Lattice Semiconductor (NASDAQ:LSCC) Issues Q3 2026 Earnings Guidance

Lattice Semiconductor (NASDAQ:LSCC) issued an update on its third quarter 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 0.540-0.580 for the period, compared to the consensus EPS estimate of 0.430. The company issued revenue guidance of $210.0 million-$230.0 million, compared to the consensus revenue estimate of $192.8 million.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on LSCC shares. KeyCorp boosted their target price on shares of Lattice Semiconductor from $125.00 to $165.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 5th. TD Cowen lifted their price target on Lattice Semiconductor from $145.00 to $165.00 and gave the company a “buy” rating in a research note on Monday, July 13th. Wall Street Zen lowered Lattice Semiconductor from a “strong-buy” rating to a “buy” rating in a report on Monday, July 20th. Zacks Research downgraded Lattice Semiconductor from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 6th. Finally, Stifel Nicolaus lifted their price objective on shares of Lattice Semiconductor from $130.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.29.

Lattice Semiconductor Stock Performance

LSCC stock traded up $10.82 during mid-day trading on Tuesday, hitting $138.00. The company had a trading volume of 3,523,576 shares, compared to its average volume of 2,045,997. The firm has a market cap of $18.91 billion, a PE ratio of 985.78, a price-to-earnings-growth ratio of 3.07 and a beta of 1.81. Lattice Semiconductor has a 12 month low of $53.06 and a 12 month high of $157.01. The stock’s fifty day moving average price is $138.76 and its two-hundred day moving average price is $114.59.

Lattice Semiconductor (NASDAQ:LSCC) last released its earnings results on Tuesday, August 4th. The semiconductor company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.44 by $0.09. Lattice Semiconductor had a net margin of 3.46% and a return on equity of 8.48%. The firm had revenue of $201.08 million during the quarter, compared to the consensus estimate of $185.50 million. Lattice Semiconductor has set its Q3 2026 guidance at 0.540-0.580 EPS. Equities analysts anticipate that Lattice Semiconductor will post 1.02 earnings per share for the current year.

Insider Transactions at Lattice Semiconductor

In other Lattice Semiconductor news, SVP Pravin Desale sold 2,039 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $142.89, for a total transaction of $291,352.71. Following the sale, the senior vice president directly owned 73,519 shares of the company’s stock, valued at $10,505,129.91. This represents a 2.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director James P. Lederer sold 6,101 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $153.94, for a total transaction of $939,187.94. Following the transaction, the director owned 41,201 shares of the company’s stock, valued at $6,342,481.94. This represents a 12.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 14,080 shares of company stock worth $2,045,078 over the last quarter. 0.62% of the stock is currently owned by corporate insiders.

Trending Headlines about Lattice Semiconductor

Here are the key news stories impacting Lattice Semiconductor this week:

• Positive Sentiment: Record revenue and earnings beat: Fiscal Q2 2026 revenue reached $201.1 million, up 62.2% year over year and 17.7% sequentially, exceeding the $185.5 million consensus estimate. Non-GAAP EPS was $0.53 versus expectations of $0.44. Gross margin was a robust 70.3%, while operating cash flow reached $88.3 million. Lattice Semiconductor reports record Q2 revenue of $201.1 million
• Positive Sentiment: Strong third-quarter outlook: Lattice guided for Q3 EPS of $0.54–$0.58, compared with the $0.43 analyst consensus. FPGA revenue is expected at $210 million–$230 million, above the $192.8 million consensus revenue estimate, while total revenue including approximately two months of AMI contribution is projected at $245 million–$265 million. Lattice Semiconductor earnings press release
• Positive Sentiment: AMI acquisition completed: The $1.65 billion acquisition of AMI has closed, providing an additional near-term revenue stream and potentially strengthening Lattice’s position in data-center and connectivity applications. Rosenblatt Securities reaffirmed its “buy” rating and set a $175 price target. Rosenblatt Securities rating
• Neutral Sentiment: Institutional positioning is mixed: In the latest quarter, 277 institutions added LSCC shares while 179 reduced holdings. Buying by Citadel, AllianceBernstein and Jane Street was offset by sizable reductions from T. Rowe Price, Point72 and Franklin Resources.
• Negative Sentiment: Insider selling remains a risk: Company insiders reported 57 open-market sales and no purchases during the past six months. Although these transactions may reflect compensation or diversification, the absence of insider buying could temper investor confidence, particularly given LSCC’s elevated valuation.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. iSAM Funds UK Ltd bought a new stake in shares of Lattice Semiconductor during the 3rd quarter valued at $25,000. Smartleaf Asset Management LLC grew its holdings in Lattice Semiconductor by 462.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 394 shares of the semiconductor company’s stock valued at $29,000 after buying an additional 324 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Lattice Semiconductor during the 3rd quarter valued at about $31,000. Advisory Services Network LLC bought a new stake in shares of Lattice Semiconductor during the third quarter valued at about $34,000. Finally, State of Wyoming bought a new stake in shares of Lattice Semiconductor during the second quarter valued at about $51,000. 98.08% of the stock is currently owned by hedge funds and other institutional investors.

Lattice Semiconductor Company Profile

Lattice Semiconductor Corporation is a U.S.-based semiconductor company specializing in low-power, small-footprint programmable logic devices. The company’s product portfolio centers on field-programmable gate arrays (FPGAs), programmable logic devices (PLDs) and related intellectual property cores that enable customers to implement custom digital functions in applications where energy efficiency and compact size are critical. Lattice’s solutions are widely used to accelerate edge computing, support video and sensor interfaces, and provide flexible I/O connectivity across a variety of end markets.

The company offers a range of FPGA families, including the iCE40 series for ultra-low power mobile and consumer applications, the MachXO series for embedded control and security, and the ECP5 series for midrange performance in communications, industrial automation and automotive domains.