MACOM Technology Solutions (NASDAQ:MTSI) Price Target Raised to $345.00

Key Points

• Analyst price-target upgrades: JPMorgan raised its target from $240 to $345 (maintaining a "neutral" rating) and several brokers including Needham and Truist lifted targets to $400 and $375 respectively, helping push the stock above $358 on the day.
• Earnings beat and upbeat guidance: MACOM reported Q2 revenue of ~$289M (+22.5% y/y) and adjusted EPS of $1.09, beating estimates, and guided Q3 adj. EPS to $1.31–$1.37 with revenue $331M–$339M, driving positive analyst re-rating.
• Investor-side caution: Significant recent insider selling (over $137M in the past three months) and notable institutional portfolio reductions may limit near-term upside despite strong results.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) had its price target boosted by stock analysts at JPMorgan Chase & Co. from $240.00 to $345.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a "neutral" rating on the semiconductor company's stock. JPMorgan Chase & Co.'s target price would indicate a potential downside of 3.72% from the stock's previous close.

A number of other research analysts have also weighed in on MTSI. Loop Capital started coverage on MACOM Technology Solutions in a report on Friday, April 10th. They issued a "buy" rating and a $300.00 price objective on the stock. Weiss Ratings raised shares of MACOM Technology Solutions from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, January 26th. Needham & Company LLC lifted their price objective on shares of MACOM Technology Solutions from $250.00 to $400.00 and gave the company a "buy" rating in a research note on Friday. Wall Street Zen cut shares of MACOM Technology Solutions from a "buy" rating to a "hold" rating in a report on Saturday, May 2nd. Finally, Benchmark boosted their price target on shares of MACOM Technology Solutions from $160.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, MACOM Technology Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $316.82.

MACOM Technology Solutions Stock Up 4.0%

Shares of MTSI stock traded up $13.86 during trading hours on Friday, reaching $358.33. 743,448 shares of the company's stock were exchanged, compared to its average volume of 1,299,745. The stock's 50 day moving average is $249.02 and its 200-day moving average is $209.70. MACOM Technology Solutions has a fifty-two week low of $117.17 and a fifty-two week high of $364.00. The company has a market cap of $26.88 billion, a price-to-earnings ratio of 168.22, a P/E/G ratio of 5.15 and a beta of 1.60. The company has a current ratio of 3.96, a quick ratio of 3.18 and a debt-to-equity ratio of 0.30.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last issued its quarterly earnings results on Thursday, May 7th. The semiconductor company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.02. MACOM Technology Solutions had a return on equity of 15.55% and a net margin of 15.88%.The business had revenue of $288.96 million during the quarter, compared to the consensus estimate of $285.20 million. During the same quarter last year, the company earned $0.85 earnings per share. The company's quarterly revenue was up 22.5% on a year-over-year basis. MACOM Technology Solutions has set its Q3 2026 guidance at 1.310-1.370 EPS. Analysts predict that MACOM Technology Solutions will post 3.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Geoffrey G. Ribar sold 2,244 shares of the company's stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $253.59, for a total transaction of $569,055.96. Following the completion of the transaction, the director directly owned 13,410 shares of the company's stock, valued at $3,400,641.90. This represents a 14.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Robert Dennehy sold 18,398 shares of the company's stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $245.25, for a total value of $4,512,109.50. Following the transaction, the chief operating officer directly owned 12,864 shares of the company's stock, valued at approximately $3,154,896. This trade represents a 58.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 551,557 shares of company stock worth $137,590,774 in the last three months. 0.36% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in MTSI. Advisory Services Network LLC bought a new stake in MACOM Technology Solutions during the 3rd quarter worth about $25,000. EverSource Wealth Advisors LLC raised its holdings in MACOM Technology Solutions by 75.6% during the third quarter. EverSource Wealth Advisors LLC now owns 216 shares of the semiconductor company's stock worth $27,000 after acquiring an additional 93 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in MACOM Technology Solutions during the fourth quarter worth about $30,000. GHP Investment Advisors Inc. acquired a new position in MACOM Technology Solutions during the first quarter valued at approximately $31,000. Finally, Smartleaf Asset Management LLC grew its stake in MACOM Technology Solutions by 108.7% in the third quarter. Smartleaf Asset Management LLC now owns 288 shares of the semiconductor company's stock valued at $36,000 after purchasing an additional 150 shares in the last quarter. Institutional investors own 76.14% of the company's stock.

MACOM Technology Solutions News Roundup

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

• Positive Sentiment: Q2 results beat and strong margins — MACOM reported fiscal Q2 revenue of ~$289M (+22.5% y/y) and adjusted EPS of $1.09, beating estimates; adjusted gross margin was ~58.5%. The quarter showed accelerating revenue and healthy profitability, supporting higher multiple expectations. Press Release
• Positive Sentiment: Very upbeat Q3 guidance — Management guided Q3 adjusted EPS to $1.31–$1.37 and revenue to $331M–$339M (well above consensus), with margins expected to improve further; that forward outlook is driving positive re-rating. Earnings Release
• Positive Sentiment: Multiple analyst price-target upgrades — Several brokers raised targets and/or ratings after the print: Needham and Barclays raised targets to $400 (buy/overweight) and Truist raised to $375 (buy), signaling renewed analyst confidence and supporting near-term buying interest. Benzinga TickerReport
• Neutral Sentiment: Analyst lift but one neutral call — Susquehanna raised its target to $350 but kept a “neutral” rating (PT slightly below/around the current market level), which mutes uniform bullishness. Benzinga
• Neutral Sentiment: Transcripts and coverage available — Earnings call transcript and follow-up writeups (Seeking Alpha, Zacks) provide more color for investors but are informational rather than market-moving by themselves. Earnings Call Transcript
• Negative Sentiment: Significant insider selling — Reports show extensive insider sales by multiple executives over recent months (large dollar volumes), which can concern some investors about insider conviction even though sales may be for non-fundamental reasons. Insider Activity / Quiver summary
• Negative Sentiment: Large institutional rebalancing — Data show big portfolio reductions by some large managers (e.g., T. Rowe Price, Macquarie) in recent quarters; such selling can cap near-term upside despite the beat. Quiver / institutional moves

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.

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