SEMTECH CORP (SMTC) Forecast, Price Target & Analyst Ratings
NASDAQ:SMTC • US8168501018
82.02 USD
-5.06 (-5.81%)
At close: Mar 6, 2026
82.97 USD
+0.95 (+1.16%)
After Hours: 3/6/2026, 8:00:02 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SEMTECH CORP (SMTC).
Forecast Snapshot
Consensus Price Target
$86.87
+ 5.92% Upside
Next Earnings Forecast
Release DateMar 16, 2026
PeriodQ4 / 2026
EPS Estimate$0.44
Revenue Estimate278.6M
ChartMill Buy Consensus
82.61%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$86.87
Upside
+ 5.92%
From current price of $82.02 to mean target of $86.87, Based on 23 analyst forecasts
Low
$67.67
Median
$86.70
High
$105.00
Price Target Revisions
1 Month
2.97%
3 Months
17.36%
Price Target Summary
23 analysts have analysed SMTC and the average price target is 86.87 USD. This implies a price increase of 5.92% is expected in the next year compared to the current price of 82.02.
The average price target has been revised upward by 17.36% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.61%
SMTC was analyzed by 23 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about SMTC.
In the previous month the buy percentage consensus was at a similar level.
SMTC was analyzed by 23 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-03-04 | Benchmark | Maintains | Buy -> Buy |
| 2026-01-16 | Stifel | Maintains | Buy -> Buy |
| 2025-12-11 | Piper Sandler | Reiterate | Overweight -> Overweight |
| 2025-11-25 | Needham | Reiterate | Buy -> Buy |
| 2025-11-25 | Oppenheimer | Reiterate | Outperform -> Outperform |
| 2025-11-25 | Benchmark | Maintains | Buy -> Buy |
| 2025-11-25 | B. Riley Securities | Maintains | Buy -> Buy |
| 2025-11-25 | Roth Capital | Maintains | Buy -> Buy |
| 2025-11-25 | Baird | Maintains | Outperform -> Outperform |
| 2025-11-25 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-11-25 | Piper Sandler | Reiterate | Overweight -> Overweight |
| 2025-11-24 | Morgan Stanley | Maintains | Equal-Weight -> Equal-Weight |
| 2025-11-18 | Susquehanna | Maintains | Positive -> Positive |
| 2025-10-27 | UBS | Maintains | Buy -> Buy |
| 2025-10-01 | TD Cowen | Initiate | Buy |
| 2025-09-30 | Oppenheimer | Upgrade | Perform -> Outperform |
| 2025-09-09 | Benchmark | Maintains | Buy -> Buy |
| 2025-08-26 | Needham | Maintains | Buy -> Buy |
| 2025-08-26 | Benchmark | Reiterate | Buy -> Buy |
| 2025-08-26 | Piper Sandler | Maintains | Overweight -> Overweight |
| 2025-08-26 | Craig-Hallum | Maintains | Buy -> Buy |
| 2025-08-26 | Northland Capital Markets | Maintains | Outperform -> Outperform |
| 2025-07-18 | Stifel | Maintains | Buy -> Buy |
| 2025-05-28 | Needham | Reiterate | Buy -> Buy |
| 2025-05-28 | Benchmark | Reiterate | Buy -> Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateMar 16, 2026
PeriodQ4 / 2026
EPS Estimate$0.44
Revenue Estimate278.6M
Revenue Q2Q11.00%
EPS Q2Q10.01%
Number of Analysts16
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
1.66%
EPS (1 Month)
0.00%
EPS (3 Months)
-0.74%
Next Earnings Summary
SMTC is expected to report earnings on 3/16/2026. The consensus EPS estimate for the next earnings is 0.44 USD and the consensus revenue estimate is 278.60M USD.
The next earnings revenue estimate has been revised upward by 1.66% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 756.5M 2.11% | 868.758M 14.84% | 909.287M 4.67% | 1.07B 17.67% | 1.225B 14.49% | 1.364B 11.35% | |
| EBITDA YoY % growth | 183.1M 8.73% | 46.37M -74.68% | 97.067M 109.33% | 223.22M 129.96% | 266.21M 19.26% | 341.88M 28.42% | |
| EBIT YoY % growth | 150.9M 9.75% | -38.082M -125.24% | 53.568M 240.66% | 182.85M 241.34% | 243.6M 33.22% | 315.2M 29.39% | |
| Operating Margin | 19.95% | -4.38% | 5.89% | 17.09% | 19.89% | 23.11% | |
| EPS YoY % growth | 2.79 6.49% | 0.09 -96.77% | 0.83 822.22% | 1.73 108.30% | 2.22 28.28% | 2.94 32.77% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | Q1 / 28 | Q2 / 28 | Q3 / 28 | Q4 / 28 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.44 10.01% | 0.44 16.95% | 0.52 27.41% | 0.62 28.71% | 0.64 44.37% | 0.64 44.85% | 0.71 35.73% | 0.79 27.44% | 0.81 27.37% |
| Revenue Q2Q % growth | 278.6M 11.00% | 281.68M 12.18% | 299.1M 16.11% | 320.63M 20.09% | 326.27M 17.11% | 318.61M 13.11% | 332.12M 11.04% | 350.16M 9.21% | 357.09M 9.45% |
| EBITDA Q2Q % growth | 55.39M -13.27% | 52.432M 10.72% | 60.744M 27.10% | 73.144M 17.13% | 75.383M 36.09% | 78.003M 48.77% | 84.759M 39.53% | 94.027M 28.55% | 94.636M 25.54% |
| EBIT Q2Q % growth | 47.239M 131.94% | 48.92M 31.63% | 58.108M 112.93% | 69.284M 117.79% | 72.091M 52.61% | 69.094M 41.24% | 77.227M 32.90% | 86.284M 24.54% | 88.633M 22.95% |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
52.52%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
13.80%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
31.53%
EBIT Next 5 Year
N/A
SEMTECH CORP / SMTC Forecast FAQ
Can you provide the average price target for SEMTECH CORP stock?
23 analysts have analysed SMTC and the average price target is 86.87 USD. This implies a price increase of 5.92% is expected in the next year compared to the current price of 82.02.
When does SEMTECH CORP (SMTC) report earnings?
SEMTECH CORP (SMTC) will report earnings on 2026-03-16, after the market close.
What are the consensus estimates for SMTC stock next earnings?
The consensus EPS estimate for the next earnings of SEMTECH CORP (SMTC) is 0.44 USD and the consensus revenue estimate is 278.60M USD.
What is the number of analysts for SMTC stock?
The number of analysts covering SEMTECH CORP (SMTC) is 23.