MaxLinear (NASDAQ:MXL) Receives Buy Rating from Benchmark

Benchmark reaffirmed their buy rating on shares of MaxLinear (NASDAQ:MXL) in a research report released on Tuesday,Benzinga reports. The brokerage currently has a $25.00 price objective on the semiconductor company’s stock.

MXL has been the topic of a number of other reports. Stifel Nicolaus upped their price target on shares of MaxLinear from $16.00 to $18.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Wells Fargo & Company increased their target price on shares of MaxLinear from $13.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 24th. Wall Street Zen cut shares of MaxLinear from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Loop Capital reiterated a “hold” rating and issued a $15.00 target price (up from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Finally, Susquehanna increased their target price on shares of MaxLinear from $11.00 to $15.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 22nd. Four investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $19.31.

MaxLinear Stock Down 0.6%

MaxLinear stock opened at $15.62 on Tuesday. MaxLinear has a twelve month low of $8.35 and a twelve month high of $25.73. The firm has a 50 day moving average price of $15.42 and a 200-day moving average price of $13.25. The company has a market capitalization of $1.36 billion, a P/E ratio of -6.32 and a beta of 1.76. The company has a quick ratio of 1.14, a current ratio of 1.55 and a debt-to-equity ratio of 0.25.

MaxLinear (NASDAQ:MXL) last released its earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. MaxLinear had a negative net margin of 55.53% and a negative return on equity of 18.16%. The firm had revenue of $108.81 million during the quarter, compared to the consensus estimate of $104.94 million. During the same period in the prior year, the firm earned ($0.25) EPS. The company’s revenue was up 18.3% compared to the same quarter last year. MaxLinear has set its Q3 2025 guidance at EPS. As a group, equities analysts predict that MaxLinear will post -0.37 EPS for the current year.

Insider Buying and Selling

In related news, insider Steven G. Litchfield sold 102,157 shares of MaxLinear stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $17.28, for a total value of $1,765,272.96. Following the transaction, the insider owned 312,203 shares in the company, valued at $5,394,867.84. This trade represents a 24.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 7.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On MaxLinear

A number of large investors have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD raised its position in MaxLinear by 1.1% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 60,406 shares of the semiconductor company’s stock worth $1,195,000 after purchasing an additional 631 shares during the period. Maryland State Retirement & Pension System increased its position in shares of MaxLinear by 3.0% in the second quarter. Maryland State Retirement & Pension System now owns 23,099 shares of the semiconductor company’s stock valued at $328,000 after acquiring an additional 680 shares during the period. Bank of Montreal Can increased its position in shares of MaxLinear by 7.8% in the second quarter. Bank of Montreal Can now owns 12,381 shares of the semiconductor company’s stock valued at $176,000 after acquiring an additional 896 shares during the period. Blair William & Co. IL increased its position in shares of MaxLinear by 4.1% in the first quarter. Blair William & Co. IL now owns 22,756 shares of the semiconductor company’s stock valued at $247,000 after acquiring an additional 902 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in shares of MaxLinear by 2.2% in the second quarter. Thrivent Financial for Lutherans now owns 57,796 shares of the semiconductor company’s stock valued at $821,000 after acquiring an additional 1,226 shares during the period. Hedge funds and other institutional investors own 90.79% of the company’s stock.

MaxLinear Company Profile

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.