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 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MTSI shares.
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7 analysts have issued 1 year price objectives for MACOM Technology Solutions' stock. Their MTSI share price forecasts range from $62.00 to $90.00. On average, they anticipate the company's share price to reach $71.55 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
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MACOM Technology Solutions' stock was trading at $78.30 on January 1st, 2022. Since then, MTSI shares have decreased by 26.0% and is now trading at $57.91.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our MTSI earnings forecast.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) released its earnings results on Thursday, July, 28th. The semiconductor company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.57 by $0.02. The semiconductor company had revenue of $172.30 million for the quarter, compared to analyst estimates of $170.04 million. MACOM Technology Solutions had a trailing twelve-month return on equity of 27.65% and a net margin of 33.38%. The business's revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.44 EPS.

MACOM Technology Solutions issued an update on its fourth quarter 2022 earnings guidance on Thursday, August, 4th. The company provided earnings per share guidance of $0.74-$0.78 for the period, compared to the consensus earnings per share estimate of $0.74. The company issued revenue guidance of $175.00 million-$180.00 million, compared to the consensus revenue estimate of $177.85 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."

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 $57.91.

MACOM Technology Solutions (NASDAQ:MTSI) has a market capitalization of $4.05 billion and generates $606.92 million in revenue each year. The semiconductor company earns $37.97 million in net income (profit) each year or $3.06 on an earnings per share basis.

The company employs 1,100 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.