MaxLinear, Inc (NASDAQ:MXL) Receives Average Rating of "Hold" from Analysts

Key Points

• MaxLinear, Inc has received an average analyst rating of "Hold", with 1 sell, 6 hold, and 4 buy recommendations from research firms.
• The stock has a current price target of $19.31, with significant rating adjustments from various firms, including a recent increase by Stifel Nicolaus from $16.00 to $18.00.
• MaxLinear reported $108.81 million in revenue for the last quarter, a year-over-year increase of 18.3%, while earnings per share met projections at $0.02.

Shares of MaxLinear, Inc (NASDAQ:MXL - Get Free Report) have received an average rating of "Hold" from the eleven research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $19.3125.

MXL has been the subject of several research reports. Stifel Nicolaus increased 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. Benchmark reissued a "buy" rating and set a $25.00 price objective on shares of MaxLinear in a report on Tuesday, September 2nd. Wells Fargo & Company increased 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 increased 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, Zacks Research lowered MaxLinear from a "strong-buy" rating to a "hold" rating in a report on Monday, September 22nd.

MaxLinear Stock Performance

Shares of MXL opened at $16.45 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. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of -6.66 and a beta of 1.77. The stock has a 50 day moving average of $15.93 and a 200 day moving average of $13.57. MaxLinear has a 12 month low of $8.35 and a 12 month high of $25.73.

MaxLinear (NASDAQ:MXL - Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates 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 last year, the business posted ($0.25) earnings per share. MaxLinear's revenue was up 18.3% on a year-over-year basis. MaxLinear has set its Q3 2025 guidance at EPS. As a group, sell-side analysts forecast that MaxLinear will post -0.37 earnings per share for the current year.

Insider Buying and Selling at MaxLinear

In other 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 completion of the transaction, the insider directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 7.80% of the company's stock.

Hedge Funds Weigh In On MaxLinear

Hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC purchased a new position in shares of MaxLinear in the second quarter valued at $44,000. PNC Financial Services Group Inc. grew its position in shares of MaxLinear by 104.4% in the second quarter. PNC Financial Services Group Inc. now owns 3,579 shares of the semiconductor company's stock valued at $51,000 after purchasing an additional 1,828 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of MaxLinear in the second quarter valued at $51,000. BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of MaxLinear in the first quarter valued at $49,000. Finally, GAMMA Investing LLC grew its position in shares of MaxLinear by 36.6% in the second quarter. GAMMA Investing LLC now owns 5,143 shares of the semiconductor company's stock valued at $73,000 after purchasing an additional 1,378 shares in the last quarter. 90.79% of the stock is currently owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.