Semtech Corporation
SMTC
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Semtech Corporation operates in the semiconductor industry, which is experiencing a robust growth cycle driven by increasing demand for advanced technologies such as IoT and 5G.
- Revenue increased by 17% compared to the prior quarter, reaching $342 million.
- Gross margin improved to 53.8%, up from 52% in the previous quarter.
- Semtech's high trailing P/E ratio of 130.6 suggests that the stock may be overvalued compared to its earnings.
- The company reported a net income loss of $40.4 million for the year 2026.
- Operating margin for 2026 was only 11.7%, indicating challenges in profitability.
Fundamentals
| Market cap | $17.50B | Enterprise value | $17.82B | Trailing P/E | 124.17 | Forward P/E | 32.01 |
| PEG | 1.21 | Price / book | 23.37 | Beta | 2.42 | Dividend yield | 0.00% |
| Revenue growth | 32.7% | Earnings growth | — | Gross margin | 52.9% | Operating margin | 16.2% |
| Profit margin | 13.1% | ROE | 23.7% | ROA | 5.8% | Debt / equity | 0.70 |
| Current ratio | 1.70 | Free cash flow | $132.65M | Analyst recommendation | strong_buy | Mean target | $212.47 |
| 52w high | $201.99 | 52w low | $60.28 |
Quarterly
| 2026-Q3 | 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | |
|---|---|---|---|---|---|---|
| Revenue | $342M | $291M | $274M | $267M | $258M | — |
| Op margin | 16.2% | 9.3% | 9.9% | 11.9% | 10.6% | — |
| Net income | $160M | $26.6M | -$29.8M | -$2.9M | -$27.1M | — |
| Gross margin | 53.8% | 52.0% | 50.4% | 51.9% | 52.1% | — |
| Gross profit | $184M | $151M | $138M | $138M | $134M | — |
| Operating income | $55.5M | $27.0M | $27.0M | $31.8M | $27.3M | — |
- Revenue +17% vs prior quarter ($342M vs $291M).
- Gross margin 53.8% (was 52% prior quarter).
- Operating margin expanded to 16.2%.
Yearly (6y)
| 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
| Revenue | $1.0B | $909M | $869M | $757M | — |
| Op margin | 11.7% | 6.9% | -14.4% | 11.4% | — |
| Net income | -$40.4M | -$162M | -$1.1B | $61.4M | — |
| Gross margin | 51.6% | 50.2% | 34.1% | 63.3% | — |
| Gross profit | $542M | $457M | $296M | $479M | — |
| Operating income | $123M | $62.4M | -$125M | $86.0M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-09 · Northland Securities Downgrades Semtech to Market Perform From Outperform
2026-10-08 · Can Palo Alto Networks Partnership Lift Semtech’s (SMTC) AirLink Portfolio?
2026-10-08 · 2 AI and Quantum Stocks Set for Strong Q3 Earnings Growth
2026-10-06 · Buy 5 Growth Stocks to Boost Your Portfolio in Q4 After a Mixed Q3
2026-10-05 · Semtech Insider Sold Shares Worth $382,420, According to a Recent SEC Filing
2026-10-05 · Semiconductor Manufacturing Stocks Q2 In Review: Semtech (NASDAQ:SMTC) Vs Peers
2026-10-05 · Can Surging InP Demand Strengthen AXT's Long-Term Growth Potential?
2026-10-05 · ON Semiconductor Corp. (ON) Moves 6.0% Higher: Will This Strength Last?
2026-10-04 · Semtech (SMTC) Stock Gets Fair Value Bump As Analysts Back Data Center And LoRa
2026-10-02 · MACOM, Texas Instruments, Semtech, Amkor, and Teradyne Stocks Trade Up, What You Need To Know
2026-10-02 · Semtech Stock Actionable In Buy Zone After Earnings Boost
2026-10-01 · Why Are Semtech (SMTC) Shares Soaring Today
Price (daily)
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