Lattice Semiconductor Corporation (LSCC)

Lattice Semiconductor jumped 10.36% in the last session to $122.77, and the stock is up 14.47% over the past week. The move comes after a run of Buy and Outperform reiterations from Stifel, Rosenblatt, TD Cowen and William Blair in October and November, and the shares sit 65% of the way up their 52-week range. The question for investors is whether the revenue rebound and the analysts' earnings forecasts can keep pace with a valuation that already prices in a great deal of growth. The business is clearly accelerating. Revenue grew 62.20% in the latest quarter from a year earlier, and analysts expect this fiscal year's revenue to rise 90.8%. Against that, the stock trades on a trailing P/E of 361.09, far above the sector median of 35.1.

The stock rose 10.36% in the last session on volume 11.2% below its average, and it is up 14.47% over one week. No specific cause for the session move has been reported, so the move is best read alongside the analyst activity of recent weeks. Stifel and Rosenblatt both kept Buy ratings on November 3, 2026, TD Cowen kept its Buy on October 19, 2026, and William Blair began coverage at Outperform on October 6, 2026. Those reiterations came before the session's gain, and they signal that research desks still see upside after a stock that is up 85.85% over the past year.

Revenue grew 62.20% in the latest quarter year on year, well ahead of the sector median growth of 24.2%. Analysts expect revenue of $998.2M this fiscal year, growth of 90.8%. Profitability has not caught up. The net profit margin is 5.5%, operating margin is 13.09%, and return on equity is 4.21%, below the sector median of 13.4%. Trailing GAAP earnings are $0.34 per share, which leaves a trailing P/E of 361.09. The P/E is at a premium to peers, and the price-to-sales ratio of 26.82 is 252.9% above the sector median of 7.6.

Over the last 18 months insiders sold $22.4M of stock in 40 sales and bought $2.9M in two open-market purchases. Insider sales are often planned in advance or made to cover tax on vesting shares, so they carry less signal than open-market buying. The purchases are small against the sales, but they are the only open-market insider purchases over the last 18 months.

The base case rests on Lattice turning its revenue rebound into earnings while the stock holds its recent range. Analysts expect EPS of $2.51 this fiscal year and $4.39 next year, which would be growth of 139.3% and 74.6%, and they expect revenue to rise 90.8% this year. If those estimates hold and quarterly revenue keeps growing faster than the sector, the 200-day average at $116.67 and the 50-day average at $113.92 should keep acting as support, with the median analyst target of $160.00 as the reference point. That median sits 30.3% above the price, though it is the analysts' figure, not CleaRank's. The case weakens if earnings growth slows relative to the valuation. A trailing P/E of 361.09 leaves little room for a disappointing quarter, and with a beta of 1.91 and a typical daily move of 5.39%, sharp swings in either direction are normal for this stock. A close back below the 200-day average would weaken the trend that currently supports the shares. The lowest analyst target of $95.44 shows how far views could diverge if the growth story falters.

Support sits at $116.67, the 200-day simple moving average, which is the nearest level below the price. Below it is the 50-day simple moving average at $113.92, then the 20-day exponential moving average at $108.58. The 52-week low of $60.50 is the far floor. Resistance is the 52-week high at $157.01, the nearest level above the price. A move toward that level would have to clear the analysts' median target of $160.00, which sits just above it.