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

Analyst price target for SMTC

Based on 10 analysts offering 12 month price targets for Semtech Corp.
Min Forecast
$30.00+15.56%
Avg Forecast
$36.60+40.99%
Max Forecast
$49.00+88.75%

Should I buy or sell SMTC stock?

Based on 10 analysts offering ratings for Semtech Corp.
Strong Buy
Strong Buy
6 analysts 60%
Buy
4 analysts 40%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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SMTC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Craig-Hallum
Bottom 11%
11
BuyMaintains$30.00+15.56%2023-09-14
Roth MKM
Bottom 13%
13
Strong BuyMaintains$49.00+88.75%2023-09-14
Stifel Nicolaus
Top 8%
93
Strong BuyMaintains$30.00+15.56%2023-09-14
Piper Sandler
Top 3%
98
Strong BuyMaintains$30.00+15.56%2023-09-14
B. Riley Securities
Top 25%
76
Strong BuyMaintains$45.00+73.34%2023-09-14
Needham
Top 1%
100
BuyReiterates$35.00+34.82%2023-09-14
Susquehanna
Top 2%
99
Strong BuyUpgrades$30.00+15.56%2023-09-14
Baird
Top 1%
100
BuyReiterates$40.00+54.08%2023-06-08
Northland Securities
Top 21%
80
BuyInitiates Coverage On$32.00+23.27%2023-04-11
Benchmark
Top 13%
88
Strong BuyReiterates$45.00+73.34%2023-03-31

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Forecast return on equity

Is SMTC forecast to generate an efficient return?
Company
53.18%
Industry
38.38%
Market
48.83%
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
9.21%
Industry
18.24%
SMTC is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SMTC revenue growth forecast

How is SMTC forecast to perform vs Semiconductors companies and vs the US market?
Company
10.78%
Industry
6.32%
Market
11.74%
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$25.96$36.60+40.99%Strong Buy
SIMO$52.05$86.40+65.99%Buy
MXL$21.87$33.44+52.92%Buy
NVTS$7.02$10.37+47.68%Buy
SGH$23.78$31.40+32.04%Strong Buy

Semtech Stock Forecast FAQ

Is Semtech Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 10 Wall Street analysts covering (NASDAQ: SMTC) stock is to Strong Buy SMTC stock.

Out of 10 analysts, 6 (60%) are recommending SMTC as a Strong Buy, 4 (40%) are recommending SMTC as a Buy, 0 (0%) 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 forecast return on equity (ROE) for 2024-2024?

(NASDAQ: SMTC) forecast ROE is 53.18%, which is considered strong.

What is SMTC's Price Target?

According to 10 Wall Street analysts that have issued a 1 year SMTC price target, the average SMTC price target is $36.60, with the highest SMTC stock price forecast at $49.00 and the lowest SMTC stock price forecast at $30.00.

On average, Wall Street analysts predict that Semtech's share price could reach $36.60 by Sep 14, 2024. The average Semtech stock price prediction forecasts a potential upside of 40.99% from the current SMTC share price of $25.96.

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

(NASDAQ: SMTC) forecast ROA is 9.21%, which is lower than the forecast US Semiconductors industry average of 18.24%.
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