![]() ![]() (NASDAQ:AMZN), Canon Inc (NYSE:CAJ), Cisco Systems Inc (NASDAQ:CSCO), HP Inc (NYSE:HPQ), Lockheed Martin Corporation (NYSE:LMT), Microsoft Corporation (NASDAQ:MSFT), and Raytheon Technologies Corp (NYSE:RTX). The company’s growing and enviable list of customers includes Alphabet Inc (NASDAQ:GOOG),, Inc. (Source: “ Corporate Overview: February 2022,” Lattice Semiconductor Corp, last accessed April 28, 2022.) Lattice Semiconductor Corp serves blue-chip clients in growing end markets such as communications (5G wireless, switches/routers), computing (servers, client), industrial (Internet of Things, factory automation), automotive (infotainment, advanced driver assistance), and consumer and broadcasting (smartphones, wearables, smart homes). Basically, the company helps its customers implement their own designs, create lower development costs, and improve overall time-to-market. The company is the leading provider of low-power, programmable, smart-connectivity technology. (Source: “ Lattice Semiconductor Reports Fourth Quarter and Full Year 2021 Results,” Lattice Semiconductor Corp, February 15, 2022.) Even their low estimate of $68.00 supports potential gains of 44%.Ĭhart courtesy of About LSCC Stockįrom the edge to the cloud, Lattice Semiconductor solves the biggest communications, data center, industrial, automotive, and consumer challenges. This points to potential gains of 68% to 101%. Of the analysts providing a 12-month price target for Lattice Semiconductor stock, their average estimate is $79.50 and their high estimate is $95.00. Wall Street analysts see the potential in LSCC stock that many investors have overlooked. Lattice Semiconductor Corp's management also did what it normally does, provide strong guidance, saying the company should report first-quarter 2022 revenue growth of approximately 27%. Under so-called normal circumstances, Lattice Semiconductor stock would likely be ripping higher.Įarlier this year, the company reported wonderful fourth-quarter results. These dismal numbers have nothing to do with what’s been going on at Lattice Semiconductor Corp. Lattice Semiconductor stock's performance has also been underwhelming. As of this writing, the iShares Semiconductor ETF (NASDAQ:SOXX) is down by 26% year-to-date and 7.6% year-over-year. This has sent much of the tech stock market into the red. The only downside right now is that tech stocks have been selling off on concerns about rising interest rates, inflation, microchip shortages, and growing calls for a major recession. ![]() This isn’t the case with Lattice Semiconductor Corp (NASDAQ:LSCC), an overlooked 5G company that continues to report excellent results and provide robust guidance. A company can post great financial results but an underwhelming guidance and, more often than not, its share price will fall. The stock market is a forward-looking indicator. Lattice Semiconductor Corp Bullish on Strong Guidance ![]()
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