Lattice Semiconductor Corporation, together with its subsidiaries, develops and sells semiconductor, silicon-based and silicon-enabling, evaluation boards, and development hardware products in Asia, Europe, and the Americas.
Positioning no disclosures inside 60 days, left as found
Options put/call open interest 0.12, read 2026-11-03
Ethical passes the values gate
Price105.92 USD
Fair value96.23
Ethical score70.0/100
Value readFairas of 3 Nov 2026
Our investment reviews on this name
2026-10-21Read Distribution107.09-1.1% to today ✓Accumulation gives way to Distribution after a 15% slide in 7 days
2026-10-14Read Accumulation126.05-16.0% to today Markup gives way to Accumulation after an 8% rise in 12 days
2026-10-02Read Markup117.24-9.7% to today Markdown gives way to Markup first Markup read since July
2026-09-04Read Markdown113.88-7.0% to today ✓Distribution gives way to Markdown after a 5% slide in 4 weeks
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
Lattice Semiconductor Corp holds its Distribution at $105.92. Consolidating, no directional conviction, held for 35 days.
As held on the ledger · 2026-11-03
Phase
Distribution · caution
Quantitative state
Consolidating, no directional conviction, held for 35 days
Price at the screen
$105.92
Valuation
384.76 trailing · 29.59 forward price to earnings
Values screen
PASS· score 70.0
Beta
1.83
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
4.77%
Below 33%
Interest-bearing debt is just 4.8% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
0.00%
Below 33%
Cash held in interest-bearing accounts and securities is 0.0% of assets, under the one-third limit.
Pass
Receivables
26.74%
Below 49%
Money owed to the company is 26.7% of assets, under the 49% limit.
Pass
Revenue purity
0.55%
Below 5%
Only 0.6% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Clears, in Plain English
Lattice Semiconductor clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 5%, inside the ~33% line, and almost none of its income is interest, so it passes.
Read as at 2026-11-04. It updates when the underlying figures move, and past reads are kept below.
Follow this verdict
Get an email when LSCC's ethical verdict changes
Today LSCC passes the screen. If new figures move it to a fail, we send you one short email with the before and after. Verdicts change rarely, so you may not hear from us for a long time.
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The quantitative screen above is arithmetic and this name passes it. Separately, community boycott lists cite this company: Cited by AFSC divest list for semiconductor components used in military and surveillance applications. The desk records that flag here without folding it into the verdict: the screen measures the balance sheet, the overlay informs the conscience, and they are different judgements that belong to different owners. The second one is yours.
What the Numbers Say It Is Worth
The Fair Value Range
Our analysis reads Fair vs our fair value, as of 3 Nov 2026: it trades above our $96.23 fair value estimate, narrow competitive moat, 62.20% revenue growth.
Fair value range in USD, drawn from the 2026-11-03 screen. The gold marker is the market price at the same screen. The price runs 10.1% above the base estimate.
Third-party analyst targets: 13 covering, consensus Strong Buy. The average target sits +56% from the screen price.
Reading the gap · Our more conservative model reads it as fully-to-richly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Where our models see it going: fair-value estimate $96.23, with a range of $96.23 to $110.67, dated to the 2026-11-03 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Chip Growth Hides a Cyclical Price Trap
Picture a factory floor where every new robot or wireless link needs fresh silicon. Lattice rides that wave with 42 percent revenue growth, yet the shares trade at 53.9 times forward earnings while margins sit at just 3 percent and return on equity matches them. The market prices in endless expansion, but the numbers show a narrow-moat business in a notoriously cyclical industry.
We pass. The gap between the current price and our fair value is wide and negative, so there is no margin of safety. Strong top-line momentum does not offset weak profitability or the risk that today's peak earnings simply reflect the top of the cycle rather than a durable new level.
Valuations this stretched in semiconductors often compress fast when demand cools. Currency moves, customer concentration and sudden order cuts can turn a high multiple into a value trap without any change in the underlying technology. Ethical screen cleared, but the price and cycle together rule it out. Analysis, not advice.
Another profit measure, before interest, tax and non-cash costs: EBITDA.
The risks · The things to watch: it already moves more than the market on an average day; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
LSCC trades on NASDAQ. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-11-02Distribution$92.97+0.0%Entry 16
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. It reported earnings in this window, a natural checkpoint for the thesis.
2026-11-01Distribution$92.97+0.0%Entry 15
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it D. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-31Distribution$92.97-9.7%Entry 14
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 9.7% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-30Distribution$103.00-1.1%Entry 13
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 1.1% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-29Distribution$104.17+8.3%Entry 12
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved up 8.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-28Distribution$96.19+0.0%Entry 11
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-27Distribution$96.19+0.0%Entry 10
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. It reported earnings in this window, a natural checkpoint for the thesis.
2026-10-26Distribution$96.19-10.2%Entry 9
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 10.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 17% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. Since the last review it its composite score rose. It reported earnings in this window, a natural checkpoint for the thesis.
The framework has shifted from accumulation to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 15.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is holding around 10% above its long-term trend line with momentum reading oversold. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147.
The framework has shifted from markup to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 7.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it A. Technically it is holding around 73% above its long-term trend line with momentum reading overbought. Over the past year the shares are up 162%. Our forward projection puts the odds of a 10% gain over the next month near 37%. The street (13 analysts) rates it none, with a mean price target of $147. Since the last review it dropped out of the Titan Ethical 500.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
