Semtech (NASDAQ:SMTC) Reaches New 52-Week High – Should You Buy?

22 Jan 2026, 15:19 by Tristan Rich · The Markets Daily

Semtech Corporation (NASDAQ:SMTC – Get Free Report) shares hit a new 52-week high during trading on Thursday . The stock traded as high as $83.00 and last traded at $82.3010, with a volume of 1542 shares traded. The stock had previously closed at $80.17.

Analysts Set New Price Targets

Several brokerages have issued reports on SMTC. Summit Insights raised shares of Semtech from a “hold” rating to a “buy” rating in a research note on Tuesday, November 25th. Benchmark boosted their price target on shares of Semtech from $76.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 price objective on shares of Semtech in a research note on Tuesday, November 25th. Wall Street Zen raised shares of Semtech from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Finally, Morgan Stanley set a $67.00 target price on Semtech in a report on Tuesday, November 25th. Fourteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Semtech currently has an average rating of “Moderate Buy” and a consensus price target of $79.21.

Read Our Latest Stock Analysis on SMTC

Semtech Stock Performance

The firm’s 50 day moving average price is $73.73 and its two-hundred day moving average price is $64.59. The firm has a market cap of $7.48 billion, a PE ratio of 260.76 and a beta of 2.01. The company has a debt-to-equity ratio of 0.87, a quick ratio of 1.71 and a current ratio of 2.43.

Semtech (NASDAQ:SMTC – Get Free Report) last released its quarterly earnings results on Monday, November 24th. The semiconductor company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.45 by $0.03. The firm had revenue of $266.97 million for the quarter, compared to analyst estimates of $266.36 million. Semtech had a net margin of 2.77% and a return on equity of 17.00%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 EPS. Semtech has set its Q4 2026 guidance at 0.400-0.460 EPS. On average, research analysts forecast that Semtech Corporation will post -0.02 earnings per share for the current year.

Insider Transactions at Semtech

In other Semtech news, Director Gregory Michael Fischer sold 1,034 shares of the company’s stock in a transaction dated Friday, January 9th. The shares were sold at an average price of $75.50, for a total value of $78,067.00. Following the transaction, the director owned 2,857 shares of the company’s stock, valued at $215,703.50. This represents a 26.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Saar Gillai sold 3,600 shares of Semtech stock in a transaction dated Wednesday, January 7th. The shares were sold at an average price of $75.26, for a total transaction of $270,936.00. Following the sale, the director owned 9,523 shares of the company’s stock, valued at approximately $716,700.98. This represents a 27.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 11,467 shares of company stock worth $861,983 in the last 90 days. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Semtech

Large investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. boosted its position in Semtech by 78.4% in the 2nd quarter. Bessemer Group Inc. now owns 653 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 287 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Semtech during the second quarter worth $33,000. Hantz Financial Services Inc. raised its stake in shares of Semtech by 243.2% in the third quarter. Hantz Financial Services Inc. now owns 508 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 360 shares in the last quarter. Salomon & Ludwin LLC purchased a new position in Semtech in the third quarter valued at $41,000. Finally, AlphaQuest LLC grew its stake in Semtech by 42.5% during the 3rd quarter. AlphaQuest LLC now owns 580 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 173 shares in the last quarter.

About Semtech

(Get Free Report)

Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.