Added to YB: 2026-03-09
Pitch date: 2025-12-29
LSCC [bearish]
Lattice Semiconductor Corporation
-15.72%
current return
Author Info
No bio for this author
Company Info
Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.
Market Cap
$12.5B
Pitch Price
$74.66
Price Target
54.00 (-41%)
Dividend
N/A
EV/EBITDA
211.39
P/E
4.6K
EV/Sales
23.78
Sector
Semiconductors and Semiconductor Equipment
Category
value
Lattice Semiconductor Corporation - $LSCC (short)
LSCC (short): Overearning from pandemic demand & niche dominance ending as Altera (Silver Lake-owned) aggressively re-enters low/mid FPGA market w/ Agilex 3 (ships now, outperforms Certus at lower ASP). AI server upside overstated—FPGA attach capped at 4-8/server, limited structural growth. I&A recovery pushed to 2H26 vs Street's 1H26 on weak analog peer reads & China substitution risk. Model 10-12% growth vs Street 20%, -50bps GM erosion. PT $54 (45x 2026E EPS) vs $76 spot = 29% downside.
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