Wall Street Zen Upgrades MaxLinear (NASDAQ:MXL) to Buy

MaxLinear (NASDAQ:MXL) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

MXL has been the subject of a number of other reports. Stifel Nicolaus upped their price target on shares of MaxLinear from $110.00 to $120.00 and gave the company a “buy” rating in a report on Friday. Needham & Company LLC raised their target price on MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a research note on Friday. Wells Fargo & Company boosted their price objective on shares of MaxLinear from $42.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $40.00 target price on shares of MaxLinear in a report on Friday, April 24th. Finally, Roth Capital increased their price target on shares of MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a report on Friday. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, MaxLinear currently has an average rating of “Hold” and an average target price of $85.00.

MaxLinear Trading Down 21.5%

Shares of MaxLinear stock opened at $71.59 on Friday. The stock has a market capitalization of $6.41 billion, a P/E ratio of -60.16 and a beta of 3.91. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.12 and a current ratio of 1.70. The stock’s 50-day simple moving average is $90.16 and its 200 day simple moving average is $49.88. MaxLinear has a 52-week low of $12.77 and a 52-week high of $128.30.

MaxLinear (NASDAQ:MXL) last posted its quarterly earnings data on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. MaxLinear had a positive return on equity of 2.27% and a negative net margin of 18.24%.The company had revenue of $168.85 million during the quarter, compared to analyst estimates of $164.64 million. During the same quarter last year, the company earned $0.02 earnings per share. The firm’s quarterly revenue was up 55.2% on a year-over-year basis. As a group, research analysts anticipate that MaxLinear will post 0.5 EPS for the current year.

Insider Buying and Selling at MaxLinear

In other news, Director Thomas E. Pardun sold 11,000 shares of MaxLinear stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.00, for a total transaction of $1,155,000.00. Following the transaction, the director directly owned 55,252 shares of the company’s stock, valued at $5,801,460. The trade was a 16.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Connie H. Kwong sold 35,000 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $96.96, for a total transaction of $3,393,600.00. Following the completion of the transaction, the insider owned 13,947 shares of the company’s stock, valued at approximately $1,352,301.12. The trade was a 71.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 65,168 shares of company stock worth $5,559,358 in the last quarter. Corporate insiders own 7.70% of the company’s stock.

Hedge Funds Weigh In On MaxLinear

Hedge funds have recently made changes to their positions in the business. Pure Financial Advisors LLC bought a new position in MaxLinear in the 4th quarter worth approximately $1,424,000. HighTower Advisors LLC lifted its position in shares of MaxLinear by 1.7% in the fourth quarter. HighTower Advisors LLC now owns 656,319 shares of the semiconductor company’s stock worth $11,440,000 after buying an additional 10,948 shares in the last quarter. Pictet Asset Management Holding SA purchased a new stake in shares of MaxLinear in the fourth quarter worth about $190,000. Tudor Investment Corp ET AL boosted its stake in MaxLinear by 68.5% during the third quarter. Tudor Investment Corp ET AL now owns 427,195 shares of the semiconductor company’s stock valued at $6,869,000 after buying an additional 173,709 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in MaxLinear by 4.8% during the fourth quarter. Vanguard Group Inc. now owns 13,326,387 shares of the semiconductor company’s stock valued at $232,279,000 after buying an additional 605,903 shares during the last quarter. Institutional investors own 90.79% of the company’s stock.

Key MaxLinear News

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: MaxLinear beat Q2 estimates, reporting earnings of $0.35 per share on revenue of $168.85 million, with sales up 55.2% year over year. Article Title
• Positive Sentiment: The company issued upbeat Q3 guidance, forecasting revenue of $210 million to $220 million, above Wall Street expectations, and lifted its 2026 optical data center revenue outlook to $210 million to $230 million. Article Title
• Positive Sentiment: Management highlighted rapid growth in optical AI data center and infrastructure demand, including a 145% surge in infrastructure sales, reinforcing the AI-driven growth story. Article Title
• Positive Sentiment: Analysts turned more constructive after the report, with Needham raising its price target to $100 from $60 and other firms boosting forecasts. Article Title
• Neutral Sentiment: Several reports noted that the stock was slipping or set to extend a short-term pullback even after the earnings beat, suggesting the move may reflect profit-taking rather than a change in fundamentals. Article Title

About MaxLinear

MaxLinear, Inc is a provider of radio-frequency (RF), analog, and mixed-signal integrated circuits for broadband communications, data center connectivity, and video infrastructure applications. The company’s product portfolio includes high-performance RF front-end modules, broadband power amplifiers, optical and Ethernet transceivers, and network processors designed to support demanding signal processing requirements.

MaxLinear’s semiconductor solutions are used by cable and satellite television operators, fiber-to-the-home service providers, network equipment manufacturers, and data center operators.