Inside the research
Semtech Corporation
SMTC Research profile · latest available data
Price overview
$182.30
▲ +7.80 (+4.5%)
| 52w hi | $185.00 |
|---|---|
| 52w lo | $61.63 |
| Vol | 2.38M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.40
| Short | -0.01 |
|---|---|
| Medium | +0.68 |
| Long | +0.65 |
computed 2026-09-27
Key fundamentals
Semtech Corporation
Technology · Semiconductors
| Market cap | $17.01B |
|---|---|
| Enterprise value | $17.33B |
| Trailing P/E | 120.73x |
| Forward P/E | 31.24x |
| EV / EBITDA | 96.66x |
| P / S (ttm) | 14.49x |
| Profit margin | 13.1% |
| Return on equity | 23.7% |
| Revenue growth | +32.7% |
| Debt / equity | 70.11 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.25 | |
| Sector | +0.19 | |
| Technical | +0.10 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe. The company operates in three segments: Signal Integrity, Analog Mixed Signal and Wireless, and IoT Systems and Connectivity. It provides signal integrity products, including a portfolio of optical and copper data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company also offers analog mixed signal and wireless products; protection devices, such as filter and termination devices which protect electronic systems from voltage spikes; and designs, develops, manufactures, and markets radio frequency products used in industrial, medical, and communications applications, as well as specialized sensing products. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. Further, the company offers a portfolio of IoT systems and connectivity solutions, such as modules, gateways, routers, and connected services, including wireless connectivity and cloud-based services for industrial, medical, and communications applications. It serves original equipment manufacturers, solution providers, commercial applications, infrastructure, high-end consumer, and industrial end markets. The company sells its products through direct sales personnel, independent sales representative firms, and independent distributors. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.
Risk Metrics
| Beta vs SPX | 2.69 |
|---|---|
| Corr SPX | 0.54 |
| Annual vol | 79.8% |
| Annual ret | +101.3% |
| Sharpe | 1.27 |
| Max DD | -68.5% |
Window: 504 trading days (504 obs)
Analyst Coverage
| Mean PT | $105.54 |
|---|---|
| High / Low | $122.00 / $89.00 |
| Median | $105.00 |
| Analysts | 13 |
| Strong Buy | 1 | |
|---|---|---|
| Buy | 12 | |
| Hold | 1 | |
| Sell | 0 | |
| Strong Sell | 0 |
Recent rating actions
| 2024-10-10 | Benchmark | → Buy |
| 2024-10-07 | Benchmark | → Buy |
| 2024-09-09 | Benchmark | → Buy |
| 2024-08-28 | Stifel | → Buy |
| 2024-08-28 | Roth MKM | → Buy |
| 2024-08-28 | Needham | → Buy |
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-13 | Other Material Event, Exhibits | read |
| 2026-07-06 | Material Agreement, Material Obligation… | read |
| 2026-06-08 | Officer / Director Change, Shareholder Vote | read |
| 2026-05-26 | Earnings Release, Reg FD Disclosure… | read |
| 2026-03-16 | Earnings Release, Reg FD Disclosure… | read |
| 2025-11-24 | Earnings Release, Reg FD Disclosure… | read |
| 2025-10-10 | Material Agreement, Material Obligation… | read |
| 2025-10-06 | Other Material Event, Exhibits | read |
| 2025-08-25 | Earnings Release, Reg FD Disclosure… | read |
| 2025-06-09 | Officer / Director Change, Bylaws Amendment… | read |
| 2025-05-27 | Earnings Release, Reg FD Disclosure… | read |
| 2025-04-28 | Material Agreement, Material Obligation… | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-08-07 | HOU HONG Q | President and CEO | Sell | 2.00K | $280.00K |
| 2026-07-14 | Silberstein Asaf | EVP and COO | Sell | 3.00K | $435.12K |
| 2026-07-10 | HOU HONG Q | President and CEO | Sell | 2.00K | $266.00K |
| 2026-07-08 | Silberstein Asaf | EVP and COO | Sell | 437 | $54.27K |
| 2026-07-08 | Silberstein Asaf | EVP and COO | Sell | 2.45K | $306.44K |
| 2026-07-08 | Silberstein Asaf | EVP and COO | Sell | 273 | $34.56K |
| 2026-07-08 | Silberstein Asaf | EVP and COO | Sell | 588 | $75.03K |
| 2026-07-08 | Silberstein Asaf | EVP and COO | Sell | 1.40K | $180.18K |
| 2026-07-08 | Silberstein Asaf | EVP and COO | Sell | 3.35K | $435.83K |
| 2026-07-07 | Green Jason Elliot | EVP and CCO | Sell | 1.13K | $146.39K |
Flow & Concentration
| Insider 180d net | -$2.59M |
|---|---|
| Insider buys / sells | 0 / 12 |
| Insider bias | Sellers |
| 13F holders | 9 |
| Top-5 share | 98.6% |
| HHI | 3,424 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $548.39M | 3.39M |
| Citadel Advisors | $322.77M | 1.99M |
| Millennium Management | $186.00M | 1.15M |
| Renaissance Technologies | $33.52M | 207.12K |
| Fidelity / FMR LLC | $29.59M | 182.80K |
| AQR Capital Management | $10.06M | 62.16K |
| Capital Research / Capital World | $2.65M | 614.00K |
| Bridgewater Associates | $2.48M | 15.29K |
| T. Rowe Price Group | $218.17K | 1.35M |
As of 2026-06-30
SEC Filings
The Long Run
FY 2010–2026 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $1.05B | +6.2% | |
| Gross profit | $296.25M | +4.5% | |
| Operating income | -$944.32M | +1.5% | |
| Net income | -$161.90M | +28.0% | |
| Cash from ops | -$93.92M | +6.7% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $177.70 | $185.00 | $176.41 | $182.30 | 2.38M |
| Sep 24 | $164.04 | $174.71 | $162.56 | $174.50 | 2.78M |
| Sep 23 | $174.50 | $174.50 | $165.01 | $169.33 | 3.81M |
| Sep 22 | $174.12 | $178.50 | $172.22 | $174.33 | 3.77M |
| Sep 21 | $190.30 | $190.64 | $176.05 | $177.37 | 4.66M |
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