Stock Price & Analysis

Based on the analysis of SMTC's technical indicators and analyst sentiment, it is recommended to hold the stock as the indicators suggest a bearish trend, but analysts maintain a positive outlook.

Price Prediction for SMTC Stock in 2025

The price target for SMTC stock in 2025 is expected to reach $42, driven by potential rebound from oversold conditions and analyst price targets averaging $60. However, upside may be limited due to CopperEdge revenue challenges.

The S1 support level for SMTC Stock is $30.98 ,The R1 resistant level for SMTC Stock is $38.47.

As of the end of day on 2025-03-14, the price of SMTC Stock was $39.42.

The target price for SMTC Stock according to analyst rating is 67.50, with the highest price target at 85.00 and the lowest at 54.00. Analysts have a Strong Buy rating on SMTC Stock overall.

The market cap of SMTC is $3.4B.

Analysis and Insights

SMTC appears overvalued based on several factors.

1. Negative Net Income and High Debt: SMTC reported negative net income in all quarters of 2025, with a high debt-to-equity ratio of 2.74, signaling financial strain.

2. Lowered Price Targets: Analysts have reduced price targets, with Needham lowering it to $54 and Piper Sandler to $55, reflecting reduced confidence in SMTC's near-term prospects.

3. High Valuation Metrics: SMTC's EV/EBITDA ratio is elevated at 86.17%, above industry averages, indicating a premium valuation.

4. Recent Selloff: The stock has experienced a significant selloff following the disclosure of lower-than-expected CopperEdge revenue, suggesting investor concern about growth prospects.

These factors collectively suggest SMTC may be overvalued at current levels.

Semtech Corporation is a high-performance semiconductor, Internet of Things (IoT) systems and cloud connectivity service provider. The Company's segments include Signal Integrity, Analog Mixed Signal and Wireless, IoT Systems, and IoT Connected Services. Signal Integrity segment designs, develops, manufactures and markets a portfolio of optical and copper data communications and video transport products. Analog Mixed Signal and Wireless segment designs, develops, manufactures and markets high-performance protection devices, which are referred to as transient voltage suppressors and specialized sensing products. IoT Systems segment designs, develops, operates and markets a product portfolio of IoT solutions that enable businesses to connect and manage their devices, collect and analyze data, and improve decision-making. IoT Connected segment provides services that include wireless connectivity and cloud-based services for customers to deploy, connect, and operate their end applications.

Semtech Corporation (SMTC) is expected to reach a stock price of $80 by 2030, driven by its strong position in the semiconductor and IoT markets, as well as potential recovery from recent CopperEdge setbacks. The company's focus on AI and data center growth, along with portfolio optimization, supports this long-term upside.

SMTC has a total of 1917 employees.