MaxLinear (NASDAQ:MXL) Upgraded at Wall Street Zen

MaxLinear (NASDAQ:MXL) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Saturday.

Several other research analysts also recently commented on the company. Stifel Nicolaus lifted their target price on MaxLinear from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Benchmark reaffirmed a “buy” rating and issued a $25.00 price objective on shares of MaxLinear in a report on Tuesday, September 2nd. Wells Fargo & Company lifted their price objective 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 price objective on MaxLinear from $11.00 to $15.00 and gave the company a “neutral” rating in a report on Tuesday, July 22nd. Finally, Loop Capital reaffirmed a “hold” rating and issued a $15.00 price objective (up from $10.00) on shares of MaxLinear in a report on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $19.31.

MaxLinear Stock Performance

Shares of NASDAQ MXL opened at $16.19 on Friday. 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 has a 12 month low of $8.35 and a 12 month high of $25.73. The stock has a 50 day moving average of $15.79 and a 200-day moving average of $13.31. The company has a market capitalization of $1.41 billion, a P/E ratio of -6.55 and a beta of 1.76.

MaxLinear (NASDAQ:MXL) last issued its earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 EPS 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 company had revenue of $108.81 million during the quarter, compared to the consensus estimate of $104.94 million. During the same period in the previous year, the company posted ($0.25) EPS. 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. As a group, equities research analysts predict that MaxLinear will post -0.37 EPS for the current year.

Insider Transactions at MaxLinear

In other MaxLinear news, insider Steven G. Litchfield sold 102,157 shares of the company’s stock in a transaction dated 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 completion of the transaction, the insider owned 312,203 shares of the company’s stock, valued at $5,394,867.84. This represents a 24.65% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 7.80% of the stock is currently owned by insiders.

Hedge Funds Weigh In On MaxLinear

A number of institutional investors and hedge funds have recently bought and sold shares of MXL. Farther Finance Advisors LLC acquired a new position in MaxLinear in the 2nd quarter worth about $44,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in shares of MaxLinear in the 1st quarter valued at about $49,000. PNC Financial Services Group Inc. grew its position in shares of MaxLinear by 104.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,579 shares of the semiconductor company’s stock valued at $51,000 after buying an additional 1,828 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of MaxLinear in the 2nd quarter valued at about $51,000. Finally, Strs Ohio bought a new stake in shares of MaxLinear in the 1st quarter valued at about $63,000. 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.