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LSCC · Analysis updated Nov 3, 2026, 4:06 PM ET
Why is Lattice Semiconductor Corporation (LSCC) stock moving?
Lattice Semiconductor (LSCC) reported a major beat-and-raise for Q3 2026 on November 2, posting revenue of $291.0M (up 118% YoY) vs. the $256M consensus and non-GAAP EPS of $0.72 vs. $0.55 expected. The outperformance is driven by surging AI server FPGA content attachment rates and the integration of AMI. Q4 2026 revenue guidance of $325M-$345M and non-GAAP EPS of $0.82-$0.86 also significantly exceeded consensus ($293.6M and $0.60, respectively). In the market data leading up to earnings, the stock experienced a pullback from the $118 peak down to strong technical support near $90-$92 on October 30 before rebounding on heavy volume (86,374 trades on November 2). The powerful earnings beat and strong multi-quarter demand outlook provide a firm catalyst for a trend reversal back toward recent highs.
News behind the analysis
- Lattice Semiconductor Reports Record Third Quarter 2026 ResultsLattice reported record Q3 revenue of $291.0M (up 118% YoY) and non-GAAP EPS of $0.72, exceeding consensus expectations driven by FPGA demand and the AMI integration.
- Lattice Semiconductor Updates Q4 2026 Guidance Significantly Above ConsensusManagement guided Q4 revenue to $325M-$345M and non-GAAP EPS to $0.82-$0.86, well ahead of Wall Street consensus estimates.
- Lattice Semiconductor Fiscal Q3 Earnings, Revenue Rise; Q4 Outlook IssuedLSCC posted Q3 net income of $11.2 million with revenue jumping to $291.04 million from $133.35 million a year ago, driven by Compute and Communications demand.
- Lattice Semiconductor (LSCC) Q3 2026 Earnings SummaryNon-GAAP gross margins reached 70.9% and free cash flow rose to $77.6 million, as FPGA revenue grew ~90% YoY supported by AI server expansion.
- Lattice Semiconductor Surges on AI Demand and Strong Q3 DeliveryBarchart highlighted LSCC's 118% revenue expansion, expanding operating margin to 8.2%, and reduced inventory days outstanding down to 116.
- Lattice Semiconductor Q3 Earnings Analysis and Valuation ReviewShares reacted positively following Q3 results, while analysts updated upside price targets noting surging AI attachment rates per server.
- What Lattice Semiconductor Said on Its Q3 Earnings CallCEO Ford Tamer noted FPGA server attachment rates are increasing rapidly, projecting 2027 revenue growth of at least 60% over 2026 levels.
- Lattice Semiconductor Schedules Third Quarter 2026 Results Conference CallLattice Semiconductor scheduled and subsequently hosted its third-quarter 2026 conference call, presenting results following the acquisition of AMI.
In the Daily Standout
- November 3, 2026: the Daily Standout +12.08%