StoneX Reiterates Buy Rating on Semtech Corp. (SMTC)

Fri, 16 Oct 2026 10:10:38 -0400

StoneX analyst Cody Acree reiterated a Buy rating and $230.00 price target on Semtech Corp. (NASDAQ: SMTC).

The analyst commented, "Thursday's selloff reflects a growth-expectations reset, in our view. SMTC fell as much as 16.6% intraday & closed down 10.0% while investors digested the Analyst Day. We believe the implied FY29/FY30 slowdown, limited CopperEdge detail and skeptical AI trading environment drove the disappointment. We view the partial 2.1% after-hours rebound as consistent with a more measured assessment of the outlook. We reiterate our Buy rating and our $230 price target."

For an analyst ratings summary and ratings history on Semtech Corp.

Semtech Corp. (SMTC) PT Lowered to $200 at Stifel on Implied Conservatism in FY30E Revenue Guide

Fri, 16 Oct 2026 07:06:16 -0400

Stifel analyst Tore Svanberg lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $200.00 (from $220.00) while maintaining a Buy rating.

The analyst commented, "Raised F3Q27E Guide and a $3.2bn FY30E Framework: Semtech raised its F3Q27E outlook to $417.5mn revenue and $1.14 NG EPS at the midpoint, up from $410.0mn and $1.05. It also introduced FY30E targets: $3.2bn revenue, 70% NG GM, 48-50% NG OM, 35% FCF margin, and $12.40-$13.00 NG EPS, with Data Center targeting $2.1bn in revenue. Management also said it expects Data Center revenue to >2x in FY27, and again in FY28. Conservatism Is Built Into the

Semtech Corp. (SMTC) PT Lowered to $200 at Stifel on Implied Conservatism in FY30E Revenue Guide

Fri, 16 Oct 2026 07:06:16 -0400

Stifel analyst Tore Svanberg lowered the price target on Semtech Corp. (NASDAQ: SMTC) to $200.00 (from $220.00) while maintaining a Buy rating.

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Fri, 16 Oct 2026 06:46:59 -0400

(Updated - October 16, 2026 6:46 AM EDT)

Northland analyst Gus Richard upgraded Semtech Corp. (NASDAQ: SMTC) from Market Perform to Outperform with a price target of $186.00.

The analyst comments "We downgraded SMTC last week, as the share price exceeded our PT. Shares declined 24% in a week. We now believe the risk-reward and valuation are more favorable. At the SMTC analyst meeting yesterday, investors were disappointed intraday with its $3.2B FY30 revenue guidance; after the close, SMTC positively preannounced and provided an FY30/CY29 target model of non-GAAP earnings of over $12 on $3.2B."

For an analyst ratings summary and ratings history

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Fri, 16 Oct 2026 06:46:59 -0400

(Updated - October 16, 2026 6:46 AM EDT)

Northland analyst Gus Richard upgraded Semtech Corp. (NASDAQ: SMTC) from Market Perform to Outperform with a price target of $186.00.

For an analyst ratings summary and ratings history

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Fri, 16 Oct 2026 06:46:59 -0400

(Updated - October 16, 2026 6:46 AM EDT)

Northland analyst Gus Richard upgraded Semtech Corp. (NASDAQ: SMTC) from Market Perform to Outperform with a price target of $186.00.

For an analyst ratings summary and ratings history

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Fri, 16 Oct 2026 06:46:59 -0400

(Updated - October 16, 2026 6:46 AM EDT)

Northland analyst Gus Richard upgraded Semtech Corp. (NASDAQ: SMTC) from Market Perform to Outperform with a price target of $186.00.

For an analyst ratings summary and ratings history

Semtech Corp. (SMTC) PT Raised to $205 at Morgan Stanley

Fri, 16 Oct 2026 06:29:37 -0400

Morgan Stanley analyst Joseph Moore raised the price target on Semtech Corp. (NASDAQ: SMTC) to $205.00 (from $195.00) while maintaining a Equalweight rating.

The analyst comments "Thoughts on the stock: While we remain EW, the analyst day selloff should represent an opportunity. Substantial investor optimism for the growth dynamics, combined with a suddenly more cynical view on AI spending overall, leaves Semtech with a tough needle to thread, and we think that with the CY29 guidance they did so nicely - pointing to backlog and design wins over the next couple of years, and characterizing the out years as more conservative;

Semtech Corp. (SMTC) PT Raised to $205 at Morgan Stanley

Fri, 16 Oct 2026 06:29:37 -0400

Morgan Stanley analyst Joseph Moore raised the price target on Semtech Corp. (NASDAQ: SMTC) to $205.00 (from $195.00) while maintaining a Equalweight rating.

