PerpEquities

Equity

MACOM Technology Solutions Holdings, Inc. (MTSI) perpetual futures

MTSI perpetual futures on 2 crypto exchanges – live perp price vs the stock, funding rate, open interest and where to trade MTSIUSDT.

MACOM Technology Solutions designs analog semiconductors for wireless and wired connectivity, serving telecom, defense, and data center markets.

$266.44-6.8%NASDAQ open
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Price chart

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TradingView symbol NASDAQ:MTSI

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Trading data

Perpetual market activity

2/2 live markets
Venues
2
Live markets
2/2
24h volume
$1.4M
Open interest
$2.9MCoverage: 1/2 markets
Best liquidity
$23.8K
BingX
Tightest spread
+24.9 bps
MEXC
Highest volume
$1.2M
BingX
Settlement mix
USDT · 2/2
Perp/spot vol.
0.00x
Spot volume $662.5M
OI / float
+0.02%
Float $18.9B
Spot performance
1D-6.84%
5D-17.67%
1M+13.07%
6M+3.92%
YTD+58.45%
1Y+98.34%

Venue matrix

2 markets

Some venue links are sponsored. We may receive a commission, and eligible users may occasionally receive trading-fee discounts, at no additional cost to you.

Trade
MEXCTradeMTSI/USDTTrading$266.48-13.0% APR
-0.012% every 8h
+24.9 bps$14.2K$156.5K$2.9MUSDT20x
BingXTradeMTSI-USDTTrading$266.44-9.1% APR
-0.00830% every 8h
+31.6 bps$23.8K$1.2M-USDT-

Tradability

Execution quality

Entry cost and depth per venue at $1k–$100k

Thin liquidity · 2 of 2 venues absorb $10k · Typical cost: +98.2 bps – +109.0 bps

Cheapest execution: BingX · +92.8 bps

Taker execution estimate incl. approx. fees - maker fills are not guaranteed.

Best venues for this underlying

Best liquidity

MTSI

Tightest spread

MTSI

Highest volume

MTSI

Funding history

Stored venue snapshots by market

Company data

Company fundamentals

Updated 3h ago
Market cap
$20.7B
Updated 3h ago
Revenue
$1.2B
Trailing 12 months
Revenue growth
+86%
Next fiscal year
Profit margin
+20.7%
P/E
84.8
Peer P/E 29.5
Free cash flow
$118.9M
Trailing 12 months
More metrics
Net income
$240.9M
Trailing 12 months
P/S
17.8
Peer P/E
29.5
Similar listed perps
Revenue estimate
$1.8B
Next fiscal year
Earnings
2026-11-05
Revenue est. $420.2M · Updated 3h ago
Dividend
-

