MACOM Technology Solutions Holdings Receives Buy Rating and $146 Price Target from Evercore ISI Analyst

MACOM Technology Solutions Holdings (MTSI) has received a Buy rating from Evercore ISI analyst Mark Lipacis, with a price target of $146.00. MTSI's market cap is $10.14B and has a P/E ratio of -111.69. The company has a Strong Buy consensus with a price target of $151.78. Corporate insider sentiment is negative, with an increase in insiders selling their shares over the past quarter.

MACOM Technology Solutions Holdings (MTSI), a leading designer, manufacturer, and supplier of semiconductor solutions, has received a Buy rating from Evercore ISI analyst Mark Lipacis, with a price target of $146.00. This rating comes as the company continues to show strong momentum in its financial performance and market position.

MTSI's market capitalization stands at $10.14 billion, with a P/E ratio of -111.69, reflecting the company's robust valuation. The stock has been trading at a premium, with a strong consensus rating of Strong Buy, with a price target of $151.78. However, corporate insider sentiment has been negative, with an increase in insider selling activity over the past quarter.

The company's recent financial performance has been impressive. In the second quarter of 2025, MTSI reported sales of nearly $236 million, a 30% increase year-over-year, and adjusted earnings of $0.85 per share. This momentum is expected to continue, with the company guiding for third-quarter sales at a midpoint of $250 million. Additionally, the company's book-to-bill ratio of 1.1 times in the second quarter indicates a record backlog, further supporting the company's growth prospects.

Despite the strong performance, the company's valuation multiples remain high, with an enterprise valuation of $10 billion, valuing operations at 10 times sales and at a near 70 times realistic earnings multiple. This high valuation reflects the strong demand for MTSI's products and services in the semiconductor industry.

MTSI's recent acquisitions, such as the RF business from Wolfspeed, have contributed to its growth. The company's broad portfolio of products, covering RF, microwave, analog, mixed signal, and optical technologies, is supplied to more than 6,000 customers, with products ranging from RF to light.

Investors should stay informed about MTSI's earnings report and guidance, as well as broader market conditions, to make informed decisions about the company's stock. The company's strong momentum and high valuation multiples suggest that the stock may be a good fit for investors with a long-term perspective and a tolerance for risk.

References:
[1] https://www.ainvest.com/news/evercore-15min-chart-triggered-kdj-golden-cross-bullish-marubozu-pattern-detected-2508/
[2] https://seekingalpha.com/article/4808179-macom-technology-solutions-impressive-momentum-demanding-valuations