Semtech Corp (NASDAQ: SMTC) reported Q2 earnings & sales above expectations and issued strong Q3 guidance. Analysts raised price targets on SMTC stock.

Semtech Corporation (NASDAQ: SMTC) to report Q2 earnings on Aug. 25, analysts expect EPS of 61 cents & revenue of $328.64 million. Stock fell 0.6%.

Semtech Announces Second Quarter of Fiscal Year 2027 Results