Shares of MACOM Technology Solutions (MTSI, Financial) received a price target update from analyst Vivek Arya of B of A Securities. The firm has raised its price target from $140.00 to $160.00 USD. This adjustment reflects a notable 14.29% increase from the previous valuation.
The analyst maintained a "Buy" rating on the stock of MACOM Technology Solutions (MTSI, Financial), consistent with the prior assessment. This suggests a continued positive outlook for the company's financial performance and market position.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for MACOM Technology Solutions Holdings Inc (MTSI, Financial) is $143.08 with a high estimate of $160.00 and a low estimate of $107.00. The average target implies an upside of 3.19% from the current price of $138.65. More detailed estimate data can be found on the MACOM Technology Solutions Holdings Inc (MTSI) Forecast page.
Based on the consensus recommendation from 16 brokerage firms, MACOM Technology Solutions Holdings Inc's (MTSI, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MACOM Technology Solutions Holdings Inc (MTSI, Financial) in one year is $120.31, suggesting a downside of 13.23% from the current price of $138.65. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MACOM Technology Solutions Holdings Inc (MTSI) Summary page.
