MACOM Technology Solutions Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last year. There are currently 1 hold rating and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MACOM Technology Solutions stock.
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Wall Street analysts have given MACOM Technology Solutions a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but MACOM Technology Solutions wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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MACOM Technology Solutions is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for MACOM Technology Solutions.

MACOM Technology Solutions will be holding an earnings conference call on Thursday, July 29th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "2284784".

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) posted its quarterly earnings results on Thursday, April, 29th. The semiconductor company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.04. The semiconductor company had revenue of $150.60 million for the quarter, compared to analysts' expectations of $150 million. MACOM Technology Solutions had a positive trailing twelve-month return on equity of 23.60% and a negative net margin of 0.28%. The business's quarterly revenue was up 19.1% on a year-over-year basis. During the same period last year, the business earned $0.17 EPS.
View MACOM Technology Solutions' earnings history.

MACOM Technology Solutions' stock was trading at $20.82 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, MTSI shares have increased by 186.2% and is now trading at $59.58.
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MACOM Technology Solutions updated its third quarter 2021 earnings guidance on Thursday, May, 6th. The company provided EPS guidance of 0.520-0.560 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.480. The company issued revenue guidance of $150 million-$154 million, compared to the consensus revenue estimate of $151.75 million.

11 brokerages have issued 1-year price targets for MACOM Technology Solutions' stock. Their forecasts range from $40.00 to $75.00. On average, they expect MACOM Technology Solutions' share price to reach $60.33 in the next twelve months. This suggests a possible upside of 1.3% from the stock's current price.
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6 employees have rated MACOM Technology Solutions CEO Steve Daly on Glassdoor.com. Steve Daly has an approval rating of 80% among MACOM Technology Solutions' employees.

Some companies that are related to MACOM Technology Solutions include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Marvell Technology (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Maxim Integrated Products (MXIM), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR) and Lattice Semiconductor (LSCC).
View all of MTSI's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other MACOM Technology Solutions investors own include NVIDIA (NVDA), Square (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."

Shares of MTSI 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.
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One share of MTSI stock can currently be purchased for approximately $59.58.

MACOM Technology Solutions has a market capitalization of $4.09 billion and generates $530.04 million in revenue each year. The semiconductor company earns $-46,080,000.00 in net income (profit) each year or $0.39 on an earnings per share basis.

MACOM Technology Solutions employs 1,050 workers across the globe.

The official website for MACOM Technology Solutions is www.macom.com.

MACOM Technology Solutions is headquartered at 100 CHELMSFORD STREET, LOWELL MA, 01851.

MACOM Technology Solutions' mailing address is 100 CHELMSFORD STREET, LOWELL MA, 01851. The semiconductor company can be reached via phone at (978) 656-2500 or via email at [email protected]