Semtech Corporation reports results for the quarter ended July 31 - Earnings Summary

Semtech

25/08/2026 22:02

Semtech Corporation SMTC.OQ reported quarterly adjusted earnings of 71 cents​​ per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of 41 cents.  The mean expectation of fifteen analysts for the quarter was for earnings of 61 cents per share. Wall Street expected results to range from 61 cents to 63 cents per share.
Revenue rose 32.7% to $341.90 million from a year ago; analysts expected $328.64 million. 
Semtech Corporation's reported EPS for the quarter was $1.59​.
The company reported quarterly net income of $160.1 million.
Semtech Corporation shares had fallen by 25.3% this quarter and gained 64.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 12.2% in the last three months.​ 
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the semiconductors peer group is also "buy" 
Wall Street's median 12-month price target for Semtech Corporation is $202.25, about 40.2% above its last closing price of $120.91
This summary was machine generated from LSEG data August 25 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jul. 31 2026 
0.61
0.71
Beat
Apr. 30 2026 
0.45
0.51
Beat
Jan. 31 2026 
0.43
0.44
Beat
Oct. 31 2025 
0.45
0.48
Beat