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Fabless·SMTC
Semtech Corporation
NASDAQ · US
Analog, mixed-signal, and high-performance signal integrity supplier.
AI relevance
Signal integrity and connectivity exposure in data center systems.
Price
$125.12
Change
-16.51 (-11.66%)
Market cap
$11.7B
52w range
$60–$202
Exchange
NASDAQ
Country
US
Jason's Chips
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Price chart
SMTC market performance
Daily close for Semtech Corporation
- Latest close
- $125.1
- Range move
- +$59.99 (+92.1%)
- Range high
- $197.2
- Range low
- $62.57
- Latest volume
- 3.9M
- Source
- FMP EOD
Downloads
CSVExports
Download statements, ratios, chart data, and transcript indexes.
Income statement
12 annual rowsRevenue, gross profit, R&D, operating income, EBITDA, net income, and EPS.
Balance sheet
12 annual rowsCash, receivables, inventory, PP&E, assets, debt, liabilities, and equity.
Cash flow
12 annual rowsOperating cash flow, capital expenditures, and free cash flow.
Key metrics
12 annual rowsEnterprise value, valuation multiples, returns, yields, and cash conversion.
Ratios
12 annual rowsMargins, liquidity ratios, valuation ratios, leverage, and per-share metrics.
Chart data
1254 rowsFive years of daily close and volume data powering the company chart.
Transcript list
67 rowsAvailable earnings-call transcript dates by fiscal year and quarter.
StreetBuy
Analyst expectations
Rating consensus36 ratings
Strong buy
0
Buy
31
Hold
5
Sell
0
Strong sell
0
Annual estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2027-01-25 | $1.50B | $1.48B - $1.57B | $3.65 | $3.51 - $4.03 | $513.8M | $468.7M | $355.0M | $345.8M | 12 rev / 10 EPS |
| 2028-01-25 | $2.04B | $1.95B - $2.27B | $6.67 | $5.96 - $7.91 | $858.5M | $811.6M | $667.1M | $469.8M | 12 rev / 11 EPS |
| 2029-01-25 | $2.71B | $2.39B - $3.15B | $9.89 | $8.99 - $11.85 | $1.21B | $1.16B | $985.1M | $624.1M | 10 rev / 6 EPS |
| 2030-01-25 | $3.27B | $3.07B - $3.58B | $12.45 | $11.45 - $13.96 | $1.35B | $1.29B | $1.10B | $752.2M | 5 rev / 2 EPS |
Quarterly estimates
| Period | Revenue avg | Revenue range | EPS avg | EPS range | EBITDA avg | EBIT avg | Net income avg | SG&A avg | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| 2026-10-26 | $416.7M | $411.5M - $421.6M | $1.13 | $1.06 - $1.18 | $138.7M | $127.3M | $114.1M | $95.8M | 11 rev / 11 EPS |
| 2027-01-26 | $449.6M | $431.3M - $487.5M | $1.29 | $1.18 - $1.45 | $156.1M | $144.8M | $130.0M | $103.4M | 11 rev / 11 EPS |
| 2027-04-26 | $448.1M | $433.0M - $480.5M | $1.41 | $1.34 - $1.54 | $168.9M | $157.5M | $141.6M | $103.0M | 10 rev / 9 EPS |
