Semtech Corporation (SMTC) fair value analysis

Nasdaq · Updated 2026-09-07

Semtech Corporation is a technology company that designs and manufactures analog and mixed-signal semiconductors used in various applications including wireless communications, industrial automation, and consumer electronics. The company operates globally with manufacturing, design, and sales operations across multiple regions including North America, Europe, and Asia.

Forward Fair Value verdict

Overvalued

Based on TickrTrends' weekly Forward Fair Value model, SMTC is trading at more than a 25% premium to estimated fair value.

SMTC currently ranks #162 of 199 Technology stocks by discount to Forward Fair Value. It has screened as Overvalued for 3 consecutive weekly runs.

Last price: $119.08
Sector: Technology
12-month range: $67.25–$149.58

Derived indicators

Coarse bands from TickrTrends' weekly models; exact figures are part of the full report.

Quality grade: A
Leverage: Moderate
Margin trend: Expanding
Revenue growth: Strong
RSI zone: Neutral
50/200-day trend: Mixed
52-week position: The upper-middle quarter of its range

What our data shows for SMTC

Our model validated 13 trailing price-to-earnings windows for SMTC, built from quarterly earnings records.
Shares are trading in the middle of their 12-month price range of $67.25–$149.58.
The 14-day relative strength index sits at a neutral 61.

The exact numbers are one step away

The precise Forward Fair Value dollar figure for SMTC
Exact discount / premium to today's price
The normalized historical P/E behind the estimate, and how many quarters support it
Forward EPS input and fiscal-year basis
Screeners and rankings across the full S&P 500 and Nasdaq universes

See the exact fair value →

How Forward Fair Value works

TickrTrends computes a Forward Fair Value for every covered stock each week: a conservatively normalized historical price-to-earnings multiple is applied to the analyst-consensus earnings estimate for the next full fiscal year. Every input window is validated for continuity and every result is screened for plausibility before publication.

Recent SMTC news

TickrTrends' derived news-sentiment signal for SMTC is currently leaning positive, computed from recent coverage.

Semtech rallies 10% after earnings and guidance beat (SMTC:NASDAQ) (seekingalpha.com, 2026-09-08)
TickrTrends take: Semtech's 10% rally following positive earnings and guidance results occurs within a context where TickrTrends currently assesses the stock as overvalued. For valuation-focused investors, the key question is whether this earnings beat represents fundamental improvement sufficient to justify current price levels, or whether the stock's upward movement has further extended its valuation premium in the Technology sector. Monitoring how the company's forward guidance translates into actual execution will be important for determining whether the overvalued assessment should be reconsidered.
Red Violet Eyes M&A Growth as AI Identity Platform Expands Across Key Markets (finance.yahoo.com, 2026-08-29)
TickrTrends take: Red Violet, which operates under the ticker SMTC, is pursuing expansion through mergers and acquisitions while developing its artificial intelligence identity platform capabilities. Given TickrTrends' current assessment that the stock is overvalued, investors focused on valuation metrics should monitor whether the company's M&A spending and AI platform development translate into revenue growth sufficient to justify current pricing in the Technology sector. The expansion strategy's success in key markets will be relevant data points for reassessing whether the current valuation premium can be supported by actual business results.
ATN International Eyes Growth, Margin Gains After $268M Tower Sale (finance.yahoo.com, 2026-08-29)
TickrTrends take: ATN International's $268 million tower sale could provide capital for strategic investments and operational improvements that may influence future earnings power and cash flow generation. Given TickrTrends' current overvalued assessment of SMTC, investors focused on valuation should monitor whether management deploys proceeds in ways that justify current pricing or whether the company remains elevated relative to fundamentals. The technology sector backdrop and any margin expansion initiatives resulting from this transaction will be relevant to tracking whether the valuation gap narrows over time.

What people are saying

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TickrTrends weekly updates

2026-09-07 — No material change this week: the verdict, bands and grades all held steady.
2026-09-06 — No material change this week: the verdict, bands and grades all held steady.
2026-08-31 — TickrTrends initiated weekly Forward Fair Value coverage of this stock.

Frequently asked questions

Is SMTC stock undervalued?

Based on TickrTrends' Forward Fair Value model (updated 2026-09-07), SMTC is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.

What is SMTC's TickrTrends verdict?

SMTC's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.

How does SMTC compare to other Technology stocks?

SMTC ranks #162 of 199 Technology stocks in TickrTrends' coverage when sorted by discount to Forward Fair Value.

Is SMTC overbought or oversold?

SMTC's 14-day RSI is in neutral territory - neither overbought nor oversold.

All Technology fair-value coverage →

Head-to-head comparisons

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