NEW YORK, April 17, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Semtech Corporation (NASDAQ: SMTC).Shareholders who purchased shares of SMTC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/semtech-corporation-loss-submission-form/?id=143330&from=4CLASS PERIOD: August 27, 2 ...

Core Viewpoint - A class action lawsuit has been filed against Semtech Corporation due to alleged undisclosed issues with its CopperEdge products, which have negatively impacted sales and led to a significant drop in stock price [1][5]. Company Performance - Semtech's stock price was cut from $80 to $60 by Robert W. Baird & Co. due to slower-than-expected uptake of its active copper cables, resulting in a decline of $5.99 in share price on February 7, 2025 [3]. - Following a Current Report filed on February 7, 2025, Semtech disclosed that net sales from its CopperEdge products for fiscal year 2026 are expected to be lower than the previously estimated $50 million, leading to a further drop of $16.91 in share price, approximately 31%, closing at $37.60 on February 10, 2025 [4]. Legal Issues - The class action lawsuit alleges that Semtech failed to disclose heating issues with its CopperEdge products, which caused NVIDIA to reduce its purchases and develop its own processing unit [5].

NEW YORK, April 16, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semtech Corporation (NASDAQ: SMTC) between August 27, 2024 and February 7, 2025, both dates inclusive (the “Class Period”), of the important April 22, 2025 lead plaintiff deadline. SO WHAT: If you purchased Semtech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement ...

NEW YORK, April 15, 2025 /PRNewswire/ --Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semtech Corporation (NASDAQ: SMTC) between August 27, 2024 and February 7, 2025, both dates inclusive (the "Class Period"), of the important April 22, 2025 lead plaintiff deadline.So what: If you purchased Semtech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.What t ...

SAN DIEGO, April 15, 2025 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Semtech Corporation (NASDAQ: SMTC) securities between August 27, 2024 and February 7, 2025, inclusive (the "Class Period"), have until Tuesday, April 22, 2025 to seek appointment as lead plaintiff of the Semtech class action lawsuit.  Captioned Kleovoulos v. Semtech Corporation, No. 25-cv-01474 (C.D. Cal.), the Semtech class action lawsuit charges Semtech as well as certain of Semtech's top e ...

PHILADELPHIA, April 15, 2025 (GLOBE NEWSWIRE) -- Berger Montague PC advises investors that a securities class action lawsuit has been filed against Semtech Corporation (“Semtech” or the “Company”) (NASDAQ: SMTC) on behalf of purchasers of Semtech securities between August 27, 2024 through February 7, 2025, inclusive (the “Class Period”). Investor Deadline: Investors who purchased or acquired SEMTECH securities during the Class Period may, no later than APRIL 22, 2025, seek to be appointed as a lead plaintif ...

LOS ANGELES, April 14, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Semtech Corporation ("Semtech" or "the Company") (NASDAQ: SMTC) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.Investors who purchased the Company's securities between August 27, 2024 and February 7, 2025, inclusive (the "Class Period"), a ...

SAN FRANCISCO, April 14, 2025 (GLOBE NEWSWIRE) -- Semtech Corporation (NASDAQ: SMTC) is navigating a turbulent period, facing a securities class-action lawsuit alleging investor deception regarding its CopperEdge product line. Recent comments from the company’s CEO during the Q4 2025 earnings call have brought the company's close relationships with key customers into sharper focus, raising questions about prior awareness of product-related challenges. Hagens Berman is investigating the alleged claims and ur ...

Core Viewpoint - Securities class action lawsuits have been filed against Semtech Corporation for allegedly making materially false and misleading statements regarding its business and operations during the specified Class Period from August 27, 2024, to February 7, 2025 [1]. Group 1: Allegations Against Semtech - The complaint claims that Semtech's CopperEdge products did not meet the needs of its server rack customers or end users [2]. - It is alleged that the CopperEdge products required certain architectural changes in server racks, which were not disclosed to investors [2]. - As a result of these issues, Semtech's sales of CopperEdge products are expected to be lower than anticipated, contradicting previous positive statements made by the company [2]. Group 2: Lead Plaintiff Process - Investors in Semtech have until April 22, 2025, to seek appointment as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel [3]. - The lead plaintiff will represent all class members in directing the litigation and is typically the investor or small group of investors with the largest financial interest [3]. - The decision to serve as a lead plaintiff does not affect an investor's ability to share in any recovery from the lawsuit [3]. Group 3: Firm Background - Kessler Topaz Meltzer & Check, LLP has a reputation for prosecuting class actions and has recovered billions for victims of corporate misconduct [4]. - The firm aims to protect investors and others from fraud and negligence by businesses [4].

Group 1: Growth Stock Characteristics - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to their inherent risks and volatility [1] - The Zacks Growth Style Score system helps identify promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] Group 2: Semtech's Growth Potential - Semtech (SMTC) is currently recommended as a growth stock, boasting a favorable Growth Score and a top Zacks Rank [2] - The historical EPS growth rate for Semtech is 2.3%, but projected EPS growth for this year is expected to be 92.9%, significantly higher than the industry average of 22.4% [4] - Semtech's asset utilization ratio is 0.66, indicating that the company generates $0.66 in sales for every dollar in assets, outperforming the industry average of 0.49 [5] - The company's sales are projected to grow by 15.3% this year, compared to the industry average of 12.1% [6] Group 3: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with stock price movements, making them a critical factor for investors [7] - The current-year earnings estimates for Semtech have increased by 12.4% over the past month, indicating a favorable outlook [8] Group 4: Overall Assessment - Semtech has achieved a Growth Score of A and a Zacks Rank of 2, suggesting it is a solid choice for growth investors and a potential outperformer [10]