Lattice Semiconductor (NASDAQ:LSCC) Raised to Strong-Buy at Zacks Research

Lattice Semiconductor (NASDAQ:LSCC) was upgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Tuesday, Zacks reports.

Other analysts also recently issued reports about the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Lattice Semiconductor in a research note on Thursday, October 15th. KeyCorp raised their target price on Lattice Semiconductor from $165.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Benchmark assumed coverage on Lattice Semiconductor in a research report on Tuesday, August 25th. They issued a “buy” rating and a $160.00 target price for the company. Jefferies Financial Group lifted their price target on Lattice Semiconductor from $145.00 to $175.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Royal Bank Of Canada upped their price target on Lattice Semiconductor from $140.00 to $165.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $144.77.

Lattice Semiconductor Stock Up 0.6%

Shares of NASDAQ:LSCC opened at $104.17 on Tuesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.33 and a current ratio of 3.02. The company has a market cap of $14.27 billion, a PE ratio of 400.65, a price-to-earnings-growth ratio of 1.47 and a beta of 1.83. Lattice Semiconductor has a 52 week low of $60.50 and a 52 week high of $157.01. The firm has a 50 day simple moving average of $116.10 and a 200 day simple moving average of $115.23.

Lattice Semiconductor (NASDAQ:LSCC) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 5.58% and a return on equity of 10.92%. The firm had revenue of $201.08 million during the quarter, compared to analyst estimates of $185.50 million. During the same quarter last year, the business posted $0.24 EPS. The company’s revenue was up 62.2% on a year-over-year basis. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. As a group, research analysts expect that Lattice Semiconductor will post 1.10 earnings per share for the current year.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Esam Elashmawi sold 15,742 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $134.77, for a total value of $2,121,549.34. Following the completion of the sale, the senior vice president owned 155,420 shares in the company, valued at $20,945,953.40. This represents a 9.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Tracy Feanny sold 1,880 shares of Lattice Semiconductor stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $126.43, for a total transaction of $237,688.40. Following the sale, the senior vice president directly owned 60,221 shares of the company’s stock, valued at $7,613,741.03. This trade represents a 3.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 19,661 shares of company stock valued at $2,587,259. Corporate insiders own 0.62% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

Several institutional investors and hedge funds have recently modified their holdings of LSCC. BlackRock Inc. acquired a new position in shares of Lattice Semiconductor in the second quarter worth $2,637,161,000. William Blair Investment Management LLC purchased a new stake in shares of Lattice Semiconductor during the second quarter worth $177,497,000. TimesSquare Capital Management LLC purchased a new stake in shares of Lattice Semiconductor during the second quarter worth $173,633,000. Bank of New York Mellon Corp acquired a new stake in Lattice Semiconductor during the second quarter valued at $139,705,000. Finally, Bank of America Corp DE acquired a new stake in Lattice Semiconductor during the second quarter valued at $94,740,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation (NASDAQ: LSCC) designs and develops low-power programmable semiconductor devices and related software. Its product portfolio includes field-programmable gate arrays (FPGAs), complex programmable logic devices, programmable system control solutions, and connectivity products that enable customers to configure and update electronic systems after manufacturing.

The company’s products are used in communications and networking equipment, industrial systems, automotive applications, data-center and computing hardware, consumer electronics, and aerospace and defense products.