Reading the tape
NASDAQ: MTSI
MACOM Technology Solutions Holdings, Inc.
Technology · Semiconductors
Market Cap
$21.88B
52w High
$299.82
52w Low
$109.09
P/E
134.66
Volume
1.16M
Outstanding Shares
75.01M
Price vs Fundamentals
Why The Stock Is Moving
Optimism is getting priced inModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 156.52%Revenue (TTM): 29.12%FCF (TTM): -23.31%P/E: 95th pct
What changed
The stock rose 156.52% over the last year. Revenue grew 29.12% over the trailing twelve months. Operating margin moved from 11.09% to 15.23%. Free cash flow declined 23.31% over the trailing twelve months.
What the market seems to be pricing
The stock is trading toward the richer end of its historical P/E range (95th percentile) while business metrics are improving. More of the upside is already embedded in the multiple now.
What would invalidate this read
Operating margin is at 15.23% — continued expansion would be needed to justify the premium. Revenue growth of 29.12% is encouraging, but any deceleration puts the stretched multiple at risk. This read changes if revenue, margins, and cash flow continue to improve faster than expected — in that case the richer multiple could still prove conservative.
Company profile
MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, the Asia Pacific, and internationally.
CEOStephen G. Daly
SectorTechnology
IndustrySemiconductors
Employees1,700
IPO dateMar 15, 2012
Valuation
Forward P/E—
EV/EBITDA247.63
Enterprise value$9.85B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth24.52%
Gross margin54.46%▲7.93%vs FY2024
Operating margin15.23%▲16.61%vs FY2024
ROE-4.08%▼159.86%vs FY2024
Analyst consensus
RatingBuy
Target price$254.00▼12.93%
14
Buy
7
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 7, 2026
Q2 FY26 · EPS est $1.07 · Revenue est $285.2M
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