Semtech (SMTC) Stock Forecast, Price Target & Predictions
SMTC Stock Forecast
Semtech stock forecast is as follows: an average price target of $49.50 (represents a 12.70% upside from SMTC’s last price of $43.92) and a rating consensus of 'Buy', based on 14 wall street analysts offering a 1-year stock forecast.
SMTC Price Target
The average price target for Semtech (SMTC) is $49.50 based on 1-year price targets from 14 Wall Street analysts in the past 3 months, with a price target range of $61.00 to $36.50. This represents a potential 12.70% upside from SMTC's last price of $43.92.
SMTC Analyst Ratings
According to 14 Wall Street analysts, Semtech's rating consensus is 'Buy'. The analyst rating breakdown for SMTC stock is 0 'Strong Buy' (0.00%), 11 'Buy' (78.57%), 2 'Hold' (14.29%), 1 'Sell' (7.14%), and 0 'Strong Sell' (0.00%).
Semtech Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 28, 2024 | Craig Ellis | B.Riley Financial | $61.00 | $41.28 | 47.77% | 38.89% |
| Jun 07, 2024 | Tore Svanberg | Stifel Nicolaus | $45.00 | $31.18 | 44.32% | 2.46% |
| Jun 06, 2024 | Angelo Zino | CFRA | $46.00 | $37.86 | 21.50% | 4.74% |
| Jun 06, 2024 | Tore Svanberg | Stifel Nicolaus | $50.00 | $45.62 | 9.61% | 13.84% |
| Jun 06, 2024 | Anthony Stoss | Craig-Hallum | $48.00 | $38.68 | 24.10% | 9.29% |
| Jun 06, 2024 | Scott Searle | Roth Capital | $50.00 | $38.68 | 29.27% | 13.84% |
| Jun 06, 2024 | Craig Ellis | B.Riley Financial | $58.00 | $38.68 | 49.95% | 32.06% |
| Jun 06, 2024 | Christopher Rolland | Susquehanna | $55.00 | $38.68 | 42.19% | 25.23% |
| Jun 06, 2024 | Quinn Bolton | Needham | $50.00 | $38.68 | 29.27% | 13.84% |
| May 29, 2024 | Harsh Kumar | Piper Sandler | $60.00 | $41.84 | 43.40% | 36.61% |
The latest Semtech stock forecast, released on Aug 28, 2024 by Craig Ellis from B.Riley Financial, set a price target of $61.00, which represents a 47.77% increase from the stock price at the time of the forecast ($41.28), and a 38.89% increase from SMTC last price ($43.92).
Semtech Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 19 |
| Avg Price Target | - | $61.00 | $45.13 |
| Last Closing Price | $43.92 | $43.92 | $43.92 |
| Upside/Downside | -100.00% | 38.89% | 2.76% |
In the current month, the average price target of Semtech stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Semtech's last price of $43.92. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 22, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Sep 20, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 28, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Aug 28, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Aug 28, 2024 | B. Riley | Buy | Buy | Hold |
| Aug 27, 2024 | Summit Insights Group | Buy | Hold | Downgrade |
| Jun 07, 2024 | Oppenheimer | Perform | Perform | Hold |
| Jun 06, 2024 | CFRA | Buy | Buy | Hold |
| Jun 06, 2024 | Craig-Hallum | Buy | Buy | Hold |
| Jun 06, 2024 | Susquehanna | Positive | Positive | Hold |
Semtech's last stock rating was published by Piper Sandler on Oct 22, 2024. The company gave SMTC a "Overweight" rating, the same as its previous rate.
