Stocktoria
SEMTECH CORP SMTC
SEMTECH CORP (SMTC) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the grey zone. It does not currently pay a dividend. FY2026 revenue was $1.0B at a -3.8% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.24 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2024-10-10 | Benchmark | Buy (reit) |
| 2024-10-07 | Benchmark | Buy (reit) |
| 2024-09-09 | Benchmark | Buy (reit) |
| 2024-08-28 | Roth MKM | Buy (main) |
| 2024-08-28 | Stifel | Buy (main) |
| 2024-08-28 | B. Riley Securities | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · grey zone
| Component | Value |
|---|---|
| Working capital / assets | 0.269 |
| Retained earnings / assets | -0.309 |
| EBIT / assets | 0.023 |
| Equity / liabilities | 0.639 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| SMTC | SEMTECH CORP | 7/9 | 1.58 | — | +15.5% |
| VIAV | VIAVI SOLUTIONS INC. | 5/9 | — | 355.1 | +8.4% |
| IPGP | IPG PHOTONICS CORP | 6/9 | 14.36 | 146.3 | +2.7% |
| MTSI | MACOM Technology Solutions Holdings, Inc. | 5/9 | 4.58 | — | +32.6% |
| ICHR | ICHOR HOLDINGS, LTD. | 3/9 | 4.62 | — | +11.6% |
| SEDG | SOLAREDGE TECHNOLOGIES, INC. | 6/9 | — | — | +31.4% |
| SYNA | SYNAPTICS Inc | 5/9 | 3.71 | — | +11.4% |
About SEMTECH CORP
Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe. The company operates in three segments: Signal Integrity, Analog Mixed Signal and Wireless, and IoT Systems and Connectivity. It provides signal integrity products, including a portfolio of optical and copper data communications and video transport products used in various infrastructure, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. The company also offers analog mixed signal and wireless products; protection devices, such as filter and termination devices which protect electronic systems from voltage spikes; and designs, develops, manufactures, and markets radio frequency products used in industrial, medical, and communications applications, as well as specialized sensing products. In addition, it provides switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging related products. Further, the company offers a portfolio of IoT systems and connectivity solutions, such as modules, gateways, routers, and connected services, including wireless connectivity and cloud-based services for industrial, medical, and communications applications. It serves original equipment manufacturers, solution providers, commercial applications, infrastructure, high-end consumer, and industrial end markets. The company sells its products through direct sales personnel, independent sales representative firms, and independent distributors. Semtech Corporation was incorporated in 1960 and is headquartered in Camarillo, California.
FAQ
Is SMTC financially healthy?
SEMTECH CORP's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the grey zone.
Does SMTC pay a dividend?
No, SEMTECH CORP does not currently pay a dividend.
How profitable is SMTC?
In FY2026, SEMTECH CORP had a net margin of -3.8% and a return on equity of -7.3%.
Is SMTC overvalued or undervalued?
SEMTECH CORP trades at about 145.8× trailing earnings — above its 10-year norm (10-year range 32.1×–112.7×, median 66.0×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for SMTC?
The average Wall-Street price target for SEMTECH CORP is $205.25, about 46.6% above the recent price, from 12 analysts (consensus: strong buy).
Is SMTC a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on SEMTECH CORP: a Piotroski F-score of 7/9, an Altman Z″ in the grey zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2026-01-25. Facts plus Stocktoria's own computed scores — not investment advice.