| 2027-07-26 | $486.4M | $470.1M - $521.6M | $1.58 | $1.51 - $1.73 | $188.5M | $177.1M | $159.4M | $111.8M | 5 rev / 4 EPS |
| 2027-10-26 | $528.5M | $510.8M - $566.8M | $1.77 | $1.69 - $1.93 | $209.3M | $197.7M | $178.2M | $121.5M | 5 rev / 4 EPS |
| 2028-01-26 | $563.8M | $544.8M - $604.6M | $1.92 | $1.84 - $2.10 | $226.4M | $214.6M | $193.6M | $129.6M | 7 rev / 8 EPS |
| 2028-04-26 | $617.3M | $596.6M - $662.0M | $2.17 | $2.08 - $2.38 | $254.5M | $242.4M | $218.9M | $141.9M | 4 rev / 5 EPS |
| 2028-07-26 | $661.9M | $639.7M - $709.8M | $2.38 | $2.28 - $2.61 | $278.4M | $266.1M | $240.4M | $152.2M | 4 rev / 5 EPS |
Price target history
| Window | Targets | Average target |
|---|---|---|
| Last month | 7 | $211.57 |
| Last quarter | 15 | $212.87 |
| Last year | 42 | $170.69 |
| All time | 83 | $111.27 |
Sources: StreetInsider, Benzinga
Latest grade actions
| Date | Firm | Action | Previous | New |
|---|---|---|---|---|
| 2026-10-16 | Stifel | Maintain | Buy | Buy |
| 2026-10-16 | Northland Capital Markets | Upgrade | Market Perform | Outperform |
| 2026-10-16 | TD Cowen | Maintain | Buy | Buy |
| 2026-10-13 | BMO Capital | Maintain | Outperform | Outperform |
| 2026-10-05 | Stifel | Maintain | Buy | Buy |
| 2026-10-01 | Oppenheimer | Maintain | Outperform | Outperform |
| 2026-08-27 | Northland Capital Markets | Upgrade | Market Perform | Outperform |
| 2026-08-27 | Baird | Maintain | Outperform | Outperform |
Historical rating snapshots
| Date | Strong buy | Buy | Hold | Sell | Strong sell |
|---|---|---|---|---|---|
| 2026-10-01 | 1 | 14 | 2 | 0 | 0 |
| 2026-09-01 | 1 | 14 | 1 | 0 | 0 |
| 2026-08-01 | 1 | 13 | 2 | 0 | 0 |
| 2026-07-01 | 1 | 11 | 2 | 0 | 0 |
| 2026-06-01 | 1 | 11 | 2 | 0 | 0 |
| 2026-05-01 | 1 | 12 | 2 | 0 | 0 |
| 2026-04-01 | 1 | 12 | 1 | 0 | 0 |
| 2026-03-01 | 2 | 12 | 1 | 0 | 0 |
FinancialsFY 2026
Financials
Income statement annual
| Period | Revenue | Gross profit | Gross margin | R&D | Operating income | EBITDA | Net income | EPS |
|---|---|---|---|---|---|---|---|---|
| FY 2026 | $1.05B | $541.6M | 51.6% | $196.3M | $133.6M | $65.7M | -$40.4M | $-0.46 |
| FY 2025 | $909.3M | $455.6M | 50.1% | $170.9M | $61.7M | -$44.9M | -$161.9M | $-2.26 |
| FY 2024 | $868.8M | $374.0M | 43.0% | $186.4M | -$34.1M | -$851.1M | -$1.09B | $-17.03 |
| FY 2023 | $756.5M | $479.0M | 63.3% | $155.9M | $159.0M | $131.1M | $61.4M | $0.96 |
| FY 2022 | $740.9M | $461.1M | 62.2% | $147.9M | $142.3M | $182.5M | $125.7M | $1.94 |
| FY 2021 | $595.1M | $355.3M | 59.7% | $117.5M | $74.7M | $110.5M | $59.9M | $0.92 |
| FY 2020 | $547.5M | $320.1M | 58.5% | $107.4M | $50.8M | $90.4M | $31.9M | $0.48 |
