Semtech stock rises 12.6% after Q3 fiscal 2027 results date announcement

Semtech stock rises 12.6% after Q3 fiscal 2027 results date announcement
Semtech stock rises 12.6% today

Semtech will release its third quarter fiscal 2027 financial results after the market close on November 23, 2026. The stock is up 12.6% on the day at $116.64.

Highlights

  • Semtech will report third quarter fiscal 2027 financial results after the market closes on November 23, 2026.
  • Shares of Semtech are up 12.6% at $116.64 with a market capitalization near $17.47 billion and trailing revenue of $1.17 billion.
  • 55 of 61 analysts rate Semtech stock a buy, with a median price target of $217.5 and no sell ratings.

Semtech will publish its third quarter fiscal year 2027 results after the market closes on November 23, 2026. The live webcast covering business conditions and the company outlook is scheduled for 1:30 p.m. PT, with a replay and transcript available after the call, according to Stock Titan. The company operates in the semiconductor industry and has 1,920 employees.

Bearish daily setup as shares approach oversold conditions

RSI at 34.7 is nearing oversold territory, hinting that the recent decline in shares of Semtech may be getting stretched. The stock remains below its MA-20, MA-50, and MA-200, keeping the daily chart structure bearish. The nearest resistance is at the MA-200 at $125.82, which defines the first upside level should the price attempt to recover.

Downside odds predominate as traders eye the $90.93 level

A close above $125.82 would show buyers are willing to follow through and begin to price in the revenue-driven move. With RSI nearing oversold levels, further downside could become limited if the price continues to stabilize. For the coming trading week, downside probability is 72% and upside probability is 28%, with an expected trading range between $97.83 and $135.44. Despite a sustained move higher with a firm trend over the past week, from here traders will be watching for rejection if the price falls below $90.93. On the weekly chart the longer-term picture stays mixed.

Previously it was reported that Semtech's 5G RedCap modem received AT&T certification, supporting a constructive long-term outlook for the company. With the stock now trading below major moving averages and a bearish daily structure ahead of the Q3 earnings release, traders should watch for a potential shift if shares reclaim the $125.82 resistance level.

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