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MTSIMACOM Technology Solutions HoldSell5.4·$325.86-7.06%
SellModerate Confidence
Investment thesis

MACOM Technology Solutions combines 22% revenue growth and a near-perfect Piotroski score with a wide economic moat in semiconductors, but its current price has already reached the analyst target, leaving negative asymmetry and limiting the risk-reward for new positions.

Thesis pillars

  • Exceptional Growth And MoatStable
  • Customer Geographic Concentration RiskStable
  • Negative Price AsymmetryStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

MACOM Technology Solutions Hold (MTSI) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Technology · Semiconductors

Sell if holding. At $325.86, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top 10 customers (56.7%); Concentration risk — Geographic: international customers (56.3%).

MACOM Technology Solutions designs and manufactures analog semiconductor products — amplifiers, ICs, diodes, switches, and photonic components — for Industrial and Defense, Data Center, and Telecom markets, serving over 6,000 end customers. The company uses a fab-lite model with... Read more

$325.86+8.8% A.UpsideScore 5.4/10#26 of 54 Semiconductors
QualityF-score9 / 9FCF yield0.33%
Stop $303.47Target $350.61(analyst − 13%)A.R:R 0.6:1
Analyst target$403.00+23.7%14 analysts
$350.61our TP
$325.86price
$403.00mean
$450

Sell if holding. At $325.86, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top 10 customers (56.7%); Concentration risk — Geographic: international customers (56.3%). Chart setup: No clear chart pattern; technical signals are mixed. Score 5.4/10, moderate confidence.

Passes 6/8 gates (clean insider activity, no SEC red flags, news events none recent, earnings proximity 34d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Aug 6, 202634d to earnings· next earnings call

Thesis

Rewards
Strong growth profile
Wide economic moat
Risks
Concentration risk — Customer: top 10 customers (56.7%)
Concentration risk — Geographic: international customers (56.3%)
Thin upside margin: 8.8%

Key Metrics

P/E (TTM)137.1
P/E (Fwd)47.1
Mkt Cap$24.6B
EV/EBITDA103.6
Profit Mgn16.5%
ROE13.5%
Rev Growth22.5%
Beta1.66
DividendNone
Rating analysts22

Quality Signals

Piotroski F9/9MoatWideCompounder

Options Flow

P/C1.95bearish
IV95%elevated

Concentration Risks(10-K Item 1A)

  • HIGHCustomertop 10 customers57%
    10-K Item 1A: 'sales to our top 10 direct and distribution customers accounted for an aggregate of 56.7% of our revenue'
  • LOWCustomerone reseller (12.4% of revenue)12%
    10-K Item 1: 'One of our resellers accounted for 12.4% and 11.3% of our revenue in fiscal years 2025 and 2024, respectively'
  • LOWCustomersecond reseller (11.2% of revenue)11%
    10-K Item 1: 'A second reseller accounted for 11.2% of our revenue in fiscal year 2025'
  • HIGHGeographicinternational customers56%
    10-K Item 1A: 'Sales to customers located outside the U.S. accounted for 56.3% of our revenue for the fiscal year ended October 3, 2025'
  • MEDIUMGeographicChina28%
    10-K Item 1A: 'fiscal year 2025 sales to customers in China and the Asia Pacific region accounted for 28.4% and 11.5% of total fiscal year 2025 sales, respectively'
  • LOWGeographicAsia Pacific region12%
    10-K Item 1A: 'fiscal year 2025 sales to customers in China and the Asia Pacific region accounted for 28.4% and 11.5% of total fiscal year 2025 sales, respectively'
  • HIGHSuppliersingle foundry per process
    10-K Item 1: 'wafers procured from merchant foundries for a particular process technology are generally sourced through a single foundry on which we rely for all of our wafers in that process'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 floor-breakers·1 ceiling hit

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Pe
0.0
Ps
0.0
Forward Pe
2.5
Analyst Target
6.0
Peg Ratio
6.6
Forward P/E: 47.1xPEG: 1.10

Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static

Value Rank
2.0
Growth Rank
5.1
Quality Rank
6.2

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Ma Position
4.0
Volume
5.8
Rsi
7.9
Uptrend pullback (RSI 36) - buy opportunityVolume distribution (falling OBV)Above 200-day MA
GatesMomentum 3.7<4.5A.R:R 0.6 < 1.5@spotInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 34d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
36 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $312.86Resistance $401.69

Price Targets

$303
$351
A.Upside+7.6%
A.R:R0.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 3.7 (below the engine's 4.5 threshold)
! asymmetry at 0.6 (below the engine's 1.5 threshold)@spot

Earnings

B
B
M
M
2/4 beats
Next Earnings2026-08-06 (34d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is MTSI stock a buy right now?

Sell if holding. At $325.86, A.R:R 0.6:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Customer: top 10 customers (56.7%); Concentration risk — Geographic: international customers (56.3%). Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $303.47. Score 5.4/10, moderate confidence.

What is the MTSI stock price target?

Take-profit target: $350.61 (+8.8% upside). Prior stop was $303.47. Stop-loss: $303.47.

What are the risks of investing in MTSI?

Concentration risk — Customer: top 10 customers (56.7%); Concentration risk — Geographic: international customers (56.3%); Thin upside margin: 8.8%.

Is MTSI overvalued or undervalued?

MACOM Technology Solutions Hold trades at a P/E of 137.1 (forward 47.1). TrendMatrix value score: 3.0/10. Verdict: Sell.

What do analysts say about MTSI?

22 analysts cover MTSI with a consensus score of 4.0/5. Average price target: $403.

What does MACOM Technology Solutions Hold do?MACOM Technology Solutions designs and manufactures analog semiconductor products — amplifiers, ICs, diodes, switches,...

MACOM Technology Solutions designs and manufactures analog semiconductor products — amplifiers, ICs, diodes, switches, and photonic components — for Industrial and Defense, Data Center, and Telecom markets, serving over 6,000 end customers. The company uses a fab-lite model with internal GaAs, GaN, and InP fabrication in North America and France plus external foundry partners; international customers represented 56.3% of fiscal year 2025 revenue.

Related stocks: CBRS (Cerebras Systems Inc.) · CRDO (Credo Technology Group Holding ) · ADI (Analog Devices, Inc.) · SIMO (Silicon Motion Technology Corpo) · MPWR (Monolithic Power Systems, Inc.)
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