The company also provides intellectual property (IP) licensing and various other services. (Source: “ Corporate Overview: August 2021,” Lattice Semiconductor Corp, last accessed November 12, 2021.) The company helps its more than 8,000 global customers implement their own designs, create lower development costs, and improve overall time-to-market. It's the world’s largest supplier of low-power field-programmable gate array (FGAP) products by volume. Lattice Semiconductor is the leading provider of programmable smart-connectivity technology. Those market-trouncing gains have come on the heels of consistently strong financial results and guidance.Ĭhart courtesy of LSCC Stock Overview Over that time, shares of Lattice Semiconductor Corp have soared by 1,218%. LSCC stock has been outperforming the market for the last three years. Time will tell.Īnd it’s not a one-time fluke of Lattice Semiconductor stock taking advantage of the recovery from the March 2020 stock market. A 12-month share-price forecast of $117.00 for Lattice Semiconductor Corp seems reasonable. In my view, those projections continue to miss the mark. This points to potential downside of two percent and upside of 16.5%, respectively. Yet again, Wall Street analysts' 12-month projection for Lattice Semiconductor stock is a little underwhelming, with an average price target of $76.17 and a high estimate of $95.00. After the company reported strong third-quarter results, investors sent shares of Lattice Semiconductor Corp considerably higher, to a new 52-week high of $82.47 on November 4. It turns out that even my aggressive target was a little light. I believed a 12-month share-price forecast of $76.00 for LSCC stock was much more reasonable.
In light of the burgeoning 5G industry, Lattice Semiconductor Corp's record second-quarter results, and the company’s strong business outlook, I thought those projections were far too low. At the time, the average 12-month share-price projection by Wall Street analysts was a paltry $59.25, with a high estimate of $68.00. I last wrote about Lattice Semiconductor stock in August, when it was trading around $58.25. In spite of some analysts repeatedly saying that LSCC stock is getting ahead of itself and warning of a correction, shares of Lattice Semiconductor Corp continue to trend significantly higher. During the so-called September slide, when the Nasdaq tumbled by 5.6%, LSCC stock climbed by five percent.īuy-and-hold Lattice Semiconductor stock investors are all too familiar with the company’s market-trouncing gains. Lattice Semiconductor Corp (NASDAQ:LSCC) is one of the most compelling-and seemingly overlooked-5G stocks around. Lattice Semiconductor Stock Continues to Shine