New York, Jan 17, 2026, 21:13 EST — Market closed.
- LSCC closed Friday 2.4% lower at $83.22, hitting a low of $81.52 earlier in the session.
- Despite the stock dipping, TD Cowen bumped up its price target for Lattice to $100.
- U.S. markets remain closed Monday as investors shift focus to next week’s earnings and Lattice’s early-February reporting slot.
Lattice Semiconductor Corp (LSCC.O) shares dropped 2.4% on Friday, closing at $83.22. The stock fluctuated between $81.52 and $87.13 during the session, with volume easing to roughly 2.7 million shares ahead of the holiday break.
It’s significant since U.S. stock markets will be closed Monday for Martin Luther King Jr. Day, shifting the next session to Tuesday and squeezing the week’s key events into a shorter timeframe. (New York Stock Exchange)
As the calendar fills up, investors are relying more heavily on earnings season to guide the market’s path. “It is literally an imperative that earnings actually carry the news cycle,” said Art Hogan, chief market strategist at B Riley Wealth, in a Reuters Week Ahead column. (Reuters)
TD Cowen’s Joshua Buchalter raised his price target on Lattice to $100 from $85 but held steady on his rating, according to a report from StreetInsider on Friday. (Streetinsider)
A separate filing revealed a routine insider transaction linked to compensation. Sales SVP Erhaan Shaikh had 652 shares withheld at $85.23 each to cover taxes on restricted stock units, leaving him with 77,608 shares, according to a Form 4 submitted to the SEC. (SEC)
Friday’s drop happened while the broader market hovered close to flat ahead of the long weekend. Chip stocks fared better by comparison. “Most investors will take that as a win,” said Ameriprise Financial chief market strategist Anthony Saglimbene, as earnings season got underway. (Reuters)
Lattice is a lesser-known player in the chip industry, specializing in field-programmable gate arrays, or FPGAs — chips that customers can customize post-manufacture for particular functions. The company zeroes in on low-power devices, commonly found in embedded systems where managing heat and preserving battery life are critical.
The field is packed. Bigger players like AMD, which absorbed Xilinx’s FPGA division, and Intel with its programmable logic products, compete closely. They generally respond to similar demand trends coming from industrial, communications, and “edge” computing spending.
The setup works both ways. If upcoming earnings in tech and chips deliver cautious forecasts — or if clients continue to trim inventories — smaller suppliers could face big swings even without new company announcements.
LSCC’s upcoming quarterly report is the next major event to watch. MarketBeat shows Lattice’s earnings release scheduled for Feb. 9 after the market closes, but the company hasn’t officially confirmed this date. (Marketbeat)
