On May 28, 2025, Needham analyst Quinn Bolton reiterated a "Buy" rating for Semtech (SMTC, Financial), a leading technology company listed on NASDAQ. The Buy rating remains unchanged as per the latest analyst report.
In addition to maintaining the Buy rating, Needham has also reiterated its price target for Semtech (SMTC, Financial) at USD 54.00. There has been no change in the price target, which was previously set at the same level.
Semtech (SMTC, Financial), known for its innovative semiconductor solutions, continues to hold a stable outlook according to Needham's analysis. The consistent price target and rating indicate sustained confidence in Semtech's market position and future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 12 analysts, the average target price for Semtech Corp (SMTC, Financial) is $55.00 with a high estimate of $68.00 and a low estimate of $40.00. The average target implies an upside of 41.83% from the current price of $38.78. More detailed estimate data can be found on the Semtech Corp (SMTC) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Semtech Corp's (SMTC, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Semtech Corp (SMTC, Financial) in one year is $31.97, suggesting a downside of 17.56% from the current price of $38.78. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Semtech Corp (SMTC) Summary page.
