MaxLinear, Inc (NASDAQ:MXL) Receives $19.31 Consensus Target Price from Analysts

Key Points

• MaxLinear, Inc. has a consensus rating of "Hold" from analysts, with an average 12-month target price of $19.31.
• Insider Steven G. Litchfield sold 102,157 shares at an average price of $17.28, reducing his stake by 24.65%.
• The company's recent quarterly earnings report showed a revenue increase of 18.3% year-over-year, meeting analysts' expectations with an EPS of $0.02.

Shares of MaxLinear, Inc (NASDAQ:MXL - Get Free Report) have received a consensus recommendation of "Hold" from the nine research firms that are covering the company, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $19.3125.

A number of brokerages have issued reports on MXL. Susquehanna upped their price objective on shares of MaxLinear from $11.00 to $15.00 and gave the stock a "neutral" rating in a research report on Tuesday, July 22nd. Wall Street Zen downgraded shares of MaxLinear from a "buy" rating to a "hold" rating in a research report on Friday, August 22nd. Wells Fargo & Company increased their target price on shares of MaxLinear from $13.00 to $18.00 and gave the company an "equal weight" rating in a research report on Thursday, July 24th. Loop Capital restated a "hold" rating and set a $15.00 price target (up from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Finally, Stifel Nicolaus upped their price target on shares of MaxLinear from $16.00 to $18.00 and gave the company a "buy" rating in a research note on Friday, July 18th.

Insider Buying and Selling at MaxLinear

In other news, insider Steven G. Litchfield sold 102,157 shares of the firm's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $17.28, for a total transaction of $1,765,272.96. Following the sale, 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 7.80% of the company's stock.

Institutional Trading of MaxLinear

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Maryland State Retirement & Pension System raised its position in shares of MaxLinear by 3.0% during the 2nd quarter. Maryland State Retirement & Pension System now owns 23,099 shares of the semiconductor company's stock valued at $328,000 after buying an additional 680 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of MaxLinear by 7.8% during the 2nd quarter. Bank of Montreal Can now owns 12,381 shares of the semiconductor company's stock valued at $176,000 after purchasing an additional 896 shares during the last quarter. Blair William & Co. IL grew its holdings in shares of MaxLinear by 4.1% during the 1st quarter. Blair William & Co. IL now owns 22,756 shares of the semiconductor company's stock valued at $247,000 after purchasing an additional 902 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of MaxLinear by 2.2% during the 2nd quarter. Thrivent Financial for Lutherans now owns 57,796 shares of the semiconductor company's stock valued at $821,000 after purchasing an additional 1,226 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of MaxLinear by 36.6% during the 2nd 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 during the last quarter. Hedge funds and other institutional investors own 90.79% of the company's stock.

MaxLinear Trading Down 1.8%

Shares of MaxLinear stock traded down $0.29 during trading on Wednesday, hitting $15.75. The company's stock had a trading volume of 1,034,456 shares, compared to its average volume of 1,348,699. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of -6.38 and a beta of 1.76. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.55 and a quick ratio of 1.14. MaxLinear has a 52 week low of $8.35 and a 52 week high of $25.73. The stock has a 50-day moving average price of $15.64 and a two-hundred day moving average price of $13.24.

MaxLinear (NASDAQ:MXL - Get Free Report) last released its earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. MaxLinear had a negative net margin of 55.53% and a negative return on equity of 18.16%. The business had revenue of $108.81 million for the quarter, compared to analyst estimates of $104.94 million. During the same quarter in the previous year, the business earned ($0.25) earnings per share. MaxLinear's revenue for the quarter was up 18.3% on a year-over-year basis. MaxLinear has set its Q3 2025 guidance at EPS. Equities research analysts anticipate that MaxLinear will post -0.37 EPS for the current fiscal year.

About MaxLinear

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.