LSCC
Lattice Semiconductor Corporation

Lattice Semiconductor CorporationLSCC

Technology · Semiconductors
122.53USD
+4.51%
Sep 23, 2026
LSCC overview ready
Specialized Low-Power FPGA Supplier Enabling Far-Edge AI and Sensor Fusion
LSCC is a specialized programmable-logic component supplier and enabler for far-edge AI designs, rather than a primary GPU or data-center AI-compute supplier.
Narrative is still early
Exposed to the Edge AI and Physical Automation narrative through Low-Power Edge AI and Sensor-Fusion Silicon — component supplier.
No clear price read
Longer-term context reads near trend floor, with a near-term setup of daily advance.
Demanding valuation
The price embeds expectations that run ahead of what comparable businesses command.
Fundamentals under pressure
Ev / sales is weak.
Primary risk
High valuation limiting investment size.
Market Sep 22Filing Jul 4Price action Sep 22Research Aug 21

Conviction Level

NarrativeHeat6.7ThemeHeat6.3PriceAction5.7Valuation0.8CompanyPosition7.3
Price
Loading price history…

Price Action

No clear price read
Longer-term context reads near trend floor, with a near-term setup of daily advance.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA200 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$17.4B
Avg Volume (60D)
1.8M
60 sessions
Revenue Growth YoY
+2.7%
FY2026 vs FY2025
Gross Margin
+69.0%
Trailing twelve months
Operating Margin
+7.4%
Trailing twelve months
Free Cash Flow Yield
+1.1%
Distance from 200DMA
+10.9%
Next Earnings
2026-11-02
P/E
479.1x
EV / Sales
26.5x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jul 4, 2026
Filed balance-sheet data as of Dec 30, 2023

Fundamentals & Valuation

Only one valuation perspective could be built for this company, and it reads expensive.
Lattice Semiconductor Corporation has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command.

Company Research

Thesis
LSCC is a specialized programmable-logic component supplier and enabler for far-edge AI designs, rather than a primary GPU or data-center AI-compute supplier. Lattice's current business is low-power small and mid-range FPGAs, associated IP, design software, development hardware and application solution stacks.
Opportunity
Moderate opportunity
Deployment of AI-enabled industrial, automotive, robotics, vision and autonomous systems is increasing demand for power-efficient, deterministic silicon that aggregates sensor data, performs preprocessing and supports real-time inference close to where data is created.
Key risk
High valuation limiting investment size.

Narrative & Theme

Edge AI and Physical Automation
Part of Low-Power Edge AI and Sensor-Fusion Silicon, with strong fit.
Lattice's current business is low-power small and mid-range FPGAs, associated IP, design software, development hardware and application solution stacks.
Narrative HeatNeutral6.7 / 10
Theme HeatNeutral6.3 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Semiconductors
What they do

Lattice Semiconductor designs, develops, and sells semiconductor products, primarily field programmable gate arrays (FPGAs), along with evaluation boards and development hardware globally through its subsidiaries.

How it earns

The company generates revenue primarily through transactional sales of semiconductor products and related hardware.

Products & services
Small FPGA platforms (Lattice Nexus, Lattice Nexus 2)
Mid-range FPGA platform (Lattice Avant)
General purpose FPGAs (Lattice Avant-G, Certus-NX, CertusPro, Certus-N2)
Customers & end markets
Electronics manufacturers
Technology companies in Asia, Europe, and the Americas
Market position

Niche player specializing in low-power FPGA solutions within the semiconductor industry.

Demand drivers
Medium cyclicality

Semiconductor demand is influenced by technology cycles and end-market adoption trends, including AI and edge computing.