Why did Semtech (SMTC) stock move recently?

On 8/26/2026, Semtech moved +9.0% — Semtech reported Q2 revenue and EPS above consensus and guided Q3 EPS to $1.02-$1.08, ahead of estimates. Management pointed to strength in its Data Center and LoRa product lines. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Semtech (SMTC) overvalued or fairly valued?

MarketChacha shows Semtech's valuation in context — a trailing P/E of about 970.3, a forward P/E of about 24.8, a price-to-book of about 23.5 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

What is Semtech's revenue?

Semtech reported revenue of $1.0B for FY2026, with net profit of $-40.4M, per official filings.

What is the share price of Semtech (SMTC)?

Semtech last traded at $145.55 (+7.5% on the day), as of 9/4/2026 — a delayed quote shown for education, not investment advice.

Semtech

SMTC · NYSE · Technology · United States

Snapshot

TickerSMTC

ExchangeNYSE

SectorTechnology

IndustrySemiconductors

CountryUnited States

Employees1,920

HeadquartersCamarillo, United States

Websitewww.semtech.com

Filings tracked12

About Semtech

Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe. The company operates in three segments: Signal Integrity, Analog Mixed Signal and Wireless, and IoT Systems and Connectivity. It provides signal integrity products, including a portfolio of optical and copper data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company also offers analog mixed signal and wireless products; protection devices, such as filter and termination devices which protect electronic systems from voltage spikes; and designs, develops, manufactures, and markets radio frequency products used in industrial, medical, and communications applications, as well as specialized sensing products. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. Further, the company offers a portfolio of IoT systems and connectivity solutions, such as modules, gateways, routers, and connected services, including wireless connectivity and cloud-based services for industrial, medical, and communications applications. It serves original equipment manufacturers, solution providers, commercial applications, infrastructure, high-end consumer, and industrial end markets. The company sells its products through direct sales personnel, independent sales representative firms, and independent distributors. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.

Who owns it

Insiders0.8%
Institutions99.2%
Public & other0.0%

729 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.10.45%
Vanguard Portfolio Management LLC5.71%
Vanguard Capital Management LLC4.50%
Ameriprise Financial, Inc.3.70%
State Street Corporation3.63%
Jane Street Group, LLC3.59%
Capital Research Global Investors3.17%
Geode Capital Management, LLC2.41%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 12.0 points over the period — profitability is trending down.

Net margin trend8.1% → -3.8%

Margin has compressed by about 12.0 points over the period — profitability is trending down.

Return on equity-7.3%

Latest ROE of -7.3% is on the low side — the business earns a modest return on shareholder capital.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $435.5M · EPS 1.20

Est. earnings growth +173.7%

Next fiscal year

Rev $1.9B · EPS 5.84

Est. earnings growth +68.0%

Analyst consensus estimates — not the company's own guidance.

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P/E ROE ROCE Margins Market cap

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2026)

$1.0B

Net margin

-3.8%

ROE

-7.3%

Revenue CAGR (3y)

+11.5%

EPS (FY2026)

-0.46

Net profit (FY2026)

$-40.4M

Ask MarketChacha about SMTC

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Aug 26, 2026
Semtech reported Q2 revenue and EPS above consensus and guided Q3 EPS to $1.02-$1.08, ahead of estimates. Management pointed to strength in its Data Center and LoRa product lines.
source 1 ↗· confidence: high
Aug 25, 2026
Semtech rose on its Q2 FY2027 earnings release (after the prior close), which showed record net sales of $341.9M (+33% YoY) and strong non-GAAP gross/operating margins.
source 1 ↗source 2 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

On MarketChacha

Posts about SMTC

c/us-daily · 8/27/2026▲ 0

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2026	$1.0B	$-40.4M	-0.46	-3.8%	-7.3%
FY2025	$909.3M	$-161.9M	-2.26	-17.8%	-29.8%
FY2024	$868.8M	$-1.1B	-17.03	-125.7%	—
FY2023	$756.5M	$61.4M	0.96	8.1%	8.1%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$291.0M	$26.6M	0.27	9.1%
2025Q4	$267.0M	$-2.9M	-0.03	-1.1%
2025Q3	$257.6M	$-27.1M	-0.31	-10.5%
2025Q2	$251.1M	$19.3M	0.22	7.7%
2024Q4	$236.8M	$-7.6M	-0.10	-3.2%
2024Q3	$215.4M	$-170.3M	-2.61	-79.1%
2024Q2	$206.1M	$-23.2M	-0.36	-11.2%
2023Q4	$200.9M	$-38.3M	-0.60	-19.0%
2023Q3	$238.4M	$-382.0M	-5.97	-160.3%
2023Q2	$236.5M	$-29.4M	-0.46	-12.4%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Material agreement, Material financial obligation, Exhibits
SEC7/6/2026material
8-K — Executive/director change, Shareholder vote results
SEC6/8/2026material
10-Q filing
SEC5/27/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC5/26/2026material
10-K filing
SEC3/23/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC3/16/2026material

2025

10-Q filing
SEC11/25/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC11/24/2025material
8-K — Material agreement, Material financial obligation, Unregistered equity sale, Other events, Exhibits
SEC10/10/2025material
8-K — Other events, Exhibits
SEC10/6/2025material
10-Q filing
SEC8/26/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC8/25/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.