Lattice Semiconductor posts record third-quarter results and raises growth outlook
On November 2, 2026, Lattice Semiconductor reported record third-quarter revenue of $291 million and non-GAAP EPS of $0.72, with revenue up 118% year over year. The company guided fourth-quarter revenue to $325M-$345M and adjusted EPS to $0.82-$0.86. Management also projected at least 60% revenue growth in 2027, citing FPGA demand from AI data centers and the AMI acquisition.
Why it matters
The guidance sets a higher near-term revenue and earnings outlook for Lattice, while the 2027 projection signals continued expansion following the AMI acquisition. Stifel raised its price target to $175 from $165 and maintained a Buy rating after the results.
Key facts
- 1Third-quarter 2026 revenue was $291,035, compared with $133,349 in the year-earlier quarter. stocktitan.net
- 2Third-quarter non-GAAP diluted EPS was $0.72. finance.yahoo.com
- 3Lattice forecast fourth-quarter revenue of $325M-$345M and adjusted EPS of $0.82-$0.86. investing.com
- 4AMI contributed $39.1 million during its first partial quarter after the acquisition. investing.com
- 5Management projected at least 60% revenue growth in 2027. finance.yahoo.com
- 6Stifel raised its price target to $175 from $165 while maintaining a Buy rating. investing.com
Summary written by AlphAI AI Desk from 12 of 12 sources. Not investment advice. Figures are as stated by the linked sources.