SMTC Semtech Corporation

Stock NASDAQ Technology

US$127.37 -9.56% Latest close

Trend channel, buy level and 3-month target. Information only, not financial advice.

Below the channel ยท 12-month channel rising

Closed below support (US$154.01). Treat the buy level with caution.

9-month channel
US$154.77 โ€“ US$209.87 ยท rising, more than +100% a year
12-month channel read from
US$154.01 โ€“ US$209.56 ยท rising, more than +100% a year
Price in channel
โˆ’48% (0% = floor, 100% = ceiling)
Ceiling overhead
US$209.56
Published levels
Buy and target are not from this channel โ€” see below.

What broke this trend

The fall
-37% from US$197.116 Oct 2026 โ†’ 22 Oct 2026
Whose problem it was
Its sector18 of 31 Semiconductors peers fell with it
Does it resolve?
Temporary falls like it have resolved on the record
Regained so far
3%of what it lost
What the record says
88% of 98 comparable falls came back, typically in 70 days measured on its own peer group

Fell -37% (6 Oct 2026 โ†’ 22 Oct 2026); regained 3% so far; sector-wide.

Reported at the time: Oppenheimer Maintains Outperform on Semtech, Raises Price Target to $225 โ€” 1 Oct 2026

Price history, with the path projected 3 months forward

Updated 5:50 PM ET (42 h ago)

US$50.0US$100.0US$150.0US$200.0Nov 23Apr 24Sept 24Feb 25July 25Dec 25May 26Oct 26 today BuyTarget Our buy US$127.4 ยท est. 1 Nov 26Our target US$159.2 ยท est. 10 Dec 26
  • Daily close
  • Upper trend line (9 months)
  • Lower trend line (9 months)
  • The same lines over the last 12 months
  • Dashed after today: projected 3 months
  • Our buy
  • Our target

Suggested path

Buy at or below

US$127.37

level as at 1 Nov 2026

Our target

US$159.21

by 12 Dec 2026

Projected move

25.0%

gross, before costs

Price is at or below our buy.

Target: SMTC's usual move size (25.0%), the best return per day on this path.

This move size: reached in 30% of 22 past stretches, typically in 41 days. (0.61% per day)

Upper line touches
3
Lower line touches
2
Fit confidence
57%
Fitted
1 Nov 2026

Company information

About Semtech Corporation

Semtech Corporation is a technology firm specializing in the creation, production, and global distribution of advanced analog and mixed-signal semiconductor components, complemented by sophisticated algorithms. The company's extensive product portfolio begins with signal integrity solutions. These encompass crucial optical data communication and video transport products utilized in various infrastructure and industrial environments. It also provides integrated circuits specifically engineered for data centers, corporate networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications. Furthermore, Semtech develops video technologies for broadcast purposes and professional audio-visual (AV) needs, including innovative video-over-IP technology. Another significant offering involves protection products, which integrate filter and termination devices with transient voltage suppressors. These components are designed to shield electronic systems from harmful voltage spikes. Semtech also provides a range of wireless and sensing technologies, including specialized radio frequency (RF) products for diverse industrial, medical, and communications sectors, alongside advanced sensing components for both industrial and consumer markets. Its product line extends to power management devices, such as switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging solutions. These are essential for controlling, modifying, regulating, and conditioning electrical power within electronic systems. Semtech primarily serves original equipment manufacturers (OEMs) and their suppliers within the enterprise computing, communications, consumer, and industrial end-markets. The company distributes its products directly, as well as through a network of independent sales representative firms and independent distributors, reaching customers across North America, Europe, Asia-Pacific, and other international regions. The corporation was established in 1960 and maintains its headquarters in Camarillo, California.

Sector
Technology
Industry
Semiconductors
CEO
Hong Q. Hou
Employees
1,920
Country
US

https://www.semtech.com

Scorecard

Our own scores from the fundamentals below (not Morningstar ratings).

Valuation
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Profitability
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Financial health
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Cash generation
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Key statistics

Market cap
US$16.98B
Enterprise value
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Beta
2.35
Avg volume
3.53M
Revenue per share
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Dividend yield
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52-week range
60.28-190.64
Exchange
NASDAQ

Key ratios

P/E (TTM)
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PEG
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Price / sales
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Price / book
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EV / EBITDA
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Gross margin
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Operating margin
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Net margin
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Current ratio
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Quick ratio
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Debt / equity
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Interest cover
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Income statement

Balance sheet

Cash flow

Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.