Semtech Analysts Raise Their Forecasts After Upbeat Earnings
Semtech Analysts Raise Their Forecasts After Upbeat Earnings
Semtech shares gained 5% to close at $53.44 on Monday.Semtech Corporation (NASDAQ:SMTC) reported better-than-expected third-quarter financial results and issued fourth-quarter guidance with its midpoint above estimates.
先科電子公司（納斯達克：SMTC）公佈了好於預期的第三季度財務業績，併發布了第四季度指引，其中位數超出預期。
Semtech reported quarterly earnings of 26 cents per share which beat the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $236.80 million which beat the analyst consensus estimate of $232.06 million.
先科電子報告的季度每股收益爲26美分，超出分析師一致預期的23美分。公司報告的季度銷售額爲23680萬美元，亦高於分析師一致預期的23206萬美元。
"We are very pleased to report broad-based growth across each of our end markets, and particularly in data center, where we project AI-driven product demand to be a long-term and transformational growth engine for Semtech. Our results validate that our customers and target markets are moving toward us and highlight the effectiveness of our initiatives to drive market share gain and SAM expansion," said Hong Hou, Semtech's president and chief executive officer. "I believe we have achieved multi-generational roadmap alignment with customers and aspire to become the partner of choice for key technical and product solutions we provide."
「我們非常高興報告在每個終端市場都實現了廣泛增長，特別是在數據中心領域，我們預計基於人工智能驅動的產品需求將成爲Semtech的長期和變革性增長引擎。我們的業績驗證了客戶和目標市場正在向我們靠攏，並凸顯了我們推動市場份額增長和SAm擴展的舉措的有效性，」Semtech的總裁兼首席執行官洪厚表示。 「我相信我們已實現了與客戶的多代路線圖對齊，並立志成爲我們提供的關鍵技術和產品解決方案的首選合作伙伴。」
Semtech shares gained 5% to close at $53.44 on Monday.
先科電子的股票在週一上漲了5%，收於53.44美元。
These analysts made changes to their price targets on Semtech following earnings announcement.
這些分析師在先科電子公佈收益後調整了他們的目標價。
- Needham analyst Quinn Bolton reiterated Semtech with a Buy and raised the price target from $50 to $70.
- Northland Capital Markets analyst Gus Richard maintained the stock with an Outperform and raised the price target from $46 to $60.
- Piper Sandler analyst Harsh Kumar reiterated Semtech with an Overweight and raised the price target from $60 to $75.
- Stifel analyst Tore Svanberg maintained the stock with a Buy and boosted the price target from $58 to $65.
- Needham分析師Quinn Bolton重申了對先科電子的買入評級，並將目標價從50美元上調至70美元。
- Northland 資本市場分析師Gus Richard維持該股票的跑贏大盤評級，並將目標價從46美元上調至60美元。
- 派傑投資分析師Harsh Kumar重申了對先科電子的超配評級，並將目標價從60美元上調至75美元。
- Stifel分析師Tore Svanberg維持股票的買入評級，並將目標價從58美元提高到65美元。
Considering buying SMTC stock? Here's what analysts think:
考慮購買SMTC股票？以下是分析師的看法：
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譯文內容由第三人軟體翻譯。
