Semtech (SMTC)
(Delayed Data from NSDQ)
$45.38 USD
+1.38 (3.14%)
Updated Oct 14, 2024 04:00 PM ET
After-Market: $45.64 +0.26 (0.57%) 7:58 PM ET
3-Hold of 5 3
F Value B Growth D Momentum D VGM
Semtech (SMTC) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$52.60 | $61.00 | $46.00 | 19.55% |
Price Target
Based on short-term price targets offered by 10 analysts, the average price target for Semtech comes to $52.60. The forecasts range from a low of $46.00 to a high of $61.00. The average price target represents an increase of 19.55% from the last closing price of $44.00.
Analyst Price Targets (10)
Broker Rating
Semtech currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 12 brokerage firms. The current ABR compares to an ABR of 1.42 a month ago based on 12 recommendations.
Of the 12 recommendations deriving the current ABR, nine are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 75% and 8.33% of all recommendations. A month ago, Strong Buy made up 75%, while Buy represented 8.33%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 9 | 9 | 9 | 10 | 10 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 2 | 2 | 2 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.42 | 1.42 | 1.42 | 1.25 | 1.25 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
9/9/2024 | The Benchmark Company | Cody Acree | Not Available | Strong Buy |
8/28/2024 | Summit Insights Group | Kinngai Chan | Strong Buy | Hold |
8/28/2024 | Northland Capital Markets | Gus Richard | Strong Buy | Strong Buy |
8/28/2024 | Not Identified | Not Identified | Hold | Hold |
8/26/2024 | B. Riley Securities | Craig A Ellis | Strong Buy | Strong Buy |
8/12/2024 | Piper Sandler | Harsh Kumar | Strong Buy | Strong Buy |
7/17/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/15/2024 | Needham & Company | Nathaniel Q Bolton | Moderate Buy | Moderate Buy |
6/2/2024 | Roth Capital Partners | Scott Searle | Strong Buy | Strong Buy |
4/1/2024 | Craig-Hallum | Anthony J Stoss | Strong Buy | Strong Buy |
3/14/2024 | Susquehanna Financial Group | Christopher Rolland | Strong Buy | Strong Buy |
3/5/2024 | Robert W. Baird & Co. | Tristan Gerra | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.42 |
ABR (Last week) | 1.42 |
# of Recs in ABR | 12 |
Average Target Price | $52.60 |
LT Growth Rate | 20.00% |
Industry | Semiconductor - Analog and Mixed |
Industry Rank by ABR | 195 of 252 |
Current Quarter EPS Est: | 0.24 |
SMTC FAQs
Semtech Corporation (SMTC) currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 12 brokerage firms.
The average price target for Semtech Corporation (SMTC) is $52.60. The current on short-term price targets is based on 6 reports.
The forecasts for Semtech Corporation (SMTC) range from a low of $46 to a high of $61. The average price target represents a increase of $15.91 from the last closing price of $45.38.
The current UPSIDE for Semtech Corporation (SMTC) is 15.91%
Based on short-term price targets offered by 10 analysts, the average price target for Semtech comes to $52.60. The forecasts range from a low of $46.00 to a high of $61.00. The average price target represents an increase of 19.55% from the last closing price of $44.00.