New York, Feb 12, 2026, 09:01 EST — Premarket
- LSCC traded just about 0.1% higher before the bell, sticking near its Wednesday close.
- Lattice projected first-quarter revenue in the range of $158 million to $172 million, and bumped up its share repurchase authorization, too.
- After the company released its most recent quarterly numbers and guidance, Wall Street analysts bumped up their price targets.
Shares of Lattice Semiconductor (LSCC) were changing hands at $105.85, nudging up 0.1% in premarket trading Thursday. The stock’s been holding steady after its recent rally, fueled by an upbeat outlook and news of a bigger share repurchase program.
Shares ended Wednesday at $105.77, climbing 16.3%. The stock moved between $101.18 and $107.73 throughout the day, according to Investing.com data. Volume hit around 6.12 million shares—well above average.
This marks a notable turn. Lattice’s guidance hints at a changed outlook on growth for the specialty chipmaker, after much of last year was devoted to working through surplus inventory at distributors. The stock tends to move fast on any signal of softness.
Lattice’s field-programmable gate arrays—better known as FPGAs—show up in everything from data centers to industrial equipment and communications gear. Lately, the company is leaning hard into “companion” applications, aiming its chips at places that demand tight power budgets and minimal latency.
Lattice posted its fourth-quarter and full-year numbers for the period ending Jan. 3, 2026, in an SEC filing dated Feb. 10.
Lattice delivered $145.8 million in fourth-quarter revenue, turning in non-GAAP earnings of 32 cents per share. For the current quarter, management sees revenue landing somewhere between $158 million and $172 million, with non-GAAP EPS targeted in the 34 to 38 cent band. The board authorized an additional $250 million for stock repurchases, after buying back about $100 million earlier in 2025. CEO Ford Tamer pointed to “server revenues up approximately 85% year over year.” Business Wire
Analysts surveyed by FactSet had expected fourth-quarter sales of roughly $143.2 million, Investor’s Business Daily reported. Wall Street’s projections for the current quarter also trailed Lattice’s guidance on both adjusted earnings and revenue. The stock jumped more than 9% after hours once the results were out.
During the call, Tamer said Lattice’s FPGA attach rate in servers should hit more than three units per server by 2026, with average selling prices also heading higher. CFO Lorenzo Flores added, “We plan to update you with more specific guidance as we move through the year.” The Motley Fool
KeyBanc raised its price target on Lattice to $125, up from $95, and maintained its Overweight rating. The move comes as the firm cited continued momentum in Lattice’s Communications and Computing segment, according to a report from Investing.com.
Stifel lifted its price target on the stock to $110 from $80, keeping its Buy rating in place after reviewing the most recent quarter and the company’s guidance.
Lattice competes with some big names in programmable logic, including AMD’s Xilinx and Intel’s programmable-chip business. The company carves out its spot by focusing on compact, energy-efficient devices, making it a fit for embedded and edge uses. But by sticking to that specialty, Lattice’s results tend to rise and fall with industrial demand swings.
But there’s a hitch—Lattice reported a GAAP net loss of $7.6 million for the quarter, RTTNews noted, even though adjusted profit moved higher. Shares jumped Wednesday, but that momentum could fade fast if the March quarter disappoints or if data-center demand cools.
Attention turns to Trondheim, Norway, where the FPGA Forum kicks off Feb. 11–12, listed on the company’s events calendar. Traders are scanning for any product or customer news. But right now, the main thing on the tape is whether LSCC manages to hold near $106 when the market opens at 9:30 a.m. ET.
