MACOM Technology Solutions (NASDAQ:MTSI) Price Target Raised to $260.00 at Bank of America

MACOM Technology Solutions (NASDAQ:MTSI) had its target price increased by Bank of America from $220.00 to $260.00 in a report issued on Wednesday,Benzinga reports. Bank of America currently has a buy rating on the semiconductor company’s stock.

Several other research analysts also recently commented on MTSI. TD Cowen lifted their target price on shares of MACOM Technology Solutions from $150.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Weiss Ratings cut shares of MACOM Technology Solutions from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, January 12th. Wall Street Zen raised MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 31st. Finally, Needham & Company LLC upped their target price on shares of MACOM Technology Solutions from $150.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $190.50.

MACOM Technology Solutions Stock Performance

Shares of NASDAQ MTSI opened at $226.25 on Wednesday. The stock’s fifty day simple moving average is $179.86 and its 200 day simple moving average is $151.01. 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 has a 52-week low of $84.00 and a 52-week high of $228.24. The stock has a market capitalization of $16.97 billion, a price-to-earnings ratio of -279.32, a PEG ratio of 4.13 and a beta of 1.43.

MACOM Technology Solutions (NASDAQ:MTSI) last issued 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 business had revenue of $261.17 million during the quarter, compared to analysts’ expectations of $260.16 million. MACOM Technology Solutions had a positive return on equity of 14.38% and a negative net margin of 5.60%.MACOM Technology Solutions’s revenue was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. 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 fiscal year.

Insider Transactions at MACOM Technology Solutions

In related news, Director Charles R. Bland sold 4,000 shares of the firm’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $165.00, for a total value of $660,000.00. Following the completion of the transaction, the director directly owned 15,362 shares of the company’s stock, valued at approximately $2,534,730. This trade represents a 20.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ambra R. Roth sold 17,268 shares of MACOM Technology Solutions stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $160.91, for a total value of $2,778,593.88. Following the transaction, the senior vice president owned 9,837 shares of the company’s stock, valued at $1,582,871.67. The trade was a 63.71% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 829,791 shares of company stock worth $139,556,727. Corporate insiders own 16.30% of the company’s stock.

Hedge Funds Weigh In On MACOM Technology Solutions

Institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank bought a new stake in MACOM Technology Solutions in the 2nd quarter valued at $113,936,000. Wellington Management Group LLP increased its stake in MACOM Technology Solutions by 180.6% during the 3rd quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company’s stock worth $122,802,000 after acquiring an additional 634,903 shares during the period. Rafferty Asset Management LLC acquired a new position in MACOM Technology Solutions in the 3rd quarter valued at $67,486,000. Vanguard Group Inc. increased its position in shares of MACOM Technology Solutions by 5.9% in the third quarter. Vanguard Group Inc. now owns 7,067,757 shares of the semiconductor company’s stock worth $879,865,000 after purchasing an additional 392,365 shares during the period. Finally, Fiera Capital Corp bought a new stake in MACOM Technology Solutions during the second quarter worth about $41,744,000. 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.