MACOM Technology Solutions - MTSI Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MACOM Technology Solutions in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTSI shares.
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6 equities research analysts have issued 12-month price objectives for MACOM Technology Solutions' shares. Their MTSI share price forecasts range from $64.00 to $75.00. On average, they expect the company's stock price to reach $67.56 in the next twelve months. This suggests that the stock has a possible downside of 0.9%.
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MACOM Technology Solutions' stock was trading at $62.98 on January 1st, 2023. Since then, MTSI stock has increased by 8.3% and is now trading at $68.18.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
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MACOM Technology Solutions will be holding an earnings conference call on Thursday, February 2nd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) posted its quarterly earnings results on Thursday, November, 3rd. The semiconductor company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.02. The semiconductor company had revenue of $178.14 million for the quarter, compared to analysts' expectations of $177.11 million. MACOM Technology Solutions had a net margin of 65.16% and a trailing twelve-month return on equity of 25.35%.

MACOM Technology Solutions updated its first quarter 2023 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of $0.78-$0.82 for the period, compared to the consensus earnings per share estimate of $0.75. The company issued revenue guidance of $177.00 million-$182.00 million, compared to the consensus revenue estimate of $179.28 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 institutional and retail investors. Top institutional shareholders include Ziegler Capital Management LLC (0.30%), Moody Aldrich Partners LLC (0.06%), Bridge City Capital LLC (0.05%), Assenagon Asset Management S.A. (0.02%), Crossmark Global Holdings Inc. (0.01%) and Fulton Bank N.A. (0.01%). 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.
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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.
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One share of MTSI stock can currently be purchased for approximately $68.18.

MACOM Technology Solutions (NASDAQ:MTSI) has a market capitalization of $4.82 billion and generates $675.17 million in revenue each year. The semiconductor company earns $439.95 million in net income (profit) each year or $6.18 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.