MACOM Technology Solutions Holdings, Inc. (MTSI)

NASDAQ: MTSI · IEX Real-Time Price · USD
91.08
+1.59 (1.78%)
At close: Mar 18, 2024, 4:00 PM
91.50
+0.42 (0.46%)
After-hours: Mar 18, 2024, 6:09 PM EDT
1.78%
Market Cap 6.54B
Revenue (ttm) 625.45M
Net Income (ttm) 74.58M
Shares Out 72.07M
EPS (ttm) 1.04
PE Ratio 87.58
Forward PE 32.74
Dividend n/a
Ex-Dividend Date n/a
Volume 409,010
Open 90.86
Previous Close 89.49
Day's Range 90.06 - 91.71
52-Week Range 48.53 - 99.21
Beta 1.63
Analysts Strong Buy
Price Target 94.88 (+4.17%)
Earnings Date May 2, 2024

About MTSI

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, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passi... [Read more]

Industry Semiconductors
Sector Technology
IPO Date Mar 15, 2012
Employees 1,500
Stock Exchange NASDAQ
Ticker Symbol MTSI
Full Company Profile

Financial Performance

In 2023, MTSI's revenue was $648.41 million, a decrease of -3.96% compared to the previous year's $675.17 million. Earnings were $91.58 million, a decrease of -79.18%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for MTSI stock is "Strong Buy." The 12-month stock price forecast is $94.88, which is an increase of 4.17% from the latest price.

Price Target
$94.88
(4.17% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

MACOM to Showcase Capabilities at SATELLITE 2024

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, will showcase its latest products for space and hi-reliability a...

4 days ago - Business Wire

MACOM Reports Fiscal First Quarter 2024 Financial Results

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal f...

6 weeks ago - Business Wire

MACOM to Report First Quarter Fiscal Year 2024 Financial Results on February 1, 2024

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI) plans to announce financial results for its first quarter fiscal year 2024 ended December 29, 2023, b...

2 months ago - Business Wire

MACOM Announces Appointment of Raj Shanmugaraj to its Board of Directors

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced the appointment of Murugesan “Raj” Sha...

2 months ago - Business Wire

MACOM Completes Acquisition of Wolfspeed's RF Business

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced the completion of its acquisition of t...

3 months ago - Business Wire

Wolfspeed Completes Sale of RF Business to MACOM

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced it completed the sale of its radio frequency business (“Wolfspeed RF”) to MACOM Technology Solutions Holdings, Inc. (Nasdaq:...

Other symbols: WOLF
3 months ago - Business Wire

MACOM Announces the Passing of John Ocampo, Chairman of the Board of Directors

LOWELL, Mass.--(BUSINESS WIRE)--It is with immense sadness that MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI) announces the passing of John Ocampo, Chairman of the Board of Direct...

4 months ago - Business Wire

MACOM Reports Fiscal Fourth Quarter and Fiscal Year 2023 Financial Results

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal f...

4 months ago - Business Wire

MACOM to Report Fourth Quarter and Fiscal Year 2023 Financial Results on November 9, 2023

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI) plans to announce financial results for its fourth quarter and fiscal year ended September 29, 2023, ...

5 months ago - Business Wire

MACOM Buys Wolfspeed's Radio Frequency Business for $125 Million

Wolfspeed (WOLF) agreed to sell its radio frequency business, Wolfspeed RF, to semiconductor products supplier MACOM Technology Solutions (MTSI) for $125 million, the companies announced on Tuesday.

Other symbols: WOLF
7 months ago - Investopedia

Wolfspeed to Sell RF Business to MACOM for $125 Million

DURHAM, N.C.--(BUSINESS WIRE)--Wolfspeed, Inc. (NYSE: WOLF) today announced that Wolfspeed has entered into a definitive agreement to sell its radio frequency business (Wolfspeed RF) to MACOM Technolo...

Other symbols: WOLF
7 months ago - Business Wire

MACOM Announces Definitive Agreement to Acquire the RF Business of Wolfspeed, Inc.

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced that it has entered into a definitive ...

7 months ago - Business Wire

MACOM Reports Fiscal Third Quarter 2023 Financial Results

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal t...

8 months ago - Business Wire

MACOM Pays Off Outstanding Term Loans

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced that it has utilized approximately $12...

8 months ago - Business Wire

MACOM Appoints Wayne Struble as Senior Vice President, Advanced Semiconductor Technology

LOWELL, MA--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced the appointment of Wayne Struble as Senio...

8 months ago - Business Wire

MACOM to Report Third Quarter Fiscal Year 2023 Financial Results on August 3, 2023

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI) plans to announce financial results for its third quarter fiscal year 2023 ended June 30, 2023, befor...

8 months ago - Business Wire

MACOM Establishes European Semiconductor Center

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced that it has completed the acquisition ...

10 months ago - Business Wire

Dr. Douglas Carlson Announces Plans to Retire

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (Nasdaq: MTSI) (“MACOM"), a leading supplier of semiconductor products, today announced Dr. Douglas Carlson, Senior Vice Presi...

10 months ago - Business Wire

MACOM Reports Fiscal Second Quarter 2023 Financial Results

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal s...

11 months ago - Business Wire

MACOM to Report Second Quarter Fiscal Year 2023 Financial Results on May 4, 2023

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI) plans to announce financial results for its second quarter fiscal year 2023 ended March 31, 2023, bef...

11 months ago - Business Wire

MACOM Announces Acquisition of Linearizer Communications Group

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced that it has acquired Linearizer Commun...

1 year ago - Business Wire

MACOM Reports Fiscal First Quarter 2023 Financial Results

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (Nasdaq: MTSI), a leading supplier of semiconductor products, today announced its financial results for its fiscal...

1 year ago - Business Wire

MACOM Announces Definitive Agreement to Acquire Assets and Operations of OMMIC SAS

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI), a leading supplier of semiconductor products, today announced that it has entered into a definitiv...

1 year ago - Business Wire

MACOM to Report First Quarter Fiscal Year 2023 Financial Results on February 2, 2023

LOWELL, Mass.--(BUSINESS WIRE)--MACOM Technology Solutions Holdings, Inc. (“MACOM”) (NASDAQ: MTSI) plans to announce financial results for its first quarter fiscal year 2023 ended December 30, 2022,...

1 year ago - Business Wire