Back to News
Nov 25, 2025 12:50 PM

Semtech Analysts Boost Their Forecasts After Q3 Earnings

Semtech Corp (NASDAQ:SMTC) reported mixed financial results for the third quarter of fiscal 2026 on Monday.

Semtech reported third-quarter revenue of $267 million, missing analyst estimates of $268.83 million. The company reported third-quarter adjusted earnings of 48 cents per share, beating estimates of 45 cents per share, according to Benzinga Pro.

"As power constraints intensify for our customers, we believe we are positioned to lead with ultra-power-efficient solutions spanning high-bandwidth data center networking, LoRa connectivity for rapidly expanding IoT use cases, and sensing technologies that enhance the functionality of next-generation AI interfaces," said Hong Hou, president and CEO of Semtech.

Semtech expects fourth-quarter ...