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NASDAQ: SMTC
Semtech Corp Stock Forecast, Predictions & Price Target

Analyst price target for SMTC

Based on 7 analysts offering 12 month price targets for Semtech Corp.
Min Forecast
$78.00-8.59%
Avg Forecast
$88.71+3.97%
Max Forecast
$105.00+23.05%

Should I buy or sell SMTC stock?

Based on 7 analysts offering ratings for Semtech Corp.
Strong Buy
Strong Buy
3 analysts 42.86%
Buy
3 analysts 42.86%
Hold
1 analysts 14.29%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SMTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
B. Riley Securities
Top 1%
100
Strong BuyMaintains$105.00+23.05%2021-11-29
Oppenheimer
Top 13%
88
BuyMaintains$100.00+17.19%2021-11-22
Needham
Top 1%
100
BuyMaintains$88.00+3.13%2021-09-02
Roth Capital
Top 38%
63
Strong BuyUpgrades$83.00-2.73%2021-06-03
Wells Fargo
Top 7%
94
Strong BuyMaintains$85.00-0.39%2021-03-18
Susquehanna
Top 3%
98
HoldMaintains$78.00-8.59%2021-03-18
RBC Capital
Top 4%
97
BuyMaintains$82.00-3.90%2021-03-18

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Forecast return on equity

Is SMTC forecast to generate an efficient return?
Company
N/A
Industry
72.52%
Market
37.06%

Forecast return on assets

Is SMTC forecast to generate an efficient return on assets?
Company
N/A
Industry
45.25%

SMTC earnings per share forecast

What is SMTC's earnings per share in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$1.84+12.2%
Avg 2 year Forecast
$2.18+32.93%
SMTC's earnings are forecast to grow at a rate of 15.39% per year, which is not exceptional
Forecast

SMTC revenue forecast

What is SMTC's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$739.5M+3.43%
Avg 2 year Forecast
$813.4M+13.76%
Avg 3 year Forecast
$882.9M+23.48%
SMTC's revenue is forecast to grow at a rate of 7.32% per year, which is not exceptional
Forecast

SMTC earnings growth forecast

How is SMTC forecast to perform vs Semiconductors companies and vs the US market?
Company
15.39%
Industry
8.27%
Market
14.37%
SMTC's earnings are forecast to grow faster (15.39% per year) than the US Semiconductors industry average (8.27%)
Forecast
SMTC's earnings are forecast to grow faster (15.39% per year) than the US market average (14.37%)
Forecast
SMTC's earnings are forecast to grow faster (15.39% per year) than the risk-free savings rate (1.4%)
Forecast

SMTC revenue growth forecast

How is SMTC forecast to perform vs Semiconductors companies and vs the US market?
Company
7.32%
Industry
11.95%
Market
10.03%
SMTC's revenues are forecast to grow slower (7.32% per year) than the US Semiconductors industry average (11.95%)
Forecast
SMTC's revenues are forecast to grow slower (7.32% per year) than the US market average (10.03%)
Forecast

Semtech Corp Stock Forecast FAQ

Is Semtech Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 7 Wall Street analysts covering (NASDAQ: SMTC) stock is to Strong Buy SMTC stock.

Out of 7 analysts, 3 (42.86%) are recommending SMTC as a Strong Buy, 3 (42.86%) are recommending SMTC as a Buy, 1 (14.29%) are recommending SMTC as a Hold, 0 (0%) are recommending SMTC as a Sell, and 0 (0%) are recommending SMTC as a Strong Sell.

What is SMTC's earnings growth forecast for 2022-2023?

(NASDAQ: SMTC) Semtech Corp's forecast annual earnings growth rate of 15.39% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 8.27%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 14.37%.

Semtech Corp's earnings in 2021 is $106,516,000.On average, 5 Wall Street analysts forecast SMTC's earnings for 2022 to be $118,563,767, with the lowest SMTC earnings forecast at $115,341,926, and the highest SMTC earnings forecast at $121,141,240.

In 2023, SMTC is forecast to generate $140,472,289 in earnings, with the lowest earnings forecast at $137,250,448 and the highest earnings forecast at $149,493,446.

What is SMTC's revenue growth forecast for 2022-2024?

(NASDAQ: SMTC) Semtech Corp's forecast annual revenue growth rate of 7.32% is not forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 11.95%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 10.03%.

Semtech Corp's revenue in 2021 is $714,981,000.On average, 5 Wall Street analysts forecast SMTC's revenue for 2022 to be $47,649,424,864, with the lowest SMTC revenue forecast at $47,618,817,370, and the highest SMTC revenue forecast at $47,696,141,566. On average, 5 Wall Street analysts forecast SMTC's revenue for 2023 to be $52,410,211,175, with the lowest SMTC revenue forecast at $51,671,442,919, and the highest SMTC revenue forecast at $53,804,753,050.

In 2024, SMTC is forecast to generate $56,888,248,676 in revenue, with the lowest revenue forecast at $55,191,111,447 and the highest revenue forecast at $58,637,515,300.

What is SMTC's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: SMTC) forecast ROA is N/A, which is lower than the forecast US Semiconductors industry average of 45.25%.

What is SMTC's Price Target?

According to 7 Wall Street analysts that have issued a 1 year SMTC price target, the average SMTC price target is $88.71, with the highest SMTC stock price forecast at $105.00 and the lowest SMTC stock price forecast at $78.00.

On average, Wall Street analysts predict that Semtech Corp's share price could stay at $88.71 by Nov 29, 2022. The average Semtech Corp stock price prediction forecasts a potential downside of N/A from the current SMTC share price of $85.33.

What is SMTC's Earnings Per Share (EPS) forecast for 2022-2023?

(NASDAQ: SMTC) Semtech Corp's current Earnings Per Share (EPS) is $1.64. On average, analysts forecast that SMTC's EPS will be $1.84 for 2022, with the lowest EPS forecast at $1.79, and the highest EPS forecast at $1.88. In 2023, SMTC's EPS is forecast to hit $2.18 (min: $2.13, max: $2.32).

What is SMTC's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: SMTC) forecast ROE is N/A, which is considered weak.
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