Fundamental detail

Annual + quarterly
Latest revenue$967.3M
Net margin-5.6%
Free cash flow$153.2M
Net debt$425.8M
2020$530M
2021$606.9M
2022$675.2M
2023$648.4M
2024$729.6M
2025$967.3M
PeriodRevenueGrowthNet incomeFCF
2020$530M+6%-$46.1M$153.8M
2021$606.9M+15%$38M$130.5M
2022$675.2M+11%$440M$150.5M
2023$648.4M-4%$91.6M$142.2M
2024$729.6M+13%$76.9M$140.2M
2025$967.3M+33%-$54.2M$153.2M
PeriodGross marginOperating marginNet marginROEROA
2020+44.8%+0.9%-8.7%-15.4%-4.0%
2021+51.2%+13.3%+6.3%+8.0%+3.3%
2022+56.4%+19.7%+65.2%+52.2%+28.0%
2023+55.8%+18.0%+14.1%+9.7%+5.9%
2024+50.9%+11.5%+10.5%+6.8%+4.4%
2025+54.9%+13.4%-5.6%-4.1%-2.6%
PeriodCashDebtNet debtCurrent ratio
2020$129.4M$697M$567.6M5.07
2021$156.5M$528.5M$372M5.61
2022$120M$600.4M$480.5M8.36
2023$174M$487.3M$313.4M9.11
2024$146.8M$487.8M$341M8.35
2025$112.1M$538M$425.8M3.71
PeriodMarket capEnterprise valueP/SP/E
2020$2.3B$2.8B4.2-49.0
2021$4.5B$4.8B7.4118.8
2022$3.6B$4.1B5.48.2
2023$5.8B$6.1B8.963.2
2024$8B$8.4B11.0104.2
2025$9.4B$9.9B9.7-174.5
Q4 2024$200.7M
Q1 2025$218.1M
Q2 2025$235.9M
Q3 2025$252.1M
Q4 2025$261.2M
Q1 2026$271.6M
Q2 2026$289M
Q3 2026$342.2M
PeriodRevenueGrowthNet incomeFCF
Q4 2024$200.7M+33%$29.4M$57.1M
Q1 2025$218.1M+39%-$167.5M$61.3M
Q2 2025$235.9M+30%$31.7M$30.5M
Q3 2025$252.1M+32%$36.5M$22.8M
Q4 2025$261.2M+30%$45.1M$38.6M
Q1 2026$271.6M+25%$48.8M$25.7M
Q2 2026$289M+22%$46.3M$65.5M
Q3 2026$342.2M+36%$100.7M-$10.8M
PeriodGross marginOperating marginNet marginROEROA
Q4 2024+54.7%+13.7%+14.7%+2.6%+1.7%
Q1 2025+51.2%+11.3%-76.8%-14.6%-9.1%
Q2 2025+53.5%+14.8%+13.4%+2.6%+1.7%
Q3 2025+53.7%+14.9%+14.5%+2.9%+1.8%
Q4 2025+54.6%+15.2%+17.3%+3.4%+2.1%
Q1 2026+55.9%+15.9%+18.0%+3.6%+2.3%
Q2 2026+56.9%+17.6%+16.0%+3.3%+2.3%
Q3 2026+58.3%+22.5%+29.4%+6.5%+4.7%
PeriodCashDebtNet debtCurrent ratio
Q4 2024$146.8M$487.8M$341M8.35
Q1 2025$232.7M$531M$298.3M3.61
Q2 2025$110.9M$531.4M$420.4M3.56
Q3 2025$125.5M$531.6M$406.1M3.83
Q4 2025$112.1M$538M$425.8M3.71
Q1 2026$119.6M$574.9M$455.2M3.96
Q2 2026$98.5M$377.3M$278.8M7.52
Q3 2026$89.6M$371.1M$281.5M2.34
PeriodMarket capEnterprise valueP/SP/E
Q4 2024$8.1B$8.4B40.168.0
Q1 2025$9.9B$10.2B45.6-14.8
Q2 2025$6.7B$7.1B28.352.1
Q3 2025$10.5B$10.9B41.571.8
Q4 2025$9.4B$9.9B36.152.2
Q1 2026$13.1B$13.5B48.267.3
Q2 2026$17.9B$18.2B61.996.1
Q3 2026$24.6B$24.9B71.961.0

