Zacks Research Brokers Boost Earnings Estimates for MTSI

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI - Free Report) - Investment analysts at Zacks Research lifted their Q1 2026 earnings estimates for MACOM Technology Solutions in a report issued on Wednesday, May 28th. Zacks Research analyst R. Department now forecasts that the semiconductor company will post earnings of $0.69 per share for the quarter, up from their previous estimate of $0.68. The consensus estimate for MACOM Technology Solutions' current full-year earnings is $2.43 per share. Zacks Research also issued estimates for MACOM Technology Solutions' Q1 2027 earnings at $0.71 EPS.

MTSI has been the topic of a number of other research reports. Benchmark reiterated a "buy" rating and set a $160.00 price objective on shares of MACOM Technology Solutions in a research report on Friday, May 9th. Northland Securities upgraded shares of MACOM Technology Solutions from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $105.00 to $140.00 in a research report on Monday, February 10th. Bank of America reduced their target price on MACOM Technology Solutions from $160.00 to $130.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Stifel Nicolaus reduced their target price on MACOM Technology Solutions from $150.00 to $120.00 and set a "buy" rating on the stock in a research note on Thursday, April 17th. Finally, Barclays upped their price target on shares of MACOM Technology Solutions from $125.00 to $150.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Two analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $130.50.

MACOM Technology Solutions Trading Up 1.4%

MTSI stock traded up $1.75 during mid-day trading on Friday, reaching $123.36. 276,711 shares of the stock traded hands, compared to its average volume of 682,567. The company has a debt-to-equity ratio of 0.33, a quick ratio of 2.88 and a current ratio of 3.61. MACOM Technology Solutions has a one year low of $84.00 and a one year high of $152.50. The stock has a market capitalization of $9.17 billion, a PE ratio of -85.70, a PEG ratio of 2.42 and a beta of 1.36. The business has a 50-day moving average price of $108.14 and a two-hundred day moving average price of $120.78.

MACOM Technology Solutions (NASDAQ:MTSI - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The semiconductor company reported $0.85 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.01. MACOM Technology Solutions had a negative net margin of 13.05% and a positive return on equity of 12.42%. The company had revenue of $235.89 million for the quarter, compared to analysts' expectations of $230.04 million. During the same quarter in the previous year, the business posted $0.59 earnings per share. MACOM Technology Solutions's quarterly revenue was up 30.2% on a year-over-year basis.

Insider Buying and Selling

In other MACOM Technology Solutions news, SVP Donghyun Thomas Hwang sold 4,944 shares of the stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $118.59, for a total transaction of $586,308.96. Following the completion of the sale, the senior vice president now directly owns 30,659 shares of the company's stock, valued at approximately $3,635,850.81. This represents a 13.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Susan Ocampo sold 300,000 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $123.58, for a total transaction of $37,074,000.00. Following the sale, the director now directly owns 4,377,764 shares of the company's stock, valued at approximately $541,004,075.12. The trade was a 6.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 420,558 shares of company stock valued at $51,836,705 over the last three months. 16.30% of the stock is owned by company insiders.

Institutional Trading of MACOM Technology Solutions

Several hedge funds have recently modified their holdings of MTSI. Blue Trust Inc. lifted its position in shares of MACOM Technology Solutions by 122.2% during the fourth quarter. Blue Trust Inc. now owns 480 shares of the semiconductor company's stock valued at $62,000 after buying an additional 264 shares during the last quarter. Jennison Associates LLC raised its position in shares of MACOM Technology Solutions by 0.5% in the 4th quarter. Jennison Associates LLC now owns 532,463 shares of the semiconductor company's stock valued at $69,172,000 after purchasing an additional 2,646 shares during the last quarter. Retirement Systems of Alabama raised its position in shares of MACOM Technology Solutions by 0.3% in the 4th quarter. Retirement Systems of Alabama now owns 99,826 shares of the semiconductor company's stock valued at $12,968,000 after purchasing an additional 271 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its position in shares of MACOM Technology Solutions by 11.5% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,778 shares of the semiconductor company's stock valued at $361,000 after purchasing an additional 286 shares during the last quarter. Finally, Lecap Asset Management Ltd. purchased a new position in shares of MACOM Technology Solutions in the 4th quarter valued at approximately $1,861,000. 76.14% of the stock is owned by hedge funds and other institutional investors.

About MACOM Technology Solutions

MACOM Technology Solutions Holdings, Inc, together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally.