MACOM Technology Solutions (NASDAQ:MTSI) Given New $310.00 Price Target at Truist Financial

Key Points

• Truist cut its price target on MACOM to $310 from $375 but maintained a Buy rating; the new target implies about 50.8% upside from the cited share price.
• Analyst opinion remains broadly positive: MACOM has a Moderate Buy consensus rating and an average price target of $311.54, despite recent target reductions from several firms.
• Recent results beat expectations, with revenue up 62.6% year over year, and fiscal Q1 2027 EPS guidance of $2.21–$2.29 exceeded consensus expectations.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) had its price objective dropped by investment analysts at Truist Financial from $375.00 to $310.00 in a report issued on Friday, Benzinga reports. The brokerage currently has a "buy" rating on the semiconductor company's stock. Truist Financial's target price points to a potential upside of 50.80% from the stock's current price.

A number of other research firms have also weighed in on MTSI. Benchmark began coverage on shares of MACOM Technology Solutions in a report on Thursday, August 13th. They set a "buy" rating and a $375.00 target price on the stock. BMO Capital Markets upgraded shares of MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $335.00 target price on the stock in a research report on Friday, September 18th. Susquehanna reduced their price objective on MACOM Technology Solutions from $300.00 to $220.00 and set a "neutral" rating for the company in a research note on Thursday. Needham & Company LLC lowered their target price on shares of MACOM Technology Solutions from $410.00 to $300.00 and set a "buy" rating on the stock in a report on Thursday. Finally, Weiss Ratings lowered shares of MACOM Technology Solutions from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, August 21st. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $311.54.

MACOM Technology Solutions Stock Performance

Shares of MTSI stock traded up $15.22 during midday trading on Friday, hitting $205.57. 1,215,080 shares of the company were exchanged, compared to its average volume of 1,487,418. MACOM Technology Solutions has a 52 week low of $150.80 and a 52 week high of $418.90. The firm has a market capitalization of $15.70 billion, a P/E ratio of 66.27, a PEG ratio of 0.76 and a beta of 1.82. The firm's 50 day moving average price is $272.25 and its two-hundred day moving average price is $282.87. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its earnings results on Thursday, November 5th. The semiconductor company reported $2.09 EPS for the quarter, topping the consensus estimate of $2.00 by $0.09. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The company had revenue of $424.82 million for the quarter, compared to analysts' expectations of $420.35 million. During the same period last year, the firm earned $0.94 earnings per share. The business's revenue for the quarter was up 62.6% on a year-over-year basis. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. As a group, equities research analysts anticipate that MACOM Technology Solutions will post 4.26 earnings per share for the current year.

Insider Buying and Selling at MACOM Technology Solutions

In other news, SVP Ambra Roth sold 653 shares of MACOM Technology Solutions stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $300.00, for a total value of $195,900.00. Following the sale, the senior vice president directly owned 9,184 shares in the company, valued at approximately $2,755,200. This trade represents a 6.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Robert Dennehy sold 252 shares of the business's stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the transaction, the chief operating officer owned 12,758 shares in the company, valued at $3,511,001.60. This represents a 1.94% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 9,321 shares of company stock valued at $2,917,644 in the last quarter. Company insiders own 0.36% of the company's stock.

Institutional Investors Weigh In On MACOM Technology Solutions

A number of large investors have recently added to or reduced their stakes in the stock. Allworth Financial LP lifted its holdings in shares of MACOM Technology Solutions by 4.4% during the 3rd quarter. Allworth Financial LP now owns 6,298 shares of the semiconductor company's stock worth $1,794,000 after acquiring an additional 263 shares during the period. Eurizon Capital SGR S.p.A. increased its holdings in MACOM Technology Solutions by 33.6% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 1,332 shares of the semiconductor company's stock valued at $379,000 after purchasing an additional 335 shares in the last quarter. Andar Capital Management HK Ltd purchased a new stake in shares of MACOM Technology Solutions during the 3rd quarter valued at about $9,969,000. Fifth Third Bancorp raised its stake in shares of MACOM Technology Solutions by 87.7% during the third quarter. Fifth Third Bancorp now owns 34,214 shares of the semiconductor company's stock valued at $9,745,000 after purchasing an additional 15,987 shares during the period. Finally, New Mexico Educational Retirement Board lifted its position in shares of MACOM Technology Solutions by 10.6% during the third quarter. New Mexico Educational Retirement Board now owns 14,600 shares of the semiconductor company's stock worth $4,158,000 after purchasing an additional 1,400 shares in the last quarter. Institutional investors own 76.14% of the company's stock.

More MACOM Technology Solutions News

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS of $2.09 and revenue of $424.8 million both topped consensus estimates. Revenue rose 62.6% year over year, with data-center demand contributing to growth and margin expansion. Article: MTSI Q4 Earnings Surpass Estimates on Data Center Strength
• Positive Sentiment: Fiscal Q1 2027 guidance was well ahead of expectations: EPS of $2.21–$2.29 versus the $1.96 consensus, and revenue of $450–$460 million versus $431.1 million. Management also expects faster data-center growth in fiscal 2027, citing demand for 1.6T products and capacity expansion. Article: MTSI Q4 Earnings Call Highlights Data Center Growth and Margin Gains
• Negative Sentiment: Some coverage points to market skepticism despite robust growth, with supply-chain constraints and shifts in end-market demand among the concerns investors are weighing. Article: MTSI Q3 CY2026 deep dive
• Negative Sentiment: Needham cut its price target from $410 to $300, although it maintained a Buy rating. The reduction may temper enthusiasm even as the firm remains positive on the shares.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.

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