Semtech Corporation (SMTC) Stock Forecast
SMTC analyst forecast
as of October 18, 2026- Analyst consensus
- Strong buy 4.69 / 5 from 16 analysts
- Price target
- $217.07 average of analyst targets
- Upside to target
- +58.8% from the latest close
- Next earnings
- November 23, 2026 EPS estimate $0.85
- 52-week range
- $62.57 – $197.20
SMTC analyst ratings
16 analystsNumber of analysts at each rating.
SMTC price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
SMTC earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Oct '26) | $1.13 | $1.07 | $1.17 | $0.48 | +135.9% | 15 |
| Current fiscal year (FY2027) | $3.65 | $3.51 | $4.03 | $1.71 | +113.5% | 15 |
| Next fiscal year (FY2028) | $6.67 | $5.64 | $7.50 | $3.65 | +82.8% | 15 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
SMTC revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Oct '26) | $416.4M | $410.1M | $420.0M | +56.0% | 14 |
| Current fiscal year (FY2027) | $1.50B | $1.48B | $1.57B | +43.2% | 15 |
| Next fiscal year (FY2028) | $2.04B | $1.88B | $2.23B | +35.9% | 15 |
SMTC EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
SMTC revenue: reported and forecast
SMTC EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Oct '26) | $0.73 | $0.73 | $1.06 | $1.06 | $1.13 | +56.0% | 13 up · 0 down |
| Current fiscal year (FY2027) | $2.66 | $2.65 | $3.46 | $3.46 | $3.65 | +37.4% | 12 up · 0 down |
| Next fiscal year (FY2028) | $3.90 | $3.95 | $5.84 | $5.86 | $6.67 | +71.0% | 1 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
SMTC earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; SMTC beat in 11 of 12.
What analysts expect from SMTC
16 analysts cover Semtech; their consensus rating is strong buy (4.69 on a 1–5 scale, where 5 is a strong buy). The average price target is $217.07, 58.8% above the latest close of $136.73. Analysts expect earnings of $3.65 per share for FY2027, +113.5% from a year earlier. For FY2028 the average estimate is $6.67 per share on revenue of $2.0 billion. Semtech beat the EPS estimate in 11 of the last 12 quarters.
Related: SMTC income statement, SMTC key metrics, SMTC chart. See the SMTC stock overview for the latest quote and news.
SMTC forecast FAQ
What is Semtech's price target?
The average analyst price target for Semtech is $217.07, 58.8% above the latest close of $136.73.
Is Semtech a buy, hold or sell?
Of 16 analysts covering Semtech, 13 rate it a strong buy, 1 a buy, 2 a hold, 0 a sell and 0 a strong sell, a consensus of strong buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Semtech's EPS forecast?
Analysts forecast $3.65 per share for FY2027 (range $3.51 to $4.03); for FY2028 the estimate is $6.67.
What is Semtech's revenue forecast?
The average revenue estimate for FY2027 is $1.5 billion, growth of 43.2%; for FY2028 it is $2.0 billion.
When does Semtech report earnings?
Semtech is expected to report results for the quarter ending October 31, 2026 on November 23, 2026 after the market closes; the EPS estimate is $0.85.
Does Semtech usually beat earnings estimates?
Semtech reported EPS at or above the analyst estimate in 11 of the last 12 quarters.