Refreshed 3h ago

Charts: revenue, profit, cash flow & valuation
Revenue$342.2MQ3 2026
$85.6M$171.1M$256.7M$342.2MQ4 2023: $150.4MQ1 2024: $157.1MQ2 2024: $181.2MQ3 2024: $190.5MQ4 2024: $200.7MQ1 2025: $218.1MQ2 2025: $235.9MQ3 2025: $252.1MQ4 2025: $261.2MQ1 2026: $271.6MQ2 2026: $289MQ3 2026: $342.2MQ4 2023Q3 2026
Net income$100.7MQ3 2026
-$100.5M-$33.4M$33.6M$100.7MQ4 2023: $24.5MQ1 2024: $12.5MQ2 2024: $15MQ3 2024: $19.9MQ4 2024: $29.4MQ1 2025: -$167.5MQ2 2025: $31.7MQ3 2025: $36.5MQ4 2025: $45.1MQ1 2026: $48.8MQ2 2026: $46.3MQ3 2026: $100.7MQ4 2023Q3 2026
EBITDA$141MQ3 2026
-$79.2M-$5.8M$67.6M$141MQ4 2023: $34.9MQ1 2024: $30.9MQ2 2024: $38MQ3 2024: $43.5MQ4 2024: $51.6MQ1 2025: -$152.6MQ2 2025: $56.9MQ3 2025: $60.1MQ4 2025: $75.3MQ1 2026: $66.7MQ2 2026: $74.2MQ3 2026: $141MQ4 2023Q3 2026
Free cash flow-$10.8MQ3 2026
$8.3M$27.3M$46.4M$65.5MQ4 2023: $44.5MQ1 2024: $28.4MQ2 2024: $13.1MQ3 2024: $41.5MQ4 2024: $57.1MQ1 2025: $61.3MQ2 2025: $30.5MQ3 2025: $22.8MQ4 2025: $38.6MQ1 2026: $25.7MQ2 2026: $65.5MQ3 2026: -$10.8MQ4 2023Q3 2026
EPS$1.28Q3 2026
-$1.4-$0.51$0.39$1.28Q4 2023: $0.34Q1 2024: $0.17Q2 2024: $0.2Q3 2024: $0.27Q4 2024: $0.39Q1 2025: -$2.3Q2 2025: $0.42Q3 2025: $0.48Q4 2025: $0.59Q1 2026: $0.64Q2 2026: $0.6Q3 2026: $1.28Q4 2023Q3 2026
Cash / Debt$89.6MQ3 2026
$143.7M$287.4M$431.2M$574.9MQ4 2023 · Cash: $174MQ4 2023 · Debt: $487.3MQ1 2024 · Cash: $163.6MQ1 2024 · Debt: $480.1MQ2 2024 · Cash: $115MQ2 2024 · Debt: $480.1MQ3 2024 · Cash: $117.3MQ3 2024 · Debt: $480.1MQ4 2024 · Cash: $146.8MQ4 2024 · Debt: $487.8MQ1 2025 · Cash: $232.7MQ1 2025 · Debt: $531MQ2 2025 · Cash: $110.9MQ2 2025 · Debt: $531.4MQ3 2025 · Cash: $125.5MQ3 2025 · Debt: $531.6MQ4 2025 · Cash: $112.1MQ4 2025 · Debt: $538MQ1 2026 · Cash: $119.6MQ1 2026 · Debt: $574.9MQ2 2026 · Cash: $98.5MQ2 2026 · Debt: $377.3MQ3 2026 · Cash: $89.6MQ3 2026 · Debt: $371.1MQ4 2023Q3 2026
CashDebt
Profitability+58.3%Q3 2026
-43.0%-9.2%+24.5%+58.3%Q4 2023 · Gross margin: +57.6%Q1 2024 · Gross margin: +51.8%Q2 2024 · Gross margin: +49.7%Q3 2024 · Gross margin: +50.3%Q4 2024 · Gross margin: +54.7%Q1 2025 · Gross margin: +51.2%Q2 2025 · Gross margin: +53.5%Q3 2025 · Gross margin: +53.7%Q4 2025 · Gross margin: +54.6%Q1 2026 · Gross margin: +55.9%Q2 2026 · Gross margin: +56.9%Q3 2026 · Gross margin: +58.3%Q4 2023 · Operating margin: +10.4%Q1 2024 · Operating margin: +7.0%Q2 2024 · Operating margin: +8.7%Q3 2024 · Operating margin: +10.4%Q4 2024 · Operating margin: +13.7%Q1 2025 · Operating margin: +11.3%Q2 2025 · Operating margin: +14.8%Q3 2025 · Operating margin: +14.9%Q4 2025 · Operating margin: +15.2%Q1 2026 · Operating margin: +15.9%Q2 2026 · Operating margin: +17.6%Q3 2026 · Operating margin: +22.5%Q4 2023 · Net margin: +16.3%Q1 2024 · Net margin: +8.0%Q2 2024 · Net margin: +8.3%Q3 2024 · Net margin: +10.5%Q4 2024 · Net margin: +14.7%Q1 2025 · Net margin: -76.8%Q2 2025 · Net margin: +13.4%Q3 2025 · Net margin: +14.5%Q4 2025 · Net margin: +17.3%Q1 2026 · Net margin: +18.0%Q2 2026 · Net margin: +16.0%Q3 2026 · Net margin: +29.4%Q4 2023Q3 2026
Gross marginOperating marginNet margin
Revenue growth+35.8%Q3 2026
+9.7%+19.4%+29.1%+38.8%Q4 2024: +33.5%Q1 2025: +38.8%Q2 2025: +30.2%Q3 2025: +32.3%Q4 2025: +30.1%Q1 2026: +24.5%Q2 2026: +22.5%Q3 2026: +35.8%Q4 2023Q3 2026
