Lumida
/SMTC
⌘K
Semtech Corp

Semtech Corp

SMTC
$167.24USD+5.10%+8.11 today

MARKET CAP

15.6B

P/E (TTM)

FWD P/E

DAY RANGE

$160 – $170

52W RANGE

$58
$177

AI Summary

Stalk
Sell NowMedium

SMTC remains in a Stage 2 advancing uptrend but the active blow-off top pattern and heavy distribution volume have flipped the medium-term bias bearish. Price has broken down below the 9/21 EMA zone and is rejecting these levels, confirming bearish momentum. With no mean-reversion support and continued short-EMA resistance, we execute a sell now at the EMA resistance zone to capture the next leg of the distribution phase.

  • Q2 revenue $342 M, up 33% YoY with data center at $100 M (+91%).
  • Adjusted EPS $0.71, up 73% YoY, driven by operational leverage.
  • Negative earnings yield and weak book-to-price metrics imply overvaluation.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2022FY 2023FY 2024FY 2025FY 2026TREND
Sales, Adj.$740.9M$756.5M$868.8M$909.3M$1.0B
YoY %+24.5%+2.1%+14.8%+4.7%+15.5%
P / Sales6.3x2.8x1.6x4.5x6.8x
EV / Sales6.4x4.8x3.4x5.3x7.5x
Gross Profit, Adj.$461.1M$478.6M$296.3M$456.5M$542.1M
YoY %+29.6%+3.8%-38.1%+54.1%+18.8%
Margin %62.2%63.3%34.1%50.2%51.6%
EV / Gross Profit10.4x7.7x9.9x10.6x14.5x
EBITDA, Adj.$175.9M$118.1M$-47.4M$105.9M$164.1M
YoY %+58.8%-32.8%-140.1%+323.5%+55.0%
Margin %23.7%15.6%-5.5%11.6%15.6%
EV / EBITDA27.1x31.1x-61.7x45.6x47.8x
EBIT$145.0M$74.5M$-944.3M$49.9M$32.6M
YoY %+112.7%-48.6%-1367.8%+105.3%-34.8%
Margin %19.6%9.8%-108.7%5.5%3.1%
EV / EBIT32.9x49.3x-3.1x96.7x240.7x
Net Income$125.7M$61.4M$-1.1B$-161.9M$-40.4M
YoY %+109.8%-51.2%-1879.1%+85.2%+75.1%
Net Margin17.0%8.1%-125.7%-17.8%-3.8%
EPS (GAAP)$1.92$0.96-$17.03-$2.26-$0.46
YoY %+111.0%-50.0%-1874.0%+86.7%+79.6%