Semtech Corp (NASDAQ: SMTC) stock enjoyed a major increase of 11.2% on 8/28/24. The shares closed at $42.43. Moreover, trading volume in this advance was exceptionally high at 361% of normal. The stock has risen 16.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
SMTC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Semtech is currently unrated.
Rating Review
The stock is currently unrated.
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