MTSI
MACOM Technology Solutions Holdings, Inc.
MTSI trails on the overall score without a compensating advantage in the available component scores.
MU
Micron Technology, Inc.
MU has the edge over MTSI overall, supported by stronger valuation and stronger fundamentals.
MTSI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MTSI's revenue, profitability, cash flow and balance sheet are all currently strong.
MU Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
MU's revenue, profitability, cash flow and balance sheet are all currently strong.
MTSI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $65.74 | -73% |
| Current | 57x | $246 | — |
| Fair | 81x | $349 | +42% |
| Expensive | 128x | $552 | +125% |
Historical ranges are pointers, not guarantees.
MTSI's PE is in its fair range at 57x.
MU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 4.6x | $798 | — |
| Cheap | 10x | $777 | -2.7% |
| Current | 11x | $798 | — |
| Fair | 22x | $1,646 | +106% |
| Expensive | 32x | $2,404 | +201% |
Historical ranges are pointers, not guarantees.
MU has the edge over MTSI in the historical PE scenario, which offers more potential upside but is not a forecast.
MTSI Forward outlook
There aren't enough analyst estimates for MTSI to show an outlook.
MU Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Broad | |
| Moderate |
Analysts expect strong earnings and revenue growth for MU, with profitability improving.
MTSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $4.31 | +$5.04 |
| Q2 2026 | $3.19 | +$4.19 |
| Q1 2026 | $2.39 | +$3.60 |
| Q4 2025 | $2.21 | +$3.64 |
| Q3 2025 | -$0.73 | -170% |
| Q2 2025 | -$1.00 | -202% |
| Q1 2025 | -$1.21 | -238% |
| Q4 2024 | -$1.43 | -238% |
MTSI has returned to profit: it earned $4.31 per share over the past year, after losing money the year before.
MU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $174.95 | +135% |
| Q3 2026 | $74.33 | +879% |
| Q2 2026 | $44.17 | +693% |
| Q1 2026 | $21.18 | +405% |
| Q4 2025 | $10.52 | +201% |
| Q3 2025 | $7.59 | +984% |
| Q2 2025 | $5.57 | +$6.99 |
| Q1 2025 | $4.19 | +$7.64 |
| Q4 2024 | $3.49 | +$9.77 |
MU has the edge over MTSI on earnings, with more consistent year-over-year improvement.
MTSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $424.8M | +63% |
| Q2 2026 | $342.2M | +36% |
| Q1 2026 | $289M | +22% |
| Q4 2025 | $271.6M | +25% |
| Q3 2025 | $261.2M | +30% |
| Q2 2025 | $252.1M | +32% |
| Q1 2025 | $235.9M | +30% |
| Q4 2024 | $218.1M | +39% |
MTSI's revenue has grown year over year for 11 quarters in a row: $425M last quarter, up 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | +16 points |
| Q2 2026 | 23% | +7.6 points |
| Q1 2026 | 18% | +2.8 points |
| Q4 2025 | 16% | +7.9 points |
| Q3 2025 | 15% | +1.4 points |
| Q2 2025 | 15% | +4.6 points |
| Q1 2025 | 15% | +6.3 points |
| Q4 2024 | 8% | +1 points |
MTSI's operating margin was 32% last quarter, up 16 points from the same quarter a year ago, near the top of its range since 2020.
MU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $54.2B | +379% |
| Q2 2026 | $41.5B | +346% |
| Q1 2026 | $23.9B | +196% |
| Q4 2025 | $13.6B | +57% |
| Q3 2025 | $11.3B | +46% |
| Q2 2025 | $9.3B | +37% |
| Q1 2025 | $8.1B | +38% |
| Q4 2024 | $8.7B | +84% |
MU has the edge over MTSI on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 81% | +48 points |
| Q2 2026 | 80% | +57 points |
| Q1 2026 | 68% | +46 points |
| Q4 2025 | 45% | +20 points |
| Q3 2025 | 32% | +13 points |
| Q2 2025 | 23% | +13 points |
| Q1 2025 | 22% | +19 points |
| Q4 2024 | 25% | +49 points |
MU has the edge over MTSI on profitability, with a higher operating margin.
MTSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $138M | +179% |
| Q2 2026 | $59.2M | +15% |
| Q1 2026 | $65.5M | +114% |
| Q4 2025 | $30M | -51% |
| Q3 2025 | $49.4M | -14% |
| Q2 2025 | $51.6M | +24% |
| Q1 2025 | $30.5M | +134% |
| Q4 2024 | $61.3M | +116% |
MTSI's free cash flow has been positive every quarter for seven years: $293M over the past year, up 52% from the year before.
