Semtech Future Growth

Future criteria checks 4/6

Semtech is forecast to grow earnings and revenue by 149.7% and 8.7% per annum respectively while EPS is expected to grow by 149.3% per annum.

Key information

149.7%

Earnings growth rate

149.3%

EPS growth rate

Semiconductor earnings growth	24.3%
Revenue growth rate	8.7%
Future return on equity	n/a
Analyst coverage	Good
Last updated	18 Apr 2024

Recent future growth updates

Recent updates

Is Semtech (NASDAQ:SMTC) A Risky Investment?

Mar 20

Semtech: Time To Tune In - Initiating With A Buy

Mar 14

Semtech Corporation's (NASDAQ:SMTC) Intrinsic Value Is Potentially 48% Above Its Share Price

Mar 02

Semtech Corporation (NASDAQ:SMTC) Shares Fly 41% But Investors Aren't Buying For Growth

Dec 18

Is There An Opportunity With Semtech Corporation's (NASDAQ:SMTC) 29% Undervaluation?

Dec 19

Downgrade: Here's How Analysts See Semtech Corporation (NASDAQ:SMTC) Performing In The Near Term

Dec 04

Is Semtech (NASDAQ:SMTC) Using Too Much Debt?

Nov 11

Semtech stock dips on offering of $250M convertible senior notes

Oct 06

Is Semtech Corporation (NASDAQ:SMTC) Potentially Undervalued?

Oct 04

Semtech: Semiconductor's Today Best Near-Term Capital Gain Prospect

Aug 29

Sierra Wireless is said to have reached out to other parties before Semtech deal

Aug 18

We Think Semtech (NASDAQ:SMTC) Can Manage Its Debt With Ease

Aug 10

Earnings and Revenue Growth Forecasts

NasdaqGS:SMTC - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
1/31/2026	1,034	44	N/A	118	10
1/31/2025	875	-22	N/A	56	11
1/28/2024	869	-1,092	-125	-94	N/A
10/29/2023	843	-501	-161	-127	N/A
7/30/2023	820	-440	-137	-103	N/A
4/30/2023	791	-6	-47	-13	N/A
1/29/2023	757	61	98	127	N/A
10/30/2022	780	147	166	196	N/A
7/31/2022	797	159	216	245	N/A
5/1/2022	773	140	192	221	N/A
1/30/2022	741	126	177	203	N/A
10/31/2021	715	107	150	179	N/A
8/1/2021	674	91	110	141	N/A
5/2/2021	633	74	95	125	N/A
1/31/2021	595	60	86	119	N/A
10/25/2020	568	47	112	137	N/A
7/26/2020	555	43	121	142	N/A
4/26/2020	549	29	122	138	N/A
1/26/2020	548	32	96	119	N/A
10/27/2019	570	49	96	121	N/A
7/28/2019	602	47	115	139	N/A
4/28/2019	628	70	128	155	N/A
1/27/2019	627	70	167	184	N/A
10/28/2018	608	48	153	175	N/A
7/29/2018	585	50	124	150	N/A
4/29/2018	574	37	101	136	N/A
1/28/2018	588	35	76	111	N/A
10/29/2017	587	46	N/A	106	N/A
7/30/2017	574	63	N/A	118	N/A
4/30/2017	557	60	N/A	114	N/A
1/29/2017	544	55	N/A	118	N/A
10/30/2016	523	48	N/A	119	N/A
7/31/2016	501	28	N/A	99	N/A
5/1/2016	491	19	N/A	101	N/A
1/31/2016	490	11	N/A	102	N/A
10/25/2015	502	-5	N/A	79	N/A
7/26/2015	535	2	N/A	94	N/A
4/26/2015	555	20	N/A	98	N/A
1/25/2015	558	28	N/A	106	N/A
10/26/2014	554	-167	N/A	125	N/A
7/27/2014	546	-173	N/A	121	N/A
4/27/2014	565	-171	N/A	124	N/A
1/26/2014	595	-164	N/A	118	N/A
10/27/2013	619	59	N/A	123	N/A
7/28/2013	639	64	N/A	149	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SMTC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.4%).

Earnings vs Market: SMTC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: SMTC is expected to become profitable in the next 3 years.

Revenue vs Market: SMTC's revenue (8.7% per year) is forecast to grow faster than the US market (8.2% per year).

High Growth Revenue: SMTC's revenue (8.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SMTC's Return on Equity is forecast to be high in 3 years time

Semtech Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Consensus estimates of losses per share improve by 63%

Price target increased by 26% to US$40.15

Semtech Corporation Provides Earnings Guidance for the First Quarter of Fiscal Year 20525

Consensus EPS estimates upgraded to US$6.33 loss, revenue downgraded

Semtech Corporation Reaffirms Earnings Guidance for the Third Quarter of 2024

Semtech Corporation Provides Earnings Guidance for the Second Quarter and Third Quarter Fiscal 2024

Recent updates

Semtech Corporation, Annual General Meeting, Jun 10, 2024

Consensus estimates of losses per share improve by 63%

Price target increased by 26% to US$40.15

Full year 2024 earnings: EPS misses analyst expectations

Semtech Corporation Provides Earnings Guidance for the First Quarter of Fiscal Year 20525

Semtech Corporation Enabling the Future of Edge and Access Networks for the Cable Operators

Is Semtech (NASDAQ:SMTC) A Risky Investment?

