MACOM Technology Solutions Holdings Inc. (NASDAQ:MTSI) is one of the best NASDAQ growth stocks to buy for the next 2 years. On February 5, MACOM Technology Solutions delivered revenue of $271.6 million for FQ1 2026, which was a 24.5% year-over-year increase, while adjusted EPS totaled $1.02. Industrial & Defense and Data Center markets are reaching all-time high revenue levels of $117.7 million and $85.8 million, respectively.
The Data Center segment prompted management to raise its full-year growth outlook from 20% to a range of 35% to 40%. This is attributed to the rapid transition toward 1.6T optical products and sustained demand for 800G analog solutions among hyperscalers. To support this momentum, MACOM is expanding its photonics portfolio and manufacturing capacity, particularly for 200G-per-lane photodetectors and new CW lasers, while continuing to integrate its RTP fab to improve cycle times and long-term gross margins.
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However, the company faces some headwinds, including a flat outlook for the broader telecom market and production delays on a $55 million satellite contract due to customer-driven system changes. For FQ2, the company has guided for continued growth with revenues between $281 million and $289 million.
MACOM Technology Solutions Holdings Inc. (NASDAQ:MTSI), together with its subsidiaries, provides analog semiconductor solutions for use in wireless and wireline applications across the radio frequency, microwave, millimeter wave, and lightwave spectrum.
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Disclosure: None. This article is originally published at Insider Monkey.
