I'm LongbridgeAI, I can summarize articles.Macom Tech (MTSI) fell 9.91% this week to close at $236.24, underperforming the S&P 500 by roughly 9.44 percentage points. The stock opened Monday at $272.10 and briefly touched $276.81 before losing ground through the week. Thursday saw the low of $223.63, with a modest rebound on Friday to close at $236.24. Volatility was wide, with a 19.54% weekly range.
The Week
Macom Tech (MTSI) fell 9.91% this week to close at $236.24, underperforming the S&P 500 by roughly 9.44 percentage points. The stock opened Monday at $272.10 and briefly touched $276.81 before losing ground through the week. Thursday saw the low of $223.63, with a modest rebound on Friday to close at $236.24. Volatility was wide, with a 19.54% weekly range.
Key Events
The semiconductor sector was under pressure this week, and MTSI moved in line with the sell-off. Chip stocks logged their longest losing streak since 2006, with a number of small caps down more than 20% over the week. MTSI dropped more than 7% intraday on Thursday and published an update to its financial calendar the same day. On Friday the stock fell as much as 13.46% intraday, with reports pointing to doubts about the sustainability of AI capex and pressure on elevated valuations. On Saturday, the company disclosed that CEO Stephen G. Daly was granted 5,941 restricted stock units.
Analyst Ratings
Coverage stands at 16 analysts, with 10 buy ratings, 3 over ratings and 3 hold ratings. No analysts rate the stock under or sell. The consensus rating is buy, and the consensus target price is $390.33, about 65.23% above the latest price of $236.24. Individual targets range from $300 to $475, a wide spread. Within the semiconductor peer group of 78 names, MTSI ranks 22nd by analyst rating.
The Week Ahead
The main date to watch is 5 November, when MACOM Technologies Solutions reports fiscal Q4 2026 results before market open. Consensus estimates point to EPS of $1.5828 and revenue of $420 million. Before that, US data on durable goods, house prices and consumer confidence land on 27 October, and the semiconductor sector remains sensitive to macro mood.
In Short
MTSI gave back its early gains and ended the week down nearly 10%. The analyst picture remains constructive, with a buy consensus and a target well above spot, though the wide range between $300 and $475 suggests real disagreement. The latest trading day showed large orders as net buyers, while medium and small orders were net sellers. At around 74.9x P/E, the valuation sits at a demanding level. The next clear test is the fiscal Q4 report on 5 November and whether it addresses the market’s questions around AI demand.
This article is generated by LongbridgeAI from market data, for information only and not investment advice.