Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.
What's happening?
SMTC is outpacing Technology this month: +30.4% against +11.9% for the average Technology stock.
Above its 200-day average since 30 Jul · 86 of 103 Technology stocks are trending up.
- 1D
- -1.05%
- 7D
- +10.33%
- 1M
- +30.39%
- 3M
- +38.84%
- 6M
- +133.34%
- YTD
- +161.68%
What is the market expecting?
StratDeckPriced above the Technology median on forward earnings; analysts' mean target sits 10.2% above the price.
Value score vs Technology peers
24- Fwd P/E32.933
- P/B24.016
- P/E127.719
- Rev growth+32.7%55
Not scored on Yield. The rest were reweighted to make up the difference.
Is the business delivering?
Revenue growing faster than the Technology median: +32.7% against +26.1%; met or beat the estimate in 4 of the last 4 quarters.
Earnings by quarter
Latest quarter 160M · +134M on the quarter before · +187M on a year earlier
- -7.59MNov24+163M
- 39.1MMar25+46.7M
- 19.3MMay25-19.8M
- -27.1MAug25-46.4M
- -2.86MNov25+24.2M
- -29.8MMar26-26.9M
- 26.6MMay26+56.4M
- 160MAug26+134M
Net income from the income statement, in USD, by the month it was reported.
How does it compare?
Nearest in Technology on valueStratDeckSMTC ranks #72 of 87 on value in Technology; nearest to it are ANET, MTSI and TER.
What happens next?
StratDeckReports next on 23 Nov, in 49 days.
Networking catalysts
- 12–15 OctconferenceOCP Global Summit (San Jose)Hyperscalers and their vendors show next-generation rack, power and cooling designs, the clearest read on where the AI build-out's spend goes next.Servers · Networking · Data-centre infrastructure · Power · Hyperscalers
Recent filings
- 25 Aug8-K2.027.019.01EarningsResults of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Exhibits
CAMARILLO, Calif., August 25, 2026—Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things ("IoT") devices worldwide, announced today unaudited financial results for its second quarter of fiscal year 2027, which ended July 26, 2026.
- 13 Aug8-K8.019.01Semtech Corporation Announces Definitive Agreement on Sale of Cellular Module Business to Compal Electronics
Camarillo, Calif., Thur. Aug. 13, 2026 – Semtech Corporation (Nasdaq: SMTC), a leading provider of high-performance semiconductors powering AI data center networking, Internet of Things (“IoT”) and cellular connectivity and intelligent connected devices worldwide, today announced that it has entered into a definitive agreement to sell its cellular module business to Compal Electronics, Inc…
Fundamentals
On the shortlist
SMTC isn't in any strategy's Top Matches or Close Matches today.
AI Infrastructure · Networking
The AI Infra tradeStratDeckSignal-integrity and optical-driver chips for data-centre links.
In the briefing
Briefing for 5 OctThe briefing has not named SMTC.
Shortlist history
SMTC has not made the shortlist since the ledger opened.
Keep researching
Where next from SMTC
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