Here’s why Citi says crypto prices have been weak recently
Investing.com - Benchmark raised its price target on Lattice Semiconductor (NASDAQ:LSCC) to $75.00 from $60.00 on Thursday, while maintaining a Buy rating on the stock. The stock currently trades at $66.17, near its 52-week high of $70.55, having delivered an impressive 47.67% return over the past year. According to InvestingPro data, five analysts have recently revised their earnings estimates upward for the upcoming period.
The price target increase represents a 25% upside from the previous target, reflecting Benchmark’s confidence in Lattice’s market position in low-power FPGAs and growing exposure to AI and server markets.
Benchmark cited Lattice’s differentiated positioning and new product cycles as factors that will enable the company to outpace growth in the broader semiconductor industry, projecting 15-20% long-term revenue growth for Lattice.
The firm expects Lattice to achieve approximately twice the growth rate of the FPGA industry and three times that of the broader semiconductor market as macroeconomic conditions improve.
Benchmark also highlighted Lattice’s potential for margin improvement, noting the company could return to approximately 70% gross margins through accelerating revenue momentum and a richer product mix, while operating discipline drives bottom-line growth.
In other recent news, Lattice Semiconductor reported its second-quarter 2025 earnings, which closely aligned with market expectations. The company posted an earnings per share (EPS) of $0.24, with revenue slightly exceeding projections at $124 million. Lattice Semiconductor’s third-quarter guidance suggests a slight increase, with stronger performance in Communications and Compute segments offsetting weaker areas in Industrial and Automotive. Analysts from KeyBanc have maintained an Overweight rating with a price target of $70, while Stifel and Benchmark both reiterated Buy ratings with a $60 price target, citing solid execution and AI growth. BofA Securities, however, raised its price target to $52 but kept an Underperform rating, highlighting data center strength. Management expressed optimism about a strong recovery in the latter half of 2025 and into 2026. The company also noted record design wins and improving inventory levels in its Industrial and Automotive markets.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.