Stock Track | Semtech Soars 5.63% in Pre-Market on Strong Q1 Earnings and Upbeat Guidance

Stock Track06-02

Semtech's stock surged 5.63% in pre-market trading, continuing its positive momentum driven by the company's impressive first fiscal quarter results and optimistic outlook.

The semiconductor company reported adjusted earnings per share of $0.51, significantly beating the consensus estimate of $0.45 and representing a 34.21% year-over-year increase. Revenue also exceeded expectations at $291 million compared to the anticipated $283 million, marking 12.9% year-over-year growth. Notably, the data center segment achieved record revenue of $71.6 million, surging 39% year-on-year due to accelerating momentum in its AI optical business.

Further boosting investor confidence, Semtech provided strong second-quarter guidance, projecting adjusted EPS between $0.59 and $0.63 versus the analyst estimate of $0.51, and revenue in the range of $323 million to $333 million compared to the expected $301 million. The bullish sentiment was reinforced by Morgan Stanley raising its price target from $155 to $175, citing the potential for the data center business to nearly double year-over-year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1144818658?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-02 17:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1144818658","market":"us","top_or_hot":-1,"title":"Stock Track | Semtech Soars 5.63% in Pre-Market on Strong Q1 Earnings and Upbeat Guidance","media":"Stock Track","content":"<p>Semtech's stock surged 5.63% in pre-market trading, continuing its positive momentum driven by the company's impressive first fiscal quarter results and optimistic outlook.</p><p>The semiconductor company reported adjusted earnings per share of $0.51, significantly beating the consensus estimate of $0.45 and representing a 34.21% year-over-year increase. Revenue also exceeded expectations at $291 million compared to the anticipated $283 million, marking 12.9% year-over-year growth. Notably, the data center segment achieved record revenue of $71.6 million, surging 39% year-on-year due to accelerating momentum in its AI optical business.</p><p>Further boosting investor confidence, Semtech provided strong second-quarter guidance, projecting adjusted EPS between $0.59 and $0.63 versus the analyst estimate of $0.51, and revenue in the range of $323 million to $333 million compared to the expected $301 million. The bullish sentiment was reinforced by Morgan Stanley raising its price target from $155 to $175, citing the potential for the data center business to nearly double year-over-year.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Semtech Soars 5.63% in Pre-Market on Strong Q1 Earnings and Upbeat Guidance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Semtech Soars 5.63% in Pre-Market on Strong Q1 Earnings and Upbeat Guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2026-06-02 17:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Semtech's stock surged 5.63% in pre-market trading, continuing its positive momentum driven by the company's impressive first fiscal quarter results and optimistic outlook.</p><p>The semiconductor company reported adjusted earnings per share of $0.51, significantly beating the consensus estimate of $0.45 and representing a 34.21% year-over-year increase. Revenue also exceeded expectations at $291 million compared to the anticipated $283 million, marking 12.9% year-over-year growth. Notably, the data center segment achieved record revenue of $71.6 million, surging 39% year-on-year due to accelerating momentum in its AI optical business.</p><p>Further boosting investor confidence, Semtech provided strong second-quarter guidance, projecting adjusted EPS between $0.59 and $0.63 versus the analyst estimate of $0.51, and revenue in the range of $323 million to $333 million compared to the expected $301 million. The bullish sentiment was reinforced by Morgan Stanley raising its price target from $155 to $175, citing the potential for the data center business to nearly double year-over-year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SMTC","symbol_name":"先科电子","start_time":0,"source_url":"","article_id":"1144818658","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1144818658","pubTimestamp":1780393960,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Semtech's stock surged 5.63% in pre-market trading, continuing its positive momentum driven by the company's impressive first fiscal quarter results and optimistic outlook.The semiconductor company...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SMTC":"先科电子"},"translate_title":"个股追踪|Semtech盘前飙升5.63%，得益于强劲的Q1盈利和乐观的指引","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SMTC":1},"content_text":"Semtech's stock surged 5.63% in pre-market trading, continuing its positive momentum driven by the company's impressive first fiscal quarter results and optimistic outlook.The semiconductor company reported adjusted earnings per share of $0.51, significantly beating the consensus estimate of $0.45 and representing a 34.21% year-over-year increase. Revenue also exceeded expectations at $291 million compared to the anticipated $283 million, marking 12.9% year-over-year growth. Notably, the data center segment achieved record revenue of $71.6 million, surging 39% year-on-year due to accelerating momentum in its AI optical business.Further boosting investor confidence, Semtech provided strong second-quarter guidance, projecting adjusted EPS between $0.59 and $0.63 versus the analyst estimate of $0.51, and revenue in the range of $323 million to $333 million compared to the expected $301 million. The bullish sentiment was reinforced by Morgan Stanley raising its price target from $155 to $175, citing the potential for the data center business to nearly double year-over-year.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1144818658","isCrawlerRequest":true}