profit from every $100 of sales.
$0$100
Semtech
$114.59-4.06% today
+69.5% in 1 year
1-year low $62.571-year high $197.20
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2026.
0%20% a year
It has no yearly profit to compare the price with.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Semtech sold, what it kept, and what it did with the cash.
Sales went from $757 million in 2023 to $1.05 billion in 2026, with -$40.4 million of profit last year.
SalesProfit
Semtech vs. similar companies
How it compares with the largest companies in its industry.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Semtech | No profit yet | ||
 Nvidia | 32.8× · Expensive | ||
 TSMC | 40.0× · Expensive | ||
 Broadcom | 71.6× · Very expensive | ||
 Micron Technology | 10.4× · Cheap |
AI analysis
An AI analyst reads Semtech's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 595 | 741 | 757 | 869 | 909 | 1,050 | |
| 356 | 461 | 479 | 296 | 457 | 542 | |
| – | – | 86 | -125 | 62 | 123 | |
| – | – | 127 | -863 | -53 | 39 | |
| 60 | 126 | 61 | -1,092 | -162 | -40 | |
| 0.91 | 1.92 | 0.96 | -17.03 | -2.26 | -0.46 | |
| 59.8% | 62.2% | 63.3% | 34.1% | 50.2% | 51.6% | |
| – | – | 11.4% | -14.4% | 6.9% | 11.7% | |
| 10.1% | 17.0% | 8.1% | -125.7% | -17.8% | -3.8% |
Balance sheet
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Total assets | 1,082 | 1,131 | 2,570 | 1,374 | 1,419 | 1,410 |
| Cash | 269 | 280 | 236 | 129 | 152 | 195 |
| Total debt | 179 | 172 | 1,346 | 1,378 | 558 | 497 |
| Total liabilities | – | – | 1,814 | 1,681 | 877 | 861 |
| 699 | 738 | 756 | -307 | 542 | 550 | |
| 66 | 66 | 64 | 64 | 72 | 88 | |
| – | – | 3.4% | -69.9% | -7.3% | -0.5% | |
| 8.6% | 17.0% | 8.1% | 355.2% | -29.8% | -7.3% |
Cash flow
| In millions of USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| 119 | 203 | 127 | -94 | 58 | 181 | |
| – | – | 28 | 31 | 14 | 16 | |
| – | – | 98 | -125 | 44 | 165 | |
| Dividends paid | – | – | – | – | – | – |
| 71 | 130 | 50 | 0 | 0 | – | |
| 53 | 51 | 39 | 40 | 68 | 58 |
Valuation
- –
- 51.8×
- –
- 23.2×
- 10.2×
- 64.7×
- 278.4×
- 1.5%
- -0.4%
- 0.0%
Profitability
- 51.6%
- 11.7%
- -3.8%
- 16.4%
- 11.1%
- -20.4%
- -7.2%
- -2.9%
- 11.2%
- 18.7%
Growth
- +12.0%
- –
- +264.8%
- –
- +8.1%
Financial health
- 1.7×
- 0.89
- 34.8%
- 3.2×
- 2.37
- 1.67
- 0.74
How it ranks in Technology
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 34%of 977
Top 39%of 977
Top 41%of 982
Bottom 43%of 984
What analysts expect
- Average price target
- $87.44
- Range
- $67.00 – $110.00
- 3 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 16, 2026 | 0.44 | 0.43 | +2.3% |
| Nov 24, 2025 | 0.48 | 0.44 | +7.9% |
| Aug 25, 2025 | 0.41 | 0.40 | +2.5% |
| May 27, 2025 | 0.38 | 0.37 | +2.5% |
| Mar 13, 2025 | 0.40 | 0.32 | +25.0% |
| Nov 25, 2024 | 0.26 | 0.23 | +13.0% |
| Aug 27, 2024 | 0.11 | 0.10 | +10.0% |
| Jun 5, 2024 | 0.06 | -0.17 | +135.3% |
News
Semtech rises as it boosts Q3 guidance, offers up 2030 outlook; Northland upgradesSeeking Alpha · Oct 16, 2026Semtech declines 10% amid analyst daySeeking Alpha · Oct 15, 2026Semtech retreats 10%, adds to recent retreat amid tech pullbackSeeking Alpha · Oct 12, 2026Astera Labs, Semtech downgraded by Northland Capital on risk-rewardSeeking Alpha · Oct 9, 2026Seaport starts bullish on Marvell, Semtech, and On SemiSeeking Alpha · Sep 23, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
23No pass
Benjamin Graham
29No pass
Philip Fisher
33No pass
Peter Lynch
42No pass
Joel Greenblatt
9No pass
Charlie Munger
30No pass
Terry Smith
31No pass
Questions about Semtech
Is Semtech a good stock to buy?
A business with weak numbers that is not profitable yet. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Semtech AI analysis
What does Semtech do?
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. It is in Semiconductors, based in Camarillo, CA, United States, with 1,920 employees.
Does Semtech pay a dividend?
No. Semtech does not pay a dividend at the moment.
Is Semtech stock halal?
Yes. Semtech passes our halal screen: its business is permitted and its debt is 5% of its market value, under the 30% limit. How we check
How has Semtech stock done over the past year?
Up 69.5% over the past twelve months, to $114.59. It traded between $62.57 and $197.20 and is 41.9% below its high.
Who are Semtech's competitors?
The largest listed companies in the same industry are Nvidia, TSMC, Broadcom and Micron Technology. The peers table on this page compares their profit, growth and price with Semtech's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.