| FY 2019 | $627.2M | $350.4M | 55.9% | $109.0M | $88.8M | $138.4M | $69.6M | $0.96 |
| FY 2018 | $587.8M | $324.1M | 55.1% | $104.8M | $79.4M | $128.4M | $36.4M | $0.52 |
| FY 2017 | $544.3M | $299.6M | 55.0% | $102.5M | $60.4M | $107.4M | $54.7M | $0.84 |
| FY 2016 | $490.2M | $268.1M | 54.7% | $113.7M | $18.2M | $67.1M | $11.5M | $0.18 |
| FY 2015 | $557.9M | $308.9M | 55.4% | $112.7M | $67.6M | $118.9M | $27.9M | $0.42 |
Cash flow annual
| Period | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|
| FY 2026 | $169.5M | $9.8M | $159.7M |
| FY 2025 | $58.0M | $7.9M | $43.8M |
| FY 2024 | -$93.9M | $29.2M | -$125.0M |
| FY 2023 | $126.7M | $28.3M | $98.4M |
| FY 2022 | $203.1M | $26.2M | $176.9M |
| FY 2021 | $118.9M | $32.7M | $86.2M |
| FY 2020 | $118.6M | $23.1M | $95.6M |
| FY 2019 | $183.6M | $17.1M | $166.5M |
| FY 2018 | $105.9M | $35.5M | $70.5M |
| FY 2017 | $117.6M | $32.9M | $84.7M |
| FY 2016 | $102.1M | $13.0M | $89.0M |
| FY 2015 | $106.2M | $32.9M | $73.3M |
Balance sheet annual
| Period | Cash + ST inv. | Receivables | Inventory | PP&E | Assets | Debt | Net debt | Liabilities | Equity |
|---|---|---|---|---|---|---|---|---|---|
| FY 2026 | $195.2M | $196.2M | $195.7M | $132.8M | $1.41B | $497.3M | $302.1M | $860.6M | $549.7M |
| FY 2025 | $164.5M | $188.1M | $163.6M | $126.2M | $1.42B | $557.5M | $405.8M | $876.8M | $542.4M |
| FY 2024 | $143.1M | $151.6M | $145.0M | $177.5M | $1.37B | $1.38B | $1.25B | $1.68B | -$307.4M |
| FY 2023 | $235.5M | $161.7M | $207.7M | $169.3M | $2.57B | $1.35B | $1.11B | $1.81B | $755.9M |
| FY 2022 | $279.6M | $71.5M | $114.0M | $134.9M | $1.13B | $175.7M | -$103.9M | $393.1M | $737.6M |
| FY 2021 | $268.9M | $70.4M | $87.5M | $130.9M | $1.08B | $183.2M | -$85.7M | $383.1M | $698.7M |
| FY 2020 | $293.3M | $61.9M | $73.0M | $124.4M | $1.05B | $198.0M | -$95.3M | $375.2M | $676.3M |
| FY 2019 | $312.1M | $79.2M | $63.7M | $118.5M | $1.06B | $211.1M | -$101.0M | $380.2M | $682.7M |
| FY 2018 | $307.9M | $53.2M | $71.1M | $124.6M | $1.09B | $226.5M | -$81.4M | $420.8M | $665.0M |
| FY 2017 | $297.1M | $51.4M | $65.9M | $108.9M | $1.01B | $241.0M | -$56.2M | $408.9M | $605.3M |
| FY 2016 | $211.8M | $44.1M | $63.9M | $101.0M | $911.5M | $257.7M | $45.9M | $383.5M | $528.1M |
| FY 2015 | $230.3M | $69.3M | $73.7M | $115.5M | $929.4M | $253.3M | $23.0M | $378.1M | $551.4M |
Annual ratios and key metrics
| Period | Gross margin | Op margin | Net margin | Current | Quick | ROE | ROIC | EV / sales | EV / EBITDA | FCF yield | R&D / rev. | Cash cycle |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2026 | 51.6% | 12.7% | -3.8% | 2.4x | 1.7x | -7.3% | 11.7% | 7.1x | 113.8x | 2.2% | 18.7% | 148d |