Semtech Financial Forecast
Semtech Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $192.95M | $200.90M | $238.37M | $236.54M | $167.51M | $177.62M | $209.25M | - | $190.55M | $194.93M | - | $170.37M | $164.67M | $154.08M | $143.66M | $132.70M | $138.00M | $141.01M |
| Avg Forecast | $312.20M | $312.55M | $289.35M | $270.00M | $291.19M | $284.14M | $261.73M | $245.23M | $242.03M | $232.89M | $212.30M | $200.15M | $190.72M | $200.55M | $237.37M | $235.00M | $150.08M | $175.44M | $208.29M | $199.98M | $189.34M | $193.21M | $182.80M | $167.85M | $158.24M | $149.87M | $141.81M | $129.33M | $134.24M | $140.08M |
| High Forecast | $327.79M | $328.15M | $303.80M | $283.48M | $305.73M | $298.33M | $274.80M | $257.48M | $254.74M | $235.10M | $212.30M | $200.15M | $190.72M | $204.51M | $249.22M | $246.73M | $157.58M | $181.81M | $215.86M | $207.25M | $196.22M | $200.23M | $189.44M | $173.95M | $163.99M | $155.32M | $146.96M | $134.02M | $139.12M | $145.17M |
| Low Forecast | $291.52M | $291.85M | $270.19M | $252.12M | $271.91M | $265.32M | $244.40M | $228.99M | $226.91M | $230.40M | $212.30M | $200.15M | $190.72M | $199.62M | $221.65M | $219.43M | $140.14M | $166.92M | $198.18M | $190.27M | $180.15M | $183.83M | $173.92M | $159.70M | $150.56M | $142.59M | $134.92M | $123.05M | $127.72M | $133.28M |
| # Analysts | 7 | 4 | 7 | 4 | 7 | 3 | 6 | 3 | 8 | 9 | 6 | 4 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 10 | 10 | 10 | 10 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.00% | 1.01% | 1.12% | 1.01% | 1.00% | - | 1.01% | 1.01% | - | 1.02% | 1.04% | 1.03% | 1.01% | 1.03% | 1.03% | 1.01% |
Semtech's average Quarter revenue forecast for Apr 24 based on 4 analysts is $200.15M, with a low forecast of $200.15M, and a high forecast of $200.15M. SMTC's average Quarter revenue forecast represents a 3.73% increase compared to the company's last Quarter revenue of $192.95M (Jan 24).
Semtech EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 4 | 7 | 3 | 6 | 3 | 8 | 9 | 6 | 4 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 10 | 10 | 10 | 10 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $-619.96M | $-12.37M | $1.47M | $14.87M | $-51.53M | $46.31M | $54.67M | - | $51.97M | $47.25M | - | $36.37M | $29.74M | $29.00M | $24.70M | $21.09M | $9.69M | $32.85M |
| Avg Forecast | $39.50M | $39.55M | $36.61M | $34.16M | $36.84M | $35.95M | $33.12M | $31.03M | $30.62M | $29.47M | $26.86M | $61.97M | $24.13M | $25.38M | $30.03M | $56.33M | $50.53M | $22.20M | $26.36M | $51.21M | $23.96M | $24.45M | $23.13M | $27.88M | $20.02M | $18.96M | $17.94M | $8.30M | $16.99M | $17.72M |
| High Forecast | $41.47M | $41.52M | $38.44M | $35.87M | $38.68M | $37.75M | $34.77M | $32.58M | $32.23M | $29.75M | $26.86M | $74.36M | $24.13M | $25.88M | $31.53M | $67.60M | $60.64M | $23.00M | $27.31M | $61.45M | $24.83M | $25.33M | $23.97M | $33.46M | $20.75M | $19.65M | $18.59M | $9.96M | $17.60M | $18.37M |
| Low Forecast | $36.89M | $36.93M | $34.19M | $31.90M | $34.40M | $33.57M | $30.92M | $28.97M | $28.71M | $29.15M | $26.86M | $49.57M | $24.13M | $25.26M | $28.05M | $45.07M | $40.42M | $21.12M | $25.08M | $40.97M | $22.79M | $23.26M | $22.01M | $22.30M | $19.05M | $18.04M | $17.07M | $6.64M | $16.16M | $16.86M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -25.69% | -0.49% | 0.05% | 0.26% | -1.02% | 2.09% | 2.07% | - | 2.17% | 1.93% | - | 1.30% | 1.49% | 1.53% | 1.38% | 2.54% | 0.57% | 1.85% |
9 analysts predict SMTC's average Quarter EBITDA for Oct 23 to be $25.38M, with a high of $25.88M and a low of $25.26M. This is 1623.86% upper than Semtech's previous annual EBITDA (Jul 23) of $1.47M.
