Here’s Why MACOM (MTSI) is Among the 8 High Return Semiconductor Stocks to Buy Now

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) is one of the 8 High Return Semiconductor Stocks to Buy Now.

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.

Here's Why MACOM (MTSI) is Among the 8 High Return Semiconductor Stocks to Buy Now

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.

MACOM expects Q3 adjusted EPS of $1.31 to $1.37, versus the consensus estimate of $1.15. The company also expects Q3 revenue of $331M to $339M, versus the consensus estimate of $299.81M. Management said adjusted gross margin is projected to range between 59% and 60% during the quarter.

MACOM Technology Solutions Holdings, Inc. (NASDAQ:MTSI) develops analog semiconductor solutions used in wireless and wireline applications across RF, microwave, millimeter wave, and lightwave technologies.

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