Lattice Semiconductor (NASDAQ:LSCC) Upgraded to “Strong-Buy” at Zacks Research

Lattice Semiconductor (NASDAQ:LSCC) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

A number of other research analysts also recently commented on the stock. Royal Bank Of Canada increased their price target on shares of Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. TD Cowen upped their price objective on Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a research report on Monday, July 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $175.00 price objective on shares of Lattice Semiconductor in a research note on Tuesday, August 4th. Finally, Robert W. Baird raised their price objective on Lattice Semiconductor from $120.00 to $135.00 and gave the company an “outperform” rating in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $144.38.

Lattice Semiconductor Stock Down 1.7%

NASDAQ LSCC opened at $126.12 on Monday. 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 company has a market capitalization of $17.28 billion, a P/E ratio of 485.08, a P/E/G ratio of 2.09 and a beta of 1.81. Lattice Semiconductor has a one year low of $59.37 and a one year high of $157.01. The stock has a 50 day moving average price of $136.57 and a 200-day moving average price of $116.53.

Lattice Semiconductor (NASDAQ:LSCC) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The company had revenue of $201.08 million for the quarter, compared to analysts’ expectations of $185.50 million. During the same quarter in the previous year, the business posted $0.24 earnings per share. Lattice Semiconductor’s quarterly 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 predict that Lattice Semiconductor will post 1.04 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director James P. Lederer sold 6,101 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $153.94, for a total value of $939,187.94. Following the transaction, the director directly owned 41,201 shares in the company, valued at approximately $6,342,481.94. This represents a 12.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Tracy Ann Feanny sold 2,740 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $151.84, for a total transaction of $416,041.60. Following the completion of the transaction, the senior vice president directly owned 63,084 shares in the company, valued at $9,578,674.56. This represents a 4.16% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 10,880 shares of company stock worth $1,646,582 over the last quarter. Company insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

A number of hedge funds have recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new stake in shares of Lattice Semiconductor during the second quarter valued at approximately $2,637,161,000. Invesco Ltd. increased its holdings in Lattice Semiconductor by 177.3% during the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock worth $445,538,000 after purchasing an additional 3,885,482 shares during the period. State Street Corp increased its holdings in Lattice Semiconductor by 1.8% during the 2nd quarter. State Street Corp now owns 4,852,380 shares of the semiconductor company’s stock worth $237,718,000 after purchasing an additional 85,973 shares during the period. Geode Capital Management LLC raised its position in Lattice Semiconductor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 3,457,389 shares of the semiconductor company’s stock valued at $254,433,000 after purchasing an additional 84,812 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Lattice Semiconductor by 77.4% in the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after buying an additional 1,390,109 shares during the period. 98.08% of the stock is currently owned by institutional investors.

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.