MACOM Technology Solutions (NASDAQ:MTSI) Stock Price Target Lowered at Truist Financial

MACOM Technology Solutions (NASDAQ:MTSI) had its price objective reduced by Truist Financial from $375.00 to $310.00 in a report released on Friday morning,Benzinga reports. Truist Financial currently has a buy rating on the semiconductor company’s stock.

A number of other equities analysts also recently commented on the stock. Needham & Company LLC dropped their target price on shares of MACOM Technology Solutions from $410.00 to $300.00 and set a “buy” rating on the stock in a research note on Thursday. Zacks Research raised shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 24th. Wall Street Zen raised shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Raymond James Financial upgraded MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $300.00 target price for the company in a report on Tuesday, October 27th. Finally, Stifel Nicolaus set a $360.00 price objective on shares of MACOM Technology Solutions in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $321.67.

MACOM Technology Solutions Trading Up 10.8%

NASDAQ MTSI traded up $20.63 on Friday, hitting $210.98. 2,854,240 shares of the stock were exchanged, compared to its average volume of 1,677,193. The stock has a fifty day moving average price of $270.93 and a two-hundred day moving average price of $282.81. The firm has a market capitalization of $16.11 billion, a P/E ratio of 49.07, a P/E/G ratio of 0.73 and a beta of 1.82. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.78 and a current ratio of 2.34. MACOM Technology Solutions has a 52-week low of $150.80 and a 52-week high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last released its quarterly earnings results on Thursday, November 5th. The semiconductor company reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $2.00 by $0.09. MACOM Technology Solutions had a net margin of 20.70% and a return on equity of 17.82%. The firm had revenue of $424.82 million during the quarter, compared to analysts’ expectations of $420.35 million. During the same period in the previous year, the company earned $0.94 EPS. The firm’s revenue for the quarter was up 62.6% compared to the same quarter last year. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. Research analysts forecast that MACOM Technology Solutions will post 7.23 EPS for the current fiscal year.

Insider Activity at MACOM Technology Solutions

In related news, SVP Ambra Roth sold 653 shares of the firm’s stock in a transaction dated Thursday, October 1st. The shares were sold at an average price of $300.00, for a total transaction of $195,900.00. Following the completion of the sale, the senior vice president directly owned 9,184 shares in the company, valued at approximately $2,755,200. This trade represents a 6.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 1,027 shares of MACOM Technology Solutions stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $236.60, for a total transaction of $242,988.20. Following the sale, the chief financial officer directly owned 34,405 shares in the company, valued at approximately $8,140,223. The trade was a 2.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 9,321 shares of company stock valued at $2,917,644. 0.36% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Allworth Financial LP boosted its stake in shares of MACOM Technology Solutions by 4.4% in the 3rd quarter. Allworth Financial LP now owns 6,298 shares of the semiconductor company’s stock valued at $1,794,000 after buying an additional 263 shares during the period. Eurizon Capital SGR S.p.A. increased its holdings in shares of MACOM Technology Solutions by 33.6% in the 3rd quarter. Eurizon Capital SGR S.p.A. now owns 1,332 shares of the semiconductor company’s stock valued at $379,000 after acquiring an additional 335 shares during the period. Andar Capital Management HK Ltd purchased a new stake in shares of MACOM Technology Solutions in the third quarter valued at about $9,969,000. Fifth Third Bancorp lifted its position in MACOM Technology Solutions by 87.7% during the 3rd quarter. Fifth Third Bancorp now owns 34,214 shares of the semiconductor company’s stock worth $9,745,000 after acquiring an additional 15,987 shares during the period. Finally, New Mexico Educational Retirement Board grew its position in MACOM Technology Solutions by 10.6% in the 3rd quarter. New Mexico Educational Retirement Board now owns 14,600 shares of the semiconductor company’s stock valued at $4,158,000 after buying an additional 1,400 shares during the last quarter. Institutional investors and hedge funds own 76.14% of the company’s stock.

Key MACOM Technology Solutions News

Here are the key news stories impacting MACOM Technology Solutions this week:

• Positive Sentiment: Fiscal Q4 adjusted EPS of $2.09 topped the $2.00 consensus, while revenue of $424.82 million exceeded the $420.35 million estimate and rose 62.6% year over year. MACOM fiscal Q4 and FY2026 results
• Positive Sentiment: Q1 fiscal 2027 guidance came in above expectations: EPS of $2.21–$2.29 versus the $1.96 consensus and revenue of $450–$460 million versus $431.1 million. The company cited data-center demand, including growing interest in 1.6T products, and expects further growth and margin gains. Q4 earnings and data-center outlook
• Neutral Sentiment: A valuation analysis argued MTSI could be substantially undervalued following its Q4 results, though this is an analytical estimate rather than a company announcement. Valuation analysis
• Negative Sentiment: Despite maintaining a Buy rating, Truist cut its price target to $310 from $375. Needham also lowered its target, to $300 from $410. The reductions may weigh on sentiment even as both firms remain positive on the shares. Truist price-target report
• Negative Sentiment: Market skepticism around supply-chain constraints and shifts in end-market demand appears to have tempered the reaction to strong results, with coverage noting that the stock fell after the sales beat. Market skepticism and supply-chain concerns

About MACOM Technology Solutions

MACOM Technology Solutions designs and supplies semiconductor products for applications that use radio frequency, microwave, millimeter-wave and optical signals. Its products include amplifiers, switches, diodes, mixers, attenuators and other components used in communications and electronic systems.

The company serves customers in markets including telecommunications, data centers, aerospace and defense, and industrial applications. Its components are used in equipment such as wireless infrastructure, high-speed optical networks, radar and test systems.

Headquartered in Lowell, Massachusetts, MACOM traces its history to Microwave Associates, founded in 1950.