MACOM Technology Solutions (NASDAQ:MTSI) Announces Q1 2027 Earnings Guidance

Key Points

• MACOM’s Q1 2027 outlook topped analyst expectations: The company forecast EPS of $2.21–$2.29, versus $1.96 consensus, and revenue of $450–$460 million, versus $431.1 million expected.
• Latest-quarter results also beat estimates: MACOM reported EPS of $2.09 and revenue of $424.82 million, ahead of consensus, with revenue up 62.6% year over year.
• Shares fell sharply despite the strong results and outlook: MTSI traded down 18.6% on Thursday. Analysts’ average rating was “Moderate Buy,” with an average price target of $316.54.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) updated its first quarter 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 2.210-2.290 for the period, compared to the consensus earnings per share estimate of 1.960. The company issued revenue guidance of $450.0 million-$460.0 million, compared to the consensus revenue estimate of $431.1 million.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on MTSI shares. Zacks Research raised MACOM Technology Solutions from a "hold" rating to a "strong-buy" rating in a report on Monday, August 24th. Stifel Nicolaus set a $360.00 target price on MACOM Technology Solutions in a research note on Thursday. Wall Street Zen upgraded MACOM Technology Solutions from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Needham & Company LLC decreased their price target on MACOM Technology Solutions from $410.00 to $300.00 and set a "buy" rating for the company in a research note on Thursday. Finally, BMO Capital Markets raised MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and set a $335.00 price target on the stock in a report on Friday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, MACOM Technology Solutions presently has an average rating of "Moderate Buy" and an average price target of $316.54.

MACOM Technology Solutions Trading Down 18.6%

Shares of MTSI traded down $43.34 during midday trading on Thursday, hitting $189.79. The stock had a trading volume of 5,170,285 shares, compared to its average volume of 1,488,977. The business has a 50-day simple moving average of $273.90 and a two-hundred day simple moving average of $283.02. 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 has a fifty-two week low of $150.80 and a fifty-two week high of $418.90. The firm has a market cap of $14.49 billion, a P/E ratio of 61.03, a price-to-earnings-growth ratio of 0.77 and a beta of 1.82.

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

Insider Buying and Selling at MACOM Technology Solutions

In other MACOM Technology Solutions news, CFO John Kober sold 1,027 shares of MACOM Technology Solutions stock in a transaction on Monday, October 26th. The stock was sold at an average price of $236.60, for a total transaction of $242,988.20. Following the completion of the transaction, the chief financial officer directly owned 34,405 shares of the company's stock, valued at approximately $8,140,223. This trade represents a 2.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Robert Dennehy sold 252 shares of the business's stock in a transaction on Friday, August 28th. The shares were sold at an average price of $275.20, for a total transaction of $69,350.40. Following the completion of the sale, 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. 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. Insiders have sold 9,321 shares of company stock worth $2,917,644 over the last three months. Company insiders own 0.36% of the company's stock.

Key MACOM Technology Solutions News

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

• Positive Sentiment: Fiscal Q4 adjusted EPS was $2.09, topping the $2.00 consensus, while revenue of $424.82 million exceeded the $420.35 million estimate. Revenue rose 62.6% year over year, and EPS increased from $0.94 a year earlier. M/A-Com beats Q4 earnings and revenue estimates
• Positive Sentiment: Fiscal Q1 2027 guidance is notably above consensus: MACOM forecast EPS of $2.21–$2.29 versus $1.96 expected and revenue of $450–$460 million versus $431.1 million expected. MACOM reports fiscal fourth-quarter and fiscal-year results
• Neutral Sentiment: Despite the earnings beat and stronger outlook, coverage reported that MTSI shares dropped after the results. The available headlines do not establish a specific reason for the negative reaction. MACOM sales beat estimates but stock drops
• Negative Sentiment: Needham lowered its price target from $410 to $300, although it maintained a Buy rating. The reduced target may weigh on sentiment despite the analyst’s continued positive stance. Needham analyst recommendations

MACOM Technology Solutions Company Profile

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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