Street Calls of the Week
HILLSBORO, Ore. - Lattice Semiconductor (NASDAQ:LSCC), a $9.48 billion market cap semiconductor company with strong financial health indicators according to InvestingPro, unveiled its MachXO5-NX TDQ family of secure control FPGAs on Monday, claiming it as the industry’s first with full Commercial National Security Algorithm (CNSA) 2.0-compliant post-quantum cryptography support.
The new field-programmable gate arrays are designed to address security concerns as quantum computing advances potentially threaten existing cryptographic standards. Built on the company’s Nexus platform, the devices target computing, communications, industrial, and automotive applications. The company’s solid financial position, with a current ratio of 3.71 and minimal debt levels, supports its continued innovation in this space.
"Quantum computing advances increase the urgency to adopt quantum-resistant security across every industry," said Esam Elashmawi, Chief Strategy and Marketing Officer at Lattice Semiconductor, in a press release statement.
The MachXO5-NX TDQ family features National Institute of Standards and Technology (NIST)-approved post-quantum cryptography algorithms, including LMS, XMSS, ML-DSA, and ML-KEM. The company highlighted the product’s crypto-agility with in-field algorithm update capability and anti-rollback version protection.
Additional security features include authenticated and encrypted bitstream capabilities, advanced symmetric and classical asymmetric cryptographic algorithms, and hardware root of trust with integrated flash.
Lattice also expanded its MachXO5-NX device family with new TD devices offering additional density and package options. Both the TDQ and TD FPGA devices are currently available and have shipped to communications and compute customers.
The company plans to demonstrate these new FPGAs at the OCP Global Summit taking place October 14-16, 2025, at the San Jose Convention Center in California. With a remarkable 60% stock price surge over the past six months and strong analyst support (consensus rating: 1.38), investors can access detailed analysis and 16 additional key insights through InvestingPro’s comprehensive research reports.
In other recent news, Lattice Semiconductor has seen several adjustments in its stock price targets from various analyst firms. KeyBanc raised its price target for the company to $85, citing "sustained AI capex intensity" as a key factor, while maintaining an Overweight rating. CFRA also increased its price target to $85, highlighting Lattice’s growth prospects and expectations for a sharp revenue recovery in end markets, although it kept a Hold rating. Needham adjusted its price target to $80, following investor meetings with company executives, and maintained a Buy rating. Benchmark increased its price target to $75, reflecting confidence in Lattice’s market position in low-power FPGAs and its growing exposure to AI and server markets. Additionally, KeyBanc reiterated an Overweight rating with a $70 price target after Lattice reported in-line second-quarter results and provided slightly higher guidance for the third quarter. The company’s performance in Communications and Compute (C&C) segments helped offset weaker results in Industrial and Automotive (I&A) segments. These developments underline the positive outlook from analysts regarding Lattice Semiconductor’s market strategies and growth potential.
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