Stifel raises Lattice Semiconductor price target on strong results
Stifel raised Lattice Semiconductor's (LSCC) price target to $175 from $165, maintaining a Buy rating after strong Q3 2026 results. Lattice reported $291.0M revenue and $0.72 EPS, beating estimates. Q4 guidance is $325M-$345M revenue and $0.82-$0.86 EPS. The company projects 60% revenue growth for 2027, exceeding consensus.
How this was made
The 30-second read
Why it matters
The earnings beat and raised price target suggest near‑term upside, but investors should monitor execution of the aggressive growth plan.
Market read
The news provides fresh, material information on LSCC that can drive short‑term price movement.
What to watch
Potential supply‑chain constraints or macro‑economic slowdown could temper growth despite strong guidance.
Background
Lattice Semiconductor (NASDAQ:LSCC) posted Q3 FY2026 results with revenue of $291M and EPS $0.72, beating estimates, and raised its FY2026 guidance.
Ticker impact
Stifel raised its price target to $175 after Lattice Semiconductor reported Q3 earnings that beat estimates and issued strong Q4 guidance.
likely upward pressure as investors price in higher earnings and guidance
Revenue and EPS both exceeded consensus, record FPGA sales and a 130% YoY growth outlook signal robust demand.
Market effects
Boosts outlook for the broader semiconductor and FPGA market, suggesting continued demand for compute and communications chips.
Positive for U.S. tech stocks, especially mid‑cap semiconductor names.
Reinforces global AI‑driven chip demand trends.
Counterpoint
If the guidance proves overly optimistic, the stock could face a pull‑back once actual results materialize.
Key entities
- AnalystStifel
Raised price target on LSCC to $175.
- CompanyLattice Semiconductor
Reported strong Q3 earnings and upbeat guidance.
