Semtech edges past estimates. Semtech Corporation (SMTC) reported Q4 2026 GAAP EPS of $0.44 versus the consensus estimate of $0.43, a beat by 2.0%. The semiconductor maker posted net income of $42 million for the quarter. The result marks a sequential match with Q3 2026’s $0.44 per share but reflects an 8.3% decline from the year-ago quarter’s $0.48. Thirteen analysts tracked the print, with estimates ranging from $0.37 to $0.51.
Revenue climbs year-over-year. The company generated $274.4 million in revenue, topping the $272.6 million consensus by 0.7%. Revenue grew 9.3% from the year-ago quarter’s $251.0 million, continuing a sequential acceleration trend from $267.0 million in Q3 2026 and $257.6 million in Q2 2026. Analyst estimates for the quarter ranged from $262.2 million to $280.0 million. Trading volume reached 1.62 million shares on the report date.
Analyst sentiment remains bullish. The consensus rating distribution shows 13 of 14 analysts in Buy or Strong Buy categories, with just one Hold rating and no Sell recommendations. This represents a slight consolidation from the prior month’s 15-analyst coverage, which included two Strong Buy ratings. The stock closed at $83.41, well above its 52-week low of $24.05 but below the $96.46 high reached earlier in the period.
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