MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) had its price objective reduced by equities research analysts at Needham & Company LLC from $410.00 to $300.00 in a research note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC‘s price objective would indicate a potential upside of 42.19% from the stock’s current price.
A number of other research firms have also weighed in on MTSI. Raymond James Financial raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 price objective on the stock in a research report on Tuesday, October 27th. Benchmark assumed coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They issued a “buy” rating and a $375.00 target price for the company. Weiss Ratings lowered MACOM Technology Solutions from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 21st. BMO Capital Markets raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 target price for the company in a research note on Friday, September 18th. Finally, Susquehanna cut their price target on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a report on Tuesday, July 21st. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $321.67.
Get Our Latest Stock Report on MACOM Technology Solutions
MACOM Technology Solutions Stock Up 10.8%
Shares of NASDAQ MTSI traded up $20.63 during midday trading on Thursday, hitting $210.98. The company’s stock had a trading volume of 2,854,240 shares, compared to its average volume of 1,677,193. The business’s fifty day simple moving average is $270.93 and its two-hundred day simple moving average is $282.81. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.34 and a quick ratio of 1.78. MACOM Technology Solutions has a 1 year low of $150.80 and a 1 year high of $418.90. The firm has a market capitalization of $16.11 billion, a price-to-earnings ratio of 49.07, a price-to-earnings-growth ratio of 0.73 and a beta of 1.82.
MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) last announced its quarterly earnings data on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.09. The firm had revenue of $424.82 million during the quarter, compared to analysts’ expectations of $420.35 million. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The business’s quarterly revenue was up 62.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.94 earnings per share. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. On average, equities analysts predict that MACOM Technology Solutions will post 7.23 EPS for the current year.
Insider Buying and Selling at MACOM Technology Solutions
In other MACOM Technology Solutions news, CFO John Kober sold 1,027 shares of the stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $236.60, for a total value of $242,988.20. Following the sale, the chief financial officer directly owned 34,405 shares of the company’s stock, valued at approximately $8,140,223. This represents a 2.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Robert Dennehy sold 252 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the completion of the sale, the chief operating officer owned 12,758 shares in the company, valued at $3,511,001.60. The trade was a 1.94% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 9,321 shares of company stock valued at $2,917,644. Insiders own 0.36% of the company’s stock.
Hedge Funds Weigh In On MACOM Technology Solutions
Several large investors have recently bought and sold shares of MTSI. Janus Henderson Group PLC lifted its holdings in MACOM Technology Solutions by 15.5% during the 1st quarter. Janus Henderson Group PLC now owns 784,118 shares of the semiconductor company’s stock worth $174,109,000 after buying an additional 105,032 shares during the last quarter. Jupiter Topco LLC purchased a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at about $256,612,000. Bank of America Corp DE acquired a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth about $247,732,000. Bank of New York Mellon Corp acquired a new stake in shares of MACOM Technology Solutions during the 2nd quarter worth about $204,593,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in MACOM Technology Solutions by 22.7% during the third quarter. Allspring Global Investments Holdings LLC now owns 444,130 shares of the semiconductor company’s stock worth $133,963,000 after purchasing an additional 82,068 shares during the last quarter. Hedge funds and other institutional investors own 76.14% of the company’s stock.
Trending Headlines about MACOM Technology Solutions
Here are the key news stories impacting MACOM Technology Solutions this week:
- Positive Sentiment: Fiscal Q4 adjusted EPS of $2.09 topped the $2.00 consensus, while revenue of $424.82 million exceeded the $420.35 million estimate and rose 62.6% year over year. MACOM fiscal Q4 and FY2026 results
- Positive Sentiment: Q1 fiscal 2027 guidance came in above expectations: EPS of $2.21–$2.29 versus the $1.96 consensus and revenue of $450–$460 million versus $431.1 million. The company cited data-center demand, including growing interest in 1.6T products, and expects further growth and margin gains. Q4 earnings and data-center outlook
- Neutral Sentiment: A valuation analysis argued MTSI could be substantially undervalued following its Q4 results, though this is an analytical estimate rather than a company announcement. Valuation analysis
- Negative Sentiment: Despite maintaining a Buy rating, Truist cut its price target to $310 from $375. Needham also lowered its target, to $300 from $410. The reductions may weigh on sentiment even as both firms remain positive on the shares. Truist price-target report
- Negative Sentiment: Market skepticism around supply-chain constraints and shifts in end-market demand appears to have tempered the reaction to strong results, with coverage noting that the stock fell after the sales beat. Market skepticism and supply-chain concerns
MACOM Technology Solutions Company Profile
MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.
The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.
Further Reading
- Five stocks we like better than MACOM Technology Solutions
- Dutch Bros Gave Wall Street What It Wanted, So Why Did the Stock Crater?
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
Receive News & Ratings for MACOM Technology Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MACOM Technology Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
