MACOM Technology Solutions - MTSI Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTSI shares.
View MTSI analyst ratings or view top-rated stocks.

7 brokerages have issued 12 month target prices for MACOM Technology Solutions' stock. Their MTSI share price forecasts range from $64.00 to $76.00. On average, they predict the company's share price to reach $67.89 in the next year. This suggests a possible upside of 3.2% from the stock's current price.
View analysts price targets for MTSI or view top-rated stocks among Wall Street analysts.

MACOM Technology Solutions' stock was trading at $62.98 on January 1st, 2023. Since then, MTSI stock has increased by 4.5% and is now trading at $65.80.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our MTSI earnings forecast.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) issued its quarterly earnings results on Thursday, February, 2nd. The semiconductor company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.64 by $0.05. The semiconductor company earned $180.10 million during the quarter, compared to the consensus estimate of $179.48 million. MACOM Technology Solutions had a trailing twelve-month return on equity of 24.60% and a net margin of 47.53%.

MACOM Technology Solutions issued an update on its second quarter earnings guidance on Thursday, February, 2nd. The company provided EPS guidance of $0.76-$0.80 for the period, compared to the consensus earnings per share estimate of $0.77. The company issued revenue guidance of $166-$170 million, compared to the consensus revenue estimate of $178.80 million.

6 employees have rated MACOM Technology Solutions Chief Executive Officer Steve Daly on Glassdoor.com. Steve Daly has an approval rating of 80% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other MACOM Technology Solutions investors own include NVIDIA (NVDA), Block (SQ), Advanced Micro Devices (AMD), Marvell Technology (MRVL), Cisco Systems (CSCO), Alibaba Group (BABA), Intel (INTC), Editas Medicine (EDIT), Cognex (CGNX) and QUALCOMM (QCOM).

MACOM Technology Solutions trades on the NASDAQ under the ticker symbol "MTSI."

MACOM Technology Solutions' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Emerald Advisers LLC (0.85%), Emerald Mutual Fund Advisers Trust (0.67%), Analog Century Management LP (0.31%), Ziegler Capital Management LLC (0.30%), WCM Investment Management LLC (0.28%) and New York State Common Retirement Fund (0.25%). Insiders that own company stock include Ambra R Roth, Charles R Bland, Donghyun Thomas Hwang, Douglas J Carlson, Douglas J Carlson, Geoffrey G Ribar, John Kober, John L Ocampo, Peter Y Chung, Robert Dennehy, Stephen G Daly and Stephen G Daly.
View institutional ownership trends.

Shares of MTSI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MTSI stock can currently be purchased for approximately $65.80.

MACOM Technology Solutions (NASDAQ:MTSI) has a market capitalization of $4.65 billion and generates $675.17 million in revenue each year. The semiconductor company earns $439.95 million in net income (profit) each year or $4.64 on an earnings per share basis.

The company employs 1,200 workers across the globe.

MACOM Technology Solutions' mailing address is 100 CHELMSFORD STREET, LOWELL MA, 01851. The official website for the company is www.macom.com. The semiconductor company can be reached via phone at (978) 656-2500, via email at ir@macomtech.com, or via fax at 978-656-2804.