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Semtech (NASDAQ:SMTC) Issues Q1 2023 Earnings Guidance

Semtech (NASDAQ:SMTC – Get Rating) updated its first quarter 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.720-$0.800 for the period, compared to the Thomson Reuters consensus estimate of $0.700. The company issued revenue guidance of $195 million-$205 million, compared to the consensus revenue estimate of $192.33 million. SMTC […] ....

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Semtech Co. (NASDAQ:SMTC) Given Consensus Rating of "Buy" by Analysts

Shares of Semtech Co. (NASDAQ:SMTC – Get Rating) have received an average recommendation of “Buy” from the twelve ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. […] ....

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$199.79 Million in Sales Expected for Semtech Co. (NASDAQ:SMTC) This Quarter

Wall Street analysts forecast that Semtech Co. (NASDAQ:SMTC – Get Rating) will announce sales of $199.79 million for the current quarter, Zacks reports. Five analysts have issued estimates for Semtech’s earnings. The highest sales estimate is $202.00 million and the lowest is $197.40 million. Semtech reported sales of $170.37 million in the same quarter last […] ....

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Semtech (NASDAQ:SMTC) Price Target Lowered to $85.00 at Wells Fargo & Company

Semtech (NASDAQ:SMTC – Get Rating) had its price objective reduced by Wells Fargo & Company from $100.00 to $85.00 in a report issued on Thursday morning, The Fly reports. They currently have an overweight rating on the semiconductor company’s stock. Other equities research analysts have also issued reports about the stock. Susquehanna boosted their price […] ....

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Semtech (NASDAQ:SMTC) Issues Q1 2023 Earnings Guidance

Semtech (NASDAQ:SMTC – Get Rating) issued an update on its first quarter 2023 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.720-$0.800 for the period, compared to the Thomson Reuters consensus estimate of $0.700. The company issued revenue guidance of $195 million-$205 million, compared to the consensus revenue estimate […] ....

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