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

MACOM Technology Solutions (NASDAQ:MTSI) had its price target boosted by equities research analysts at Truist Financial from $180.00 to $200.00 in a note issued to investors 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 company’s previous close.

A number of other equities research analysts have also recently issued reports on the company. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, October 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of MACOM Technology Solutions in a research report on Wednesday, October 8th. TD Cowen upped their target price on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Needham & Company LLC raised their price target on shares of MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Finally, Barclays boosted their price objective on MACOM Technology Solutions from $150.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $174.50.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ MTSI opened at $171.47 on Friday. The stock has a market capitalization of $12.85 billion, a P/E ratio of -211.69, a P/E/G ratio of 3.14 and a beta of 1.47. The firm’s 50-day moving average price is $160.44 and its two-hundred day moving average price is $141.92. MACOM Technology Solutions has a 52-week low of $84.00 and a 52-week high of $190.95. 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 (NASDAQ:MTSI) last announced its quarterly earnings results on Thursday, November 6th. The semiconductor company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. MACOM Technology Solutions had a positive return on equity of 14.38% and a negative net margin of 5.60%.The business had revenue of $261.17 million for the quarter, compared to analysts’ expectations of $260.16 million. During the same period in the prior year, the firm earned $0.73 EPS. The business’s quarterly revenue was up 3.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. As a group, sell-side analysts forecast that MACOM Technology Solutions will post 2.43 earnings per share for the current year.

Insider Activity at MACOM Technology Solutions

In related news, major shareholder Susan Ocampo sold 150,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $136.02, for a total transaction of $20,403,000.00. Following the sale, the insider owned 2,956,606 shares of the company’s stock, valued at $402,157,548.12. The trade was a 4.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 1,395,384 shares of company stock worth $216,284,885 in the last quarter. 16.30% of the stock is owned by company insiders.

Institutional Trading of MACOM Technology Solutions

Hedge funds and other institutional investors have recently modified their holdings of the company. Advisory Services Network LLC bought a new position in MACOM Technology Solutions during the third quarter valued at about $25,000. EverSource Wealth Advisors LLC raised its position in MACOM Technology Solutions by 75.6% in the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 93 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in MACOM Technology Solutions by 174.0% in the 2nd quarter. Hantz Financial Services Inc. now owns 211 shares of the semiconductor company’s stock valued at $30,000 after acquiring an additional 134 shares during the last quarter. SVB Wealth LLC acquired a new position in shares of MACOM Technology Solutions in the 1st quarter worth approximately $34,000. Finally, Smartleaf Asset Management LLC grew its stake in shares of MACOM Technology Solutions by 108.7% in the 3rd quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 150 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.