LSCC

Lattice Semiconductor Corporation

$107.41

-1.21% Oct 20 close

Information TechnologyS&P 400 Compare

1M 3M 6M 1Y 2Y

LSCCSPY

-11.3%

-3.2%

-20.9%

-8.2%

YTD

+46.0%

+52.8%

Live chart

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What they do

Lattice Semiconductor Corporation develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas. It offers field programmable gate arrays (FPGA), which are regular arrays of logic that can be custom-configured by the user through software. The company's products include small FPGA platforms, including Lattice Nexus and Lattice Nexus 2.

Technology · Semiconductors

For information only · Important disclosures

Grades vs sector

Momentum

71st percentile in sector

12-1 return: +72.2%
Percentile within its GICS sector across the S&P 1500.

Growth

94th percentile in sector

Revenue growth (YoY): +62.2%
Percentile within its GICS sector across the S&P 1500.

Value

8th percentile in sector

Forward E/P: 3.1% · EBITDA/EV: 0.6%
Percentile within its GICS sector across the S&P 1500.

Profitability

27th percentile in sector

D+

Profit margin: +5.6% · Return on equity: +4.9%
Percentile within its GICS sector across the S&P 1500.

Revisions

Not enough data yet

–

EPS estimate change, 30 days (current FY): –
30-day change in analysts' current-year EPS estimate; graded across covered stocks.

Our models

Not held by any of our 5 live models right now.

Quality Growth

Outside this model's universe or screens

Momentum Top 15

Outside this model's universe or screens

Momentum Blend

Not in the current book

New Highs Growth

Outside this model's universe or screens

Coteau Long Book

Not in the current book

News

More news

SEALSQ to Showcase U.S. Quantum Investments and Strategic Collaborations at IQT Quantum + AI 2026 Event in New York

GlobeNewswire · Oct 20

Is Lattice Semiconductor (LSCC) Trading At A Premium To Cash Flow?

Simply Wall St. · Oct 19

Chip Stocks Tumble On AI Investment Worries

Investor's Business Daily · Oct 15

Lam Research, Lattice Semiconductor, Amkor, Entegris, and MACOM Stocks Trade Down, What You Need To Know

StockStory · Oct 15

1 Cash-Producing Stock with Solid Fundamentals and 2 We Ignore

StockStory · Oct 14

Key stats

Market value$15.3B

P/E (last 12 months)431.2

P/E (next 12 months, estimated)33.2

52-week range$60.50 – $157.01

Revenue growth (latest quarter vs a year ago)+62.2%

Dividend yieldNo dividend

Analyst consensusStrong Buy (14)

Average analyst price target$161.71 (+51%)

Valuation and fundamentals

Valuation & fundamentals

Bottom line

Leans expensive

Model read-out from the numbers below, not advice. Score -2 (DCF counts double).

▼DCF (base case)below the price by 68%

▼Forward P/E vs sector33.2x vs median 16.9x

•Piotroski F-score6/9

▲Altman Z50.2 (safe)

▲Net debt / EBITDA-2.1x

▲Analyst target+51% (14 analysts)

Discounted cash flow

CyclicalValued on average-cycle margins

Bear

$18

-83%

growth 16% · disc. 14.0% · term. 2.0%

Base

$35

-68%

growth 27% · disc. 13.0% · term. 2.5%

Bull

$57

-47%

growth 34% · disc. 12.0% · term. 3.0%

Starting cash flow is mid-cycle: 21.6% average margin × current revenue = 0.1B (last 12 months: 0.2B at a 31% margin). On trailing cash flow the base case would be $49.

Reverse DCFfor context, not a signal

Today's price assumes free cash flow grows about 38% a year for 10 years.

Implied

+38%/yr

FCF, last 3 yrs

-15%/yr

FCF, last 5 yrs

+11%/yr

Revenue, last 3 yrs

-7%/yr

Revenue, last 5 yrs

+5%/yr

Same inputs as the DCF above: mid-cycle free cash flow 0.1B, 13.0% discount rate, 2.5% growth after year 10, net cash and today's share count. Actual growth rates are compound annual rates from SEC annual filings through FY2026; "n/a" means too little history or a negative starting year.

