Lattice Semiconductor Corporation (LSCC) Stock Analysis 2026

TechnologySemiconductors — Low Power FPGAs
$103.00
as of 2026-10-29
+85.9% (52-week)50D MA $129.28  |  200D MA $107.24

BriMind AI Score

Proprietary
60
Moderate
Price CAGR
29.9%
1Y Return
+41.2%
Analyst Upside
+59.7%
Rev Growth
62.2%

Score based on historical price CAGR, revenue growth, analyst upside, and valuation factors. Updated daily.

BriMind 1-Year Price Target

$125.93+22.3% potential
Bear Case
$92.98
Bull Case
$161.68
Model Confidence90%

An even blend of the BriMind AI model's DCF and momentum target ($93.86) and Wall Street's consensus target ($158.00).

AI scores and price targets are for informational and educational purposes only. They do not constitute financial advice or a recommendation to buy or sell any security. Past performance is not indicative of future results. Always conduct your own research before making investment decisions. Full Disclaimer →

About Lattice Semiconductor Corporation

Lattice Semiconductor designs small, low-power field programmable gate arrays — chips whose logic customers configure themselves — targeted at applications where power consumption, size, and cost matter more than maximum performance. Its devices handle control, interface bridging, and hardware security functions in communications equipment, servers, industrial systems, and automotive electronics.

How Lattice Semiconductor Makes Money

Lattice sells programmable logic devices plus the design software and reference solutions customers use to configure them, generating revenue as design wins ramp into production. Focusing on the low-power, small-form-factor segment avoids direct competition with the large FPGA vendors that dominate high-performance applications. Growth comes from new device families expanding addressable applications and from design win conversion into volume shipments.

Lattice Semiconductor Revenue & Profitability Breakdown

This chart shows how Lattice Semiconductor's revenue flows through to profit. Each row deducts a layer of costs: first the direct cost of making products/services (Cost of Revenue), then operating expenses like marketing and R&D, then taxes. What remains at the bottom is net income — the actual profit shareholders own. High gross and net margins indicate a business with strong pricing power and efficiency.

Revenue
$651.1M
Cost of Revenue
-$201.7M
Gross Profit
$449.4M69.0% margin
Operating Expenses
-$362.6M
Operating Income
$86.8M13.3% margin
Tax & Other
-$50.5M
Net Income
$36.3M5.6% margin
Gross Margin
69.0%
Operating Margin
13.3%
Net Margin
5.6%

Key Financial Metrics

Lattice Semiconductor Corporation trades at a trailing P/E of 455.12x, generates $155.1M in free cash flow, runs a debt/equity ratio of 4.84, and converts shareholder equity into profit at a 4.9% return on equity. For context: P/E ratio measures how much you pay for $1 of earnings (lower = cheaper, but fast-growing companies command higher P/E); Free Cash Flow is the cash left after running the business; Debt/Equity shows how leveraged a company is; Return on Equity shows how efficiently it turns shareholder capital into profit.

Market Cap
$16.16B
P/E (Trailing)
455.12
P/E (Forward)
35.41
PEG Ratio
0.59
Price / Book
19.82
Revenue
$651.1M
Revenue Growth
62.2%
Earnings Growth
600.0%
EPS (Trailing)
$0.25
EPS (Forward)
$3.21
Gross Margin
69.0%
Operating Margin
13.3%
Net Margin
5.6%
Return on Equity
4.9%
Return on Assets
3.9%
Free Cash Flow
$155.1M
Debt / Equity
4.84
Current Ratio
3.02
Quick Ratio
2.07
Beta
1.80
Dividend Yield
None
Payout Ratio
0.0%
Insider Ownership
0.6%
Inst. Ownership
103.2%
Short % Float
7.0%
Book Value / Share
$5.74

Wall Street Analyst Consensus

Wall Street analysts covering Lattice Semiconductor Corporation currently haven't converged on a clear consensus rating, with a mean 12-month price target of $164.54 (+59.7% vs the current price). Analysts set these targets after researching a company's earnings, competitive position, and industry trends — Strong Buy / Buy means the majority expect meaningful upside, while Hold means fair value near the current price rather than a sell signal.

