MACOM Technology Solutions (NASDAQ:MTSI) Price Target Raised to $200.00 at Truist Financial

MACOM Technology Solutions (NASDAQ:MTSI) had its target price boosted by equities research analysts at Truist Financial from $180.00 to $200.00 in a report issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Truist Financial’s price objective would indicate a potential upside of 16.64% from the stock’s previous close.

Other research analysts have also issued reports about the company. Needham & Company LLC raised their price objective on MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Susquehanna assumed coverage on MACOM Technology Solutions in a report on Monday. They set a “neutral” rating and a $200.00 target price on the stock. Benchmark upped their price target on MACOM Technology Solutions from $160.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Barclays lifted their price objective on shares of MACOM Technology Solutions from $150.00 to $200.00 and gave the company an “overweight” rating in a research note on Friday, November 7th. Finally, Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $174.50.

MACOM Technology Solutions Trading Up 1.9%

Shares of MTSI stock opened at $171.47 on Friday. The company has a quick ratio of 2.98, a current ratio of 3.71 and a debt-to-equity ratio of 0.31. MACOM Technology Solutions has a fifty-two week low of $84.00 and a fifty-two week high of $190.95. The firm’s 50 day moving average price is $160.44 and its two-hundred day moving average price is $141.92. The stock has a market cap of $12.85 billion, a price-to-earnings ratio of -211.69, a price-to-earnings-growth ratio of 3.14 and a beta of 1.47.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings data on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. The company had revenue of $261.17 million during the quarter, compared to analyst estimates of $260.16 million. MACOM Technology Solutions had a negative net margin of 5.60% and a positive return on equity of 14.38%. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. On average, analysts anticipate that MACOM Technology Solutions will post 2.43 EPS for the current year.

Insider Activity at MACOM Technology Solutions

In other news, major shareholder Susan Ocampo sold 150,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $136.02, for a total transaction of $20,403,000.00. Following the completion of the sale, the insider owned 2,956,606 shares of the company’s stock, valued at approximately $402,157,548.12. This trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders sold 1,395,384 shares of company stock worth $216,284,885. Corporate insiders own 16.30% of the company’s stock.

Institutional Investors Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the stock. Advisory Services Network LLC acquired a new stake in shares of MACOM Technology Solutions in the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. raised its stake in MACOM Technology Solutions by 174.0% during the second quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after buying an additional 134 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in MACOM Technology Solutions by 75.6% during the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock valued at $27,000 after buying an additional 93 shares in the last quarter. Smartleaf Asset Management LLC lifted its holdings in MACOM Technology Solutions by 108.7% during the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after buying an additional 150 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its holdings in shares of MACOM Technology Solutions by 282.4% in the 3rd quarter. Parkside Financial Bank & Trust now owns 325 shares of the semiconductor company’s stock valued at $40,000 after acquiring an additional 240 shares during the last quarter. Institutional investors own 76.14% of the company’s stock.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.