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

Buy SMTC

Analyst price target for SMTC

Based on 5 analysts offering 12 month price targets for Semtech Corp.
Min Forecast
$65.00+18.85%
Avg Forecast
$80.60+47.38%
Max Forecast
$100.00+82.85%

Should I buy or sell SMTC stock?

Based on 6 analysts offering ratings for Semtech Corp.
Buy
Strong Buy
2 analysts 33.33%
Buy
1 analysts 16.67%
Hold
3 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

SMTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Needham
Top 1%
100
HoldDowngradesN/AN/A2022-08-03
Benchmark
Top 22%
79
Strong BuyInitiates Coverage On$81.00+48.11%2022-07-28
B. Riley Securities
Top 1%
100
HoldDowngrades$65.00+18.85%2022-06-15
Susquehanna
Top 4%
97
HoldMaintains$72.00+31.65%2022-06-01
Wells Fargo
Top 8%
93
Strong BuyMaintains$85.00+55.42%2022-03-17
Oppenheimer
Top 41%
60
BuyMaintains$100.00+82.85%2021-11-22

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Forecast return on equity

Is SMTC forecast to generate an efficient return?
Company
26.26%
Industry
41.85%
Market
55.26%
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
17.29%
Industry
19.48%
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+26.73%
Avg 2 year Forecast
$3.04+40.09%
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+8.51%
Avg 2 year Forecast
$908.4M+17.57%
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
18.36%
Industry
13.07%
Market
17.66%
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
8.43%
Industry
7.5%
Market
8.2%
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$54.69$80.60+47.38%Buy
MXL$40.96$55.00+34.28%Strong Buy
DIOD$83.13$65.00-21.81%Hold
RMBS$27.93$32.67+16.96%Strong Buy
VSH$21.07$21.67+2.83%Hold

Semtech Stock Forecast FAQ

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

The consensus among 6 Wall Street analysts covering (NASDAQ: SMTC) stock is to Buy SMTC stock.

Out of 6 analysts, 2 (33.33%) are recommending SMTC as a Strong Buy, 1 (16.67%) are recommending SMTC as a Buy, 3 (50%) 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 18.36% is forecast to beat the US Semiconductors industry's average forecast earnings growth rate of 13.07%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 17.66%.

Semtech's earnings in 2022 is $140,213,000.On average, 5 Wall Street analysts forecast SMTC's earnings for 2023 to be $174,563,903, with the lowest SMTC earnings forecast at $168,216,125, and the highest SMTC earnings forecast at $180,276,904.

In 2024, SMTC is forecast to generate $192,972,460 in earnings, with the lowest earnings forecast at $180,276,904 and the highest earnings forecast at $207,572,350.

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

(NASDAQ: SMTC) Semtech's forecast annual revenue growth rate of 8.43% is forecast to beat the US Semiconductors industry's average forecast revenue growth rate of 7.5%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 8.2%.

Semtech's revenue in 2022 is $772,635,000.On average, 5 Wall Street analysts forecast SMTC's revenue for 2023 to be $53,218,884,578, with the lowest SMTC revenue forecast at $52,921,427,687, and the highest SMTC revenue forecast at $53,765,682,201.

In 2024, SMTC is forecast to generate $57,663,979,811 in revenue, with the lowest revenue forecast at $55,898,535,710 and the highest revenue forecast at $59,088,929,083.

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

(NASDAQ: SMTC) forecast ROA is 17.29%, which is lower than the forecast US Semiconductors industry average of 19.48%.

What is SMTC's Price Target?

According to 5 Wall Street analysts that have issued a 1 year SMTC price target, the average SMTC price target is $80.60, with the highest SMTC stock price forecast at $100.00 and the lowest SMTC stock price forecast at $65.00.

On average, Wall Street analysts predict that Semtech's share price could reach $80.60 by Aug 3, 2023. The average Semtech stock price prediction forecasts a potential upside of 47.38% from the current SMTC share price of $54.69.

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

(NASDAQ: SMTC) Semtech's current Earnings Per Share (EPS) is $2.17. 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 26.26%, which is considered strong.
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