Added to YB: 2026-07-13
Pitch date: 2026-07-09
SMTC [bullish]
Semtech Corporation
+5.86%
current return
Author Info
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Company Info
Semtech Corporation provides semiconductor, Internet of Things systems, and cloud connectivity service solutions in the Asia- Pacific, North America, and Europe.
Market Cap
$11.3B
Pitch Price
$133.00
Price Target
250.00 (+96%)
Dividend
N/A
EV/EBITDA
72.79
P/E
-321.94
EV/Sales
10.69
Sector
Semiconductors and Semiconductor Equipment
Category
growth
$SMTC deep dive.
SMTC: Analog chips for AI datacenter networking. New CEO Hong Hou turned around debt (9x to 1.6x EBITDA) & repositioned for AI. 50% TIA share, ACCs use 90% less power, HieFo laser vertical integration, LoRA IoT cash cow (15-20% CAGR). Bear: no moat, competes w/ Macom, MaxLinear, MRVL entering copper; 1.6T uncertain. Model DC +80% then 70/65%, 35-39% EBITDA margins, 30x EV/EBITDA. PT $250 (2x) in 3yrs from $120.
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