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 Price Performance

Shares of NASDAQ SMTC traded down $0.37 during mid-day trading on Thursday, reaching $27.49. The company had a trading volume of 5,667,109 shares, compared to its average volume of 1,327,169. 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 stock has a market cap of $1.77 billion, a PE ratio of -3.51, a P/E/G ratio of 14.68 and a beta of 1.81. The company has a 50-day moving average price of $21.48 and a two-hundred day moving average price of $20.40. Semtech has a 1-year low of $13.13 and a 1-year high of $32.44.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SMTC. Stifel Nicolaus lifted their price target on Semtech from $22.00 to $26.00 and gave the company a buy rating in a report on Tuesday, January 2nd. Robert W. Baird reiterated an outperform rating and set a $40.00 price target on shares of Semtech in a report on Tuesday. Needham & Company LLC lowered their target price on Semtech from $35.00 to $26.00 and set a buy rating on the stock in a research note on Thursday, December 7th. Roth Mkm lowered their target price on Semtech from $46.00 to $42.00 and set a buy rating on the stock in a research note on Thursday, December 7th. Finally, Susquehanna boosted their target price on Semtech from $25.00 to $30.00 and gave the company a positive rating in a research note on Thursday, March 14th. One investment analyst has rated the stock with a sell rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of $33.10.

Hedge Funds Weigh In On Semtech

Several large investors have recently made changes to their positions in SMTC. Neo Ivy Capital Management acquired a new position in shares of Semtech during the 2nd quarter worth about $41,000. Quarry LP acquired a new position in Semtech in the 1st quarter valued at approximately $49,000. Captrust Financial Advisors raised its holdings in Semtech by 186.5% in the 1st quarter. Captrust Financial Advisors now owns 1,020 shares of the semiconductor company’s stock valued at $71,000 after acquiring an additional 664 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in Semtech by 35.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,781 shares of the semiconductor company’s stock valued at $72,000 after acquiring an additional 726 shares in the last quarter. Finally, Point72 Hong Kong Ltd acquired a new position in Semtech in the 1st quarter valued at approximately $84,000.

Semtech Company Profile

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.