MACOM Technology Solutions (NASDAQ:MTSI) Earns Buy Rating from Analysts at Benchmark

Analysts at Benchmark initiated coverage on shares of MACOM Technology Solutions (NASDAQ:MTSI) in a research note issued on Thursday. The brokerage set a “buy” rating and a $375.00 price target on the semiconductor company’s stock. Benchmark’s price target would indicate a potential upside of 19.75% from the stock’s previous close.

A number of other research firms have also recently issued reports on MTSI. HC Wainwright reaffirmed a “buy” rating on shares of MACOM Technology Solutions in a report on Wednesday, June 3rd. Barclays boosted their target price on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the stock an “overweight” rating in a research note on Friday, May 22nd. JPMorgan Chase & Co. increased their price target on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Truist Financial boosted their target price on MACOM Technology Solutions from $261.00 to $375.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Finally, Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $341.82.

MACOM Technology Solutions Price Performance

MTSI stock traded up $2.39 during midday trading on Thursday, reaching $313.14. 50,077 shares of the company’s stock traded hands, compared to its average volume of 1,469,377. The company has a 50-day simple moving average of $320.89 and a two-hundred day simple moving average of $288.92. MACOM Technology Solutions has a 1-year low of $118.28 and a 1-year high of $418.90. The company has a market cap of $23.92 billion, a price-to-earnings ratio of 100.76, a PEG ratio of 1.92 and a beta of 1.70. The company has a quick ratio of 1.78, a current ratio of 2.34 and a debt-to-equity ratio of 0.04.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings data on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. The firm had revenue of $342.24 million during the quarter, compared to the consensus estimate of $336.08 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%.The business’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, analysts anticipate that MACOM Technology Solutions will post 3.68 earnings per share for the current year.

Insider Transactions at MACOM Technology Solutions

In other news, CFO John Kober sold 7,644 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $359.25, for a total transaction of $2,746,107.00. Following the completion of the transaction, the chief financial officer directly owned 40,972 shares of the company’s stock, valued at $14,719,191. This represents a 15.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Donghyun Thomas Hwang sold 2,620 shares of the stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $383.87, for a total value of $1,005,739.40. Following the transaction, the senior vice president owned 29,756 shares of the company’s stock, valued at approximately $11,422,435.72. The trade was a 8.09% 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. Insiders sold 28,687 shares of company stock valued at $10,476,798 over the last three months. Company insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On MACOM Technology Solutions

A number of large investors have recently modified their holdings of MTSI. Panview Capital Ltd acquired a new stake in shares of MACOM Technology Solutions in the second quarter valued at about $37,270,000. Meiji Yasuda Asset Management Co Ltd. bought a new position in shares of MACOM Technology Solutions in the second quarter valued at $578,000. Globeflex Capital L P acquired a new position in MACOM Technology Solutions during the second quarter worth $136,000. Twin Tree Management LP bought a new stake in MACOM Technology Solutions during the second quarter worth $1,895,000. Finally, Bank of Nova Scotia acquired a new stake in MACOM Technology Solutions in the second quarter valued at $392,000. 76.14% of the stock is currently owned by institutional investors and hedge funds.

About MACOM Technology Solutions

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.