Semtech (NASDAQ:SMTC) Releases Q1 2025 Earnings Guidance

Semtech (NASDAQ:SMTC) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of -0.040-0.040 for the period, compared to the consensus earnings per share estimate of 0.020. The company issued revenue guidance of $195.0 million-$205.0 million, compared to the consensus revenue estimate of $200.6 million. Semtech also updated its Q1 guidance to $(0.04)-$0.04 EPS.

Semtech Trading Down 1.3 %

Semtech stock traded down $0.37 during mid-day trading on Thursday, hitting $27.49. The company’s stock had a trading volume of 5,667,109 shares, compared to its average volume of 1,327,169. Semtech has a 1 year low of $13.13 and a 1 year high of $32.44. The company has a current ratio of 2.39, a quick ratio of 1.72 and a debt-to-equity ratio of 4.11. The firm has a market capitalization of $1.77 billion, a PE ratio of -3.51, a price-to-earnings-growth ratio of 14.68 and a beta of 1.81. The stock’s fifty day moving average is $21.48 and its two-hundred day moving average is $20.40.

Wall Street Analyst Weigh In

SMTC has been the subject of several research reports. Roth Mkm dropped their target price on Semtech from $46.00 to $42.00 and set a buy rating for the company in a research report on Thursday, December 7th. Susquehanna lifted their target price on Semtech from $25.00 to $30.00 and gave the company a positive rating in a report on Thursday, March 14th. Stifel Nicolaus lifted their price objective on Semtech from $22.00 to $26.00 and gave the company a buy rating in a research note on Tuesday, January 2nd. Needham & Company LLC reduced their target price on shares of Semtech from $35.00 to $26.00 and set a buy rating on the stock in a report on Thursday, December 7th. Finally, Robert W. Baird reissued an outperform rating and issued a $40.00 price objective on shares of Semtech in a research report on Tuesday. One equities research analyst has rated the stock with a sell rating and eleven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of Moderate Buy and an average price target of $33.10.

Hedge Funds Weigh In On Semtech

Several hedge funds have recently made changes to their positions in the business. Price T Rowe Associates Inc. MD boosted its holdings in shares of Semtech by 431.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 827,582 shares of the semiconductor company’s stock worth $18,133,000 after buying an additional 671,885 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of Semtech in the fourth quarter valued at $546,000. Potomac Capital Management Inc. purchased a new position in shares of Semtech during the fourth quarter valued at $1,275,000. Barclays PLC raised its position in Semtech by 229.1% during the fourth quarter. Barclays PLC now owns 143,458 shares of the semiconductor company’s stock valued at $3,144,000 after buying an additional 99,863 shares during the period. Finally, Numerai GP LLC purchased a new stake in Semtech in the 4th quarter worth about $209,000.

About Semtech

Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. It provides signal integrity products, including a portfolio of optical data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications.