Semtech Option Alert: Jan, 2027 $50 Calls at the Bid: 1750 vs 24 OI; Earnings 3/27 After Close [est] 

Semtech Option Alert: Jan, 2027 $50 Calls at the Bid: 1750 @ $10.25 vs 24 OI; Earnings 3/27 After Close [est] Ref=$36.54

Semtech (NASDAQ:SMTC) 株価情報

Semtech

Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments' 1) Signal Integrity, 2) Advanced Protection and Sensing, 3) IoT System and 4) IoT Connected Services. The majority of the company's revenue is earned through Advanced Protection and Sensing Products segment. Geographically majority of the company's revenue is earned from Asia Pacific region.

Semtech Corp

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) has been the poster child of the AI revolution, but cracks are showing as supplier delays and technical indicators <a href="https://www.benzinga.com/quote/NVDA/news">flash warning signs</a>. 
Analyst Beth Kindig, typically bullish on Nvidia, recently sounded the alarm after <a href="https://io-fund.com/semiconductors/supply-chain/nvidia-gb200-delays-mixed-signals-nvda-stock-analysis">scrutinizing supplier commentary</a>. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Key suppliers for Nvidia's GB200 NVL systems are not exactly inspiring confidence in Q1 and fiscal year guidance. Instead, a few have actually lowered guidance. Tomorrow, keep an eye on your inboxes as I break down the mixed signals that I'm hearing from Nvidia suppliers for the…
&mdash; Beth Kindig (@Beth_Kindig) <a href="https://twitter.com/Beth_Kindig/status/1893326435768496356?ref_src=twsrc%5Etfw">February 22, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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The takeaway? The GB200 rollout might not be as smooth as expected and NVDA stock could feel the heat.
<h2 class="wp-block-heading">Supplier Red Flags: Delays Mount</h2>
Super Micro Computer Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>), a key Nvidia partner, trimmed its fiscal 2025 revenue guide, citing Blackwell GPU delays. CEO Charles Liang had previously expected 30% of racks to use direct liquid cooling (DLC) by mid-2025. That target has now quietly slipped to early 2026. 
Worse, SMCI admitted they can't ship Blackwell NVL systems in volume for the March quarter—a red flag for Nvidia's near-term growth.
Vertiv Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>), another Nvidia ecosystem player, reported strong fourth quarter results but guided for softer first quarter growth, blaming &#8220;timing differences&#8221; in AI shipments. Meanwhile, PCIe 6.0 and PMIC suppliers, crucial for Blackwell systems, now expect volume deployments only in the back half of the year. 
Semtech's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) decision to pull guidance on active copper cabling further reinforces the narrative of a bumpy road.
Read Also: <a href="https://www.benzinga.com/25/02/43908370/amd-reshapes-strategy-plans-4-billion-data-center-asset-sale-while-doubling-down-on-gpus">AMD Reshapes Strategy, Plans $4 Billion Data Center Asset Sale While Doubling Down on GPUs</a>
<h2 class="wp-block-heading">NVDA Stock Technicals: Momentum Fades</h2>
<figure class="wp-block-image size-full"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022425&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="629" height="489" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/24081439/Screenshot-2025-02-24-at-6.44.28-PM.png" alt="" class="wp-image-795366" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/24081439/Screenshot-2025-02-24-at-6.44.28-PM.png 629w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/02/24081439/Screenshot-2025-02-24-at-6.44.28-PM-300x233.png 300w" sizes="(max-width: 629px) 100vw, 629px" /></a></figure>
<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent022425&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">Chart created using Benzinga Pro</a>
NVDA stock has cooled off year-to-date, down 2.83%, despite a stellar 69.93% gain over the past year. The stock is struggling near its 50-day moving average, a key technical level that often signals whether bullish momentum can continue or falter. 
Trading volumes have thinned and the relative strength index (RSI) is around 50, indicating fading buying pressure. If NVDA stock breaks below $110, it could trigger a deeper pullback toward the $100 psychological support—a level that aligns with Kindig's view of a potential &#8220;buying opportunity&#8221; if the stock dips further.
<h2 class="wp-block-heading">Q4 Earnings Catalyst Or Reality Check?</h2>
With <a href="https://www.benzinga.com/quote/NVDA/earnings">earnings on deck</a> (reports fourth quarter after market close on Wednesday), Nvidia faces a moment of truth. 
If management acknowledges the supplier delays, the stock could slip further. However, strength from Hopper and B200 systems might offset the near-term Blackwell hiccup. 
Investors should brace for volatility. Nvidia's AI dominance isn't in question, but the road ahead looks bumpier than bulls might like.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/equities/25/02/43905646/nvidia-set-for-clear-beat-and-raise-special-as-ai-demand-surges-says-dan-ives">Nvidia Set For &#8216;Clear Beat And Raise Special&#8217; As AI Demand Surges, Says Dan Ives</a></li>
</ul>

Analyst Color

Long Ideas

Technicals

Analyst Ratings

Tech

Trading Ideas

NVDA

SMCI

SMTC

Nvidia Stock Offers 'Buying Opportunity' Below $100 - Supplier Woes Suggest Caution, Says Analyst

News

General

Internet Of Things Systems Provider Semtech Introduces New Electrostatic Discharge (ESD) Protection For Automotive Ethernet Applications

<h3>Gainers</h3>
<ul>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) stock increased by 46.7% to $0.09 during Monday's pre-market session. The company's market cap stands at $1.8 million. </li>
<li>Brand Engagement Network (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) shares increased by 31.53% to $0.54. The market value of their outstanding shares is at $20.4 million. </li>
<li>Monday.Com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) shares increased by 22.97% to $317.56. The company's market cap stands at $15.8 billion. The company's, Q4 earnings came out today. </li>
<li>Neonode (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEON#NASDAQ">NEON</a>) shares rose 16.13% to $10.15. The company's market cap stands at $170.3 million. </li>
<li>Trident Digital Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TDTH#NASDAQ">TDTH</a>) stock moved upwards by 11.11% to $0.95. The company's market cap stands at $61.3 million. </li>
<li>Iveda Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IVDA#NASDAQ">IVDA</a>) stock increased by 9.26% to $3.42. The company's market cap stands at $9.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) shares decreased by 26.4% to $40.15 during Monday's pre-market session. The company's market cap stands at $3.4 billion. </li>
<li>Nortech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSYS#NASDAQ">NSYS</a>) stock declined by 8.91% to $9.61. The market value of their outstanding shares is at $26.4 million. </li>
<li>Rekor Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REKR#NASDAQ">REKR</a>) shares decreased by 8.78% to $2.08. The company's market cap stands at $195.1 million. </li>
<li>Alpha Modus Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMOD#NASDAQ">AMOD</a>) stock fell 7.98% to $2.18. The market value of their outstanding shares is at $28.8 million. </li>
<li>Rimini Street (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMNI#NASDAQ">RMNI</a>) shares decreased by 7.2% to $2.58. The company's market cap stands at $234.5 million. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNHP#NASDAQ">SLNHP</a>) stock fell 6.9% to $8.1. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

AMOD

BNAI

IVDA

MNDY

NEON

NSYS

REKR

RMNI

SLNHP

TDTH

12 Information Technology Stocks Moving In Monday's Pre-Market Session

U.S. stocks traded higher toward the end of trading, with the Dow Jones index jumping more than 150 points on Monday.
The Dow traded up 0.40% to 44,482.54 while the NASDAQ gained 1.16% to 19,750.22. The S&amp;P 500 also rose, gaining, 0.75% to 6,071.29.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43559194/jim-cramer-likes-this-utilities-stock-i-think-youve-got-a-good-one">Jim Cramer Likes This Utilities Stock: &#8216;I Think You&#8217;ve Got A Good One&#8217;</a>
Leading and Lagging Sectors Energy shares surged by 2% on Monday.
In trading on Monday, financial shares fell by 0.6%.
Top Headline
U.S. consumer inflation expectations for the year ahead came in steady for a third straight month at 3% in January.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>SpringWorks Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWTX#NASDAQ">SWTX</a>) shares shot up 36% to $54.85 after announcing Merck KGaA is in advanced discussions to acquire the company.</li>
<li>Shares of Biodexa Pharmaceuticals Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDRX#NASDAQ">BDRX</a>)got a boost, surging 42% to $5.78 after the company announced it received FDA fast-track designation for eRapa.</li>
<li>monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) shares were also up, gaining 28% to $331.46 after the company reported better-than-expected fourth-quarter financial results and first-quarter revenue outlook.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Pliant Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLRX#NASDAQ">PLRX</a>) shares dropped 59% to $3.1893. On Friday, Pliant Therapeutics announced it has voluntarily paused enrollment and dosing in the ongoing BEACON-IPF Phase 2b trial of bexotegrast in patients with idiopathic pulmonary fibrosis (IPF), a chronic lung disease that causes scarring and stiffening of the lung tissue.</li>
<li>Shares of Manhattan Associates, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MANH#NASDAQ">MANH</a>) were down 11% to $179.24. The company announced its president and CEO Eddie Capel will retire.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) was down, falling 31% to $37.60 after Needham cut its price target on the stock from $74 to $54.</li>
</ul>
Commodities In commodity news, oil traded up 1.7% to $72.22 while gold traded up 1.7% at $2,935.20.
Silver traded up 0.2% to $32.515 on Monday, while copper rose 2.6% to $4.7060.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.58%, Germany's DAX 40 rose 0.57% and France's CAC 40 rose 0.52%. Spain's IBEX 35 Index rose 0.16%, while London's FTSE 100 rose 0.77%.
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 0.04%, China's Shanghai Composite Index climbing 0.56%, Hong Kong's Hang Seng Index gaining 1.84% and India's BSE Sensex falling 0.70%.
Economics
U.S. consumer inflation expectations for the year ahead came in steady for a third straight month at 3% in January.
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43593480/wall-streets-most-accurate-analysts-give-their-take-on-3-real-estate-stocks-with-over-6-dividend-yields-2">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 6% Dividend Yields</a></li>
</ul>

Equities

Eurozone

Commodities

Markets

BDRX

MANH

PLRX

SWTX

Crude Oil Rises Sharply; Manhattan Associates Shares Slide

Stifel analyst Tore Svanberg maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and lowers the price target from $75 to $70.

Price Target

Stifel Maintains Buy on Semtech, Lowers Price Target to $70

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 1% on Monday.
The Dow traded up 0.07% to 44,332.96 while the NASDAQ gained 1.06% to 19,729.75. The S&amp;P 500 also rose, gaining, 0.55% to 6,059.14.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43559194/jim-cramer-likes-this-utilities-stock-i-think-youve-got-a-good-one">Jim Cramer Likes This Utilities Stock: &#8216;I Think You&#8217;ve Got A Good One&#8217;</a>
Leading and Lagging Sectors Energy shares surged by 1.8% on Monday.
In trading on Monday, financial shares fell by 1%.
Top Headline
Shares of ON Semiconductor Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) dipped around 8% on Monday after the company posted downbeat quarterly results.
The company reported a fiscal fourth-quarter 2024 revenue decline of 15% year-on-year to $1.72 billion, missing the analyst consensus estimate of $1.76 billion.
The adjusted EPS of $0.95 missed the analyst consensus estimate of $0.97.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>SpringWorks Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SWTX#NASDAQ">SWTX</a>) shares shot up 30% to $52.46 after announcing Merck KGaA is in advanced discussions to acquire the company.</li>
<li>Shares of Biodexa Pharmaceuticals Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDRX#NASDAQ">BDRX</a>)got a boost, surging 67% to $6.80 after the company announced it received FDA fast-track designation for eRapa.</li>
<li>monday.com Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) shares were also up, gaining 29% to $334.00 after the company reported better-than-expected fourth-quarter financial results and first-quarter revenue outlook.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Pliant Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLRX#NASDAQ">PLRX</a>) shares dropped 61% to $3.0089. On Friday, Pliant Therapeutics announced it has voluntarily paused enrollment and dosing in the ongoing BEACON-IPF Phase 2b trial of bexotegrast in patients with idiopathic pulmonary fibrosis (IPF), a chronic lung disease that causes scarring and stiffening of the lung tissue.</li>
<li>Shares of Ubiquiti Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UI#NYSE">UI</a>) were down 12% to $345.09. Barclays analyst Tim Long maintained Ubiquiti with an Underweight and lowered the price target from $236 to $222.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) was down, falling 31% to $37.62 after Needham cut its price target on the stock from $74 to $54.</li>
</ul>
Commodities In commodity news, oil traded up 1.1% to $71.78 while gold traded up 1.7% at $2,937.40.
Silver traded up 0.7% to $32.670 on Monday, while copper rose 2.2% to $4.6875.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.60%, Germany's DAX 40 rose 0.61% and France's CAC 40 rose 0.36%. Spain's IBEX 35 Index rose 0.09%, while London's FTSE 100 rose 0.88%.
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 0.04%, China's Shanghai Composite Index climbing 0.56%, Hong Kong's Hang Seng Index gaining 1.84% and India's BSE Sensex falling 0.70%.
Economics
Data on US consumer inflation expectations will be released today
Now Read This: 
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<li><a href="https://www.benzinga.com/25/02/43593480/wall-streets-most-accurate-analysts-give-their-take-on-3-real-estate-stocks-with-over-6-dividend-yields-2">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 6% Dividend Yields</a></li>
</ul>

Intraday Update

Nasdaq Surges 1%; ON Semiconductor Shares Plunge Following Earnings Miss

U.S. stocks traded higher this morning, with the Dow Jones index gaining around 100 points on Monday.
Following the market opening Monday, the Dow traded up 0.24% to 44,407.91 while the NASDAQ gained 0.89% to 19,696.41. The S&amp;P 500 also rose, gaining, 0.43% to 6,051.88.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43559194/jim-cramer-likes-this-utilities-stock-i-think-youve-got-a-good-one">Jim Cramer Likes This Utilities Stock: &#8216;I Think You&#8217;ve Got A Good One&#8217;</a>
Leading and Lagging Sectors Information technology shares surged by 1.5% on Monday.
In trading on Monday, real estate shares fell by 0.7%.
Top Headline
Shares of McDonald's Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) gained around 5% on Monday following the release of fourth-quarter results.
The company reported a fourth-quarter sales decline of 0.3% year-on-year to $6.388 billion, missing the analyst consensus estimate of $6.442 billion. Adjusted EPS of $2.83 was in line with the analyst consensus estimate.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Brand Engagement Network, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) shares shot up 107% to $0.8625.</li>
<li>Shares of Biodexa Pharmaceuticals Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BDRX#NASDAQ">BDRX</a>)got a boost, surging 70% to $6.93 after the company announced it received FDA fast-track designation for eRapa.</li>
<li>Global Star Acquisition, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLST#NASDAQ">GLST</a>) shares were also up, gaining 58% to $17.32.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Pliant Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLRX#NASDAQ">PLRX</a>) shares dropped 60% to $3.1075. On Friday, Pliant Therapeutics announced it has voluntarily paused enrollment and dosing in the ongoing BEACON-IPF Phase 2b trial of bexotegrast in patients with idiopathic pulmonary fibrosis (IPF), a chronic lung disease that causes scarring and stiffening of the lung tissue.</li>
<li>Shares of FBS Global Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FBGL#NASDAQ">FBGL</a>) were down 33% to $1.2050.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) was down, falling 31% to $37.46 after Needham cut its price target on the stock from $74 to $54.</li>
</ul>
Commodities In commodity news, oil traded up 1.4% to $71.99 while gold traded up 1.5% at $2,931.10.
Silver traded up 0.6% to $32.635 on Monday, while copper rose 2% to $4.6820.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.5%, Germany's DAX 40 rose 0.6% and France's CAC 40 rose 0.3%. Spain's IBEX 35 Index rose 0.1%, while London's FTSE 100 rose 0.8%.
Asia Pacific Markets
Asian markets closed mostly higher on Monday, with Japan's Nikkei 225 gaining 0.04%, China's Shanghai Composite Index climbing 0.56%, Hong Kong's Hang Seng Index gaining 1.84% and India's BSE Sensex falling 0.70%.
Economics
Data on US consumer inflation expectations will be released today
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/25/02/43593480/wall-streets-most-accurate-analysts-give-their-take-on-3-real-estate-stocks-with-over-6-dividend-yields-2">Wall Street&#8217;s Most Accurate Analysts Give Their Take On 3 Real Estate Stocks With Over 6% Dividend Yields</a></li>
</ul>

FBGL

GLST

Dow Gains 100 Points; McDonald's Shares Rise After Q4 Results

Shares of Macom Technology Solutions Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTSI#NASDAQ">MTSI</a>) came under pressure, despite in-line fiscal first-<a href="https://www.benzinga.com/topic/semiconductors">quarter results and outlook</a>.
Rival Semtech Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) disclosed lower IC (integrated circuit) sales into Active Copper Cables, according to Northland Capital Partners.
The Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/590c74bd290fa70001c93005/tim-savageaux">Analyst Tim Savageaux</a> upgraded the rating for Macom Technology Solutions from Market Perform to Outperform, while raising the price target to $140.
The Thesis: The company's first-quarter revenue grew by 9% sequentially and 39% year-on-year to $218.1 million, Savageaux said in the upgrade note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
The sequential growth in revenues was driven by Datacom, while year-on-year growth was led by an around 80% increase in Telecom revenues due to the Wolfspeed acquisition and strong growth in Industrial/Defense revenues, he added.
"MTSI noted its third consecutive quarter with a 1.10 book to bill, the analyst stated. "MTSI noted expectations for an expansion of its AI Datacom customer base at 800G, which to date has been focused on major China module makers, as well as a ramp in solutions supporting 1.6T connectivity over the next Qs," he further wrote.
"We look to take advantage of any weakness given strong bookings and multiple growth vectors including AI Optical, Satcom and Defense," the analyst stated.
Price Action: Shares of Macom Technology Solutions had declined by 0.76% to $126.24 at the time of publication on Monday.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/25/01/42953261/nvidia-broadcom-and-marvell-positioned-for-growth-as-ai-demand-drives-semiconductor-momentum">Nvidia, Broadcom, Marvell Positioned For Growth As AI Demand Drives Semiconductor Momentum</a></li>
</ul>
Image: Shutterstock

Topics

MTSI

Macom Technology Solutions Is Poised For AI-Driven Revenue Growth: Analyst

Piper Sandler analyst Harsh Kumar reiterates Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Overweight and lowers the price target from $75 to $55.

