SMTC

Semtech's stock has seen a remarkable increase, with a 230.56% to 242.17% change over the past year. Positive analyst sentiment and price target increases followed quarterly results in March 2026. Semtech acquired HieFo Corporation for approximately $34 million in cash, adding Indium Phosphide (InP) lasers and gain chips to its data center portfolio. Semtech's stock dropped 8.4% on April 27, 2026, attributed to a pullback, investor de-risking, and broader market volatility, and there has been net insider selling over the last three months. Semtech reported its fiscal fourth-quarter results on March 16, 2026, with earnings per share of $0.44 and revenue of $274.40 million.