Form 8-K SEMTECH CORP For: Oct 15

Thu, 15 Oct 2026 17:21:00 -0400

si-local-file:///var/storage/secattach/20261015/27194207.html

Semtech holds analyst day to outline AI data center strategy

Thu, 15 Oct 2026 08:02:00 -0400

Semtech Corporation (Nasdaq: SMTC) held an Analyst Day in San Jose, California, where management outlined the company's strategy for expanding its role in AI data center connectivity and provided a multi-year financial framework.

The company identified three strategic priorities: improving power efficiency in AI infrastructure using its high-performance analog technologies, expanding its portfolio across copper and optical interconnects, and deepening relationships with hyperscalers and module manufacturers.

Semtech stated that AI data centers represent a multi-year growth opportunity, with the potential to capture more than 10 times its current content in optical modules.

"AI is driving demand to move more data, faster, with less

Semtech Outlines Data Center Growth Strategy at Analyst Day

Thu, 15 Oct 2026 08:00:00 -0400

AI data centers are expected to be a substantial multi-year growth opportunity for Semtech, with potential to capture >10x the content in optical modules
High-performance analog portfolio addresses critical connectivity challenges as power becomes a major constraint to scaling AI infrastructure
Expanding portfolio across copper and fiber connectivity strengthens Semtech’s position as next-generation architectures accelerate
Management to provide a financial update and multi-year financial framework during the event underscoring near- and long-term growth opportunity

SAN JOSE, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected

Semtech Outlines Data Center Growth Strategy at Analyst Day

Thu, 15 Oct 2026 08:00:00 -0400

AI data centers are expected to be a substantial multi-year growth opportunity for Semtech, with potential to capture >10x the content in optical modules
High-performance analog portfolio addresses critical connectivity challenges as power becomes a major constraint to scaling AI infrastructure
Expanding portfolio across copper and fiber connectivity strengthens Semtech’s position as next-generation architectures accelerate
Management to provide a financial update and multi-year financial framework during the event underscoring near- and long-term growth opportunity

SAN JOSE, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected

Semtech Corp. (SMTC) PT Raised to $230 at BMO Capital

Tue, 13 Oct 2026 09:27:12 -0400

BMO Capital analyst Harsh Kumar raised the price target on Semtech Corp. (NASDAQ: SMTC) to $230.00 (from $155.00) while maintaining an Outperform rating.

The analyst commented, "SMTC is holding an analyst day on Oct.15. The event will include keynote from CEO Dr. Hou, an industry panel fireside chat, DC deep dive, product demos, financial outlook and analyst Q&A session. We look for management to provide insights into several key topics: 1) bridge GM from 64% to high-60%s; 2) bridge optical content from $8-$9 today to $80-$90; and 3) long-term LoRa growth. A key player in AI connectivity, we expect a positive

Semtech Corp. (SMTC) PT Raised to $230 at BMO Capital

Tue, 13 Oct 2026 09:27:12 -0400

BMO Capital analyst Harsh Kumar raised the price target on Semtech Corp. (NASDAQ: SMTC) to $230.00 (from $155.00) while maintaining an Outperform rating.

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tue, 13 Oct 2026 06:01:34 -0400

Tower Semiconductor (Nasdaq: TSEM) and Semtech Corporation (Nasdaq: SMTC) announced an expanded multi-year agreement on Oct. 13, 2026, under which Semtech will secure dedicated silicon germanium (SiGe) manufacturing capacity across Tower's fabrication facilities in the United States, Israel and Japan.

The agreement builds on a 20-year partnership between the two companies and is aimed at supporting Semtech's optical and copper interconnect products used in data center infrastructure. Semtech's signal integrity portfolio — including transimpedance amplifiers, modulator and laser drivers, and linear equalizers — is manufactured using Tower's SiGe process technology.

