Should You Buy Semtech Corp (SMTC) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/26
Semtech Corp (SMTC) is not a strong buy at the moment for a beginner investor with a long-term strategy. While the technical indicators show a bullish trend and analysts have raised price targets, the company's financial performance is weak, with declining net income and EPS. Additionally, insider selling and ongoing legal issues present significant risks. The stock may be worth revisiting after these concerns are resolved or if financial performance improves.
Technical Analysis
The technical indicators show a bullish trend with MACD positively expanding, RSI in a neutral zone, and moving averages aligned bullishly (SMA_5 > SMA_20 > SMA_200). The stock is trading above its pivot level of 77.558, with resistance at 82.505 and support at 72.611.
Analyst Ratings and Price Target Trends
Analysts are generally positive, with multiple firms raising price targets (ranging from $67 to $95) and maintaining Buy or Overweight ratings. The focus is on growth in AI and data center markets, despite near-term margin pressures.
Wall Street analysts forecast SMTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMTC is 82.87 USD with a low forecast of 67 USD and a high forecast of 95 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Wall Street analysts forecast SMTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SMTC is 82.87 USD with a low forecast of 67 USD and a high forecast of 95 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
Current: 81.570
Current: 81.570
