
Semtech (SMTC) Stock Forecast & Price Target
Semtech (SMTC) Analyst Ratings
Bulls say
Semtech Corp demonstrates a positive outlook due to the expanding total addressable markets (TAMs) and market share gains in its LoRa and PerSe businesses, contributing to diversified revenue streams. The company is experiencing robust growth in its traditional Transient Voltage Suppressor (TVS) business, which has increased by 22% quarter-over-quarter and 15% year-over-year, outperforming trends in the smartphone market. Additionally, the broad-based strength across new growth markets and legacy products indicates Semtech's ability to capture market share and momentum beyond its established customer base.
Bears say
The financial analysis reveals concerns regarding Semtech Corp's reliance on a limited customer base, where the loss of a single customer or failure to collect receivables could significantly hinder the company's operations and financial health. Additionally, the company's projected forward price-to-earnings ratio of 35x leads to a price-to-earnings growth ratio of 1.17x, suggesting that the anticipated earnings growth may not be sufficient to justify the current stock valuation. Finally, potential adverse impacts on either Semtech's business or its customers could materially affect sales and gross margins, raising further doubts about the company's future financial performance.
This aggregate rating is based on analysts' research of Semtech and is not a guaranteed prediction by Public.com or investment advice.
Semtech (SMTC) Analyst Forecast & Price Prediction
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