Kober John sold $243K of MTSI

MACOM Technology Solutions (MTSI) shares rose 6% after Raymond James upgraded the stock to Outperform with a $300 price target, citing a 30% October decline as a buying opportunity. The company expects fiscal Q4 revenue of $415M-$425M and analysts project 55% EPS growth by fiscal 2027. MACOM's forward P/E is below its 5-year average, and the company reports earnings on Nov. 5.

Broadcom (AVGO) and Macom (MTSI) were upgraded by analysts on Tuesday. D.A. Davidson raised AVGO to buy with a $400 target, up from $350. Raymond James upgraded MTSI to outperform. Both upgrades are tied to AI and data-center business growth.

Raymond James upgraded MACOM Technology Solutions to 'outperform' with a $300 price target, citing a 35% pullback and exposure to high-value sectors. The analyst sees 23% upside and highlights the company's lean structure and growth catalysts.

Macom Technology (MTSI) shares rose 2.5% premarket after Raymond James upgraded the stock to Outperform, citing growth opportunities. The firm previously had a Market Perform rating.

Raymond James upgraded MACOM Technology Solutions (MTSI) to Outperform with a $300 price target, citing diversified growth in data centers, space, defense, and communications. The stock has fallen 30% since October but is up 42% year-to-date. The firm expects 37% revenue growth in fiscal 2026 and 40% in fiscal 2027, highlighting MACOM's lean structure and attractive valuation with a PEG ratio of 0.18.

MACOM Technology Solutions (MTSI) shares rose 7.3% after BMO Capital upgraded the stock to Outperform, citing strong interest in its 3.2-terabit optical chipset for AI data centers. The company showcased its RF and microwave products at European Microwave Week, driving investor interest. MTSI shares are up 100% YTD but remain 14.4% below their 52-week high. The stock is volatile, with 42 moves greater than 5% in the past year.