Mean Target$164.54+59.7% upside

Intrinsic Value Estimates for LSCC

We use 3 valuation models to estimate LSCC's intrinsic value. Intrinsic value is what a stock is truly worth based on the company's fundamentals, independent of what the market prices it at today. If multiple models agree the stock is undervalued, that convergence is a stronger signal.

Graham Number
$5.68
-94.5% vs current
Benjamin Graham's formula: √(22.5 × EPS × Book Value). A conservative floor value for stable, profitable companies. Works best for value-oriented businesses.
P/E Based (15× trailing)
$3.75
-96.4% vs current
Multiplies trailing 12-month earnings per share by 15× — a historically average P/E for the stock market. Simple but ignores future growth.
P/E Based (15× forward)
$48.19
-53.2% vs current
Multiplies next year's estimated earnings per share by 15×. More forward-looking; useful for high-growth companies where current earnings understate potential.
Fair Value Range
$3.75 – $48.19
Average Estimate
$19.21
Potential Downside
-81.4%

Intrinsic value estimates use simplified models (Graham, DCF, P/E) and conservative assumptions. They should be used as one input among many — not as sole buy/sell guidance. For advanced analysis, see the full platform.

Technical Price Signals

LSCC is currently in a short-term downtrend, trading below its 50-day average of $129.28 and below its 200-day average of $107.24. Moving averages smooth out day-to-day volatility to reveal the underlying trend — a Golden Cross (50MA crosses above 200MA) is a classic bullish signal, a Death Cross is bearish, though both are lagging indicators that confirm trends rather than predict them.

Current Price
$103.00
50-Day MA
$129.28
▼ Price below
200-Day MA
$107.24
▼ Price below
Short-term Downtrend
Below 50-day MA — caution

LSCC Investment Case: Bull vs Bear

LSCC's investment case breaks down into 4 bull points and 4 bear points below. The bull case outlines the key reasons the stock could outperform — competitive advantages, growth catalysts, and market tailwinds. The bear case highlights the most significant risks. A strong bull case with manageable bear risks typically makes for a more compelling investment.

Bull Case (Reasons to Buy)

  • Focus on low-power, small FPGAs occupies a segment the largest competitors treat as secondary.
  • Servers and AI systems use these devices for control, management, and hardware security functions in growing quantities.
  • New product families have expanded the addressable market into mid-range applications previously out of reach.
  • Gross margins have improved substantially through mix shift toward newer, higher-value devices.

Bear Case (Key Risks)

  • Industrial and communications end markets have gone through prolonged inventory corrections, suppressing revenue.
  • Large FPGA vendors could push down into the low-power segment with competitive parts.
  • Revenue base is small relative to design and software investment requirements, limiting operating leverage in downturns.
  • Customer inventory digestion can delay revenue well after underlying demand has recovered.

What to Watch: LSCC Key Metrics

Revenue growth by end market
Gross margin
Channel inventory levels
New product revenue contribution
Operating expenses and margin

LSCC Stock — Frequently Asked Questions

Compare LSCC with Peers

LSCC vs MCHPLattice Semiconductor vs Microchip Technology — FPGA Sp

Further Reading

Research and guides that put LSCC’s numbers in context — how to read the filings behind them, and the frameworks we use to score them.

FundamentalsWarren Buffett Retired 2026: Berkshire Portfolio Under Greg AbelBeginnerWhat Is an AI Stock Score? How BriMindInvest Ranks StocksMarket TheoryStock Market Seasonality: Monthly Returns, 'Sell in May,' and What History SaysMarket TheoryWe Backtested 929 Insider Cluster Buys — The Signal Everyone Trusts Loses to the S&P 500

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Data sources: Financial metrics and market data sourced from company SEC filings, earnings releases, and investor relations disclosures. Price data, analyst consensus targets, and fundamental financials provided by financial market data providers. ETF data sourced from official fund prospectuses and index provider publications. AI scores and price targets are proprietary estimates — see our Methodology and Disclaimer for details.
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