Reiteration

Piper Sandler Reiterates Overweight on Semtech, Lowers Price Target to $55

WIIM

Semtech shares are trading lower after Needham cut its price target on the stock from $74 to $54.

U.S. stock futures were higher this morning, with the Dow Jones futures gaining <a href="https://www.benzinga.com/quote/TSLA">around 150 points on Monday</a>.
Shares of Tesla, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) fell in today's <a href="https://www.benzinga.com/quote/TSLA">pre-market trading</a>.
Tesla CEO Elon Musk and Vice President of Finance Sendil Palani addressed allegations of the EV company evading taxes in posts on X over the weekend. The company did not evade tax but carried it forward as per an Internal Revenue Service (IRS) provision, they said.
Tesla shares fell 1.2% to $357.16 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
<ul>
<li>Pliant Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLRX#NASDAQ">PLRX</a>) dipped 54.5% to $3.54 in pre-market trading after the company issued an update on BEACON-IPF, a Phase 2b/3 trial in patients with idiopathic pulmonary fibrosis.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) shares tumbled 25.2% to $40.75 in pre-market trading. Semtech shares fell around 10% on Friday after Baird cut its price target on the stock from $80 to $60.</li>
<li>Oriental Rise Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORIS#NASDAQ">ORIS</a>) declined 20.2% to $0.91 in pre-market trading after falling more than 5% on Friday.</li>
<li>Replimune Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REPL#NASDAQ">REPL</a>) fell 19.6% to $11.21 in pre-market trading. Replimune announced inducement grants under Nasdaq Listing Rule 5635(c)(4).     </li>
<li>Maze Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAZE#NASDAQ">MAZE</a>) fell 9.5% to $12.11 in pre-market trading. Maze Therapeutics shares gained around 3% on Friday after the company announced that the first patient has been dosed in the company&#8217;s Phase 2 clinical trial, the HORIZON Study, of MZE829 in patients with APOL1 kidney disease.</li>
<li>Dogness (International) Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOGZ#NASDAQ">DOGZ</a>) fell 6.6% to $33.00 in pre-market trading.</li>
<li>The Manitowoc Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTW#NYSE">MTW</a>) shares dipped 6.4% to $9.12 in pre-market trading.</li>
<li>Option Care Health, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPCH#NASDAQ">OPCH</a>) fell 6% to $29.13 in pre-market trading.</li>
<li>Celestica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLS#NYSE">CLS</a>) fell 3.2% to $125.52 in pre-market trading.</li>
<li>ON Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ON#NASDAQ">ON</a>) shares declined 2.1% to $50.20 in pre-market trading ahead of quarterly earnings.</li>
</ul>
Now Read This:<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43559194/jim-cramer-likes-this-utilities-stock-i-think-youve-got-a-good-one"> </a>
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43559194/jim-cramer-likes-this-utilities-stock-i-think-youve-got-a-good-one">Jim Cramer Likes This Utilities Stock: &#8216;I Think You&#8217;ve Got A Good One&#8217;</a></li>
</ul>

Pre-Market Outlook

DOGZ

MAZE

OPCH

ORIS

REPL

TSLA

Tesla, ON Semiconductor And Other Big Stocks Moving Lower In Monday's Pre-Market Session

Needham analyst Quinn Bolton maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Buy and lowers the price target from $74 to $54.

