Lattice Semiconductor Corporation (NASDAQ: LSCC) is a key player in the semiconductor industry, specializing in low-power, field-programmable gate arrays (FPGAs). These are integrated circuits that can be configured by the customer after manufacturing. Lattice's products are used in a variety of applications, including communications, computing, and industrial markets. The company competes with other semiconductor giants like Xilinx and Altera.
On November 4, 2025, Robert W. Baird set a price target of $75 for LSCC, suggesting a potential upside of 12.26% from its trading price of $66.81. This optimistic outlook aligns with Lattice's recent financial performance. In the third quarter, the company reported earnings of 28 cents per share, meeting analyst expectations. Quarterly sales reached $133.349 million, slightly surpassing the anticipated $133.028 million.
Looking forward, Lattice forecasts fourth-quarter adjusted earnings per share (EPS) between 30 cents and 34 cents, compared to market estimates of 32 cents. Sales projections for the fourth quarter range from $138 million to $148 million, exceeding the expected $141.918 million. This positive outlook is supported by the company's strong performance in its Communications and Computing business, which achieved record revenue.
CEO Ford Tamer highlighted the company's broad-based growth across various markets and expressed optimism for continued growth into the fourth quarter and beyond. He also mentioned efforts in driving operating leverage and expanding profitability, with a notable 13% growth in revenue and non-GAAP EPS. This focus on profitability and growth is crucial for maintaining investor confidence.
Currently, LSCC's stock price is $66.84, reflecting a decrease of 8.21% or $5.98. Today, the stock has traded between a low of $64.76 and a high of $69.85. Over the past year, LSCC has reached a high of $76.61 and a low of $34.69. The company's market capitalization stands at approximately $9.15 billion, with a trading volume of 2,265,263 shares on the NASDAQ exchange.