Edit assumptions · recalculates instantly

Your value per share–

Free cash flow = operating cash flow − capital spending, trailing 12 months (TTM to 2026-07-04). Growth default: average of 3-year revenue CAGR and latest revenue growth, capped at 30%. Years 6–10 fade linearly to terminal growth. Discount rate = 4.25% risk-free assumption + beta 1.83 × 5% equity premium, kept within 7–13%. Bear: lower growth, +1 pt discount, 2% terminal. Bull: higher growth, −1 pt, 3%.

Multiples vs Information Technology

P/E (trailing)

sector median 35.9× · 97th pct

431.2×
pricier

Forward P/E

sector median 16.9× · 89th pct

33.2×
pricier

EV / EBITDA

sector median 20.8× · 98th pct

186.8×
pricier

Price / sales

sector median 4.6× · 93rd pct

23.5×
pricier

Price / book

sector median 5.1× · 89th pct

19.4×
pricier

FCF yield

sector median 3.5% · 20th pct

1.3%
pricier

Forward EPS $3.25 vs trailing $0.25 (+1200% expected growth). Forward P/E uses analysts' next-12-month estimate.

Quality & financial health

Gross margin

69.0%

Operating margin

7.4%

FCF margin

30.6%

Net margin

5.6%

Return on equity

4.6%

Return on invested capital

6.3%

Net debt / EBITDA

-2.1×

Current ratio

3.0×

Interest cover

181.7×

Cash conversion (OCF/NI)

6.7×

Piotroski F-score 6/9 · last two fiscal years

✓ Positive net income✓ Positive operating cash flow✗ Return on assets improved✓ Cash flow above net income✓ Long-term debt / assets fell✗ Current ratio improved✓ No share dilution✓ Gross margin improved✗ Asset turnover improved

Altman Z-score 50.2 (safe zone; above 3.0 = safe, below 1.8 = distress). Not meaningful for banks and insurers.

Analysts

Mean target

$162

+51%

Analysts

Strong Buy

Range

$125–$180

low – high

● price · ◆ mean target

Annual history

FY	Revenue	Net income	Free cash flow
2026	$523.3M	$3.1M	$132.6M
2024	$509.4M	$61.1M	$119.9M
2023	$737.2M	$259.1M	$249.5M
2022	$660.4M	$178.9M	$215.5M
2022	$515.3M	$95.9M	$157.9M
2021	$408.1M	$47.4M	$79.6M

From the company's 10-K filings via SEC XBRL. 3-year revenue CAGR -7.5%.

Earnings

Next report: 2026-11-02 · during market · EPS est 0.55

EstimateActual (beat)Actual (miss)

Report	EPS est	Actual	Surprise
2026-08-04	0.45	0.53	+19.1%
2026-05-04	0.37	0.41	+10.9%
2026-02-10	0.32	0.32	+0.7%
2025-11-03	0.28	0.28	+0.3%
2025-08-04	0.24	0.24	–
2025-05-05	0.22	0.22	-0.4%
2025-02-10	0.19	0.15	-20.7%
2024-11-04	0.24	0.24	+1.5%

Quarterly revenue

Quarter	Revenue	YoY
2026-06-30	$201.1M	+62.2%
2026-03-31	$170.9M	–
2025-12-31	$145.8M	–
2025-09-30	$133.3M	–
2025-06-30	$124.0M	–

Analyst actions

TD Cowen

2026-10-19 · main

Buy → Buy
PT $130

William Blair

2026-10-06 · init

→ Outperform

RBC Capital

2026-08-05 · main

Outperform → Outperform
PT $165

Keybanc

2026-08-05 · main

Overweight → Overweight
PT $180

Needham

2026-08-05 · main

Buy → Buy
PT $160

Jefferies

2026-08-05 · main

Buy → Buy
PT $175

Insider trades

Desale Pravin

SVP, R&D · 2026-09-15

Sell
$21.4K

Desale Pravin

SVP, R&D · 2026-09-15

Sell
$252.1K

Desale Pravin

SVP, R&D · 2026-09-15

Sell
$178.5K

Desale Pravin

SVP, R&D · 2026-09-14

Sell
$228.0K

Feanny Tracy Ann

SVP, General Counsel · 2026-08-18

Sell
$237.7K

Elashmawi Esam