Semtech Corporation to Report Q4, 2024 Results on Mar 28, 2024

Semtech: Time To Tune In - Initiating With A Buy

Semtech Corporation's (NASDAQ:SMTC) Intrinsic Value Is Potentially 48% Above Its Share Price

Semtech Corporation Announces the Launch of the Airlink Xr60, the World's Smallest Rugged 5G Router

High number of new directors

Semtech Corporation (NASDAQ:SMTC) Shares Fly 41% But Investors Aren't Buying For Growth

Consensus EPS estimates upgraded to US$6.33 loss, revenue downgraded

Is Semtech (NASDAQ:SMTC) Using Debt Sensibly?

Third quarter 2024 earnings: EPS exceeds analyst expectations

Semtech Corporation Reports Goodwill Impairment for the Third Quarter Ended October 29, 2023

Semtech Corporation Appoints Julie Garcia Ruehl to Board of Directors

Semtech Corporation Appoints Julie Garcia Ruehl to Board of Directors

Semtech Corporation to Report Q3, 2024 Results on Dec 06, 2023

Semtech Corporation Reaffirms Earnings Guidance for the Third Quarter of 2024

Semtech Corporation Announces Appointment of Mark Lin Joins as Executive Vice President

Semtech and Coherent Demonstrate 200G per Lane Differential Driver with 200G DFB-MZ Laser at ECOC 2023

Semtech Corporation Announces Separation of Gary Beauchamp as Executive Vice President and General Manager, Signal Integrity Products Group, Effective September 15, 2023

Semtech Corporation Provides Earnings Guidance for the Second Quarter and Third Quarter Fiscal 2024

Semtech Corporation announced delayed 10-Q filing

Semtech Corporation Announces Production Availability of Best-In-Class FiberEdge®? Linear Transimpedance Amplifier and Laser Driver for Short Reach 400G and 800G Data Center Applications

Semtech Corporation to Report Q2, 2024 Results on Sep 07, 2023

These 4 Measures Indicate That Semtech (NASDAQ:SMTC) Is Using Debt Extensively

High number of new directors

Semtech Corporation Adds Hong Q. Hou to Board of Directors, Effective July 1, 2023

President exercised options and sold US$418k worth of stock

Some Investors May Be Worried About Semtech's (NASDAQ:SMTC) Returns On Capital

First quarter 2024 earnings: EPS exceeds analyst expectations

Semtech Corporation Provides Earnings Guidance for the Second Quarter of Fiscal Year 2024

Semtech Corporation Releases New Surge Protection Product to Safeguard Electronics

Semtech Corporation to Report Q1, 2024 Results on Jun 07, 2023

Investor sentiment improves as stock rises 16%

Should You Think About Buying Semtech Corporation (NASDAQ:SMTC) Now?

Price target decreased by 8.9% to US$40.67

Investor sentiment deteriorates as stock falls 33%

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Is Semtech (NASDAQ:SMTC) A Risky Investment?

President exercised options and sold US$192k worth of stock

Semtech (NASDAQ:SMTC) Shareholders Will Want The ROCE Trajectory To Continue

Semtech Corporation Launches KVM Software Development Kit for BlueRiver®-based Platforms

Why Semtech Corporation (NASDAQ:SMTC) Could Be Worth Watching

Semtech Corporation Announces Executive Changes

Skyworks Solutions, Inc. and Semtech Corporation Introduce the SKY66423-SX1261 Reference Design for Low-Power Wide-Area Networks (LPWAN)

Is There An Opportunity With Semtech Corporation's (NASDAQ:SMTC) 29% Undervaluation?

Downgrade: Here's How Analysts See Semtech Corporation (NASDAQ:SMTC) Performing In The Near Term

Price target decreased to US$42.50

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Semtech Corporation Provides Earnings Guidance for the Fourth Quarter of Fiscal Year 2023

Insider exercised options and sold US$58k worth of stock

Semtech Corporation to Report Q3, 2023 Results on Nov 30, 2022

Price target decreased to US$51.50

Is Semtech (NASDAQ:SMTC) Using Too Much Debt?

Semtech Corporation's Blueriver ASIC Upgrades Savant Systems’ Suite of 4K Video-Over-Ip Products

Price target decreased to US$51.50

Semtech Corporation Introduces the HotSwitch Platform

Investor sentiment deteriorated over the past week

Semtech’s LoRa Connect Enhances CWD Limited’s Dual Combo Module Connecting IoT Devices to the Cloud

Semtech stock dips on offering of $250M convertible senior notes

Is Semtech Corporation (NASDAQ:SMTC) Potentially Undervalued?

Semtech Corporation Announces Demonstration of 200G Per Lane FiberEdge Physical Medium Dependent Chipset at ECOC 2022

Semtech Corporation Announces Termination of Alistair W. Fulton as Senior Vice President and General Manager, Wireless and Sensing Products Group

Consensus EPS estimates fall by 17%

Investor sentiment deteriorated over the past week