MACOM Technology Solutions (NASDAQ:MTSI) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Market Beat
2026.05.08 12:38
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Needham & Company LLC has raised its target price for MACOM Technology Solutions (NASDAQ:MTSI) from $250.00 to $400.00, maintaining a "buy" rating. This suggests a potential upside of 16.12% from the current price. Other analysts have also increased their price targets, with an average target of $265.09. The stock opened at $344.47, with a one-year high of $355.00. MACOM reported a quarterly EPS of $1.09, exceeding estimates, and has set Q3 2026 guidance at 1.310-1.370 EPS. Insider selling has occurred, with significant shares sold recently.