Lattice Semiconductor (NASDAQ:LSCC) Sets New 12-Month High – Here’s Why

by · The Cerbat Gem

Shares of Lattice Semiconductor Corporation (NASDAQ:LSCC – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $128.06 and last traded at $127.7340, with a volume of 65537 shares traded. The stock had previously closed at $127.19.

Analysts Set New Price Targets

Several brokerages have recently commented on LSCC. Rosenblatt Securities raised their price objective on shares of Lattice Semiconductor from $105.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Stifel Nicolaus raised their price objective on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. TD Cowen raised their price objective on shares of Lattice Semiconductor from $125.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Susquehanna raised their price objective on shares of Lattice Semiconductor from $100.00 to $120.00 and gave the stock a “positive” rating in a research report on Wednesday, February 11th. Finally, Weiss Ratings raised shares of Lattice Semiconductor from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, April 21st. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $129.07.

Check Out Our Latest Analysis on LSCC

Lattice Semiconductor Stock Performance

The business has a fifty day moving average of $102.03 and a 200-day moving average of $86.43. The company has a market capitalization of $17.55 billion, a P/E ratio of 912.95, a PEG ratio of 3.16 and a beta of 1.76.

Lattice Semiconductor (NASDAQ:LSCC – Get Free Report) last announced its quarterly earnings data on Monday, May 4th. The semiconductor company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.36 by $0.05. Lattice Semiconductor had a return on equity of 8.48% and a net margin of 3.46%.The business had revenue of $170.90 million for the quarter, compared to analysts’ expectations of $164.93 million. During the same period in the previous year, the business posted $0.22 EPS. The firm’s quarterly revenue was up 42.2% compared to the same quarter last year. Lattice Semiconductor has set its Q2 2026 guidance at 0.420-0.460 EPS. Sell-side analysts anticipate that Lattice Semiconductor Corporation will post 1.01 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Ford Tamer sold 3,544 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $90.63, for a total value of $321,192.72. Following the sale, the chief executive officer directly owned 281,883 shares in the company, valued at approximately $25,547,056.29. The trade was a 1.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Elizabeth M. Schwarting sold 3,200 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $124.53, for a total value of $398,496.00. Following the completion of the sale, the director owned 6,636 shares in the company, valued at $826,381.08. This represents a 32.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 48,814 shares of company stock worth $4,744,524 in the last ninety days. 0.62% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Lattice Semiconductor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LSCC. Invesco Ltd. grew its holdings in Lattice Semiconductor by 177.3% during the 3rd quarter. Invesco Ltd. now owns 6,076,616 shares of the semiconductor company’s stock valued at $445,538,000 after buying an additional 3,885,482 shares in the last quarter. Capital Research Global Investors grew its holdings in Lattice Semiconductor by 66.4% during the 3rd quarter. Capital Research Global Investors now owns 4,597,217 shares of the semiconductor company’s stock valued at $337,068,000 after buying an additional 1,834,440 shares in the last quarter. William Blair Investment Management LLC purchased a new position in Lattice Semiconductor during the 3rd quarter valued at about $102,185,000. Bank of America Corp DE grew its holdings in Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock valued at $156,083,000 after buying an additional 1,390,109 shares in the last quarter. Finally, M&T Bank Corp purchased a new position in Lattice Semiconductor during the 4th quarter valued at about $85,714,000. 98.08% of the stock is currently owned by institutional investors.

About Lattice Semiconductor

(Get Free Report)

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.

Read More