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Semtech (SMTC) Stock Jumps 10% After Q2 Blowout and Guidance Crush

By Trader Edge at 2026-09-20 06:41

Sentiment: Negative

TLDR Semtech Q2 revenue rose 32.7% year-over-year to $341.9 million, beating the $328.67 million estimate Adjusted EPS of $0.71 topped the $0.61 estimate, up from $0.41 a year ago Q3 guidance of $405-$415 million crushed Wall Street’s $359.9 million estimate Multiple analysts raised price targets, with UBS setting the highest at $230 SMTC holds a [...] The post Semtech (SMTC) Stock Jumps 10% After Q2 Blowout and Guidance Crush appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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