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

by · The Cerbat Gem

Shares of MaxLinear, Inc (NASDAQ:MXL – Get Free Report) have received an average rating of “Hold” from the nine research firms that are covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $19.3125.

Several equities analysts recently commented on the company. Wells Fargo & Company raised their target price on MaxLinear from $13.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 24th. Stifel Nicolaus lifted their price objective on MaxLinear from $16.00 to $18.00 and gave the company a “buy” rating in a report on Friday, July 18th. Loop Capital restated a “hold” rating and issued a $15.00 target price (up previously from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Wall Street Zen downgraded shares of MaxLinear from a “buy” rating to a “hold” rating in a research note on Friday, August 22nd. Finally, Benchmark restated a “buy” rating and issued a $25.00 target price on shares of MaxLinear in a research note on Tuesday, September 2nd.

Check Out Our Latest Stock Report on MaxLinear

Insider Activity

In other news, insider Steven G. Litchfield sold 102,157 shares of MaxLinear stock in a transaction that occurred 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 completion of the transaction, the insider owned 312,203 shares in the company, valued at approximately $5,394,867.84. The trade was a 24.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On MaxLinear

Several institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company raised its position in MaxLinear by 27.8% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,889,111 shares of the semiconductor company’s stock valued at $41,054,000 after purchasing an additional 628,719 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of MaxLinear by 48.2% in the first quarter. The Manufacturers Life Insurance Company now owns 2,260,392 shares of the semiconductor company’s stock valued at $24,548,000 after buying an additional 734,973 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of MaxLinear by 3.3% in the second quarter. Geode Capital Management LLC now owns 1,957,624 shares of the semiconductor company’s stock valued at $27,821,000 after buying an additional 62,083 shares during the last quarter. Invesco Ltd. raised its holdings in shares of MaxLinear by 414.8% in the first quarter. Invesco Ltd. now owns 1,684,247 shares of the semiconductor company’s stock valued at $18,291,000 after buying an additional 1,357,093 shares during the last quarter. Finally, Marshall Wace LLP raised its stake in shares of MaxLinear by 239.0% in the second quarter. Marshall Wace LLP now owns 1,385,171 shares of the semiconductor company’s stock worth $19,683,000 after acquiring an additional 976,537 shares during the last quarter. Institutional investors own 90.79% of the company’s stock.

MaxLinear Price Performance

NASDAQ:MXL opened at $16.20 on Wednesday. The company has a 50-day moving average of $15.71 and a 200-day moving average of $13.25. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of -6.56 and a beta of 1.76. MaxLinear has a 52 week low of $8.35 and a 52 week high of $25.73. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.14 and a current ratio of 1.55.

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

MaxLinear Company Profile

(Get Free Report)

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.

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