Needham Maintains Buy on Semtech, Lowers Price Target to $54

<h3>Gainers</h3>
<ul>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares moved upwards by 37.9% to $0.08 during Monday's pre-market session. The market value of their outstanding shares is at $1.7 million. </li>
<li>Neonode (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NEON#NASDAQ">NEON</a>) shares moved upwards by 16.13% to $10.15. The company's market cap stands at $170.3 million. </li>
<li>Brand Engagement Network (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNAI#NASDAQ">BNAI</a>) stock increased by 12.19% to $0.46. The market value of their outstanding shares is at $17.4 million. </li>
<li>Monday.Com (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNDY#NASDAQ">MNDY</a>) stock rose 10.94% to $286.5. The market value of their outstanding shares is at $14.2 billion. As per the news, the Q4 earnings report came out today. </li>
<li>Diginex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DGNX#NASDAQ">DGNX</a>) shares rose 10.49% to $50.0. The company's market cap stands at $1.1 billion. </li>
<li>Foxx Development Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXX#NASDAQ">FOXX</a>) shares rose 9.07% to $4.81. The market value of their outstanding shares is at $35.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) shares decreased by 25.5% to $40.59 during Monday's pre-market session. The market value of their outstanding shares is at $3.4 billion. </li>
<li>Alpha Modus Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMOD#NASDAQ">AMOD</a>) stock decreased by 13.09% to $2.06. The market value of their outstanding shares is at $27.2 million. </li>
<li>Nortech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSYS#NASDAQ">NSYS</a>) stock fell 8.91% to $9.61. The company's market cap stands at $26.4 million. </li>
<li>Blackboxstocks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLBX#NASDAQ">BLBX</a>) shares fell 7.34% to $3.03. The company's market cap stands at $10.7 million. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNHP#NASDAQ">SLNHP</a>) shares fell 6.9% to $8.1. </li>
<li>Baijiayun Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTC#NASDAQ">RTC</a>) shares decreased by 5.77% to $0.69. The company's market cap stands at $17.5 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BLBX

DGNX

FOXX

Shares of BP p.l.c. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BP#NYSE">BP</a>) rose sharply in pre-<a href="https://www.benzinga.com/quote/BP">market trading.</a>
The Wall Street Journal reported Sunday that Elliott Management has built a stake in BP and will push for transformational changes.
BP shares jumped 6% to $34.20 in the pre-market trading session.
Here are some other stocks moving in pre-market trading.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Patriot National Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PNBK#NASDAQ">PNBK</a>) gained 70.6% to $2.44 in pre-market trading after falling over 3% on Friday.</li>
<li>Starbox Group Holdings Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STBX#NASDAQ">STBX</a>) rose 51% to $0.5020 in pre-market trading after falling around 4% on Friday.</li>
<li>MGO Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MGOL#NASDAQ">MGOL</a>) gained 43.3% to $0.5953 in pre-market trading after jumping 124% on Friday.</li>
<li>Cyngn Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) gained 32.1% to $0.0795 in pre-market trading after dipping over 28% on Friday.</li>
<li>Yoshiharu Global Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YOSH#NASDAQ">YOSH</a>) shares jumped 24.4% to $8.20 in pre-market trading after jumping 34% on Friday.</li>
<li>Microbot Medical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBOT#NASDAQ">MBOT</a>) gained 20% to $3.06 after surging around 18% on Friday.</li>
<li>Solid Biosciences Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDB#NASDAQ">SLDB</a>) shares climbed 19.1% to $3.43 in pre-market trading after dipping 8% on Friday.</li>
<li>Satellogic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SATL#NASDAQ">SATL</a>) gained 13.6% to $4.19 in pre-market trading after climbing 10% on Friday.</li>
<li>Century Aluminum Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) gained 9.4% to $20.44 in pre-market.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Fennec Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FENC#NASDAQ">FENC</a>) shares fell 54.8% to $3.00 in pre-market trading.</li>
<li>Pliant Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLRX#NASDAQ">PLRX</a>) dipped 54.5% to $3.54 in pre-market trading after the company issued an update on BEACON-IPF, a Phase 2b/3 trial in patients with idiopathic pulmonary fibrosis.</li>
<li>Mynaric AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYNA#NASDAQ">MYNA</a>) fell 32.7% to $0.2550 in today's pre-market trading after gaining over 11% on Friday.</li>
<li>PS International Group Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSIG#NASDAQ">PSIG</a>) shares fell 25.4% to $0.4701 in pre-market trading after gaining 5% on Friday.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) shares tumbled 25.2% to $40.75 in pre-market trading. Semtech shares fell around 10% on Friday after Baird cut its price target on the stock from $80 to $60.</li>
<li>Oriental Rise Holdings Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORIS#NASDAQ">ORIS</a>) declined 20.2% to $0.91 in pre-market trading after falling more than 5% on Friday.</li>
<li>Replimune Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REPL#NASDAQ">REPL</a>) fell 19.6% to $11.21 in pre-market trading. Replimune announced inducement grants under Nasdaq Listing Rule 5635(c)(4).</li>
<li>Maze Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAZE#NASDAQ">MAZE</a>) fell 9.5% to $12.11 in pre-market trading. Maze Therapeutics shares gained around 3% on Friday after the company announced that the first patient has been dosed in the company&#8217;s Phase 2 clinical trial, the HORIZON Study, of MZE829 in patients with APOL1 kidney disease.</li>
<li>Dogness (International) Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOGZ#NASDAQ">DOGZ</a>) fell 6.6% to $33.00 in pre-market trading.</li>
<li>The Manitowoc Company, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTW#NYSE">MTW</a>) shares dipped 6.4% to $9.12 in pre-market trading.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/02/43559194/jim-cramer-likes-this-utilities-stock-i-think-youve-got-a-good-one">Jim Cramer Likes This Utilities Stock: &#8216;I Think You&#8217;ve Got A Good One&#8217;</a></li>
</ul>