MU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $32.9B | +45543% |
| Q2 2026 | $17.6B | +951% |
| Q1 2026 | $5.5B | +$5.6B |
| Q4 2025 | $3B | +7853% |
| Q3 2025 | $72M | -75% |
| Q2 2025 | $1.7B | +322% |
| Q1 2025 | -$113M | +$52M |
| Q4 2024 | $38M | +$433M |
MU has the edge over MTSI on cash flow, with more consistent year-over-year improvement.
MTSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.9% | -674K shares |
| 1 year | +5.1% | +3.7M shares |
| 3 years | +8.7% | +6.2M shares |
| 5 years | +10% | +7.3M shares |
| Available history | +17% | +11.5M shares |
MTSI has 78M diluted shares, up 5.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | $47.9M |
| Q3 2025 | $451,000 |
| Q2 2025 | $1.4M |
| Q1 2025 | $3.4M |
| Q4 2024 | $37.9M |
| Q3 2024 | $342,000 |
| Q2 2024 | $1.4M |
| Q1 2024 | $970,000 |
MU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -2M shares |
| 1 year | +1.6% | +18M shares |
| 3 years | +4.6% | +50M shares |
| 5 years | +0.2% | +2M shares |
| Available history | +1.2% | +14M shares |
MU has the edge over MTSI on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | $350M |
| Q4 2025 | $300M |
| Q3 2024 | $300M |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
MU has spent almost nothing on buybacks in the past year.
MTSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.6x | Very low |
| Q2 2026 | 1.0x | Very low |
| Q1 2026 | 1.1x | Healthy |
| Q4 2025 | 1.9x | Healthy |
| Q3 2025 | 2.2x | Moderate |
| Q2 2025 | 2.3x | Moderate |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.1x | Moderate |
MTSI's net debt is less than a year of its operating earnings (EBITDA), down from 2.2 years a year ago.
MU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.3x | Net Cash |
| Q2 2026 | -0.3x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.3x | Very low |
| Q2 2025 | 0.3x | Very low |
| Q1 2025 | 0.5x | Very low |
| Q4 2024 | 0.6x | Very low |
MU has the edge over MTSI on leverage, with a lower net debt burden relative to earnings.
MTSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.1 | Neutral |
| Stochastic | 19.4 | Oversold |
MTSI's weekly RSI is 45 (neutral) and its Stochastic is 19 (oversold).
MU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.1 | Neutral |
| Stochastic | 26.9 | Neutral |
MU's weekly RSI is 47 (neutral) and its Stochastic is 27 (neutral).
MTSI PE vs Technology Sector
| Metric | MTSI | Sector median | Relative |
|---|---|---|---|
| PE | 57x | 28x | 105% above |
| PE % | 42 | 35 | 7 pts above |
MTSI is trading at 57x earnings, a 105% premium to the Technology sector's median of 28x.
MU PE vs Technology Sector
| Metric | MU | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 28x | 61% below |
| PE % | 18 | 35 | 17 pts below |
MU has the edge over MTSI on valuation relative to its sector.
MTSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $265.9 | 7.6% below |
| 20 week MA | $276.1 | 11% below |
| 50 week MA | $268.0 | 8.3% below |
| 100 week MA | $198.4 | 24% above |
| 200 week MA | $143.2 | 72% above |
MTSI has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 72% above its 200-week average.
MU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $914.5 | 13% below |
| 20 week MA | $931.0 | 14% below |
| 50 week MA | $685.9 | 16% above |
| 100 week MA | $405.4 | 97% above |
| 200 week MA | $246.0 | 225% above |
MU has the edge over MTSI on trend strength, trading above more of its moving averages.
MTSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $27.4 | $54.6 | +99% |
| 2021 | $54.6 | $77.5 | +42% |
| 2022 | $77.5 | $63.3 | -18% |
| 2023 | $63.3 | $93.0 | +47% |
| 2024 | $93.0 | $133.5 | +44% |
| 2025 | $133.5 | $175.0 | +31% |
| 2026 YTD | $175.0 | $245.8 | +40% |
MTSI has finished higher in five of the last six years. It's up 40% so far in 2026.
MU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $70.6 | +31% |
| 2021 | $70.6 | $94.4 | +34% |
| 2022 | $94.4 | $50.2 | -47% |
| 2023 | $50.2 | $85.3 | +70% |
| 2024 | $85.3 | $88.6 | +3.9% |
| 2025 | $88.6 | $284.8 | +221% |
| 2026 YTD | $284.8 | $798.4 | +180% |
MU has the edge over MTSI on returns for 2026, with the stronger performance.