Needham analyst Quinn Bolton maintained a Buy rating on MACOM Technology Solutions Holdings today and set a price target of $400.00.
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Quinn Bolton has given his Buy rating due to a combination of factors tied to MACOM’s accelerating growth outlook and strong order momentum. He highlights that the company delivered results above expectations and sharply lifted its fiscal 2026 forecast, supported by robust demand across business lines and a record book‑to‑bill ratio of 1.5, indicating a well‑stocked pipeline of future revenue.
He also underscores that data center demand is inflecting positively as customers shift from 800G to 1.6T optical modules, prompting management to raise its year‑over‑year growth outlook for this segment to more than 60%. In addition, he notes that telecom revenues are poised for low double‑digit growth driven by 5G and LEO satellite opportunities, while the industrial and defense segment benefits from rising defense budgets, all of which support his higher $400 price target and Buy recommendation.
According to TipRanks, Bolton is a top 25 analyst with an average return of 49.8% and a 68.66% success rate. Bolton covers the Technology sector, focusing on stocks such as Nvidia, Credo Technology Group Holding Ltd, and Vicor.
In another report released today, Jefferies also reiterated a Buy rating on the stock with a $450.00 price target.