CENX

FENC

MBOT

MGOL

MYNA

PNBK

PSIG

SATL

SLDB

STBX

YOSH

Why BP Shares Are Trading Higher By 6%; Here Are 20 Stocks Moving Premarket

Semtech shares are trading lower after Baird cut its price target on the stock from $80 to $60.

Baird analyst Craig Ellis maintains Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) with a Outperform and lowers the price target from $80 to $60.

Baird Maintains Outperform on Semtech, Lowers Price Target to $60

Deep-pocketed investors have adopted a bearish approach towards Semtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SMTC usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for Semtech. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 25% leaning bullish and 62% bearish. Among these notable options, 5 are puts, totaling $282,540, and 3 are calls, amounting to $99,300.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $40.0 to $60.0 for Semtech over the recent three months. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Semtech stands at 463.86, with a total volume reaching 2,164.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Semtech, situated within the strike price corridor from $40.0 to $60.0, throughout the last 30 days.
<h3>Semtech Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1738945838_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>SMTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$5.7</td>
<td>$5.3</td>
<td>$5.69</td>
<td>$48.00</td>
<td>$83.7K</td>
<td>30</td>
<td align="right">147</td>
</tr>
<tr>
<td>SMTC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$5.7</td>
<td>$3.6</td>
<td>$4.2</td>
<td>$44.00</td>
<td>$83.5K</td>
<td>0</td>
<td align="right">199</td>
</tr>
<tr>
<td>SMTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$2.75</td>
<td>$2.7</td>
<td>$2.75</td>
<td>$55.00</td>
<td>$50.8K</td>
<td>1.1K</td>
<td align="right">285</td>
</tr>
<tr>
<td>SMTC</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$22.3</td>
<td>$21.8</td>
<td>$22.3</td>
<td>$40.00</td>
<td>$44.6K</td>
<td>60</td>
<td align="right">20</td>
</tr>
<tr>
<td>SMTC</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$2.95</td>
<td>$2.7</td>
<td>$2.75</td>
<td>$55.00</td>
<td>$34.3K</td>
<td>1.1K</td>
<td align="right">475</td>
</tr>
</tbody>
</table>

<h3>About Semtech</h3>
Semtech Corp is engaged in designing, developing, manufacturing and marketing analog and mixed-signal semiconductors, algorithms and wireless semiconductors, connectivity modules, gateways, routers and connected services for IoT. The company operates in four reportable segments' 1) Signal Integrity, 2) Advanced Protection and Sensing, 3) IoT System and 4) IoT Connected Services. The majority of the company's revenue is earned through Advanced Protection and Sensing Products segment. Geographically majority of the company's revenue is earned from Asia Pacific region.
Having examined the options trading patterns of Semtech, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Semtech's Current Market Status</h3>
<ul>
<li>With a trading volume of 3,036,997, the price of SMTC is down by -14.03%, reaching $52.01.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 48 days from now.</li>
</ul>
<h3>What The Experts Say On Semtech</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $85.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from UBS downgraded its action to Buy with a price target of $85. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Semtech, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

