Semtech (SMTC) – Investment Analysts’ Weekly Ratings Changes

Semtech (NASDAQ: SMTC) recently received a number of ratings updates from brokerages and research firms:

• 5/27/2026 – Semtech had its price target raised by Craig Hallum from $105.00 to $205.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Semtech had its price target raised by Benchmark Co. from $120.00 to $230.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Semtech had its price target raised by Morgan Stanley from $155.00 to $175.00. They now have an “equal weight” rating on the stock.
• 5/27/2026 – Semtech had its price target raised by Roth Mkm from $102.00 to $190.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Semtech was given a new $200.00 price target by Oppenheimer Holdings, Inc..
• 5/27/2026 – Semtech had its price target raised by Susquehanna from $170.00 to $200.00. They now have a “positive” rating on the stock.
• 5/27/2026 – Semtech had its price target raised by UBS Group AG from $165.00 to $225.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Semtech was given a new $225.00 price target by Mizuho.
• 5/27/2026 – Semtech had its price target raised by Stifel Nicolaus from $157.00 to $188.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Semtech had its price target raised by B. Riley Financial, Inc. from $165.00 to $210.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Semtech had its price target raised by Robert W. Baird from $110.00 to $225.00. They now have an “outperform” rating on the stock.
• 5/27/2026 – Semtech had its price target raised by Needham & Company LLC from $105.00 to $200.00. They now have a “buy” rating on the stock.
• 5/26/2026 – Semtech was downgraded by Citigroup Inc. from “buy” to “market perform”.
• 5/26/2026 – Semtech had its price target raised by Morgan Stanley from $89.00 to $155.00. They now have an “equal weight” rating on the stock.
• 5/26/2026 – Semtech was downgraded by Northland Securities from “outperform” to “market perform”.
• 5/22/2026 – Semtech had its price target raised by Oppenheimer Holdings, Inc. from $110.00 to $150.00. They now have an “outperform” rating on the stock.
• 5/21/2026 – Semtech was given a new $157.00 price target by Stifel Nicolaus.
• 5/20/2026 – Semtech had its price target raised by Susquehanna from $110.00 to $170.00. They now have a “positive” rating on the stock.
• 5/18/2026 – Semtech had its price target raised by UBS Group AG from $105.00 to $165.00. They now have a “buy” rating on the stock.
• 5/12/2026 – Semtech had its “buy” rating reaffirmed by B. Riley Financial, Inc..
• 4/16/2026 – Semtech had its price target raised by B. Riley Financial, Inc. from $115.00 to $122.00. They now have a “buy” rating on the stock.
• 4/14/2026 – Semtech had its price target raised by Benchmark Co. from $115.00 to $120.00. They now have a “buy” rating on the stock.

Insider Buying and Selling at Semtech

In other Semtech news, EVP Jason Elliot Green sold 7,500 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $81.73, for a total value of $612,975.00. Following the sale, the executive vice president directly owned 8,811 shares of the company’s stock, valued at approximately $720,123.03. This represents a 45.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Paul V. Walsh, Jr. sold 500 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were sold at an average price of $138.21, for a total transaction of $69,105.00. Following the completion of the sale, the director directly owned 23,279 shares in the company, valued at approximately $3,217,390.59. This represents a 2.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 36,884 shares of company stock valued at $3,069,245. Corporate insiders own 0.48% of the company’s stock.

Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms. The company’s products address a broad range of applications in the Internet of Things (IoT), data center and telecom, industrial, home automation, automotive, and aerospace markets. Semtech’s portfolio includes power management, signal integrity, protection devices, wireless and sensing technologies that enable smarter, more connected systems worldwide.

A core offering from Semtech is its LoRa® technology, a low-power, long-range wireless communication platform that has become a de facto standard for global IoT deployments.