MACOM Technology Solutions (NASDAQ:MTSI) Announces Quarterly Earnings Results

Posted by on Nov 7th, 2026

MACOM Technology Solutions (NASDAQ:MTSI – Get Free Report) posted its quarterly earnings data on Thursday. The semiconductor company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.09, FiscalAI reports. The firm had revenue of $424.82 million for the quarter, compared to the consensus estimate of $420.35 million. MACOM Technology Solutions had a return on equity of 22.46% and a net margin of 25.25%. The business’s revenue for the quarter was up 62.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.94 EPS. MACOM Technology Solutions updated its Q1 2027 guidance to 2.210-2.290 EPS.

Here are the key takeaways from MACOM Technology Solutions’ conference call:

  • MACOM delivered record FY2026 revenue of $1.3 billion, up 37% year over year, and adjusted EPS of $5.60, up 61%. Q4 revenue rose 62.7% year over year to $424.8 million; the company also reported record backlog and a 1.4-to-1 quarterly book-to-bill ratio.
  • For fiscal Q1 2027, MACOM guided to revenue of $450 million–$460 million and adjusted EPS of $2.21–$2.29, with adjusted operating margin expected around 40% at the midpoint. Management said it expects FY2027 to be a record year and is working toward approximately $2 billion in revenue, while noting execution and market risks.
  • Data center is expected to remain the main growth driver: management expects FY2027 revenue growth to exceed FY2026’s 74% rate, citing 1.6T deployments, higher content opportunities, and potential near-packaged optics programs. It also highlighted developing products including 200G-per-lane components and continuous-wave lasers, though it expects the latter to be a more significant opportunity in 2028.
  • Industrial and Defense revenue reached a record in Q4, and management is targeting FY2027 growth above FY2026’s 27.8%. Telecom is expected to grow at a similar pace to FY2026 for the full year, but management flagged near-term softness in PON and broadband and guided to flat-to-slightly-down Q1 telecom revenue.
  • MACOM plans to increase FY2027 capital expenditures to $100 million–$110 million, mainly to expand manufacturing and R&D capacity, and expects its adjusted tax rate to rise from 3% to about 6%. The company said it has no current plans for buybacks or dividends, preferring to retain cash for investment and strategic opportunities.

MACOM Technology Solutions Trading Up 10.8%

NASDAQ MTSI traded up $20.63 during trading hours on Friday, hitting $210.98. The company’s stock had a trading volume of 2,854,240 shares, compared to its average volume of 1,963,088. MACOM Technology Solutions has a twelve month low of $150.80 and a twelve month high of $418.90. The firm has a market capitalization of $16.11 billion, a P/E ratio of 49.07, a PEG ratio of 0.69 and a beta of 1.82. The company has a quick ratio of 1.78, a current ratio of 2.53 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average of $270.93 and a 200 day moving average of $282.81.

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

Insiders Place Their Bets

In other MACOM Technology Solutions news, COO Robert Dennehy sold 252 shares of MACOM Technology Solutions 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 of the company’s stock, valued at approximately $3,511,001.60. The trade was a 1.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ambra Roth sold 653 shares of the company’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $300.00, for a total transaction of $195,900.00. Following the sale, the senior vice president owned 9,184 shares of the company’s stock, valued at $2,755,200. The trade was a 6.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 9,321 shares of company stock valued at $2,917,644. Company insiders own 0.36% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Raymond James Financial raised MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 target price for the company in a research note on Tuesday, October 27th. Zacks Research raised MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 24th. Benchmark assumed coverage on MACOM Technology Solutions in a report on Thursday, August 13th. They issued a “buy” rating and a $375.00 price target on the stock. Truist Financial lowered their price objective on MACOM Technology Solutions from $375.00 to $310.00 and set a “buy” rating for the company in a research report on Friday. Finally, Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Two 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 company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $321.67.

Check Out Our Latest Analysis on MACOM Technology Solutions

About MACOM Technology Solutions

(Get Free Report)

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems.

The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.

Headquartered in Lowell, Massachusetts, MACOM traces its history to Microwave Associates, founded in 1950.

See Also

Earnings History for MACOM Technology Solutions (NASDAQ:MTSI)

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