MarketBeat cites USD 213.11 target for Semtech stock

Published on 10/24/2026 at 21:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Data-center revenue rose 91.00 percent to USD 100.00 million in fiscal second quarter 2027. Semtech stock last traded at USD 132.00 on October 23, 2026.

Consensus target and operating growth

MarketBeat reported a USD 213.11 consensus price target on October 23, 2026.
Semtech data-center revenue reached USD 100.00 million in fiscal second quarter 2027, up 91.00 percent year over year.
Semtech stock last traded at USD 132.00 on Nasdaq on October 23, 2026 at 4:00 p.m. ET.

SMTC, US8168501018, Illustration mit AI erstellt.

Semtech stock (ISIN US8168501018) is covered by a USD 213.11 consensus price target cited by MarketBeat on October 23, 2026. The figure gives investors a fresh valuation marker after a volatile month for the semiconductor company. On Nasdaq, Semtech last traded at USD 132.00 on October 23, 2026 at 4:00 p.m. ET.

Data-center revenue reaches USD 100.00 million

The operating picture remains tied to connectivity demand. Zacks reported that data-center revenue reached USD 100.00 million in fiscal second quarter 2027, up 39.00 percent sequentially and 91.00 percent year over year. The same period produced USD 58.00 million in LoRa-enabled net sales, an increase of 31.00 percent sequentially and 58.00 percent year over year.

USD 60.28 to USD 201.99 yearly range

Semtech's Nasdaq quote had a 52-week range of USD 60.28 to USD 201.99 as of October 23, 2026. Its market capitalization was USD 12.3 billion, while the trailing price-to-earnings ratio stood at 87.57. These figures place the current USD 132.00 quote below the yearly high and above the yearly low.

What does the USD 213.11 target imply?

The consensus target is higher than the October 23 Nasdaq quote, but the gap reflects a range of individual research views rather than a single forecast. MarketBeat listed Stifel's October 16 target cut from USD 220.00 to USD 200.00, while BMO Capital Markets raised its target from USD 155.00 to USD 230.00 on October 13, 2026. The differing targets underline the valuation sensitivity around Semtech's growth profile.

Next reporting details

Semtech identified fiscal second quarter 2027 as its latest quarterly reporting period and listed USD 341.90 million in net sales, non-GAAP gross margin of 54.50 percent and non-GAAP operating margin of 24.40 percent. The investor-relations page also identifies Nasdaq as the company's exchange and SMTC as its ticker.

Semtech stock stays tied to growth data

The combination of USD 100.00 million in data-center revenue and the USD 213.11 consensus target leaves operating execution as the central valuation variable. The next reported period will show whether connectivity demand continues to support the revenue mix.

The last available euro quote came from Frankfurt at EUR 112.95 on October 23, 2026.