What did Craig-Hallum do in the SMTC analyst rating update?

On March 17, 2026, Craig-Hallum maintained a Buy rating on SMTC and raised its price target to $105, citing expected acceleration in data center revenues.

What did Oppenheimer say in its SMTC analyst rating note?

Oppenheimer maintained an Outperform rating on SMTC on March 17, 2026 and raised its price target to $110, saying the emergent AI story for Semtech is on track.

How should investors use the SMTC analyst rating changes?

Use the SMTC analyst rating updates as one input among many. Raised price targets show analyst confidence, but investors should check revenue trends, margins, and macro risk before acting.

What is Meyka’s grade for SMTC and what does it mean?

Meyka AI rates SMTC with a grade of B+. This score blends benchmark comparison, sector performance, growth, metrics, and analyst consensus and is not investment advice.

Analyst Ratings

Craig-Hallum Maintains Buy on SMTC Semtech Corporation March 2026

ByDanny Kontos March 18, 2026March 18, 2026

Craig-Hallum and Oppenheimer both kept positive calls on Semtech Corporation (SMTC) on March 17, 2026, maintaining Buy and Outperform ratings and lifting price targets. The SMTC analyst rating headlines show Craig-Hallum maintained Buy and raised its price target to $105 at 09:44 AM, while Oppenheimer maintained Outperform and set a $110 price target at 08:54 AM. These moves came as both firms cited accelerating data center revenue and an emergent AI growth story for Semtech. Investors should weigh the raised price targets and steady positive ratings against the stock’s intraday pullback of -1.88% and -2.0% respectively.