Weekly Analysts’ Ratings Updates for Semtech (SMTC)

Semtech (NASDAQ: SMTC) recently received a number of ratings updates from brokerages and research firms:

• 10/5/2026 – Semtech had its price target raised by Stifel Nicolaus from $188.00 to $220.00. They now have a “buy” rating on the stock.
• 10/1/2026 – Semtech had its price target raised by Oppenheimer Holdings, Inc. from $200.00 to $225.00. They now have an “outperform” rating on the stock.
• 9/22/2026 – Semtech is now covered by Seaport Research Partners. They set a “buy” rating and a $200.00 price target on the stock.
• 9/22/2026 – Semtech was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 9/22/2026 – Semtech was upgraded by Seaport Research Partners to “strong-buy”.
• 9/21/2026 – Semtech was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/9/2026 – Semtech was upgraded by Weiss Ratings from “sell (d-)” to “hold (c-)”.
• 8/29/2026 – Semtech was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 8/27/2026 – Semtech had its price target raised by Robert W. Baird from $225.00 to $300.00. They now have an “outperform” rating on the stock.
• 8/27/2026 – Semtech was upgraded by Northland Securities from “market perform” to “outperform”. They now have a $182.00 price target on the stock.
• 8/26/2026 – Semtech is now covered by BMO Capital Markets. They set an “outperform” rating and a $155.00 price target on the stock.
• 8/26/2026 – Semtech had its price target raised by Morgan Stanley from $175.00 to $195.00. They now have an “equal weight” rating on the stock.
• 8/26/2026 – Semtech was given a new $220.00 price target by Roth Capital.
• 8/26/2026 – Semtech had its price target raised by UBS Group AG from $225.00 to $230.00. They now have a “buy” rating on the stock.
• 8/26/2026 – Semtech had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $200.00 price target on the stock.
• 8/24/2026 – Semtech had its price target raised by Roth Capital from $102.00 to $190.00. They now have a “buy” rating on the stock.
• 8/21/2026 – Semtech was downgraded by Zacks Research from “strong-buy” to “hold”.
• 8/20/2026 – Semtech is now covered by BMO Capital Markets. They set an “outperform” rating and a $155.00 price target on the stock.
• 8/20/2026 – Semtech was given a new $230.00 price target by New Street Research.
• 8/20/2026 – Semtech had its “buy” rating reaffirmed by Benchmark Co..
• 8/20/2026 – Semtech is now covered by BMO Capital Markets. They set an “outperform” rating and a $155.00 price target on the stock.
• 8/14/2026 – Semtech had its “buy” rating reaffirmed by Needham & Company LLC. They now have a $200.00 price target on the stock.

Insider Transactions at Semtech

In related news, Director Rodolpho C. Cardenuto sold 5,321 shares of the business’s stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $165.00, for a total transaction of $877,965.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Julie Ruehl sold 1,500 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $145.00, for a total value of $217,500.00. Following the sale, the director directly owned 7,140 shares in the company, valued at $1,035,300. This represents a 17.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 12,971 shares of company stock valued at $2,007,369 over the last quarter. Company insiders own 0.44% of the company’s stock.

Semtech Corporation is a global semiconductor and technology company that designs and supplies analog and mixed-signal products for communications, industrial, automotive, consumer, and infrastructure applications. Its solutions are used to manage, protect, connect, and transmit data in electronic systems.

The company’s portfolio includes signal-integrity products, protection devices, power-management components, optical and high-speed connectivity solutions, and video-processing technologies.