Stifel lowers target for Semtech stock to USD 200.00, 46.27 percent above price

Published on 10/17/2026 at 22:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter fiscal 2027 revenue reached USD 341.9 million. Semtech stock last traded at USD 136.73 on October 16, 2026, down 5.19 percent on Nasdaq.

Analyst targets and operating scale

Stifel lowered its Semtech target from USD 220.00 to USD 200.00 on October 16, 2026.
Fiscal second-quarter revenue reached USD 341.9 million on July 26, 2026.
Semtech stock last traded at USD 136.73 at 4:00 p.m. ET on October 16, 2026, 5.19 percent below the Nasdaq prior close.
Semtech next earnings release is expected on November 23, 2026.

SMTC, US8168501018, Illustration mit AI erstellt.

Stifel lowered its Semtech price target from USD 220.00 to USD 200.00 on October 16, 2026, while keeping a Buy rating, according to Markets Insider. The revised target stood 46.27 percent above Semtech stock's last Nasdaq price of USD 136.73. Semtech stock was last at USD 136.73 on October 16, 2026 at 4:00 p.m. ET on Nasdaq, down 5.19 percent versus the prior close of October 15, 2026.

Revenue and margins remain central

Semtech reported USD 341.9 million in net sales for fiscal second quarter 2027, with a 54.5 percent non-GAAP gross margin and a 24.4 percent non-GAAP operating margin, according to the company's investor-relations page. The reporting period ended July 26, 2026, and the figures provide the operating backdrop for the target revisions.

Stock sits below its yearly high

The Nasdaq price ranged from USD 135.85 to USD 146.66 on October 16, 2026. Volume reached 4,689,854 shares, 48.22 percent above the 3,163,982-share average. The 52-week range was USD 60.28 to USD 201.99, leaving the stock 32.31 percent below its high.

Valuation and the next date

Semtech had a trailing P/E ratio of 90.71 and a market capitalization of USD 12.8 billion as of October 16, 2026. The next earnings release is expected on November 23, 2026, according to Zacks.

Comparison with peers

Semtech: minus 5.19 percent, P/E 90.71, market capitalization USD 12.8 billion.

Marvell Technology (Nasdaq, USD): minus 5.56 percent, P/E 75.48, market capitalization USD 199.5 billion.

MACOM Technology Solutions (Nasdaq, USD): minus 3.37 percent, P/E 84.32, market capitalization USD 20.0 billion.

Price remains the market frame

Semtech stock was last at USD 136.73 on Nasdaq on October 16, 2026 at 4:00 p.m. ET, down 5.19 percent from the prior close of October 15, 2026. The 32.31 percent gap to the 52-week high places the analyst target discussion against a sharply lower recent quote.