MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) updated its fourth quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 1.970-2.030 for the period, compared to the consensus EPS estimate of 1.490. The company issued revenue guidance of $415.0 million-$425.0 million, compared to the consensus revenue estimate of $364.1 million.
MACOM Technology Solutions Stock Up 11.0%
MACOM Technology Solutions stock traded up $28.95 during mid-day trading on Thursday, hitting $292.41. The company's stock had a trading volume of 727,653 shares, compared to its average volume of 1,465,873. The firm's 50 day moving average is $328.14 and its 200 day moving average is $286.07. The company has a market cap of $22.31 billion, a PE ratio of 126.70, a price-to-earnings-growth ratio of 2.24 and a beta of 1.70. The company has a debt-to-equity ratio of 0.29, a current ratio of 7.52 and a quick ratio of 5.84. MACOM Technology Solutions has a 52-week low of $118.16 and a 52-week high of $418.90.
MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last released its earnings results on Thursday, August 6th. The semiconductor company reported $1.40 earnings per share for the quarter, beating the consensus estimate of $1.35 by $0.05. The company had revenue of $342.24 million for the quarter, compared to analysts' expectations of $335.53 million. MACOM Technology Solutions had a return on equity of 16.01% and a net margin of 16.46%.The business's revenue for the quarter was up 35.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.90 EPS. MACOM Technology Solutions has set its Q4 2026 guidance at 1.970-2.030 EPS. On average, analysts anticipate that MACOM Technology Solutions will post 3.68 earnings per share for the current year.
Analyst Ratings Changes
MTSI has been the topic of several research reports. Bank of America upped their price objective on shares of MACOM Technology Solutions from $260.00 to $305.00 and gave the company a "buy" rating in a research note on Monday, April 13th. Needham & Company LLC lifted their target price 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, May 8th. Barclays boosted their price target on shares of MACOM Technology Solutions from $400.00 to $450.00 and gave the company an "overweight" rating in a report on Friday, May 22nd. Zacks Research downgraded shares of MACOM Technology Solutions from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 24th. Finally, JPMorgan Chase & Co. increased their price objective on MACOM Technology Solutions from $240.00 to $345.00 and gave the stock a "neutral" rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $330.45.
Get Our Latest Stock Report on MTSI
Insider Transactions at MACOM Technology Solutions
In other MACOM Technology Solutions news, Director Charles R. Bland sold 800 shares of the stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $380.00, for a total transaction of $304,000.00. Following the transaction, the director owned 14,338 shares in the company, valued at $5,448,440. This trade represents a 5.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO John Kober sold 7,644 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $359.25, for a total transaction of $2,746,107.00. Following the completion of the transaction, the chief financial officer directly owned 40,972 shares in the company, valued at approximately $14,719,191. This represents a 15.72% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 74,378 shares of company stock worth $27,732,022. 0.36% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of MTSI. Whale Rock Capital Management LLC bought a new position in MACOM Technology Solutions in the 4th quarter worth approximately $134,164,000. Wellington Management Group LLP boosted its position in shares of MACOM Technology Solutions by 180.6% in the third quarter. Wellington Management Group LLP now owns 986,438 shares of the semiconductor company's stock valued at $122,802,000 after acquiring an additional 634,903 shares during the period. Raymond James Financial Inc. boosted its position in shares of MACOM Technology Solutions by 122.1% in the fourth quarter. Raymond James Financial Inc. now owns 602,450 shares of the semiconductor company's stock valued at $104,440,000 after acquiring an additional 331,206 shares during the period. Millennium Management LLC grew its stake in shares of MACOM Technology Solutions by 94.7% in the fourth quarter. Millennium Management LLC now owns 602,940 shares of the semiconductor company's stock worth $103,272,000 after acquiring an additional 293,289 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in shares of MACOM Technology Solutions by 49.3% in the fourth quarter. Janus Henderson Group PLC now owns 679,086 shares of the semiconductor company's stock worth $116,316,000 after acquiring an additional 224,306 shares during the last quarter. 76.14% of the stock is currently owned by institutional investors and hedge funds.
MACOM Technology Solutions Company Profile
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Get Free Report)
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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