Semtech Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 4 | 7 | 3 | 6 | 3 | 8 | 9 | 6 | 4 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 10 | 10 | 10 | 10 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-642.36M | $-38.25M | $-382.00M | $-29.41M | $-50.99M | $22.75M | $51.60M | - | $34.79M | $34.43M | - | $23.50M | $15.66M | $18.49M | $16.13M | $9.63M | $-4.39M | $17.60M |
| Avg Forecast | $38.84M | $39.17M | $31.33M | $25.46M | $33.65M | $31.81M | $23.92M | $18.52M | $17.51M | $15.19M | $6.17M | $41.50M | $-2.91M | $-9.79M | $1.42M | $37.73M | $36.82M | $41.26M | $55.68M | $34.30M | $45.26M | $47.13M | $40.41M | $14.68M | $31.39M | $29.87M | $27.14M | $-3.76M | $22.96M | $25.87M |
| High Forecast | $41.36M | $41.71M | $33.37M | $27.11M | $35.83M | $33.87M | $25.47M | $19.72M | $21.71M | $15.83M | $6.19M | $49.80M | $-2.66M | $-5.88M | $1.52M | $45.28M | $44.18M | $43.21M | $58.31M | $41.16M | $47.40M | $49.36M | $42.32M | $17.61M | $32.87M | $31.28M | $28.42M | $-3.01M | $24.05M | $27.09M |
| Low Forecast | $35.50M | $35.80M | $28.64M | $23.27M | $30.75M | $29.07M | $21.86M | $16.92M | $13.31M | $14.56M | $6.16M | $33.20M | $-3.10M | $-13.71M | $1.30M | $30.18M | $29.45M | $38.65M | $52.17M | $27.44M | $42.40M | $44.16M | $37.86M | $11.74M | $29.41M | $27.98M | $25.43M | $-4.51M | $21.51M | $24.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 220.90% | 3.91% | -268.20% | -0.78% | -1.39% | 0.55% | 0.93% | - | 0.77% | 0.73% | - | 1.60% | 0.50% | 0.62% | 0.59% | -2.56% | -0.19% | 0.68% |
Semtech's average Quarter net income forecast for Jan 23 is $36.82M, with a range of $29.45M to $44.18M. SMTC's average Quarter net income forecast represents a 61.86% increase compared to the company's last Quarter net income of $22.75M (Oct 22).
Semtech SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 4 | 7 | 3 | 6 | 3 | 8 | 9 | 6 | 4 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 10 | 10 | 10 | 10 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $55.20M | $47.66M | $65.02M | $58.12M | $101.95M | $42.37M | $48.12M | - | $39.81M | $47.62M | - | $38.80M | $47.09M | $42.89M | $38.26M | $34.60M | $51.06M | $33.80M |
| Avg Forecast | $85.25M | $85.35M | $79.01M | $73.73M | $79.52M | $77.59M | $71.47M | $66.97M | $66.09M | $63.60M | $57.97M | $47.47M | $52.08M | $54.77M | $64.82M | $43.15M | $50.93M | $47.91M | $56.88M | $39.23M | $51.70M | $52.76M | $49.92M | $44.14M | $43.21M | $40.93M | $38.72M | $43.76M | $36.66M | $38.25M |
| High Forecast | $89.51M | $89.61M | $82.96M | $77.41M | $83.49M | $81.47M | $75.04M | $70.31M | $69.56M | $64.20M | $57.97M | $56.96M | $52.08M | $55.85M | $68.06M | $51.79M | $61.11M | $49.65M | $58.95M | $47.08M | $53.58M | $54.68M | $51.73M | $52.97M | $44.78M | $42.41M | $40.13M | $52.52M | $37.99M | $39.64M |
| Low Forecast | $79.61M | $79.70M | $73.78M | $68.85M | $74.25M | $72.45M | $66.74M | $62.53M | $61.96M | $62.92M | $57.97M | $37.98M | $52.08M | $54.51M | $60.53M | $34.52M | $40.74M | $45.58M | $54.12M | $31.38M | $49.19M | $50.20M | $47.49M | $35.31M | $41.11M | $38.94M | $36.84M | $35.01M | $34.88M | $36.39M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.06% | 0.87% | 1.00% | 1.35% | 2.00% | 0.88% | 0.85% | - | 0.77% | 0.90% | - | 0.88% | 1.09% | 1.05% | 0.99% | 0.79% | 1.39% | 0.88% |
Semtech's average Quarter SG&A projection for Apr 24 is $47.47M, based on 4 Wall Street analysts, with a range of $37.98M to $56.96M. The forecast indicates a -14.00% fall compared to SMTC last annual SG&A of $55.20M (Jan 24).
Semtech EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | Apr 26 | Jan 26 | Oct 25 | Jul 25 | Apr 25 | Jan 25 | Oct 24 | Jul 24 | Apr 24 | Jan 24 | Oct 23 | Jul 23 | Apr 23 | Jan 23 | Oct 22 | Jul 22 | Apr 22 | Jan 22 | Oct 21 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 7 | 4 | 7 | 4 | 7 | 3 | 6 | 3 | 8 | 9 | 6 | 4 | 4 | 9 | 5 | 4 | 8 | 6 | 3 | 3 | 6 | 6 | 4 | 4 | 6 | 10 | 10 | 10 | 10 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-9.98 | $-0.60 | $-5.97 | $-0.46 | $-0.80 | $0.36 | $0.81 | - | $0.54 | $0.53 | - | $0.36 | $0.24 | $0.28 | $0.25 | $0.15 | $0.04 | $0.27 |
| Avg Forecast | $0.59 | $0.60 | $0.48 | $0.39 | $0.52 | $0.49 | $0.37 | $0.28 | $0.27 | $0.23 | $0.09 | $0.01 | $-0.04 | $-0.15 | $0.02 | $-0.08 | $0.48 | $0.63 | $0.85 | $0.76 | $0.69 | $0.72 | $0.62 | $0.52 | $0.48 | $0.46 | $0.42 | $0.32 | $0.35 | $0.40 |
| High Forecast | $0.63 | $0.64 | $0.51 | $0.42 | $0.55 | $0.52 | $0.39 | $0.30 | $0.33 | $0.24 | $0.09 | $0.01 | $-0.04 | $-0.09 | $0.02 | $-0.07 | $0.51 | $0.66 | $0.89 | $0.80 | $0.73 | $0.76 | $0.65 | $0.55 | $0.50 | $0.48 | $0.44 | $0.34 | $0.37 | $0.42 |
| Low Forecast | $0.54 | $0.55 | $0.44 | $0.36 | $0.47 | $0.45 | $0.33 | $0.26 | $0.20 | $0.22 | $0.09 | $0.01 | $-0.05 | $-0.21 | $0.02 | $-0.08 | $0.44 | $0.59 | $0.80 | $0.71 | $0.65 | $0.68 | $0.58 | $0.49 | $0.45 | $0.43 | $0.39 | $0.30 | $0.33 | $0.37 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 224.04% | 4.00% | -273.63% | 5.88% | -1.67% | 0.57% | 0.95% | - | 0.78% | 0.73% | - | 0.69% | 0.50% | 0.61% | 0.60% | 0.47% | 0.11% | 0.68% |
According to 8 Wall Street analysts, Semtech's projected average Quarter EPS for Jan 23 is $0.48, with a low estimate of $0.44 and a high estimate of $0.51. This represents a 33.04% increase compared to SMTC previous annual EPS of $0.36 (Oct 22).
