MaxLinear (MXL) to Release Quarterly Earnings on Wednesday

MaxLinear (NASDAQ:MXL) will likely be posting its quarterly earnings results after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $95.32 million for the quarter. MaxLinear has set its Q1 2025 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.

MaxLinear (NASDAQ:MXL) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.14). MaxLinear had a negative return on equity of 21.94% and a negative net margin of 68.01%. On average, analysts expect MaxLinear to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

MaxLinear Stock Performance

NASDAQ:MXL opened at $10.43 on Wednesday. The firm has a market capitalization of $882.73 million, a PE ratio of -3.56 and a beta of 1.82. The stock’s fifty day moving average is $13.24 and its 200 day moving average is $15.97. MaxLinear has a fifty-two week low of $8.35 and a fifty-two week high of $26.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.28 and a current ratio of 1.77.

Analysts Set New Price Targets

MXL has been the subject of several analyst reports. Susquehanna lowered their target price on shares of MaxLinear from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Thursday, January 30th. Northland Securities raised their price objective on shares of MaxLinear from $25.00 to $27.50 and gave the stock an “outperform” rating in a research note on Monday, January 6th. Benchmark cut their target price on MaxLinear from $28.00 to $20.00 and set a “buy” rating on the stock in a research note on Tuesday. Needham & Company LLC reiterated a “hold” rating on shares of MaxLinear in a report on Thursday, January 30th. Finally, Wells Fargo & Company boosted their price objective on MaxLinear from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Thursday, January 30th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $24.36.

About MaxLinear

MaxLinear, Inc provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management.