Semtech raises Q3 net sales outlook to $417.5 million, plus or minus $2.5 million
SMTC•Semtech raised its fiscal Q3 2027 net sales outlook to $417.5 million, plus or minus $2.5 million, and increased adjusted diluted earnings guidance to $1.14 per share, plus or minus $0.02. Its fiscal 2030 framework targets $3.2 billion in net sales.
1. Higher quarterly outlook
On October 15, 2026, Semtech raised its fiscal Q3 2027 net sales guidance to $417.5 million, plus or minus $2.5 million, from $410 million, plus or minus $5 million. Adjusted diluted earnings guidance increased to $1.14, plus or minus $0.02 per share, from $1.05, plus or minus $0.03. Adjusted operating margin is projected at 33%, plus or minus 10 basis points, compared with 31%, plus or minus 60 basis points.
2. Fiscal 2030 targets
Semtech’s fiscal 2030 framework targets $3.2 billion in net sales, including $2.1 billion from data centers. It targets adjusted diluted earnings of $12.40 to $13.00 per share and adjusted operating margin of 48% to 50%.
