Zacks Research Upgrades MACOM Technology Solutions (NASDAQ:MTSI) to “Strong-Buy”

MACOM Technology Solutions (NASDAQ:MTSI) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Several other brokerages have also weighed in on MTSI. Susquehanna dropped their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. JPMorgan Chase & Co. boosted their target price on shares of MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. BMO Capital Markets began coverage on shares of MACOM Technology Solutions in a report on Friday, August 21st. They set a “market perform” rating and a $335.00 price target on the stock. Stifel Nicolaus lifted their price objective on shares of MACOM Technology Solutions from $385.00 to $450.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. Finally, Benchmark started coverage on shares of MACOM Technology Solutions in a report on Thursday, August 13th. They issued a “buy” rating and a $375.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, MACOM Technology Solutions has a consensus rating of “Moderate Buy” and an average target price of $341.25.

MACOM Technology Solutions Price Performance

Shares of NASDAQ:MTSI opened at $266.27 on Monday. MACOM Technology Solutions has a 52 week low of $121.97 and a 52 week high of $418.90. The firm has a market capitalization of $20.34 billion, a P/E ratio of 85.62, a PEG ratio of 1.48 and a beta of 1.70. The firm’s 50 day moving average is $306.08 and its two-hundred day moving average is $292.94. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04.

MACOM Technology Solutions (NASDAQ:MTSI) last issued its quarterly earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.05. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $342.24 million during the quarter, compared to analyst estimates of $336.08 million. During the same period in the prior year, the business posted $0.90 EPS. The business’s revenue for the quarter was up 35.8% compared to the same quarter last year. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. Analysts anticipate that MACOM Technology Solutions will post 4.12 earnings per share for the current year.

Insider Activity

In other MACOM Technology Solutions news, CFO John Kober sold 7,389 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $326.08, for a total value of $2,409,405.12. Following the sale, the chief financial officer directly owned 33,583 shares in the company, valued at $10,950,744.64. This trade represents a 18.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen G. Daly sold 15,828 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $365.75, for a total transaction of $5,789,091.00. Following the transaction, the chief executive officer directly owned 38,389 shares of the company’s stock, valued at $14,040,776.75. This represents a 29.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 25,837 shares of company stock valued at $9,204,236. 0.36% of the stock is owned by insiders.

Hedge Funds Weigh In On MACOM Technology Solutions

Several large investors have recently added to or reduced their stakes in the company. Bell Investment Advisors Inc bought a new stake in shares of MACOM Technology Solutions in the 2nd quarter worth approximately $49,000. GHP Investment Advisors Inc. bought a new stake in shares of MACOM Technology Solutions during the first quarter valued at approximately $31,000. Keating Financial Advisory Services Inc. bought a new stake in shares of MACOM Technology Solutions during the second quarter valued at approximately $58,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of MACOM Technology Solutions in the second quarter valued at $67,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in shares of MACOM Technology Solutions in the fourth quarter valued at $30,000. Institutional investors and hedge funds own 76.14% of the company’s stock.

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.