Lattice Semiconductor beats Q2 revenue estimates

Overview

• Lattice Semiconductor fiscal Q2 rev beats analyst expectations, per LSEG data

• Adjusted EPS for fiscal Q2 meets analyst estimates, per LSEG data

• Co highlights broad-based growth and record design wins

Outlook

• Lattice expects Q3 2025 revenue between $128 mln and $138 mln

• Company anticipates Q3 2025 non-GAAP gross margin around 69.5%

• Lattice forecasts Q3 2025 net income per share between $0.26 and $0.30

• Company sees continued strength in communications and computing markets

Result Drivers

• BROAD-BASED GROWTH - Co attributes Q2 performance to broad-based growth across key financial metrics and record design wins

• MARKET RECOVERY - Industrial and automotive markets are recovering, with channel inventory levels improving

• AI ACCELERATORS - Future growth expected from major design wins alongside AI accelerators in Cloud datacenter, wired communications, industrial robotics, ADAS, and other far-edge AI applications

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 2 "hold" and 1 "sell" or "strong sell"

• The average consensus recommendation for the semiconductors peer group is "buy"

• Wall Street's median 12-month price target for Lattice Semiconductor Corp is $63.00, about 22.2% above its August 1 closing price of $48.99

• The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 40 three months ago

Press Release: ID:nBw82H6KCa