Semtech Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SYNA | Synaptics | $69.27 | $160.83 | 132.18% | Buy |
| QRVO | Qorvo | $71.37 | $117.57 | 64.73% | Hold |
| ALGM | Allegro MicroSystems | $20.28 | $32.50 | 60.26% | Buy |
| SIMO | Silicon Motion | $52.29 | $82.00 | 56.82% | Buy |
| SLAB | Silicon Laboratories | $104.74 | $162.00 | 54.67% | Hold |
| SGH | SMART Global | $20.85 | $29.38 | 40.91% | Buy |
| AMKR | Amkor | $26.02 | $36.50 | 40.28% | Buy |
| FORM | FormFactor | $38.77 | $51.17 | 31.98% | Buy |
| POWI | Power Integrations | $63.48 | $79.00 | 24.45% | Buy |
| DIOD | Diodes | $60.19 | $74.00 | 22.94% | Buy |
| MCHP | Microchip | $74.47 | $90.53 | 21.57% | Buy |
| SMTC | Semtech | $43.92 | $49.50 | 12.70% | Buy |
| CRUS | Cirrus Logic | $110.63 | $118.20 | 6.84% | Buy |
| AOSL | Alpha and Omega Semiconductor | $33.25 | $31.50 | -5.26% | Buy |
| MPWR | Monolithic Power Systems | $766.57 | $706.67 | -7.81% | Buy |
| MTSI | MACOM Technology Solutions | $113.80 | $103.88 | -8.72% | Buy |
SMTC Forecast FAQ
Is Semtech a good buy?
Yes, according to 14 Wall Street analysts, Semtech (SMTC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 78.57% of SMTC's total ratings.
What is SMTC's price target?
Semtech (SMTC) average price target is $49.5 with a range of $36.5 to $61, implying a 12.70% from its last price of $43.92. The data is based on 14 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Semtech stock go up soon?
According to Wall Street analysts' prediction for SMTC stock, the company can go up by 12.70% (from the last price of $43.92 to the average price target of $49.5), up by 38.89% based on the highest stock price target, and down by -16.89% based on the lowest stock price target.
Can Semtech stock reach $70?
SMTC's average twelve months analyst stock price target of $49.5 does not support the claim that Semtech can reach $70 in the near future.
What are Semtech's analysts' financial forecasts?
Semtech's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $1.08B (high $1.14B, low $1.01B), average EBITDA is $136.94M (high $143.78M, low $127.87M), average net income is $107.89M (high $114.89M, low $98.6M), average SG&A $295.55M (high $310.31M, low $275.98M), and average EPS is $1.65 (high $1.76, low $1.51). SMTC's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $1.18B (high $1.24B, low $1.11B), average EBITDA is $149.82M (high $157.3M, low $139.9M), average net income is $134.81M (high $143.55M, low $123.2M), average SG&A $323.35M (high $339.49M, low $301.94M), and average EPS is $2.06 (high $2.2, low $1.89).
Did the SMTC's actual financial results beat the analysts' financial forecasts?
Based on Semtech's last annual report (Jan 2024), the company's revenue was $868.76M, beating the average analysts forecast of $863.63M by 0.59%. Apple's EBITDA was $-944M, missing the average prediction of $135.87M by -795.00%. The company's net income was $-1.092B, missing the average estimation of $26.45M by -4228.07%. Apple's SG&A was $220.22M, beating the average forecast of $214.82M by 2.51%. Lastly, the company's EPS was $-17.03, beating the average prediction of $-0.251 by 6687.32%. In terms of the last quarterly report (Jan 2024), Semtech's revenue was $192.95M, beating the average analysts' forecast of $190.72M by 1.17%. The company's EBITDA was $-620M, missing the average prediction of $24.13M by -2669.10%. Semtech's net income was $-642M, beating the average estimation of $-2.908M by 21989.95%. The company's SG&A was $55.2M, beating the average forecast of $52.08M by 5.98%. Lastly, the company's EPS was $-9.98, beating the average prediction of $-0.0445 by 22304.31%