MaxLinear (NASDAQ:MXL – Get Free Report) was upgraded by equities research analysts at Roth Mkm from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The brokerage presently has a $60.00 target price on the semiconductor company’s stock. Roth Mkm’s target price suggests a potential upside of 4.38% from the company’s previous close.
Several other research analysts also recently issued reports on MXL. Benchmark lifted their price target on MaxLinear from $25.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, January 16th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MaxLinear in a research note on Tuesday. Stifel Nicolaus set a $34.00 price target on MaxLinear in a research note on Tuesday. Wells Fargo & Company lifted their price target on MaxLinear from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Finally, Susquehanna reaffirmed a “neutral” rating and set a $30.00 price target on shares of MaxLinear in a research note on Monday. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $35.88.
Read Our Latest Research Report on MaxLinear
MaxLinear Price Performance
MaxLinear (NASDAQ:MXL – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The semiconductor company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.04. The business had revenue of $137.19 million during the quarter, compared to the consensus estimate of $137.15 million. MaxLinear had a negative return on equity of 6.95% and a negative net margin of 29.23%.The business’s revenue was up 43.0% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.05) EPS. On average, research analysts forecast that MaxLinear will post -0.17 earnings per share for the current year.
Insider Buying and Selling
In other MaxLinear news, insider Steven G. Litchfield sold 20,000 shares of MaxLinear stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $15.68, for a total value of $313,600.00. Following the completion of the sale, the insider owned 343,435 shares in the company, valued at $5,385,060.80. The trade was a 5.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders sold 44,929 shares of company stock valued at $746,456. 7.70% of the stock is owned by insiders.
Institutional Trading of MaxLinear
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Summit Global Investments purchased a new stake in MaxLinear in the 3rd quarter valued at about $555,000. Lisanti Capital Growth LLC purchased a new stake in MaxLinear in the 3rd quarter valued at about $1,180,000. AIGH Capital Management LLC purchased a new stake in MaxLinear in the 3rd quarter valued at about $17,809,000. Essex Investment Management Co. LLC purchased a new stake in MaxLinear in the 3rd quarter valued at about $3,864,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in MaxLinear in the 3rd quarter valued at about $1,571,000. Hedge funds and other institutional investors own 90.79% of the company’s stock.
More MaxLinear News
Here are the key news stories impacting MaxLinear this week:
- Positive Sentiment: Q1 beat and strong Q2 guide — MaxLinear reported Q1 revenue up 43% YoY to ~$137.2M and EPS of $0.22, beating consensus; management guided Q2 revenue to $160M–$170M well above estimates, signaling continued demand strength. Press Release
- Positive Sentiment: Large premarket move reflects enthusiasm — Reports show shares jumped sharply in premarket after the results and guidance, indicating strong short‑term buying and market confidence in the data‑center/AI narrative. Benzinga premarket coverage
- Positive Sentiment: Analyst upgrade — Needham upgraded MXL from Hold to Buy, which can add momentum and bring more institutional interest. Benzinga (upgrade)
- Neutral Sentiment: Conference call and coverage — Management emphasized AI/data‑center content driving demand on the earnings call and slide deck; read the call transcript and highlights for product mix and channel color. Earnings call transcript
- Negative Sentiment: Profitability and cash‑flow concerns — Despite top‑line growth, the company still shows negative net margins and operating/net losses and reported lower cash balances and negative operating cash flow in recent disclosures, keeping margin recovery and cash preservation as risks. QuiverQuant analysis
- Negative Sentiment: Analyst price targets and street sentiment remain mixed — Recent price targets (median near $24) and prior consensus ratings include Holds, signaling some analysts still see downside absent sustained margin improvement. MarketBeat summary
About MaxLinear
MaxLinear, Inc is a provider of radio-frequency (RF), analog, and mixed-signal integrated circuits for broadband communications, data center connectivity, and video infrastructure applications. The company’s product portfolio includes high-performance RF front-end modules, broadband power amplifiers, optical and Ethernet transceivers, and network processors designed to support demanding signal processing requirements.
MaxLinear’s semiconductor solutions are used by cable and satellite television operators, fiber-to-the-home service providers, network equipment manufacturers, and data center operators.
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