Shares outstanding78.4MQ3 2026
19.6M39.2M58.8M78.4MQ4 2023: 71.8MQ1 2024: 72.3MQ2 2024: 73.3MQ3 2024: 74.2MQ4 2024: 74.5MQ1 2025: 72.8MQ2 2025: 75.7MQ3 2025: 75.9MQ4 2025: 74MQ1 2026: 76.7MQ2 2026: 77.1MQ3 2026: 78.4MQ4 2023Q3 2026
Valuation61.0Q3 2026
21.157.193.1129.1Q4 2023 · P/E: 60.0Q1 2024 · P/E: 129.1Q2 2024 · P/E: 113.9Q3 2024 · P/E: 99.5Q4 2024 · P/E: 68.0Q1 2025 · P/E: -14.8Q2 2025 · P/E: 52.1Q3 2025 · P/E: 71.8Q4 2025 · P/E: 52.2Q1 2026 · P/E: 67.3Q2 2026 · P/E: 96.1Q3 2026 · P/E: 61.0Q4 2023 · P/S: 38.5Q1 2024 · P/S: 42.2Q2 2024 · P/S: 38.0Q3 2024 · P/S: 42.2Q4 2024 · P/S: 40.1Q1 2025 · P/S: 45.6Q2 2025 · P/S: 28.3Q3 2025 · P/S: 41.5Q4 2025 · P/S: 36.1Q1 2026 · P/S: 48.2Q2 2026 · P/S: 61.9Q3 2026 · P/S: 71.9Q4 2023Q3 2026
P/EP/S
Revenue$967.3M2025
$241.8M$483.6M$725.4M$967.3M2018: $570.4M2019: $499.7M2020: $530M2021: $606.9M2022: $675.2M2023: $648.4M2024: $729.6M2025: $967.3M20182025
Net income-$54.2M2025
-$177.9M$28.1M$234M$440M2018: -$140M2019: -$383.8M2020: -$46.1M2021: $38M2022: $440M2023: $91.6M2024: $76.9M2025: -$54.2M20182025
EBITDA$39.8M2025
-$136M$10.9M$157.8M$304.6M2018: -$11.5M2019: -$282.9M2020: $64.6M2021: $133.5M2022: $304.6M2023: $179.7M2024: $163.9M2025: $39.8M20182025
Free cash flow$153.2M2025
$25.5M$68.3M$111.1M$153.8M2018: -$16.8M2019: -$17.3M2020: $153.8M2021: $130.5M2022: $150.5M2023: $142.2M2024: $140.2M2025: $153.2M20182025
EPS-$0.732025
-$2.87$0.15$3.16$6.182018: -$2.142019: -$5.882020: -$0.692021: $0.542022: $6.182023: $1.282024: $1.042025: -$0.7320182025
Cash / Debt$112.1M2025
$174.3M$348.5M$522.8M$697M2018 · Cash: $94.7M2018 · Debt: $694.7M2019 · Cash: $75.5M2019 · Debt: $692.7M2020 · Cash: $129.4M2020 · Debt: $697M2021 · Cash: $156.5M2021 · Debt: $528.5M2022 · Cash: $120M2022 · Debt: $600.4M2023 · Cash: $174M2023 · Debt: $487.3M2024 · Cash: $146.8M2024 · Debt: $487.8M2025 · Cash: $112.1M2025 · Debt: $538M20182025
CashDebt
Profitability+54.9%2025
-41.3%-5.8%+29.7%+65.2%2018 · Gross margin: +34.6%2019 · Gross margin: +35.2%2020 · Gross margin: +44.8%2021 · Gross margin: +51.2%2022 · Gross margin: +56.4%2023 · Gross margin: +55.8%2024 · Gross margin: +50.9%2025 · Gross margin: +54.9%2018 · Operating margin: -15.8%2019 · Operating margin: -19.2%2020 · Operating margin: +0.9%2021 · Operating margin: +13.3%2022 · Operating margin: +19.7%2023 · Operating margin: +18.0%2024 · Operating margin: +11.5%2025 · Operating margin: +13.4%2018 · Net margin: -24.5%2019 · Net margin: -76.8%2020 · Net margin: -8.7%2021 · Net margin: +6.3%2022 · Net margin: +65.2%2023 · Net margin: +14.1%2024 · Net margin: +10.5%2025 · Net margin: -5.6%20182025
Gross marginOperating marginNet margin
Revenue growth+32.6%2025
-1.2%+10.1%+21.3%+32.6%2019: -12.4%2020: +6.1%2021: +14.5%2022: +11.2%2023: -4.0%2024: +12.5%2025: +32.6%20182025
Shares outstanding74M2025
18.5M37M55.5M74M2018: 65.3M2019: 65.7M2020: 66.6M2021: 70.5M2022: 71.2M2023: 71.5M2024: 73.6M2025: 74M20182025
Valuation-174.52025
-101.2-27.945.5118.82018 · P/E: -9.32019 · P/E: -3.72020 · P/E: -49.02021 · P/E: 118.82022 · P/E: 8.22023 · P/E: 63.22024 · P/E: 104.22025 · P/E: -174.52018 · P/S: 2.32019 · P/S: 2.82020 · P/S: 4.22021 · P/S: 7.42022 · P/S: 5.42023 · P/S: 8.92024 · P/S: 11.02025 · P/S: 9.720182025
P/EP/S

