MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is one of the On May 19, 2026, Evercore ISI analyst Mark Lipacis raised the firm’s price target on MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) to $427 from $275 and kept an Outperform rating on the shares.
Following a new round of Q1 AI channel checks, the firm said key themes included a shift from AI training-driven workloads toward inference-driven workloads by the end of 2026
Evercore added that the transition is increasing industry focus on cost-per-token, return on investment, and total cost of ownership, which is driving greater hyperscaler interest in internally developed ASICs and alternative accelerators. Northland analyst Tim Savageaux also raised the firm’s price target on MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) to $375 from $300 and keeps an Outperform rating on the shares following what the firm described as a “solidly better” fiscal Q2 and a “step function upside” in Q3 guidance. Earlier in the month, MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) reported fiscal Q2 adjusted EPS of $1.09, versus the consensus estimate of $1.07.
Revenue totaled $288.96M, versus the consensus estimate of $284.59M. President and CEO Stephen G. Daly said the company was pleased with its first-half fiscal year performance and expects strong revenue growth and profitability in the second half of the year.