Semtech Corporation (SMTC) shares climbed 11.2% to $134.78 as of August 7, 2026, a sharp gain from the prior close of $121.25. BestStocks flagged the session as a major change for SMTC. The move is tied to price move up. Below, we break down what changed for SMTC, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
What happened
SMTC climbed 11.2% to $134.78
SMTC climbed 11.2% in its latest session, moving from $121.25 to $134.78.
Material / EarningsLow confidence
Rel. volume
0.8×
Below Avg
Vs peers
—
No comparable peers
Market cap
$12.6B
NASDAQ Global Select
Analyst target
$204
+51.6% vs price
Price chart
Jul 7 – Aug 7
E earnings
F filing
A analyst
V/N other
click a marker to highlight
Change events — click to jump to details
What it means for Semtech Corporation investors
For Semtech Corporation investors, the recent signals are mixed, leaving the near-term picture neutral / mixed. On the constructive side: Material positive event; Strong 11.2% price move. Weighing against that: Semtech Corporation (SMTC) moved -5.60% from $135.22 to $127.65 on 2026-07-16; Semtech Corporation (SMTC) fell 5.35% to $128.03 after filing a material event 8-K with the SEC today. Wall Street's consensus price target sits at $204.36, implying +51.6% upside from $134.78. BestStocks rates the overall signal quality low (57/100). With earnings roughly 17 days out, the next report is the most likely near-term test of the move.
SMTC price reaction
SMTC last traded at $134.78, up $13.53 (+11.16%) from the previous close of $121.25. The session traded on 0.8× average volume (below avg), so participation was unremarkable. Over the past month the stock has ranged between $103.55 and $141.36, and it currently sits about 83% of the way up that band.
Bullish and bearish analyst opinions on Semtech Corporation (SMTC)
The consensus analyst price target on Semtech Corporation (SMTC) is $204.36, 51.6% above the recent $134.78. Here is how the bullish and bearish cases on SMTC line up.
▲ The bullish case
+Wall Street's consensus price target of $204.36 implies +51.6% upside from $134.78.
+The Street's most bullish target is $225.00 (+66.9%).
+Material positive event.
+Strong 11.2% price move.
+Semtech Corporation (SMTC) moved +9.54% from $125.88 to $137.89 on 2026-07-21.
▼ The bearish case
−Semtech Corporation (SMTC) moved -5.60% from $135.22 to $127.65 on 2026-07-16.
−SMTC fell 11.11% intraday to $130.69.
Bull vs bear balanceNeutral / Mixed
BearishNeutralBullish
Weighing both sides, BestStocks' composite read of recent signals is roughly balanced, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Aug 7, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Semtech Corporation (SMTC) moved -4.41% from $126.85 to $121.25 on 2026-08-05. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the move was not driven by unusual trading activity.
Material / Earnings2026-08-03+1.1%
Semtech Corporation (SMTC) moved +3.41% from $115.16 to $119.08 on 2026-08-03. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume traded near its 5-day average.
Material / Earnings2026-07-31+2.8%
Semtech Corporation (SMTC) moved -3.93% from $122.64 to $117.82 on 2026-07-31. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume was near its 5-day average, suggesting the decline occurred without unusual trading activity.
Material / Earnings2026-07-29-7.0%
Semtech Corporation (SMTC) moved -6.88% from $111.11 to $103.47 on 2026-07-29. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The decline brought SMTC to a new 30-day low; volume was near its 5-day average.
Material / Earnings2026-07-28-8.4%
Semtech Corporation (SMTC) moved -2.14% from $113.73 to $111.30 on 2026-07-28. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The move coincided with volume 1.8x the 5-day average and a new 30-day low.
Material / Earnings2026-07-27-3.5%
Semtech Corporation (SMTC) moved -3.21% from $125.55 to $121.52 on 2026-07-27. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. The stock reached a new 30-day low on volume near its 5-day average.
Material / Earnings2026-07-24-9.2%
SMTC moved -7.45% from its $136.05 open to a $125.92 close on 2026-07-24.
Material / Earnings2026-07-23+1.3%
Semtech Corporation (SMTC) moved +3.84% from $133.55 to $138.68 on 2026-07-23. We checked news, earnings announcements, analyst updates, SEC filings, and corporate actions — no company-specific catalyst was found. Volume traded near its 5-day average.
Upcoming catalysts & outlook
Next earnings
2026-08-24 (est.)
in 17 days
10-Q Filing (est.)
2026-08-26
Medium impact
Thesis shift
Neutral / Mixed
bearish signal
Risk level
High
from change events
Frequently asked questions about SMTC
Why did Semtech Corporation (SMTC) stock move?
SMTC climbed 11.2% to $134.78. No single company-specific catalyst was confirmed during the move window, and it looks technical.
How much did SMTC stock rise?
SMTC gained 11.16% ($13.53) versus the prior close of $121.25, last trading at $134.78 on 0.8× average volume.
When is Semtech Corporation's next earnings date?
SMTC's next earnings report is estimated for 2026-08-24 — about 17 days away.
What is the analyst price target for SMTC?
The consensus analyst price target for SMTC is $204.36, about 51.6% above the current $134.78. Over the past 90 days, analysts recorded 0 upgrades, 0 maintains, and 0 downgrades.
How BestStocks tracks SMTC
This page is generated automatically by BestStocks' change-detection system after price move up was detected and verified against independent data sources. It draws on 20 tracked change events for SMTC, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of August 7, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
