Wall Street analyst estimates for Semtech Corporation (SMTC): consensus price target, buy/hold/sell recommendations and forecasts for revenue and EPS for the upcoming fiscal years.
Semtech Corporation is a technology firm specializing in the creation, production, and global distribution of advanced analog and mixed-signal semiconductor components, complemented by sophisticated algorithms. The company's extensive product portfolio begins with signal integrity solutions. These encompass crucial optical data communication and video transport products utilized in various infrastructure and industrial environments.
Consensus price target
$216.82 (+64 % vs price $132.00)
between $186.00 and $300.00 · 15 targets published in the last quarter
Closing price, Oct 29
A twelve-month target is not a fair value: compare it with the range in the Valuation tab.
Revenue and EPS estimates
| Fiscal year | Revenue (average) | Revenue (low – high) | EPS (average) | Analysts |
|---|---|---|---|---|
| 2027E | $1.5B | $1.5B – $1.6B | $3.65 | 10 |
| 2028E | $2.0B | $1.9B – $2.3B | $6.67 | 11 |
| 2029E | $2.7B | $2.4B – $3.2B | $9.89 | 6 |
Fiscal year ending in January · figures in USD · consensus as of October 29, 2026
Analyst Consensus
| Strong Buy | 0 |
| Buy | 31 |
| Hold | 5 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 36 |
| Avg rating (−2 sell to +2 buy) | 0.86 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2026-11-23 | $1.13 | ||
| 2026-08-25 | $0.71 | $0.61 | +15.6% |
| 2026-05-26 | $0.51 | $0.45 | +12.4% |
| 2026-03-16 | $0.44 | $0.43 | +2.3% |
| 2025-11-24 | $0.48 | $0.44 | +7.9% |
| 2025-08-25 | $0.41 | $0.40 | +2.5% |
| 2025-05-27 | $0.38 | $0.37 | +2.5% |
| 2025-03-13 | $0.40 | $0.32 | +25.0% |
Valuation Ratios
| P/E Ratio | 87.57 |
| Price / Book | 17.55 |
| EV / EBITDA | 101.89 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $544.3M | $587.8M | $627.2M | $547.5M | $595.1M | $740.9M | $756.5M | $868.8M | $909.3M | $1.05B |
| Cost of Revenue | $244.7M | $263.7M | $276.8M | $227.4M | $239.8M | $279.7M | $277.6M | $494.8M | $453.6M | $508.4M |
| Gross Profit | $299.6M | $324.1M | $350.4M | $320.1M | $355.3M | $461.1M | $479.0M | $374.0M | $455.6M | $541.6M |
| Research & Development | $102.5M | $104.8M | $109.0M | $107.4M | $117.5M | $147.9M | $155.9M | $186.4M | $170.9M | $196.3M |
| Selling, General & Admin | $136.7M | $139.9M | $152.6M | $161.9M | $163.1M | $170.9M | $164.0M | $221.7M | $223.1M | $211.7M |
| Operating Expenses | $239.2M | $244.7M | $261.6M | $269.3M | $280.6M | $318.9M | $320.0M | $408.1M | $394.0M | $408.0M |
| Operating Income | $60.4M | $79.4M | $88.8M | $50.8M | $74.7M | $142.3M | $159.0M | -$34.1M | $61.7M | $133.6M |
| EBITDA | $107.4M | $128.4M | $138.4M | $90.4M | $110.5M | $182.5M | $131.1M | -$851.1M | -$44.9M | $65.7M |
| Interest Expense | $9.0M | $8.0M | $9.2M | $9.1M | $5.3M | $6.0M | $15.5M | $106.0M | $89.6M | $40.0M |
| Pre-tax Income | $73.1M | $59.6M | $70.0M | $44.7M | $63.3M | $141.2M | $78.7M | -$1.04B | -$183.9M | -$20.6M |
| Income Tax | $18.4M | $23.2M | $355,000 | $12.8M | $3.4M | $15.5M | $17.3M | $50.5M | -$22.0M | $19.8M |
| Net Income | $54.7M | $36.4M | $69.6M | $31.9M | $59.9M | $125.7M | $61.4M | -$1.09B | -$161.9M | -$40.4M |
| EPS | $0.84 | $0.52 | $0.96 | $0.48 | $0.92 | $1.94 | $0.96 | $-17.03 | $-2.26 | $-0.46 |
| EPS (Diluted) | $0.83 | $0.51 | $0.92 | $0.47 | $0.91 | $1.92 | $0.96 | $-17.03 | $-2.26 | $-0.46 |
| Shares Outstanding (Diluted) | 66.1 M | 67.6 M | 68.5 M | 67.4 M | 66.1 M | 65.6 M | 64.0 M | 64.1 M | 71.6 M | 88.4 M |
Price
| Price | $132.00 (closing price, October 29, 2026) |
| Market Cap | $12.3B |
| Exchange | NASDAQ |
| Country | US |
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Explore sector: Technology · Semiconductors
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