MACOM Technology Solutions (NASDAQ:MTSI) Price Target Cut to $300.00 by Analysts at Needham & Company LLC

MACOM Technology Solutions (NASDAQ:MTSI) had its price objective cut by Needham & Company LLC from $410.00 to $300.00 in a research note published on Thursday, MarketBeat reports. They currently have a buy rating on the semiconductor company’s stock.

Several other research analysts have also weighed in on the stock. BMO Capital Markets upgraded shares of MACOM Technology Solutions from a “market perform” rating to an “outperform” rating and set a $335.00 price objective on the stock in a research note on Friday, September 18th. Wall Street Zen upgraded shares of MACOM Technology Solutions from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Zacks Research upgraded shares of MACOM Technology Solutions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 24th. Susquehanna decreased their target price on MACOM Technology Solutions from $350.00 to $300.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. Finally, Benchmark began coverage on MACOM Technology Solutions in a research note on Thursday, August 13th. They issued a “buy” rating and a $375.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $316.54.

MACOM Technology Solutions Stock Down 18.4%

MACOM Technology Solutions stock opened at $190.35 on Thursday. The company has a market cap of $14.54 billion, a P/E ratio of 61.21, a price-to-earnings-growth ratio of 0.76 and a beta of 1.82. The company has a fifty day simple moving average of $272.25 and a 200 day simple moving average of $282.87. The company has a current ratio of 2.34, a quick ratio of 1.78 and a debt-to-equity ratio of 0.04. MACOM Technology Solutions has a 1-year low of $150.80 and a 1-year high of $418.90.

MACOM Technology Solutions (NASDAQ:MTSI) last released its earnings results on Thursday, November 5th. The semiconductor company reported $2.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.09. The business had revenue of $424.82 million for the quarter, compared to analyst estimates of $420.35 million. MACOM Technology Solutions had a return on equity of 17.82% and a net margin of 20.70%. MACOM Technology Solutions’s revenue was up 62.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.94 earnings per share. MACOM Technology Solutions has set its Q1 2027 guidance at 2.210-2.290 EPS. Research analysts anticipate that MACOM Technology Solutions will post 4.26 earnings per share for the current fiscal year.

Insider Buying and Selling at MACOM Technology Solutions

In other news, SVP Ambra Roth sold 653 shares of the business’s stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $300.00, for a total value of $195,900.00. Following the completion of the transaction, the senior vice president directly owned 9,184 shares in the company, valued at approximately $2,755,200. The trade was a 6.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO John Kober sold 7,389 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $326.08, for a total transaction of $2,409,405.12. Following the sale, the chief financial officer owned 33,583 shares in the company, valued at $10,950,744.64. This represents a 18.03% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 9,321 shares of company stock valued at $2,917,644 in the last ninety days. 0.36% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in MTSI. Jupiter Topco LLC bought a new position in shares of MACOM Technology Solutions in the 2nd quarter valued at $256,612,000. Bank of America Corp DE bought a new position in shares of MACOM Technology Solutions during the second quarter valued at $247,732,000. Bank of New York Mellon Corp bought a new position in shares of MACOM Technology Solutions during the second quarter valued at $204,593,000. Deutsche Bank AG acquired a new stake in MACOM Technology Solutions in the second quarter valued at $137,970,000. Finally, TimesSquare Capital Management LLC acquired a new position in MACOM Technology Solutions during the 2nd quarter worth about $99,499,000. Institutional investors own 76.14% of the company’s stock.

Key Headlines Impacting MACOM Technology Solutions

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

• Positive Sentiment: Fiscal Q4 adjusted EPS was $2.09, topping the $2.00 consensus, while revenue of $424.82 million exceeded estimates of $420.35 million and increased 62.6% year over year. Article: M/A-Com Beats Q4 Earnings and Revenue Estimates
• Positive Sentiment: For fiscal Q1 2027, MACOM guided to EPS of $2.21–$2.29, above the $1.96 consensus, and revenue of $450–$460 million, versus expectations of $431.1 million. This outlook points to continued growth.
• Negative Sentiment: Shares declined sharply despite the earnings beat and upbeat outlook. Needham lowered its price target to $300 from $410, while retaining a Buy rating; the reduced target may have added pressure. Article: Needham & Company analyst ratings

MACOM Technology Solutions Company Profile

MACOM Technology Solutions Holdings, Inc develops and manufactures high-performance semiconductor products for applications involving radio frequency, microwave, millimeter-wave, analog, mixed-signal and optical technologies. Its offerings include integrated circuits, discrete components, modules and semiconductor devices designed to support communications, connectivity and sensing systems.

The company serves markets including telecommunications, data centers, aerospace and defense, industrial, automotive and consumer applications.