| FY 2025 | 50.1% | 6.8% | -17.8% | 2.1x | 1.5x | -29.8% | 4.6% | 5.0x | -100.4x | 1.1% | 18.8% | 159d |
| FY 2024 | 43.0% | -3.9% | -125.7% | 2.5x | 1.8x | 355.2% | -2.9% | 3.0x | -3.1x | -9.1% | 21.5% | 137d |
| FY 2023 | 63.3% | 21.0% | 8.1% | 1.8x | 1.3x | 8.1% | 5.6% | 4.2x | 24.4x | 4.7% | 20.6% | 219d |
| FY 2022 | 62.2% | 19.2% | 17.0% | 3.9x | 3.0x | 17.0% | 12.6% | 6.1x | 24.6x | 3.8% | 20.0% | 118d |
| FY 2021 | 59.7% | 12.5% | 10.1% | 4.3x | 3.5x | 8.6% | 7.2% | 8.0x | 43.1x | 1.8% | 19.7% | 100d |
| FY 2020 | 58.5% | 9.3% | 5.8% | 4.7x | 3.9x | 4.7% | 3.8% | 5.9x | 35.9x | 2.9% | 19.6% | 81d |
| FY 2019 | 55.9% | 14.2% | 11.1% | 3.7x | 3.2x | 10.2% | 9.3% | 4.8x | 21.9x | 5.3% | 17.4% | 73d |
| FY 2018 | 55.1% | 13.5% | 6.2% | 3.7x | 3.1x | 5.5% | 5.0% | 4.0x | 18.2x | 2.9% | 17.8% | 80d |
| FY 2017 | 55.0% | 11.1% | 10.0% | 3.6x | 3.0x | 9.0% | 5.0% | 3.9x | 19.6x | 3.9% | 18.8% | 70d |
| FY 2016 | 54.7% | 3.7% | 2.3% | 3.3x | 2.7x | 2.2% | 1.2% | 2.9x | 20.9x | 6.6% | 23.2% | 79d |
| FY 2015 | 55.4% | 12.1% | 5.0% | 3.7x | 3.0x | 5.1% | 6.2% | 3.3x | 15.6x | 4.0% | 20.2% | 106d |
Annual growth
| Period | Revenue | Gross profit | R&D | Op income | Net income | EPS | FCF | Capex | Cash + ST inv. | Inventory | Assets | Debt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FY 2026 | +15.5% | +18.9% | +14.9% | +116.6% | +75.0% | +79.6% | +264.8% | +31.1% | +18.7% | +19.6% | -0.6% | -10.8% |
| FY 2025 | +4.7% | +21.8% | -8.3% | +280.8% | +85.2% | +86.7% | +135.0% | +54.3% | +14.9% | +12.8% | +3.3% | -59.5% |
| FY 2024 | +14.8% | -21.9% | +19.6% | -121.5% | -1879.1% | -1874.0% | -227.1% | -9.8% | -39.2% | -30.2% | -46.5% | +2.3% |
| FY 2023 | +2.1% | +3.9% | +5.4% | +11.7% | -51.2% | -50.5% | -44.4% | -8.2% | -15.8% | +82.2% | +127.2% | +666.4% |
| FY 2022 | +24.5% | +29.8% | +25.9% | +90.5% | +109.8% | +110.9% | +105.3% | +20.0% | +4.0% | +30.3% | +4.5% | -4.1% |
| FY 2021 | +8.7% | +11.0% | +9.5% | +46.9% | +88.0% | +91.7% | -9.8% | -42.0% | -8.3% | +19.8% | +2.9% | -7.5% |
| FY 2020 | -12.7% | -8.6% | -1.5% | -42.7% | -54.2% | -50.0% | -42.6% | -35.2% | -6.0% | +14.7% | -1.0% | -6.2% |
| FY 2019 | +6.7% | +8.1% | +4.1% | +11.9% | +91.2% | +84.6% | +136.3% | +51.9% | +1.4% | -10.4% | -2.1% | -6.8% |
| FY 2018 | +8.0% | +8.2% | +2.2% | +31.5% | -33.4% | -38.1% | -16.8% | -7.7% | +3.6% | +7.9% | +7.1% | -6.0% |
| FY 2017 | +11.0% | +11.8% | -9.9% | +232.4% | +375.4% | +366.7% | -4.9% | -152.7% | +40.3% | +3.1% | +11.3% | -6.5% |
