Lattice Semiconductor Corp.

Lattice Semiconductor Corp.

LSCC

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Market Cap$17.82B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Lattice Semiconductor Corp.Lattice Semiconductor Corp.491.6-5%32.1-

Earnings Call Q1 2026

May 4, 2026 - AI Summary

Q1/early 2026 performance strongly exceeded expectations (good) - Revenue: $170.9M, +42% YoY and +17% QoQ. - Compute & communications: +86% YoY, +15% QoQ; record quarter. - Industrial & embedded (includes former consumer): +21% QoQ. - Non-GAAP profitability: EPS $0.41, +80%+ YoY (management also said EPS > guidance high end). - Non-GAAP gross margin ~70% (slightly better than expected); operating leverage: non-GAAP operating margin 34.4% (+370 bps QoQ).
Forward guidance for Q2 is upbeat with strong YoY growth (good) - Revenue guidance: $185M midpoint (range implied), ~50% YoY growth. - EPS guidance (non-GAAP): midpoint $0.44, about +80% YoY growth. - Gross margin: ~70% ±1%; OpEx: $64M–$67M (R&D-driven investments). - Tax rate (non-GAAP): 4%–6%. - Company framed this as continuing momentum with strong bookings/backlog visibility.
Demand/visibility and inventory improved, but supply constraints are a real headwind (good + challenge) - Backlog: build extends well into 2027; accelerated bookings. - Channel inventory: reduced from ~3 months last quarter to ~2 months, with expectation to go under 2 months in Q2. - Supply: management said supply is in good shape but straining (cost and lead times pressure). - They expect continued cost pressure in 2H, which may affect margin dynamics even though guidance remains ~69.5%–70% range.

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$154.23

Target Price by Analysts

20.1% upsideLattice Semiconductor Target Price DetailsTarget Price
$13.01

Current Fair Value

89.9% downside

Overvalued by 89.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$17.82 Billion
Enterprise Value$17.64 Billion
Dividend Yield$- (-)
Earnings per Share$0.02
Beta1.78
Outstanding Shares136,932,000

Return

Return on Equity4.61%ROE
Return on Assets3.72%
Return on Invested Capital5.37%

Valuation & Multiples

P/E Ratio491.61P/E Ratio
PEG87.08PEG
Price to Sales32.11Price to Sales
Price to Book Ratio25.69Price to Book Ratio
Enterprise Value to Revenue27.09
Enterprise Value to EBIT395.26
Enterprise Value to Net Income485
Total Debt to Enterprise0
Debt to Equity0Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
August 4, 2026
EPS Estimate
$0.44
Average shareholder expectation
Revenue Estimate
$185.50 M
Average shareholder expectation

Next Earnings Call

Expected Date
November 2, 2026
EPS Estimate
$0.55
Average shareholder expectation
Revenue Estimate
$255.13 M
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.1409 6.49%
Total Calls74,500 93.52%
Total Puts10,500 88.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %26.06% 79.30%
Total Invested$5.42B 59.33%
Investors Holding280 222.00%

ESG Score

No data

About Lattice Semiconductor Corp.

CEO: James Anderson