Next catalyst

Catalysts

Earnings
2026-11-05
Revenue est. $420.2M · Updated 3h ago

No unusual perp activity right now.

Research data

Analysts, filings and peer context

Estimates

6
DateEPS estimateRevenue estimateGrowthAnalysts
FY 20265.51$1.3B+37%11
FY 20278.49$1.8B+86%11
FY 202810.05$2.1B+116%5
FY 202912.48$2.5B+155%1
Q2 20272.08$441.2M+53%4
Q3 20272.15$452.4M+32%4

Company events

6
2026-11-05EarningsActual - / Estimate 2-
2026-08-06EarningsActual 1.4 / Estimate 1.35Beat
2026-05-07EarningsActual 1.09 / Estimate 1.07Beat
2026-02-05EarningsActual 1.02 / Estimate 0.99Beat
2025-11-06EarningsActual 0.94 / Estimate 0.93Beat
2025-08-07EarningsActual 0.9 / Estimate 0.89Beat

Peer comparison

Similar listed perps

Analyst track record

How the analysts covering MTSI have done: ratings, price-target accuracy and the measured reaction after their calls.

12 months3 years
Ratings60147
Analysts1719
Buy / hold / sell50 / 10 / 0124 / 23 / 0
Upgrades / downgrades / initiations1 / 0 / 54 / 1 / 9
Price targets hit / missed27 / 32 (46%)107 / 32 (77%)
Avg. return after a rating (TipRanks)-1.5%+68.5%
Best / worst call+75.1% / -42.9%+287.7% / -42.9%

After buy calls on this stock: median 21-day move +0.9% vs S&P 500 -0.2% (n = 129)

Most accurate on this stock

Share of an analyst's price targets on this stock that the price reached within 12 months (our measurement over the last 3 years, at least 8 targets). It describes past calls, not the odds of the current one.

