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

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Analyst price target for SMTC

Based on 6 analysts offering 12 month price targets for Semtech Corp.
Min Forecast
$34.00+14.83%
Avg Forecast
$62.50+111.08%
Max Forecast
$85.00+187.07%

Should I buy or sell SMTC stock?

Based on 8 analysts offering ratings for Semtech Corp.
Buy
Strong Buy
3 analysts 37.5%
Buy
0 analysts 0%
Hold
5 analysts 62.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
B. Riley Securities
Top 1%
100
HoldMaintains$34.00+14.83%2022-10-04
Oppenheimer
Bottom 13%
13
HoldDowngradesN/AN/A2022-09-01
Cowen & Co.
Top 28%
73
HoldDowngrades$43.00+45.22%2022-09-01
Piper Sandler
Top 9%
92
Strong BuyMaintains$60.00+102.63%2022-09-01
Needham
Top 1%
100
HoldDowngradesN/AN/A2022-08-03
Benchmark
Top 25%
76
Strong BuyInitiates Coverage On$81.00+173.56%2022-07-28
Susquehanna
Top 5%
96
HoldMaintains$72.00+143.16%2022-06-01
Wells Fargo
Top 19%
82
Strong BuyMaintains$85.00+187.07%2022-03-17

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Forecast return on equity

Is SMTC forecast to generate an efficient return?
Company
24.17%
Industry
43.07%
Market
53.04%
SMTC's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SMTC forecast to generate an efficient return on assets?
Company
16.09%
Industry
19.49%
SMTC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

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
$2.75+11.34%
Avg 2 year Forecast
$3.04+23.08%
SMTC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

SMTC revenue forecast

What is SMTC's revenue in the next 2 years based on estimates from 5 analysts?
Avg 1 year Forecast
$838.4M+5.21%
Avg 2 year Forecast
$908.4M+14%
SMTC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

SMTC earnings growth forecast

How is SMTC forecast to perform vs Semiconductors companies and vs the US market?
Company
10.94%
Industry
15.02%
Market
19.45%
SMTC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
SMTC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
SMTC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

SMTC revenue growth forecast

How is SMTC forecast to perform vs Semiconductors companies and vs the US market?
Company
6.77%
Industry
4.6%
Market
6.4%
SMTC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SMTC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SMTC vs Semiconductor Stocks

TickerPricePrice TargetUp/downsideConsensus
SMTC$29.61$62.50+111.08%Buy
FORM$22.82$34.17+49.72%Strong Buy
SITM$99.00$116.50+17.68%Strong Buy
SIMO$61.25$90.50+47.76%Strong Buy
HIMX$7.06$9.00+27.48%Hold

Semtech Stock Forecast FAQ

Is Semtech Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NASDAQ: SMTC) stock is to Buy SMTC stock.

Out of 8 analysts, 3 (37.5%) are recommending SMTC as a Strong Buy, 0 (0%) are recommending SMTC as a Buy, 5 (62.5%) are recommending SMTC as a Hold, 0 (0%) are recommending SMTC as a Sell, and 0 (0%) are recommending SMTC as a Strong Sell.

If you're new to stock investing, here's how to buy Semtech stock.

What is SMTC's earnings growth forecast for 2023-2024?

(NASDAQ: SMTC) Semtech's forecast annual earnings growth rate of 10.94% is not forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 15.02%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.45%.

Semtech's earnings in 2022 is $158,878,000.On average, 5 Wall Street analysts forecast SMTC's earnings for 2023 to be $174,669,938, with the lowest SMTC earnings forecast at $168,318,304, and the highest SMTC earnings forecast at $180,386,408.

In 2024, SMTC is forecast to generate $193,089,677 in earnings, with the lowest earnings forecast at $180,386,408 and the highest earnings forecast at $207,698,435.

What is SMTC's revenue growth forecast for 2023-2024?

(NASDAQ: SMTC) Semtech's forecast annual revenue growth rate of 6.77% is forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 4.6%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.4%.

Semtech's revenue in 2022 is $796,885,000.On average, 5 Wall Street analysts forecast SMTC's revenue for 2023 to be $53,251,211,066, with the lowest SMTC revenue forecast at $52,953,573,492, and the highest SMTC revenue forecast at $53,798,340,827.

In 2024, SMTC is forecast to generate $57,699,006,360 in revenue, with the lowest revenue forecast at $55,932,489,885 and the highest revenue forecast at $59,124,821,183.

What is SMTC's forecast return on assets (ROA) for 2023-2024?

(NASDAQ: SMTC) forecast ROA is 16.09%, which is lower than the forecast US Semiconductors industry average of 19.49%.

What is SMTC's Price Target?

According to 6 Wall Street analysts that have issued a 1 year SMTC price target, the average SMTC price target is $62.50, with the highest SMTC stock price forecast at $85.00 and the lowest SMTC stock price forecast at $34.00.

On average, Wall Street analysts predict that Semtech's share price could reach $62.50 by Oct 4, 2023. The average Semtech stock price prediction forecasts a potential upside of 111.08% from the current SMTC share price of $29.61.

What is SMTC's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: SMTC) Semtech's current Earnings Per Share (EPS) is $2.47. On average, analysts forecast that SMTC's EPS will be $2.75 for 2023, with the lowest EPS forecast at $2.65, and the highest EPS forecast at $2.84. In 2024, SMTC's EPS is forecast to hit $3.04 (min: $2.84, max: $3.27).

What is SMTC's forecast return on equity (ROE) for 2023-2024?

(NASDAQ: SMTC) forecast ROE is 24.17%, which is considered strong.
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