Lattice Semiconductor (NASDAQ:LSCC) Stock Rating Upgraded by Wall Street Zen

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other research firms have also recently issued reports on LSCC. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Friday, July 17th. KeyCorp increased their price target on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. William Blair initiated coverage on Lattice Semiconductor in a research report on Tuesday, October 6th. They set an “outperform” rating on the stock. Benchmark started coverage on Lattice Semiconductor in a report on Tuesday, August 25th. They set a “buy” rating and a $160.00 price objective on the stock. Finally, Zacks Research cut Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 8th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $147.46.

View Our Latest Analysis on LSCC

Lattice Semiconductor Stock Performance

Shares of NASDAQ LSCC opened at $126.05 on Friday. Lattice Semiconductor has a twelve month low of $60.50 and a twelve month high of $157.01. The stock has a market cap of $17.27 billion, a price-to-earnings ratio of 484.81, a P/E/G ratio of 1.93 and a beta of 1.83. The company has a quick ratio of 2.33, a current ratio of 3.02 and a debt-to-equity ratio of 0.04. The company’s fifty day moving average is $121.60 and its 200-day moving average is $125.37.

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. The business had revenue of $201.08 million during the quarter, compared to analysts’ expectations of $185.50 million. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm’s quarterly revenue was up 62.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 EPS. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Equities research analysts predict that Lattice Semiconductor will post 1.10 EPS for the current year.

Insider Buying and Selling

In related news, SVP Tracy Feanny sold 1,880 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $126.43, for a total value of $237,688.40. Following the completion of the transaction, the senior vice president directly owned 60,221 shares of the company’s stock, valued at approximately $7,613,741.03. This represents a 3.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Pravin Desale sold 2,039 shares of the stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $111.83, for a total value of $228,021.37. Following the transaction, the senior vice president owned 73,456 shares of the company’s stock, valued at approximately $8,214,584.48. This trade 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. Insiders have sold a total of 19,661 shares of company stock worth $2,587,259 over the last ninety days. Company insiders own 0.62% of the company’s stock.

Institutional Trading of Lattice Semiconductor

Hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of Lattice Semiconductor during the 2nd quarter worth approximately $2,637,161,000. William Blair Investment Management LLC acquired a new stake in shares of Lattice Semiconductor in the 2nd quarter valued at approximately $177,497,000. TimesSquare Capital Management LLC bought a new position in shares of Lattice Semiconductor in the second quarter valued at $173,633,000. Bank of New York Mellon Corp bought a new position in shares of Lattice Semiconductor in the second quarter valued at $139,705,000. Finally, Bank of America Corp DE acquired a new position in Lattice Semiconductor during the second quarter worth $94,740,000. Institutional investors and hedge funds own 98.08% of the company’s stock.

About Lattice Semiconductor

(Get Free Report)

Lattice Semiconductor Corporation (NASDAQ: LSCC) is a fabless semiconductor company that develops low-power, programmable logic devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system-on-chip solutions, development boards, design tools and intellectual property.

The company’s products are designed to provide flexible, power-efficient processing, control and connectivity for applications such as industrial equipment, communications infrastructure, automotive systems, consumer electronics, computing and aerospace and defense.

Further Reading

Analyst Recommendations for Lattice Semiconductor (NASDAQ:LSCC)

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