Semtech Corporation
NASDAQWhy this matters: SMTC reported earnings on October 15 and the stock fell 10% to $144.21. Northland Capital Markets responded with an upgrade this morning. Short sellers had been covering aggressively into the print, and that unwind continued through the miss. Northland Capital's Gus Richard upgraded Semtech to Outperform from Market Perform, setting a…
SMTC Northland Capital upgrades to Outperform, announces $186 price target. Stock fell 10% today to $144.21 after earnings miss; short interest retreated 21% in one week to 6.2% of float.
Snapshot as of 19 Oct 2026
Why this matters: SMTC reported earnings on October 15 and the stock fell 10% to $144.21. Northland Capital Markets responded with an upgrade this morning. Short sellers had been covering aggressively into the print,…
SMTC arrives at its October 15 earnings release with the most significant single analyst move of the pre-earnings period landing on the morning before the print, and a short interest position that has collapsed nearly…
SMTC enters its October 15 earnings release with a quietly interesting setup: the analyst community has been raising targets all week, yet options markets are the most defensive they have been in months. Stifel lifted…
Semtech has clawed back the pullback flagged in last week's note and then some — up 15.5% over the past five sessions to $174.33 — yet options positioning this week flashed its most defensive reading in months,…
Semtech enters the week facing an unusual tension: a sharp 7.2% pullback that contradicts a Street firmly biased toward higher prices following a blowout earnings reaction less than a month ago. The analyst picture is…
Semtech reported on August 25 and the stock has staged a sharp post-earnings recovery — up 5.5% on the day to $127.52 — but it remains down nearly 6% on the week, and the analyst community is moving quickly to reset…
SMTC heads into its August 25 earnings print carrying a sharp divergence: options traders have turned meaningfully more defensive just as the stock drops 11.6% on the week to $124.09. The clearest signal into the print…
Short sellers have been cutting positions in SMTC at a striking pace. Short interest has dropped 23.9% over the past week to 4.6% of free float — the lowest level since late June. Yet the options market tells a…
SMTC has done what it spent the past three weeks threatening to do: it delivered an earnings print strong enough to force the entire analyst community into simultaneous target raises, leaving the stock at $164.46 with…
SMTC arrives at Monday's Q1 print having already lapped the consensus — now trading at $156.78, well above the mean analyst target of $130, after a 52% one-month rally that has forced the Street into a near-continuous…
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