Lattice Semiconductor (NASDAQ:LSCC – Free Report) had its target price raised by Needham & Company LLC from $140.00 to $160.00 in a research note issued to investors on Wednesday, MarketBeat.com reports. Needham & Company LLC currently has a buy rating on the semiconductor company’s stock.
Several other research firms have also commented on LSCC. Royal Bank Of Canada raised their price target on shares of Lattice Semiconductor from $118.00 to $140.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Wall Street Zen lowered shares of Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 20th. KeyCorp raised their target price on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday, May 5th. Weiss Ratings restated a “hold (c-)” rating on shares of Lattice Semiconductor in a report on Friday, July 17th. Finally, Robert W. Baird lifted their target price on shares of Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, May 5th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $144.38.
View Our Latest Stock Analysis on LSCC
Lattice Semiconductor Stock Performance
Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The business had revenue of $201.08 million for the quarter, compared to analyst estimates of $185.50 million. During the same period in the previous year, the company posted $0.24 EPS. The company’s revenue was up 62.2% compared to the same quarter last year. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, research analysts forecast that Lattice Semiconductor will post 1.02 earnings per share for the current year.
Insider Buying and Selling
In other news, SVP Tracy Ann Feanny sold 2,740 shares of Lattice Semiconductor stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $151.84, for a total transaction of $416,041.60. Following the sale, the senior vice president owned 63,084 shares in the company, valued at $9,578,674.56. This trade represents a 4.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of Lattice Semiconductor stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the sale, the senior vice president owned 73,519 shares in the company, valued at $10,505,129.91. This represents a 2.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 10,880 shares of company stock valued at $1,646,582. Corporate insiders own 0.62% of the company’s stock.
Institutional Investors Weigh In On Lattice Semiconductor
A number of large investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in Lattice Semiconductor during the 2nd quarter worth $2,637,161,000. Invesco Ltd. boosted its position in Lattice Semiconductor by 177.3% in the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after buying an additional 3,885,482 shares during the last quarter. Bank of America Corp DE grew its stake in shares of Lattice Semiconductor by 77.4% during the second quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after acquiring an additional 1,390,109 shares in the last quarter. M&T Bank Corp acquired a new stake in shares of Lattice Semiconductor during the fourth quarter valued at about $85,714,000. Finally, TimesSquare Capital Management LLC purchased a new stake in shares of Lattice Semiconductor during the second quarter worth about $173,633,000. 98.08% of the stock is owned by institutional investors and hedge funds.
Lattice Semiconductor Company Profile
Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.
The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.
Featured Articles
- Five stocks we like better than Lattice Semiconductor
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Lattice Semiconductor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lattice Semiconductor and related companies with MarketBeat.com's FREE daily email newsletter.
