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Investing.com - CFRA has raised its price target on Lattice Semiconductor (NASDAQ:LSCC) to $85.00 from $55.00 while maintaining a Hold rating on the stock. The company’s shares are currently trading at $74.96, near their 52-week high of $75.75, after posting an impressive 13% gain over the past week.
The research firm cited Lattice’s growth prospects and expectations for sharp revenue recovery in end markets as key factors behind the significant price target increase.
CFRA applied a higher revised price-to-earnings ratio of 49x its 2027 earnings per share estimate, which exceeds both peers and Lattice’s five-year historical average of 47x.
The firm maintained its earnings per share estimates of $1.05 for 2025, $1.46 for 2026, and $1.74 for 2027, while projecting 18% to 20% revenue growth in 2026 and beyond, compared to expected low-single-digit growth in 2025 and more than 30% decline in 2024.
CFRA expressed optimism about Lattice’s expanding product offerings in the small- to mid-range FPGA segments, growth prospects tied to AI in data center servers, and increasing focus on embedding its technology within edge-computing devices. For deeper insights into Lattice’s AI potential and comprehensive semiconductor sector analysis, access the detailed Pro Research Report available on InvestingPro.
In other recent news, Lattice Semiconductor has been the focus of several analyst updates following its second-quarter results. The company reported earnings that were in line with expectations and provided third-quarter guidance slightly above consensus estimates. KeyBanc reiterated an Overweight rating with a $70 price target, noting stronger performance in the Communications and Compute segments, despite some weakness in the Industrial and Automotive sectors. Stifel also maintained a Buy rating with a $60 price target, emphasizing the company’s alignment with expectations and consistent guidance.
Needham raised its price target for Lattice Semiconductor to $80, maintaining a Buy rating, after investor meetings highlighted the company’s strategy in the FPGA market. Similarly, Benchmark increased its price target to $75 from $60, reflecting confidence in Lattice’s position in low-power FPGAs and its growing exposure to AI and server markets. Benchmark also reiterated a Buy rating, citing solid execution and an upbeat management tone, with record design wins and improving inventory levels. These developments underscore the positive outlook analysts have for Lattice Semiconductor’s market strategy and performance.
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