  1. Thomas O'MalleyBarclays100% hit rate on this stock · 12 targets measuredBuytarget $450Aug 7, 2026
  2. David WilliamsBenchmark Co.100% hit rate on this stock · 9 targets measuredBuytarget $260Feb 5, 2026
  3. Tore SvanbergStifel Nicolaus100% hit rate on this stock · 9 targets measuredBuytarget $450Aug 7, 2026

Latest ratings

DateAnalystCallTarget
Sep 18, 2026Harsh KumarBMO CapitalBuyUpgraded$335
Sep 17, 2026Harsh KumarBMO CapitalBuyUpgraded$335
Sep 17, 2026Harsh KumarBMO CapitalBuyUpgraded$335
Aug 21, 2026Unknown AnalystBMO CapitalHoldInitiated$335
Aug 7, 2026Tim SavageauxNorthland SecuritiesBuyReiterated$450
Consensus over the last 12 months buy hold sell avg. target month-end close
Monthly buy, hold and sell shares of analyst ratings with the average price target and the month-end close$200$250$300$350$400Nov 25 · Buy 10 · Hold 1 · Sell 0Nov 25Dec 25 · Buy 10 · Hold 3 · Sell 0Jan 26 · Buy 10 · Hold 3 · Sell 0Jan 26Feb 26 · Buy 10 · Hold 3 · Sell 0Mar 26 · Buy 10 · Hold 3 · Sell 0Mar 26Apr 26 · Buy 11 · Hold 3 · Sell 0May 26 · Buy 12 · Hold 3 · Sell 0May 26Jun 26 · Buy 12 · Hold 2 · Sell 0Jul 26 · Buy 12 · Hold 2 · Sell 0Jul 26Aug 26 · Buy 11 · Hold 3 · Sell 0Sep 26 · Buy 12 · Hold 3 · Sell 0Sep 26Oct 26 · Buy 11 · Hold 3 · Sell 0Nov 25 · avg. target $184Dec 25 · avg. target $191Jan 26 · avg. target $201Feb 26 · avg. target $251Mar 26 · avg. target $251Apr 26 · avg. target $261May 26 · avg. target $367Jun 26 · avg. target $384Jul 26 · avg. target $380Aug 26 · avg. target $395Sep 26 · avg. target $391Oct 26 · avg. target $398Nov 25 · month-end close $175Dec 25 · month-end close $171Jan 26 · month-end close $219Feb 26 · month-end close $248Mar 26 · month-end close $222Apr 26 · month-end close $282May 26 · month-end close $365Jun 26 · month-end close $380Jul 26 · month-end close $251Aug 26 · month-end close $264Sep 26 · month-end close $285Oct 26 · month-end close $330

Share of analysts per call each month (latest call per analyst within 180 days). Targets and closes in USD.

TipRanks data via FMP · computed Oct 16, 2026 · 60 ratings

Frequently asked questions

Where can I trade MTSI perpetual futures?

MACOM Technology Solutions Holdings, Inc. (MTSI) perpetual futures trade on 2 crypto venues, including BingX, MEXC. PerpEquities compares them by live price, funding rate, open interest and liquidity.

Can I trade MTSI around the clock?

Yes. Unlike the underlying stock, MTSI perpetuals trade 24/7 — including weekends and outside regular market hours.

What is the funding rate on MTSI perpetuals?

Right now the MTSI perp funding rate is -11.1% annualized (venue median), ranging from -13.0% to -9.1% across 2 venues. A positive rate means longs pay shorts. PerpEquities shows the live rate and its history for every venue.

How does the MTSI perp price compare to the MACOM Technology Solutions Holdings, Inc. stock?

The venue-median MTSI perp mark is $266.5 versus a reference stock price of $266.4, a basis of 0.0%. Perps follow the stock through an index price; the gap widens when funding or liquidity diverge between venues.

What is a MTSI perpetual future?

A MTSI perpetual is a derivative that tracks the price of MACOM Technology Solutions Holdings, Inc. with no expiry date. It lets you take long or short exposure to MACOM Technology Solutions Holdings, Inc. on crypto venues, around the clock.

What is MTSIUSDT perpetual?

MTSIUSDT is the symbol most crypto exchanges use for the MACOM Technology Solutions Holdings, Inc. perpetual settled in USDT (Tether). It tracks the MTSI share price through an index, trades 24/7 with leverage and never expires.

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