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Semtech (NASDAQ:SMTC – Get Free Report) updated its fourth quarter 2024 earnings guidance on Monday. The company provided earnings per share (EPS) guidance of -0.110-0.010 for the period, compared to the consensus estimate of -0.030. The company issued revenue guidance of $180.0 million-$200.0 million, compared to the consensus revenue estimate of $211.8 million. Analysts Set […] ....
Semtech (NASDAQ:SMTC – Free Report) had its price objective lowered by Roth Mkm from $46.00 to $42.00 in a research report released on Thursday, Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock. Several other brokerages also recently commented on SMTC. TheStreet downgraded Semtech from a c- rating to a […] ....
Semtech (NASDAQ:SMTC – Free Report) had its price objective cut by Needham & Company LLC from $35.00 to $26.00 in a research note published on Thursday morning, Benzinga reports. They currently have a buy rating on the semiconductor company’s stock. Several other equities analysts have also issued reports on SMTC. Craig Hallum decreased their target […] ....
Semtech (NASDAQ:SMTC – Free Report) had its price objective trimmed by Needham & Company LLC from $35.00 to $26.00 in a research report released on Thursday, Benzinga reports. The brokerage currently has a buy rating on the semiconductor company’s stock. Other research analysts also recently issued reports about the stock. Summit Insights raised shares of […] ....
Guggenheim Capital LLC grew its stake in shares of Semtech Co. (NASDAQ:SMTC – Free Report) by 58.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 26,520 shares of the semiconductor company’s stock after purchasing an additional 9,792 shares during the period. Guggenheim […] ....