Lattice Semiconductor’s (LSCC) Buy Rating Reaffirmed at Needham & Company LLC

Lattice Semiconductor (NASDAQ:LSCC)‘s stock had its “buy” rating reiterated by research analysts at Needham & Company LLC in a research note issued on Tuesday,Benzinga reports. They currently have a $80.00 price target on the semiconductor company’s stock. Needham & Company LLC’s price target would indicate a potential upside of 9.86% from the stock’s previous close.

LSCC has been the subject of several other research reports. Weiss Ratings downgraded Lattice Semiconductor from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Saturday, October 25th. Rosenblatt Securities upped their price objective on Lattice Semiconductor from $72.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday. KeyCorp upped their price objective on Lattice Semiconductor from $70.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, September 30th. Stifel Nicolaus upped their price objective on Lattice Semiconductor from $60.00 to $80.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Susquehanna upped their price objective on Lattice Semiconductor from $65.00 to $85.00 and gave the company a “positive” rating in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $73.67.

Lattice Semiconductor Trading Down 0.2%

Shares of NASDAQ LSCC opened at $72.82 on Tuesday. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 316.62, a PEG ratio of 5.63 and a beta of 1.66. Lattice Semiconductor has a 12 month low of $34.69 and a 12 month high of $76.61. The stock has a 50-day moving average price of $69.93 and a two-hundred day moving average price of $58.25.

Lattice Semiconductor (NASDAQ:LSCC) last issued its earnings results on Monday, November 3rd. The semiconductor company reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. The firm had revenue of $133.35 million during the quarter, compared to the consensus estimate of $133.03 million. Lattice Semiconductor had a return on equity of 6.61% and a net margin of 6.47%.The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.24 earnings per share. Lattice Semiconductor has set its Q4 2025 guidance at 0.300-0.340 EPS. On average, sell-side analysts predict that Lattice Semiconductor will post 0.65 earnings per share for the current year.

Insider Activity at Lattice Semiconductor

In other Lattice Semiconductor news, CAO Tonya Stevens sold 3,440 shares of the stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $74.93, for a total transaction of $257,759.20. Following the transaction, the chief accounting officer directly owned 84,336 shares in the company, valued at approximately $6,319,296.48. This represents a 3.92% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Tracy Ann Feanny sold 5,965 shares of the stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $66.50, for a total value of $396,672.50. Following the transaction, the senior vice president owned 79,480 shares in the company, valued at $5,285,420. The trade was a 6.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,844 shares of company stock worth $1,852,392 over the last ninety days. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Lattice Semiconductor

A number of institutional investors and hedge funds have recently modified their holdings of LSCC. Price T Rowe Associates Inc. MD boosted its holdings in shares of Lattice Semiconductor by 24.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 7,800,552 shares of the semiconductor company’s stock worth $409,139,000 after buying an additional 1,517,395 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Lattice Semiconductor by 77.4% during the 2nd quarter. Bank of America Corp DE now owns 3,186,024 shares of the semiconductor company’s stock worth $156,083,000 after buying an additional 1,390,109 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Lattice Semiconductor by 93.2% during the 1st quarter. Invesco Ltd. now owns 2,158,092 shares of the semiconductor company’s stock worth $113,192,000 after buying an additional 1,040,804 shares in the last quarter. Norges Bank bought a new position in shares of Lattice Semiconductor during the 2nd quarter worth approximately $48,702,000. Finally, Alliancebernstein L.P. lifted its holdings in shares of Lattice Semiconductor by 146.8% in the 1st quarter. Alliancebernstein L.P. now owns 1,440,083 shares of the semiconductor company’s stock worth $75,532,000 after purchasing an additional 856,568 shares in the last quarter. 98.08% of the stock is currently owned by institutional investors.

About Lattice Semiconductor

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor products in Asia, Europe, and the Americas. The company offers field programmable gate arrays that consist of four product families, including the Lattice Certus and ECP, Mach, iCE, and CrossLink. It also provides video connectivity application specific standard products.