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Buy Rating Affirmed for MACOM Technology Solutions Holdings Amid Strategic Fab Transition and Record Revenue Growth

Buy Rating Affirmed for MACOM Technology Solutions Holdings Amid Strategic Fab Transition and Record Revenue Growth

MACOM Technology Solutions Holdings, the Technology sector company, was revisited by a Wall Street analyst today. Analyst David Williams from Benchmark Co. reiterated a Buy rating on the stock and has a $160.00 price target.

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David Williams has given his Buy rating due to a combination of factors that highlight MACOM Technology Solutions Holdings’ strong performance and future potential. Despite a temporary margin impact from the accelerated transition of their RTP fab, Williams views the market’s reaction as excessive and sees this as a buying opportunity. The early control of the fab is expected to enhance yields, processes, and capacity, ultimately turning into a margin tailwind by mid-fiscal year. This strategic move positions MTSI to deliver earnings growth beyond its already impressive revenue trajectory.
Furthermore, MTSI’s record revenue performance in the third quarter, driven by broad-based growth across key markets such as Industrial & Defense, Data Center, and Telecom, underscores its robust market position. The company’s exposure to high-growth end markets and differentiated technology, along with the expected growth in its Data Center and I&D segments, supports the Buy rating. Williams maintains a $160 price target, reflecting confidence in MTSI’s ability to leverage its strategic advantages and deliver high-performance products to its diversified customer base.

Williams covers the Technology sector, focusing on stocks such as IonQ, D-Wave Quantum, and Plexus. According to TipRanks, Williams has an average return of 27.3% and a 51.30% success rate on recommended stocks.

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