Semtech stock surges over 12% after beating Q4 earnings estimates, improving retail sentiment.

From StockTwits: 2025-03-14 01:56:14

Semtech reported a surge in shares by over 12% in after-hours trade following Q4 results that beat Wall Street expectations. The company posted an adjusted EPS of $0.40, higher than the expected $0.32, with revenue at $251 million, surpassing the estimated $249.3 million. CEO Hong Hou highlighted positive trends in net sales, gross margin, and earnings per share for fiscal year 2025. The company laid out Q1 priorities, forecasting an adjusted EPS of $0.34 to $0.40 and revenue between $245 million and $255 million. Stocktwits sentiment turned bullish, with one user predicting a stock price target of $42 on Friday and $65 by year-end. Semtech stock is down 47% year-to-date but up 46% over the past year.



Read more at StockTwits: Semtech Stock Surges Aftermarket As Q4 Earnings Beat Estimates: Retail Sentiment Improves