Lattice Semiconductor (NASDAQ:LSCC) Downgraded to Buy Rating by Wall Street Zen

Wall Street Zen cut shares of Lattice Semiconductor (NASDAQ:LSCCFree Report) from a strong-buy rating to a buy rating in a report released on Saturday morning.

Several other equities analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Lattice Semiconductor from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. TD Cowen lifted their price objective on shares of Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Needham & Company LLC boosted their price objective on shares of Lattice Semiconductor from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. KeyCorp boosted their price objective on shares of Lattice Semiconductor from $165.00 to $180.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, Jefferies Financial Group upped their target price on Lattice Semiconductor from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $147.46.

View Our Latest Stock Report on LSCC

Lattice Semiconductor Stock Performance

NASDAQ:LSCC opened at $114.40 on Friday. The company has a market cap of $15.67 billion, a price-to-earnings ratio of 440.00, a PEG ratio of 1.74 and a beta of 1.81. Lattice Semiconductor has a fifty-two week low of $60.50 and a fifty-two week high of $157.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. The stock has a fifty day moving average price of $130.58 and a 200-day moving average price of $119.78.

Lattice Semiconductor (NASDAQ:LSCCGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a return on equity of 10.92% and a net margin of 5.58%.The company had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter last year, the business earned $0.24 earnings per share. Lattice Semiconductor’s revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, equities analysts anticipate that Lattice Semiconductor will post 1.12 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $142.89, for a total value of $291,352.71. Following the sale, the senior vice president directly owned 73,519 shares in the company, valued at $10,505,129.91. This represents a 2.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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. Also, Director James P. Lederer sold 6,101 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total transaction of $939,187.94. Following the sale, the director directly owned 41,201 shares of the company’s stock, valued at $6,342,481.94. This represents a 12.90% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 28,502 shares of company stock worth $4,005,820. Corporate insiders own 0.62% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. HB Wealth Management LLC grew its holdings in Lattice Semiconductor by 3.7% in the first quarter. HB Wealth Management LLC now owns 3,335 shares of the semiconductor company’s stock worth $309,000 after purchasing an additional 119 shares during the period. Natixis Advisors LLC raised its holdings in shares of Lattice Semiconductor by 0.5% during the fourth quarter. Natixis Advisors LLC now owns 23,000 shares of the semiconductor company’s stock valued at $1,692,000 after purchasing an additional 120 shares during the period. V Square Quantitative Management LLC raised its holdings in shares of Lattice Semiconductor by 38.6% during the first quarter. V Square Quantitative Management LLC now owns 513 shares of the semiconductor company’s stock valued at $48,000 after purchasing an additional 143 shares during the period. Parallel Advisors LLC boosted its position in shares of Lattice Semiconductor by 10.1% during the 1st quarter. Parallel Advisors LLC now owns 1,963 shares of the semiconductor company’s stock worth $182,000 after purchasing an additional 180 shares in the last quarter. Finally, &PARTNERS boosted its position in shares of Lattice Semiconductor by 2.0% during the 4th quarter. &PARTNERS now owns 9,439 shares of the semiconductor company’s stock worth $694,000 after purchasing an additional 185 shares in the last quarter. Institutional investors and hedge funds own 98.08% of the company’s stock.

About Lattice Semiconductor

(Get Free Report)

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.

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