The companies said the capacity expansion covers interconnect speeds from 800G and

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tue, 13 Oct 2026 06:01:34 -0400

The companies said the capacity expansion covers interconnect speeds from 800G and

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tue, 13 Oct 2026 06:01:34 -0400

The companies said the capacity expansion covers interconnect speeds from 800G and

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tue, 13 Oct 2026 06:01:34 -0400

The companies said the capacity expansion covers interconnect speeds from 800G and

Tower Semiconductor and Semtech Expand SiGe Partnership to Scale Power-Efficient Analog Connectivity for Data Centers

Tue, 13 Oct 2026 06:00:00 -0400

Multi-year agreement expands dedicated capacity across Tower's global fab network to support the companies’ growth in optical and copper interconnects for next-generation AI infrastructure

MIGDAL HAEMEK, Israel, and Camarillo, California, Oct. 13, 2026 -- Tower Semiconductor (Nasdaq/TASE: TSEM), the leading foundry for high-value analog semiconductor solutions, and Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things ("IoT") devices worldwide, today announced an expanded multi-year agreement that builds on the companies’ 20-year partnership. Under the agreement, Semtech will

Tower Semiconductor and Semtech Expand SiGe Partnership to Scale Power-Efficient Analog Connectivity for Data Centers

Tue, 13 Oct 2026 06:00:00 -0400

Multi-year agreement expands dedicated capacity across Tower's global fab network to support the companies’ growth in optical and copper interconnects for next-generation AI infrastructure

Semtech Corporation to Host Data Center Analyst Day on October 15, 2026

Mon, 12 Oct 2026 09:00:00 -0400

Event to feature strategy overview, technology portfolio and long-term financial objectives from Semtech leadership

CAMARILLO, Calif.--(BUSINESS WIRE)-- Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things (“IoT”) devices worldwide, will host an analyst day on Thursday, Oct. 15, 2026, in San Jose, Calif. The event will begin at 9 a.m. PT.

Dr. Hong Hou, president and CEO, Mark Lin, executive vice president and CFO, and other members of the senior leadership team will provide an in-depth review of the Company’s strategy, technology portfolio and long-term financial objectives.

The

Semtech Corporation to Host Data Center Analyst Day on October 15, 2026

Mon, 12 Oct 2026 09:00:00 -0400

Event to feature strategy overview, technology portfolio and long-term financial objectives from Semtech leadership

The

Form 4 SEMTECH CORP For: Oct 07 Filed by: Green Jason Elliot

Fri, 09 Oct 2026 16:23:00 -0400

si-local-file:///var/storage/secattach/20261009/27171794.html

Northland sees AI bubble parallels with dotcom era, cuts two stocks

Fri, 09 Oct 2026 06:52:06 -0400

Northland Capital Markets has published a research note drawing comparisons between the current artificial intelligence investment cycle and the dotcom bubble of the late 1990s and early 2000s.

The firm's analyst outlined several structural similarities, including circular financing arrangements among major AI companies, the use of GPUs as loan collateral, and heavy reliance on debt to fund infrastructure buildouts by large cloud providers. The analyst compared this to vendor financing extended by Lucent and Cisco during the dotcom era, which later resulted in significant debt write-offs.

Northland revised its projected peak for the current AI investment cycle from 2027 to calendar year

StreetInsider.com News Articles

StoneX Reiterates Buy Rating on Semtech Corp. (SMTC)

Semtech Corp. (SMTC) PT Lowered to $200 at Stifel on Implied Conservatism in FY30E Revenue Guide

Semtech Corp. (SMTC) PT Lowered to $200 at Stifel on Implied Conservatism in FY30E Revenue Guide

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Northland Upgrades Semtech Corp. (SMTC) to Outperform Following Last Week Downgrade

Semtech Corp. (SMTC) PT Raised to $205 at Morgan Stanley

Semtech Corp. (SMTC) PT Raised to $205 at Morgan Stanley

Form 8-K SEMTECH CORP For: Oct 15

Semtech holds analyst day to outline AI data center strategy

Semtech Outlines Data Center Growth Strategy at Analyst Day

Semtech Outlines Data Center Growth Strategy at Analyst Day

Semtech Corp. (SMTC) PT Raised to $230 at BMO Capital

Semtech Corp. (SMTC) PT Raised to $230 at BMO Capital

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tower Semiconductor and Semtech expand SiGe capacity deal for data centers

Tower Semiconductor and Semtech Expand SiGe Partnership to Scale Power-Efficient Analog Connectivity for Data Centers

Tower Semiconductor and Semtech Expand SiGe Partnership to Scale Power-Efficient Analog Connectivity for Data Centers

Semtech Corporation to Host Data Center Analyst Day on October 15, 2026

Semtech Corporation to Host Data Center Analyst Day on October 15, 2026

Form 4 SEMTECH CORP For: Oct 07 Filed by: Green Jason Elliot

Northland sees AI bubble parallels with dotcom era, cuts two stocks