Spotlight on Semtech: Analyzing the Surge in Options Activity

U.S. stocks were higher, with the Dow Jones index gaining around 100 points on Thursday.
Shares of International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) gained 12.8% to $174.33 following the release of its fourth-quarter earnings, which surpassed analysts' expectations. The tech giant also unveiled its ambitious artificial intelligence strategy, further boosting <a href="https://www.benzinga.com/25/01/43321676/ibm-reports-q4">investor confidence</a>.
IBM reported earnings per share of $3.92, exceeding the anticipated $3.75. Revenue also edged past forecasts, reaching $17.55 billion compared to the projected $17.54 billion.
IBM shares climbed 13.7% to $259.86 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Tectonic Therapeutic, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TECX#NASDAQ">TECX</a>) shares jumped 97.5% to $50.80 after interim results showed TX45 achieved improvements in hemodynamics that met and exceeded prespecified objectives.</li>
<li>NetScout Systems, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTCT#NASDAQ">NTCT</a>) gained 19.5% to $26.70 after the company reported better-than-expected quarterly financial results.</li>
<li>Flagstar Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FLG#NYSE">FLG</a>) gained 16.6% to $11.19 after the company reported better-than-expected quarterly financial results.</li>
<li>Oshkosh Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSK#NYSE">OSK</a>) shares rose 15.4% to $110.40 after the company beat fourth-quarter EPS and revenue estimates, initiated FY25 EPS guidance above expectations and raised its quarterly dividend by 11%.</li>
<li>Butterfly Network, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BFLY#NYSE">BFLY</a>) gained 14% to $4.0000 after the company announced a $75.6 million public offering of class A common stock.</li>
<li>Celestica Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLS#NYSE">CLS</a>) rose 14% to $114.54 following better-than-expected fourth-quarter financial results and first-quarter guidance issued above estimates.</li>
<li>ACM Research, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACMR#NASDAQ">ACMR</a>) shares gained 14% to $19.92 after Kerrisdale Capital announced a long position in the stock.</li>
<li>Credo Technology Group Holding Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRDO#NASDAQ">CRDO</a>) rose 11.8% to $65.76.</li>
<li>Calix, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CALX#NYSE">CALX</a>) gained 10.5% to $40.76 after the company reported better-than-expected quarterly financial results.</li>
<li>Semtech Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NASDAQ">SMTC</a>) rose 10.4% to $66.54.</li>
<li>Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>) gained 8.8% to $47.27 after the company reported better-than-expected quarterly revenue results.</li>
<li>Check Point Software Technologies Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHKP#NASDAQ">CHKP</a>) gained 8.5% to $221.22 following a fourth-quarter adjusted EPS and revenue beat..</li>
<li>Roper Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROP#NYSE">ROP</a>) rose 7% to $579.97 after the company reported better-than-expected quarterly financial results.</li>
<li>Nokia Oyj (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) gained 7% to $4.75 after the company reported better-than-expected fourth-quarter financial results.</li>
<li>Domino&#8217;s Pizza, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>) climbed 6.6% to $456.16.</li>
<li>Quest Diagnostics Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DGX#NYSE">DGX</a>) rose 5.5% to $164.07 following upbeat quarterly earnings.</li>
</ul>

Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/markets/25/01/43336168/jim-cramer-likes-this-tech-stock-terrific-business-niche-business">Jim Cramer Likes This Tech Stock: &#8216;Terrific Business, Niche Business&#8217;</a></li>
</ul>

ACMR

BFLY

CALX

CHKP

CRDO

NTCT

TECX

IBM Posts Upbeat Earnings, Joins Oshkosh, Las Vegas Sands, Nokia, Quest Diagnostics And Other Big Stocks Moving Higher On Thursday

ALAB

AMBA

AMKR

AOSL

ATOM

CAMT

ENTG

FORM

HIMX

ICHR

INTC

KLIC

LAES

LEDS

MKSI

NVMI

NVTS

ONTO

Penguin Solutions, Inc. - Ordinary Shares

PENG

QUIK

RGTI

RMBS

SITM

SKYT

TSEM

UCTT

VECO

WOLF

Shares of semiconductor companies are trading lower amid AI competition concerns from China's DeepSeek AI model.

Semtech's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMTC#NYSE">SMTC</a>) short percent of float has fallen 3.27% since its last report. The company recently reported that it has 7.16 million shares sold short, which is 10.66% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.02 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Semtech Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1737648013_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Semtech has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Semtech's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Semtech's peer group average for short interest as a percentage of float is 8.94%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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Looking Into Semtech's Recent Short Interest

Press Releases

Shareholder Alert: Robbins LLP Informs Investors of Semtech Corporation Class Action

Legal

SMTC LEGAL DEADLINE: Semtech Corp. Investors that Lost Money are Alerted of Pending Class Action – Contact BFA Law by April 22 Court Deadline (NASDAQ:SMTC)

SMTC INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Semtech Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Law Offices of Howard G. Smith Encourages Semtech Corporation (SMTC) Investors To Inquire About Securities Fraud Class Action

Law Offices of Frank R. Cruz Encourages Semtech Corporation (SMTC) Investors to Inquire About Securities Fraud Class Action

Semtech Announces Upcoming Investor Conference

Semtech Corporation Shareholder Notice: Shareholder Rights Law Firm Robbins LLP Reminds Investors of the Class Action Against SMTC

SMTC Investors Have Opportunity to Lead Semtech Corporation Securities Fraud Lawsuit

SEMTECH ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Semtech Corporation and Encourages Investors to Contact the Firm

SEMTECH CORPORATION (NASDAQ: SMTC) INVESTOR ALERT: Investors With Large Losses in Semtech Corporation Should Contact Bernstein Liebhard LLP To Discuss Their Rights

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