MACOM Technology Solutions (NASDAQ:MTSI) Updates Q3 2026 Earnings Guidance

MACOM Technology Solutions (NASDAQ:MTSI) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.310-1.370 for the period, compared to the consensus earnings per share estimate of 1.080. The company issued revenue guidance of $331.0 million-$339.0 million, compared to the consensus revenue estimate of $299.3 million.

MACOM Technology Solutions Trading Up 4.5%

MACOM Technology Solutions stock traded up $15.41 during trading hours on Friday, reaching $359.88. 1,768,850 shares of the company’s stock traded hands, compared to its average volume of 1,120,190. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.18 and a current ratio of 7.52. MACOM Technology Solutions has a fifty-two week low of $117.17 and a fifty-two week high of $364.00. The firm has a market capitalization of $26.99 billion, a price-to-earnings ratio of 155.79, a PEG ratio of 5.72 and a beta of 1.60. The firm’s 50 day moving average is $249.02 and its 200-day moving average is $209.70.

MACOM Technology Solutions (NASDAQ:MTSI) last released its earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.02. MACOM Technology Solutions had a net margin of 16.46% and a return on equity of 16.01%. The company had revenue of $288.96 million for the quarter, compared to the consensus estimate of $285.20 million. During the same period in the prior year, the company posted $0.85 EPS. The company’s revenue was up 22.5% compared to the same quarter last year. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. On average, analysts predict that MACOM Technology Solutions will post 3.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MTSI shares. Stifel Nicolaus increased their price target on shares of MACOM Technology Solutions from $255.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, April 16th. Benchmark increased their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 6th. Weiss Ratings upgraded shares of MACOM Technology Solutions from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 26th. Susquehanna increased their price target on shares of MACOM Technology Solutions from $300.00 to $350.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Bank of America increased their price target on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the company a “buy” rating in a research report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $316.82.

Insider Activity at MACOM Technology Solutions

In other news, major shareholder Susan Ocampo sold 261,763 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $254.43, for a total transaction of $66,600,360.09. Following the completion of the transaction, the insider directly owned 3,759,895 shares of the company’s stock, valued at $956,630,084.85. This trade represents a 6.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Donghyun Thomas Hwang sold 3,718 shares of the firm’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $276.74, for a total transaction of $1,028,919.32. Following the transaction, the senior vice president directly owned 34,886 shares of the company’s stock, valued at $9,654,351.64. This represents a 9.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 551,557 shares of company stock worth $137,590,774. 0.36% of the stock is currently owned by corporate insiders.

MACOM Technology Solutions News Summary

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: MACOM reported fiscal Q2 revenue of about $289 million, up 22.5% year over year, and adjusted EPS of $1.09, both ahead of estimates. MACOM Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: The company’s fiscal Q3 outlook was notably stronger than expected, with revenue guidance of $331 million to $339 million and adjusted EPS guidance of $1.31 to $1.37, reinforcing optimism about accelerating growth. MACOM Reports Fiscal Second Quarter 2026 Financial Results
• Positive Sentiment: Several brokerages boosted price targets, including Barclays to $400, Needham to $400, and Truist to $375, which suggests analysts see more upside despite the recent run-up in the stock. Analyst price target updates via Benzinga
• Neutral Sentiment: JPMorgan and Susquehanna also raised targets, but kept neutral ratings, indicating they see fair value near current levels rather than a clear bearish case. Analyst price target updates via Benzinga

Hedge Funds Weigh In On MACOM Technology Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in shares of MACOM Technology Solutions in the third quarter valued at $25,000. Los Angeles Capital Management LLC bought a new position in shares of MACOM Technology Solutions in the fourth quarter valued at $46,000. Kestra Advisory Services LLC bought a new position in shares of MACOM Technology Solutions in the fourth quarter valued at $63,000. Larson Financial Group LLC grew its stake in shares of MACOM Technology Solutions by 19.4% in the third quarter. Larson Financial Group LLC now owns 418 shares of the semiconductor company’s stock valued at $52,000 after buying an additional 68 shares in the last quarter. Finally, Quarry LP grew its stake in shares of MACOM Technology Solutions by 548.5% in the third quarter. Quarry LP now owns 428 shares of the semiconductor company’s stock valued at $53,000 after buying an additional 362 shares in the last quarter. 76.14% of the stock is owned by institutional investors.

MACOM Technology Solutions Company Profile

MACOM Technology Solutions is a semiconductor company specializing in high-performance analog, microwave, millimeter-wave and photonic semiconductor solutions. Its product portfolio includes amplifiers, switches, modulators, detectors and integrated circuits designed to optimize signal integrity, power management and data transmission. MACOM’s offerings address both digital and optical domains, providing critical building blocks for next-generation communications infrastructure.

The company’s solutions serve a diverse set of end markets, including wireless and wireline telecom, data centers, satellite communications, aerospace and defense, industrial and automotive applications.