Lattice Semiconductor shares surge 15.89% premarket following Q4 revenue beat and strong data center AI guidance.

Lattice Semiconductor surged 15.89% in premarket trading following a combination of strong Q4 financial results, optimistic guidance, and analyst upgrades. The company reported a 24.2% revenue increase to $145.8 million and a 116% rise in non-GAAP EPS to $0.32, exceeding expectations. Management raised Q1 2026 revenue guidance to $158–$172 million, projecting 37% year-over-year growth, driven by a data center segment now accounting for 64% of revenue. KeyBanc and Stifel analysts raised price targets to $125 and $110, respectively, citing robust demand for Lattice’s AI server infrastructure solutions and post-quantum cryptography products. The stock’s rally aligns with its strategic position in high-growth sectors like AI and edge computing, with multiple analysts highlighting its 85% year-over-year server business growth and improved margin outlook.