LSCC · Lattice Semiconductor Corp
AI read · Good for LSCC
The AI's read
Lattice beat Q2 and raised Q3 guide hard: EPS $0.53 vs $0.44 and revenue $201.079m vs $185.451m, then guided $0.54–$0.58 and $210–$230m in sales. Analysts immediately bumped price targets higher. The stock has only moved ~4.5% since the print and RSI is 63, so momentum exists but the name isn't stretched yet. That leaves room for follow-through if guidance proves sustainable. Bottom line: we lean bullish because the beats plus a bigger guide and analyst lifts create asymmetric upside. Conviction 84 given fresh, company-specific upside and limited price action so far.