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

MACOM Technology Solutions (NASDAQ:MTSI) had its target price lifted by Truist Financial from $180.00 to $200.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the semiconductor company’s stock. Truist Financial’s price objective indicates a potential upside of 14.67% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Wall Street Zen upgraded MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of MACOM Technology Solutions in a research note on Wednesday, October 8th. Needham & Company LLC increased their target price 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. TD Cowen boosted their price target 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. Finally, Susquehanna initiated coverage on shares of MACOM Technology Solutions in a research report on Monday, December 15th. They set a “neutral” rating and a $200.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $174.50.

MACOM Technology Solutions Trading Up 1.7%

Shares of MTSI opened at $174.42 on Friday. The firm has a market cap of $13.07 billion, a P/E ratio of -215.33, a price-to-earnings-growth ratio of 3.25 and a beta of 1.47. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.71 and a quick ratio of 2.98. MACOM Technology Solutions has a 1 year low of $84.00 and a 1 year high of $190.95. The company has a 50 day simple moving average of $161.48 and a two-hundred day simple moving average of $142.38.

MACOM Technology Solutions (NASDAQ:MTSI) last released its earnings results on Thursday, November 6th. The semiconductor company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. The firm had revenue of $261.17 million for the quarter, compared to the consensus estimate 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 company’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.73 earnings per share. MACOM Technology Solutions has set its Q1 2026 guidance at 0.980-1.020 EPS. On average, equities analysts expect that MACOM Technology Solutions will post 2.43 earnings per share for the current fiscal year.

Insider Activity

In other news, Director Charles R. Bland sold 4,000 shares of the business’s stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $165.00, for a total transaction of $660,000.00. Following the transaction, the director directly owned 15,362 shares in the company, valued at $2,534,730. The trade was a 20.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Donghyun Thomas Hwang sold 4,372 shares of MACOM Technology Solutions stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $185.63, for a total value of $811,574.36. Following the transaction, the senior vice president owned 43,878 shares of the company’s stock, valued at $8,145,073.14. The trade was a 9.06% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,395,384 shares of company stock valued at $216,284,885. 16.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of large investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of MACOM Technology Solutions in the second quarter valued at $113,936,000. Wellington Management Group LLP grew its stake in MACOM Technology Solutions by 180.6% in the 3rd quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock valued at $122,802,000 after buying an additional 634,903 shares during the last quarter. Rafferty Asset Management LLC bought a new position in MACOM Technology Solutions in the 3rd quarter valued at about $67,486,000. Vanguard Group Inc. raised its holdings in MACOM Technology Solutions by 5.9% in the 3rd quarter. Vanguard Group Inc. now owns 7,067,757 shares of the semiconductor company’s stock valued at $879,865,000 after acquiring an additional 392,365 shares during the period. Finally, Fiera Capital Corp bought a new stake in shares of MACOM Technology Solutions during the second quarter worth approximately $41,744,000. Institutional investors 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.