LSCC

Lattice Semiconductor Corp.

TMT


Presented:01/29/2024
Price:$63.72
Cap:$8.80B
Current Price:$48.93
Cap:$6.74B

Presented

Date01/29/2024
Price$63.72
Market Cap$8.80B
Ent Value$11.92B
P/E Ratio41.98x
Book Value$4.54
Div Yield0%
Shares O/S138.03M
Ave Daily Vol2,480,540
Short Int11.43%

Current

Price$48.93
Market Cap$6.74B
Lattice Semiconductor Corp. designs, develops, and markets programmable logic products and related software. The company was founded in 1983 and is headquartered in Hillsboro, OR.

Publicly traded companies mentioned herein: Microchip Technology Inc (MCHP), Intel Corp (INTC), Lattice Semiconductor Corp (LSCC)

Highlights

The presenter is short Lattice Semiconductor Corp (LSCC), due to the belief that the company will likely miss consensus estimates in 2024 as they were late to correct guidance compared to peers. LSCC basically kicked the can down the road and has just started correcting in Q4 vs peers who started Q2 and Q3. While the company has made strategic changes and introduced new products, their impact remains uncertain in the near-term with the potential for 2024 estimates to roll forward to 2025, which could result in downside in the stock to the $40-$50 range. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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