Analyst Christopher Rolland from Susquehanna reiterated a Buy rating on Lattice Semiconductor and keeping the price target at $85.00.
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Christopher Rolland has given his Buy rating due to a combination of factors related to Lattice Semiconductor’s performance and future prospects. The company has shown promising growth in its Communications and Compute (C&C) segment, particularly in AI servers, which have grown significantly year-to-date. Lattice is optimistic about its AI Infrastructure opportunity, expecting a substantial acceleration in revenue by 2026, driven by increased demand and extended lead times for its products.
Despite a slightly disappointing outlook for the Industrial and Automotive (I&A) segment, where growth is expected to be lower than previously anticipated, the overall potential in AI data centers remains strong. The company’s investments in AI infrastructure are seen as prudent, given the expected growth rates. Lattice’s content per rack in AI data centers and the increasing FPGA-to-Server attach rate are key drivers for its positive outlook. These factors, combined with the company’s strategic positioning in the growing AI market, underpin Rolland’s Buy rating and the $85 price target.
According to TipRanks, Rolland is a 5-star analyst with an average return of 19.8% and a 58.80% success rate. Rolland covers the Technology sector, focusing on stocks such as ON Semiconductor, Broadcom, and Lattice Semiconductor.