WinstonWınston
Back
Stock

MACOM Technology Solutions Holdings

MTSI
65
Semiconductors · Technology
Price
$229.73
-43.32 (-15.87%)
pre-market:$233.40+1.60%
Market Cap
$17.54B
Exchange
NASDAQ
Winston Score
65
Winston is curious
A decent business — some strong pillars, some weaker.
Data as of Oct 23, 2026 · filings through Jul 3, 2026

§How the score breaks down

Quality
Good
19/30
Growth
Strong
14/20
Cash Flow
Good
6/10
Stability
Exceptional
10/10
Valuation
Good
5/10
Ownership
Good
8/15
Dividends
Not counted
n/a

62 of 95 counted points = Winston Score 65. Pillars marked n/a do not apply to this company and are left out of the total.

Track this stock — start free trial

Share count rising — dilution

+5.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 70.5M (2021) → 74.0M (2025)

§Winston Score History

The full picture

MACOM Technology Solutions makes specialized semiconductor chips used in high-speed communications networks, data centers, and defense systems. Its core products include amplifiers, switches, and other radio-frequency and optical components that help move data quickly through fiber-optic cables and wireless systems. The company sells to large telecom equipment makers, defense contractors, and cloud computing companies.

MACOM earns revenue by designing and selling these chips directly to equipment manufacturers, operating a mix of its own fabrication and third-party manufacturing. It operates primarily in North America, Europe, and Asia, generating roughly $700–800 million in annual revenue. Its competitive edge comes from deep engineering expertise in high-frequency analog and mixed-signal chips, which are difficult to design and take years to qualify with customers. The biggest growth driver is rising demand for faster data center interconnects tied to AI infrastructure buildouts, though the company faces risk from a concentrated customer base and cyclical swings in telecom spending.

Politician Trades

8 trades / 12mo

1 Congressional buy and 7 sells on MTSI in the last 12 months.

Unlock the full Smart Money Map — every trade plotted on the price chart with politicians, amounts and returns since each trade. Founder's Deal is $57/mo locked for life.

Unlock politician trades

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+35.8% YoY

YoY Growth Rate

Revenue accelerating

Reported EPS Growth

+169.4% YoY

Quarterly reporting periods ended:

4 Jul 2025: $0.49

3 Jul 2026: $1.32

Reported/statutory EPS, not adjusted or underlying earnings. One-off items can affect this figure. Provider rounding can affect the growth rate.

YoY Growth Rate

Reported EPS increased year over year

R&D Spend

$244M/ year

↑ Rising (+38% vs prior year)

25.3% of revenue

1.7x the sector average (15%)

Investing heavily in future products and technology

Insider Activity

9.6%ownership

→ Flat

Insider ownership roughly steady over the past year

Cash Runway

5+ years

Quarterly Free Cash Flow

↓ Burn rate worsening

$765M cash & investments at current burn rate

Revenue accelerating

MACOM Technology Solutions Holdings grew revenue 36% year-over-year and the growth rate is speeding up. That's the kind of momentum growth investors look for — the question is whether margins can follow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
58.3%
Premium pricing power — 58.3% gross margin
Profit after running costs
Operating Margin
22.5%
Excellent — 22.5% operating margin
Return on the money invested
ROCE
11.0%
Below par — 11.0% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+28.4%
Fast-growing sales (+28.4% YoY)
Profit growth
EPS YoY
N/A
Data not available
How steady the profit is
EPS Consistency
7/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
82%
Modest — 82% of profit becomes cash
Spare cash per sale
FCF Margin
10.2%
Modest free cash flow (10.2%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.24
Conservative — low debt load (0.24)
Covers its interest
Interest Cover
31.74x
Comfortably covers interest (31.7x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
71.8x
Expensive — P/E 71.8

P/E over 35. The market is pricing in heavy, sustained growth.

Cheaper or dearer next year
P/E vs Forward
+35.9
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (71.8 → 35.9)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial