UBS reiterates USD 230 target for Semtech stock

Published on 10/27/2026 at 20:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 32.70 percent to USD 341.90 million. Semtech stock costs EUR 130.28 on October 27, 2026, up 5.58 percent versus Xetra close.

Analyst target and earnings date

UBS reiterated a USD 230.00 target for Semtech on October 26, 2026.
Fiscal second-quarter revenue reached USD 341.90 million, versus USD 257.60 million a year earlier.
Semtech stock costs EUR 130.28 at Lang & Schwarz on October 27, 2026 at 8:18 p.m. CEST, 5.58 percent above the Xetra close of October 26, 2026.
Semtech is expected to report fiscal third-quarter results on November 23, 2026.

SMTC, US8168501018, Illustration mit AI erstellt.

Semtech Corporation (ISIN US8168501018) was assigned a USD 230.00 price target by UBS on October 26, 2026, according to The Globe and Mail. At Lang & Schwarz, the stock was trading at EUR 130.28 on October 27, 2026 at 8:18 p.m. CEST, up 5.58 percent versus the Xetra close of October 26, 2026 at EUR 123.40.

Revenue reaches USD 341.90 million

Semtech reported fiscal second-quarter 2027 net sales of USD 341.90 million, compared with USD 257.60 million in fiscal second-quarter 2026. Semtech also reported a GAAP gross margin of 53.80 percent, up from 52.10 percent, while adjusted operating margin reached 24.40 percent versus 18.80 percent a year earlier.

GAAP net income was USD 160.10 million, compared with a USD 27.10 million loss in fiscal second-quarter 2026. The result included a USD 101.40 million income-tax benefit, so the headline profit comparison requires that one-off item to be kept in view.

Stock remains below its yearly high

The Nasdaq-listed stock last traded at USD 144.96 on October 27, 2026 at 3:22 p.m. ET. Its market capitalization was USD 13.5 billion, its price-to-earnings ratio was 96.24, and its 52-week range was USD 60.28 to USD 201.99. The USD 144.96 quote stood 28.23 percent below the 52-week high.

The euro quotation moved on a different venue and currency basis. The Lang & Schwarz price of EUR 130.28 is the figure relevant for the German investor perspective, while the Nasdaq quotation provides the home-market valuation context.

Valuation and November 23 date

UBS placed its USD 230.00 target 58.66 percent above the USD 144.96 Nasdaq quotation on October 27, 2026. The target is an analyst view, not a forecast made by this article.

Management's fiscal third-quarter 2027 guidance was reported at USD 410.00 million in net sales, plus or minus USD 5.00 million, according to Trefis. MarketBeat estimates that Semtech will report fiscal third-quarter results on November 23, 2026, after the market closes.

Price and earnings in view

The current quotation puts the analyst target, the latest operating figures and the next reporting date in one frame. Semtech's fiscal second-quarter adjusted operating margin of 24.40 percent was 5.60 percentage points above the year-earlier level, while the stock remained 28.23 percent below its 52-week high.

Trading remains active after Xetra

Semtech was trading at EUR 130.28 at Lang & Schwarz on October 27, 2026 at 8:18 p.m. CEST, 5.58 percent above the Xetra close of October 26, 2026 at EUR 123.40. The further course of trading is shown by the continuously updated real-time quote of Semtech stock.