MACOM Technology Solutions Holdings, Inc. (MTSI) - Stock Analysis
Last updated: May 9, 2026
Research Idea
Research content for general circulation. Not individualized advice. Methodology & Disclosures
Q2 beat with EPS of $1.09 versus $1.07 consensus and revenue up 22.5% YoY to $289M. Q3 revenue guidance of $331M-$339M, record 1.5:1 book-to-bill, record backlog, improving margins, strong free cash flow, and about 38.6% 21-day momentum support near-term continuation.
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AI Analyst Overview
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Valuation Metrics
Fundamental Analysis
Key Financial Insights: ⢠Profitability Rebound ⢠Strong Liquidity ⢠Rich Valuation MTSI's latest quarter shows a strong turnaround in profitability, cash flow, and leverage, but the stock still looks expensive and remains weighed down by prior-year losses.
Price Behavior
Key Price Behavior Insights: ⢠Higher lows ⢠Breakout momentum ⢠Stretch risk Support Level: $344.47 and $303.57-$309.81 Resistance Level: $359.88 MTSI has trended strongly higher over the last month, but after a fast breakout to $359.88 it looks stretched and vulnerable to a pullback unless it holds the $344.47-$303.57 support zone.
Sentiment & News
Key News Insights: ⢠EPS Beat ⢠Raised Target ⢠AI Demand MACOM (MTSI) delivered a solid fiscal Q2 2026 beat with an upbeat outlook, while a higher Stifel target and new institutional stake added to bullish momentum.
AI Summary
MTSI now looks less like a turnaround and more like a high-quality growth story with real operating leverage, strong cash generation, and a visible data center/defense demand runway, but the stock already prices in much of that upside so near-term returns hinge on flawless execution and sustained backlog conversion.
Description
MACOM Technology Solutions designs and manufactures analog semiconductor components for wireless, wireline and optical applications across RF, microwave, millimeter-wave and lightwave frequencies. Its product range includes standard and custom active and passive RF/optical devices, multi-chip modules and subsystems that are incorporated into wireless base stations, high-capacity optical networks, radar, medical equipment and test systems. The company supplies telecommunications, industrial and defense, medical and data center markets through a mix of direct sales, applications engineering, independent representatives and distribution; it was founded in 1950 and is headquartered in Lowell, Massachusetts.
Idea History
| Date | Close | Ticker | Company | Summary | Status | P/L |
|---|---|---|---|---|---|---|
| May 15 | May 22 | MTSI | MACOM Technology Solutions Holdings, Inc. | Q2 beat with EPS of $1.09 versus $1.07 consensus and revenue up 22.5% YoY to $289M. Q3 revenue guidance of $331M-$339M, record 1.5:1 book-to-bill, record backlog, improving margins, strong free cash flow, and about 38.6% 21-day momentum support near-term continuation. | Active | +0.0% |