MaxLinear, Inc (NASDAQ:MXL) Receives Average Recommendation of “Hold” from Brokerages

MaxLinear, Inc (NASDAQ:MXL) has received a consensus rating of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $19.3125.

MXL has been the topic of a number of research analyst reports. Stifel Nicolaus lifted their target price on MaxLinear from $16.00 to $18.00 and gave the company a “buy” rating in a report on Friday, July 18th. Wells Fargo & Company lifted their target price on MaxLinear from $13.00 to $18.00 and gave the company an “equal weight” rating in a report on Thursday, July 24th. Susquehanna lifted their target price on MaxLinear from $11.00 to $15.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Loop Capital reiterated a “hold” rating and issued a $15.00 target price (up previously from $10.00) on shares of MaxLinear in a report on Monday, August 4th. Finally, Benchmark reiterated a “buy” rating and issued a $25.00 target price on shares of MaxLinear in a report on Tuesday, September 2nd.

MaxLinear Stock Performance

NASDAQ MXL opened at $16.08 on Wednesday. The business’s 50-day moving average price is $15.57 and its 200 day moving average price is $13.21. MaxLinear has a twelve month low of $8.35 and a twelve month high of $25.73. The company has a market capitalization of $1.40 billion, a PE ratio of -6.51 and a beta of 1.76. The company has a current ratio of 1.55, a quick ratio of 1.14 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, hitting the consensus estimate of $0.02. MaxLinear had a negative return on equity of 18.16% and a negative net margin of 55.53%.The firm had revenue of $108.81 million for the quarter, compared to the consensus estimate of $104.94 million. During the same period in the prior year, the business posted ($0.25) earnings per share. The firm’s revenue for the quarter was up 18.3% compared to the same quarter last year. MaxLinear has set its Q3 2025 guidance at EPS. On average, research analysts predict that MaxLinear will post -0.37 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider Steven G. Litchfield sold 102,157 shares of MaxLinear stock in a transaction on Tuesday, August 26th. The stock was 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 approximately $5,394,867.84. This trade represents a 24.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 7.80% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MXL. Invesco Ltd. lifted its stake in shares of MaxLinear by 414.8% during the first quarter. Invesco Ltd. now owns 1,684,247 shares of the semiconductor company’s stock worth $18,291,000 after purchasing an additional 1,357,093 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of MaxLinear during the fourth quarter worth about $25,659,000. Point72 Asset Management L.P. lifted its stake in shares of MaxLinear by 1,813.5% during the fourth quarter. Point72 Asset Management L.P. now owns 1,256,300 shares of the semiconductor company’s stock worth $24,850,000 after purchasing an additional 1,190,647 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of MaxLinear by 239.0% during the second quarter. Marshall Wace LLP now owns 1,385,171 shares of the semiconductor company’s stock worth $19,683,000 after purchasing an additional 976,537 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its stake in shares of MaxLinear by 1,426.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,004,835 shares of the semiconductor company’s stock worth $10,913,000 after purchasing an additional 939,027 shares in the last quarter. Institutional investors and hedge funds 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.