SMTC · Semtech Corp

Track SMTC — free

$142.47 +1.67 (+1.19%)

Market Cap

$13.12B

93.15M

Up next

Next earnings call

Nov 24, 2026 Est · unconfirmed · in 13 wks

FQ3-27 quarter ends

~Oct 31, 2026 Est

Latest filing: 10-Q

filed Aug 26, 2026

Equibles Rating

blended score · not investment advice

Overall

Buy

SellHoldBuy

Technical Buy Momentum Very Strong Sentiment Bullish Fundamentals Excellent Quant / Vol Very High

Market backdrop VIX 15.2 · calm Equity put/call 0.64

Technical

price trend

Buy

50 / 200-day cross No cross

Price vs 200-day avg +34%

above

Price vs 50-day avg +3%

above

RSI (14) 55

neutral

MACD trend Positive

52-week position 71%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Very Strong

1-month return +36%

trailing

6-month return +62%

trailing

YTD return +91%

this year

Relative strength +49%

vs S&P · 6-mo

Sentiment

smart money

Bullish

Trend (MA cross) No cross

50d $136 › 200d $105 — 50d above 200d

Institutional flow Accumulating

+31% holders QoQ · +197 funds added

Insider flow Distributing

Net -$2.7M over 90 days · 100% sells

Short interest Falling

7.74% of float · ▼ -1.4% MoM · 3.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

578 holders — near 3-yr high, broad support

Squeeze score 74

high risk · 0–100

Fundamentals

Excellent

Revenue growth +15%

Y/Y

Gross margin 52%

expanding

EPS growth +80%

Y/Y

Free cash flow $171.4M

Buyback $209.4M

remaining

Balance sheet $296.1M

net debt

Quant / Vol

risk profile

Very High

Volatility 74%

annualized · 1-yr

Max drawdown −41%

past year

ATR 8.3%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record

what management promised — and delivered

Beat or met 3 of last 3

Latest guidance · from the 8-K filed Aug 25, 2026

Adjusted normalized tax rate · Third Quarter of Fiscal Year 2027 Non-GAAP Initiated 18%

Prior guidance period ended · from the 8-K filed May 27, 2025

Adjusted interest and other expense, net · Q2 $5.5M

Adjusted normalized tax rate · Q2 15%

Guided vs delivered · last 3 settled

Net sales Q3 2024

guided $190M – $210M

guided $190M – $210M $200.9M In line

Net revenues Q1 fiscal year '24

guided $230M – $240M

guided $230M – $240M $236.54M In line

Net revenues Q4 fiscal year 2023

guided $145M – $155M

guided $145M – $155M $167.51M Beat +11.7%

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Buy

0 · 4 · 3

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+34% Bullish

Price vs 50-day avg

+3% Bullish

RSI (14)

55 Neutral

MACD trend

Positive Bullish

52-week position

71% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bullish · 3 of 6

Trend (MA cross) No cross

50d $136 › 200d $105 — 50d above 200d

Institutional flow Accumulating

+31% holders QoQ · +197 funds added

Insider flow Distributing

Net -$2.7M over 90 days · 100% sells

Short interest Falling

7.74% of float · ▼ -1.4% MoM · 3.7 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

578 holders — near 3-yr high, broad support

Price context

position in its 52-week range

Range low $58 Now $141 · 71% Range high $175

vs 200-day avg +34% vs 50-day avg +3%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from written earnings releases and filings

Metric	Latest	Period	YoY
Adjusted diluted earnings per share (Non-GAAP) non-GAAP	$0.71	Q2'27	—

GAAP → non-GAAP reconciliation GAAP Diluted earnings (loss) per share (GAAP) $1.59 -$0.88 Adjustments per above = Adjusted diluted earnings per share (Non-GAAP) $0.71
Adjusted EBITDA non-GAAP	$91.1M	Q2'27	—

Adjusted EBITDA margin non-GAAP	26.6%	Q2'27	—

Adjusted gross margin non-GAAP	54.5%	Q2'27	—

Adjusted gross margin, excluding business held for sale (Non-GAAP) non-GAAP	59.7%	Q2'27	—
Adjusted net income (Non-GAAP) non-GAAP	$69.5M	Q2'27	—

GAAP → non-GAAP reconciliation GAAP Net income (loss) (GAAP) 160.1M +23.8M Share-based compensation +2.3M Intangible amortization +0.7M Transaction and integration related costs, net -0.3M Restructuring and other reserves, net +1.3M Litigation costs, net +0M Investment gains, net +1.1M Amortization of deferred financing costs +0.2M Write-off of deferred financing costs +0M Interest rate swap termination +0M Goodwill impairment -115.6M Associated tax effect -4.1M Equity method (income) loss = Adjusted net income (Non-GAAP) 69.5M
Adjusted operating expenses, net (Non-GAAP) non-GAAP	$102.8M	Q2'27	—

