Analysts Offer Predictions for MaxLinear Q1 Earnings

MaxLinear, Inc (NASDAQ:MXL) – Equities research analysts at Northland Securities issued their Q1 2027 earnings per share estimates for MaxLinear in a note issued to investors on Friday, October 23rd. Northland Securities analyst T. Savageaux expects that the semiconductor company will post earnings per share of $0.72 for the quarter. The consensus estimate for MaxLinear’s current full-year earnings is $0.78 per share. Northland Securities also issued estimates for MaxLinear’s Q2 2027 earnings at $0.77 EPS, Q3 2027 earnings at $0.84 EPS and Q4 2027 earnings at $0.83 EPS.

Several other research firms have also recently weighed in on MXL. Stifel Nicolaus upped their price objective on shares of MaxLinear from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Needham & Company LLC lifted their target price on shares of MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Wells Fargo & Company cut their price target on shares of MaxLinear from $95.00 to $78.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 20th. Wall Street Zen raised shares of MaxLinear from a “hold” rating to a “buy” rating in a report on Sunday, July 26th. Finally, Susquehanna set a $70.00 price target on shares of MaxLinear in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, MaxLinear currently has an average rating of “Hold” and a consensus target price of $94.30.

MaxLinear Trading Up 12.3%

Shares of MXL opened at $74.67 on Wednesday. The stock has a 50-day moving average price of $76.99 and a 200-day moving average price of $58.57. MaxLinear has a 12-month low of $12.77 and a 12-month high of $128.30.

MaxLinear (NASDAQ:MXL) last announced its earnings results on Thursday, October 22nd. The semiconductor company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.06. The business had revenue of $218.06 million during the quarter, compared to the consensus estimate of $214.95 million. MaxLinear’s revenue was up 72.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.14 earnings per share.

Institutional Trading of MaxLinear

A number of hedge funds have recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its holdings in shares of MaxLinear by 16.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,563 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 217 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in MaxLinear by 16.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,678 shares of the semiconductor company’s stock valued at $215,000 after buying an additional 232 shares during the period. Carolina Wealth Advisors LLC boosted its position in MaxLinear by 65.0% during the third quarter. Carolina Wealth Advisors LLC now owns 612 shares of the semiconductor company’s stock valued at $55,000 after buying an additional 241 shares during the period. Ameritas Advisory Services LLC bought a new position in shares of MaxLinear during the second quarter valued at about $32,000. Finally, Abel Hall LLC grew its stake in shares of MaxLinear by 8.4% during the third quarter. Abel Hall LLC now owns 3,958 shares of the semiconductor company’s stock valued at $357,000 after buying an additional 308 shares during the last quarter. Institutional investors own 90.79% of the company’s stock.

Insider Activity

In other news, CEO Kishore Seendripu sold 351,454 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $85.95, for a total transaction of $30,207,471.30. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 7.70% of the company’s stock.

About MaxLinear

MaxLinear, Inc is a fabless semiconductor company that designs, develops and sells integrated circuits and related solutions for broadband communications, wired and wireless infrastructure, data centers, industrial applications and consumer electronics. Its products are used by equipment manufacturers and service providers to support the transmission, processing and management of voice, video and data.

The company’s portfolio includes broadband access system-on-chip products, Ethernet transceivers and controllers, high-speed interconnect and communications devices, radio-frequency and analog products, optical and copper connectivity solutions, and power-management components.