| FY 2016 | -12.1% | -13.2% | +0.9% | -73.1% | -58.9% | -57.1% | +21.5% | +60.4% | -8.0% | -13.3% | -1.9% | +1.8% |
| FY 2015 | -6.2% | -1.1% | -14.6% | +18.9% | +117.0% | +117.2% | -5.2% | +19.3% | -5.3% | +22.2% | -2.1% | -13.2% |
SegmentsFY 2026
Revenue Mix
Latest product mixFY 2026 · $1.05B
Analog Mixed Signal and Wireless$373.4M · 35.6%
IoT Systems And Connectivity$353.9M · 33.7%
Signal Integrity$322.6M · 30.7%
Latest geography mixFY 2026 · $1.05B
Asia Pacific$697.6M · 66.4%
North America$231.9M · 22.1%
Europe$120.5M · 11.5%
Product revenue annual
| Period | Total | Signal Integrity | Wireless and Sensing | Protection | Advanced Protection And Sensing Products Group | IoT Systems And Connectivity | IoT System Products Group | Analog Mixed Signal and Wireless | IoT Connected Services Group |
|---|---|---|---|---|---|---|---|---|---|
| FY 2026 | $1.05B | $322.6M | -- | -- | -- | $353.9M | -- | $373.4M | -- |
| FY 2025 | $909.3M | $261.7M | -- | -- | $322.9M | $324.6M | -- | -- | -- |
| FY 2024 | $868.8M | $177.0M | -- | -- | $260.3M | -- | $334.9M | -- | $96.6M |
| FY 2023 | $756.5M | $304.1M | -- | -- | $236.9M | -- | $210.3M | -- | $5.2M |
| FY 2022 | $740.9M | $291.1M | $246.2M | $203.6M | -- | -- | -- | -- | -- |
| FY 2021 | $595.1M | $255.6M | $177.5M | $161.9M | -- | -- | -- | -- | -- |
| FY 2020 | $547.5M | $222.8M | $167.5M | $157.2M | -- | -- | -- | -- | -- |
| FY 2019 | $648.7M | $276.0M | $190.6M | $182.1M | -- | -- | -- | -- | -- |
| FY 2018 | $557.1M | $263.0M | $117.6M | $176.5M | -- | -- | -- | -- | -- |
| FY 2017 | $258.8M | $258.8M | -- | -- | -- | -- | -- | -- | -- |
| FY 2016 | $221.2M | $221.2M | -- | -- | -- | -- | -- | -- | -- |
| FY 2015 | $255.7M | $255.7M | -- | -- | -- | -- | -- | -- | -- |
Geography revenue annual
| Period | Total | Asia Pacific | North America | Europe |
|---|---|---|---|---|
| FY 2026 | $1.05B | $697.6M | $231.9M | $120.5M |
| FY 2025 | $909.3M | $574.7M | $204.5M | $130.1M |
| FY 2024 | $868.8M | $505.6M | $237.1M | $126.0M |
| FY 2023 | $756.5M | $543.8M | $109.4M | $103.3M |
| FY 2022 | $740.9M | $583.9M | $90.8M | $66.2M |
| FY 2021 | $595.1M | $474.0M | $71.9M | $49.2M |
| FY 2020 | $547.5M | $421.6M | $76.7M | $49.3M |
| FY 2019 | $648.7M | $480.7M | $118.7M | $49.4M |
| FY 2018 | $604.1M | $439.3M | $121.1M | $43.6M |
| FY 2017 | $549.7M | $412.2M | $94.1M | $43.4M |
| FY 2016 | $490.2M | $358.5M | $46.2M | $85.6M |
| FY 2015 | $557.9M | $412.5M | $85.1M | $60.2M |
Transcripts67 on file
Transcripts
Events
Events
Next earnings
2026-11-23EPS est $1.13
Latest news
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