GAAP → non-GAAP reconciliation GAAP Operating expenses, net (GAAP) 128M -23.1M Share-based compensation -0.4M Intangible amortization -0.7M Transaction and integration related costs, net +0.3M Restructuring and other reserves, net -1.3M Litigation costs, net +0M Goodwill impairment = Adjusted operating expenses, net (Non-GAAP) 102.8M
Adjusted operating income (Non-GAAP) non-GAAP	$83.6M	Q2'27	—

GAAP → non-GAAP reconciliation GAAP Operating income (loss) (GAAP) 55.8M +23.8M Share-based compensation +2.3M Intangible amortization +0.7M Transaction and integration related costs, net -0.3M Restructuring and other reserves, net +1.3M Litigation costs, net +0M Goodwill impairment = Adjusted operating income (Non-GAAP) 83.6M
Adjusted operating margin non-GAAP	24.4%	Q2'27	—

Adjusted product development and engineering (Non-GAAP) non-GAAP	$56.1M	Q2'27	—

GAAP → non-GAAP reconciliation GAAP Product development and engineering (GAAP) 60.6M -4.5M Share-based compensation = Adjusted product development and engineering (Non-GAAP) 56.1M
Adjusted selling, general and administrative (Non-GAAP) non-GAAP	$46.7M	Q2'27	—

GAAP → non-GAAP reconciliation GAAP Selling, general and administrative (GAAP) 67.3M -18.7M Share-based compensation -0.7M Transaction and integration related costs, net -1.3M Litigation costs, net = Adjusted selling, general and administrative (Non-GAAP) 46.7M
Free cash flow non-GAAP	$61.4M	Q2'27	—

GAAP → non-GAAP reconciliation GAAP Net cash provided by operating activities 68.9M -7.5M Net capital expenditures = Free cash flow 61.4M
Net capital expenditures	-8.2M	Q1'27	—
Operating cash flow	$61.5M	Q4 FY2026	—
Segment gross margin	67.4%	Q4'26	—
Segment gross margin - Analog Mixed Signal and Wireless	58.9%	FY'26	—
Segment gross margin - IoT Systems and Connectivity	35.5%	FY'26	—
Segment gross margin - Signal Integrity	65.2%	FY'26	—
Segment gross margin - Total Semiconductor Products	61.8%	FY'26	—

Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

Versus peers

Semiconductors — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
SMTC Semtech Corp this stock	$13.12B	+91.1%	+15.5%	—	7.7%
NVDA Nvidia Corp	$5.11T	+12.4%	+65.5%	26.8	1.2%
TSM Taiwan Semiconductor Manufacturing Co Ltd	$2.17T	+37.4%	—	—	0.6%
AVGO Broadcom Inc.	$1.69T	+2.7%	+18.2%	59.2	1.2%
SKHY SK hynix Inc.	$1.12T	—	—	—	0.4%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

578

% held: 106.9%
Net QoQ: -2.4M sh
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

468

View

Short & Settlement

Short Interest Falling

Shares short

7.2M

Days to cover: 3.7d
Change: -102.8K sh

View

Short Volume

Short vol %

48%

As of: Aug 27, 2026

Short Total

View

Fails to Deliver

FTD shares

1.4K

Value: $181.8K
As of: Jul 17, 2026

View

Off-Exchange

Off-exchange %

37.0%

Week of: Jul 20, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$2.7M

Buyers / Sellers: 0 / 3

Buyers Sellers

View

Congressional Trades Sell

Member

Gilbert Cisneros

Amount: $1.0K–$15.0K
Traded: Jun 30, 2026

View

Financials

Revenue (FY)

$1.0B

Net income (FY): $-40.4M
EPS diluted: $-0.46

View

Buybacks

Remaining

$209.4M

View

Filings

SEC Filings

Latest

10-Q

Filed: Aug 26, 2026
This year: 10

View

Proposed Sales

Value

$280.0K

Shares: 2.0K
Filed: Aug 7, 2026

View

Earnings & Events

Earnings Calls

Last call

Aug 25, 2026

View

Performance

	5D	20D	120D	MTD	YTD
SMTC	+12.3%	+36.0%	+61.7%	+19.5%	+91.1%
SPY	-0.4%	+5.0%	+12.4%	+2.6%	+12.3%
vs SPY	+12.7%	+31.0%	+49.3%	+17.0%	+78.7%

Capital returns

Buyback program · as of Jul 26, 2026

Authorized

—

Spent (derived)

—

Remaining

$209.40M

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 88941 CUSIP 816850101 13F (30d) 484 filings 481 filers Visit website Investor relations

SMTC · Semtech Corp

Price & Indicators

Up next

Equibles Rating

Guidance & track record

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns