On 8/13/24, Semtech Corp (NASDAQ: SMTC) stock enjoyed a major increase of 10.8%, closing at $33.34. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 19.1% during the last week.
Current PriceTarget Research Rating
SMTC's future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Semtech is currently unrated.
Rating Review
The stock is currently unrated.