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Lattice Semiconductor Corporation (LSCC)

NEUTRAL
TechnologySemiconductorsUnited States

Fundamental

56

Price

$115.06

Market Cap

$16.10B

Part 1 · What the company is worth

Overview

Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas. It offers field programmable gate arrays (FPGA), which are regular arrays of logic that can be custom-configured by the user through software. The company's products include small FPGA platforms, including Lattice Nexus and Lattice Nexus 2; Lattice Avant, a mid-range FPGA platform; general purpose FPGA, such as Lattice Avant-G, Certus-NX, CertusPro, and Certus-N2; and specialized FPGAs, which includes Lattice Avant-E, Avant-X, SCP, MachXO, iCE, CrossLink,and CrossLinkPlus. It also provides design software that includes Lattice Radiant to deliver tools that enable predictable design convergence; Lattice Propel for creating embedded processor-based designs; develops Lattice Automate for industrial automation and robotics; Lattice mVision forlow power embedded vision; Lattice ORAN for control data security, fronthaul synchronization, and low power hardware acceleration; Lattice sensAI for Edge AI applications; Lattice Sentry for hardware security implementation; and Lattice Drive for automotive system designs and applications. In addition, the company offers Glance, an edge AI application software that allows users to control the AI and computer vision experiences for various edge applications, including client computing, industrial, and automotive applications; and sells video connectivity application specific standard products. Further, it provides standard IP and IP core licensing, patent monetization, and IP services. The company serves communications and computing, industrial and automotive, and consumer markets. Lattice Semiconductor Corporation was incorporated in 1983 and is headquartered in Hillsboro, Oregon.

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Balance Sheet & Liquidity

Revenue

$651M

Trailing 12 months (through 7/4/2026)

Net Income

$36M

Trailing 12 months (through 7/4/2026)

Free Cash Flow

$133M

Total Equity

$714M

Total Liabilities

$169M

Current Ratio

3.02

Interest Coverage

217.07

Debt/EBITDA

0.41

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

Fairly Valued

Fair Value

$108.50

Current Price

$115.06

Margin of Safety

-6.0%

Fair Value Range

$70.52 - $146.47

Estimation Methods

Analyst Target:$164.92
DCF:$14.38
PE-based:$14.64
Graham Growth:$1.87
EPV:$1.84
Analyst Consensus:Strong Buy (18B / 2H / 1S)
Last Earnings Surprise:+17.05%

Valuation Metrics

P/E Ratio

439.04

ROE

0.4%

P/B Ratio

20.59

P/FCF

81.47

Gross Margin

69.0%

ROIC

4.6%

Profitability Radar

Value Creation (Economic Moat)

ROIC

4.6%

WACC

14.7%

ROIC − WACC

-10.1 pp

ROIC is below the cost of capital — the company is destroying value for every dollar invested.

Fundamental Analysis Criteria

Passed (15)

  • EPS shows upward trend
  • Price CAGR 31.95%
  • Gross Margin 69.0%
  • Debt/Equity ratio
  • Operating Margin 7.4%
  • Positive Free Cash Flow
  • CapEx intensity
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Revenue Growth 5Y 5.1%
  • Analyst Consensus 86% Buy
  • Earnings Surprise avg 5.7%
  • Earnings Quality (OCF/NI) 6.70

Failed (10)

  • ROIC 4.6%
  • P/FCF 81.47
  • P/B Ratio 20.59
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • ROE 4.9%
  • Share Dilution 11.0%
  • Net Margin Trend 5.6% vs 6.5%
  • Piotroski F-Score 4/9

Unavailable (2)

  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

4/9

Mixed signals: some areas need attention

score
criteria

Earnings Quality

6.70

High quality: earnings backed by cash

Share Dilution

11.0%

Issuing new shares, diluting ownership

Governance

Executive Team

NameTitleAge
Dr. Fouad G. Tamer Ph.D.CEO, President & Director63
Mr. Lorenzo A. FloresSenior VP & CFO60
Mr. Esam ElashmawiSenior VP and Chief Strategy & Marketing Officer56
Mr. Erhaan ShaikhSenior Vice President of Worldwide Sales57
Mr. Pravinchandra DesaleSenior Vice President of Research & Development55
Mr. Divyesh ShahSenior Vice President of Global Operations & Quality-
Mr. Rick MuschaSenior Director of Investor Relations-
Ms. Tracy Ann Feanny J.D.Senior VP, General Counsel & Secretary51
Ms. Nicole SingerChief People Officer-
Mr. Jerry XuPresident of Asia Pacific Region-

Audit Risk

2

Board Risk

2

Compensation Risk

4

Shareholder Rights Risk

3

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for LSCC, sourced from Markets Gazette.

No recent news for LSCC.