MaxLinear (MXL) Projected to Post Earnings on Wednesday

MaxLinear (NASDAQ:MXL - Get Free Report) will likely be issuing its quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $95.32 million for the quarter. MaxLinear has set its Q1 2025 guidance at EPS.Parties that wish to register for the company's conference call can do so using this link.

MaxLinear (NASDAQ:MXL - Get Free Report) last announced its earnings results on Wednesday, January 29th. The semiconductor company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.14). MaxLinear had a negative net margin of 68.01% and a negative return on equity of 21.94%. On average, analysts expect MaxLinear to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

MaxLinear Trading Up 0.7 %

Shares of MXL traded up $0.07 during midday trading on Friday, hitting $10.22. 880,122 shares of the stock were exchanged, compared to its average volume of 1,381,618. The stock has a fifty day simple moving average of $12.71 and a 200 day simple moving average of $15.88. MaxLinear has a 52-week low of $8.35 and a 52-week high of $26.59. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.28 and a current ratio of 1.77. The firm has a market cap of $864.96 million, a P/E ratio of -3.49 and a beta of 1.82.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Stifel Nicolaus reduced their price target on shares of MaxLinear from $26.00 to $16.00 and set a "buy" rating on the stock in a research report on Thursday. Needham & Company LLC reissued a "hold" rating on shares of MaxLinear in a research report on Thursday, January 30th. Northland Securities boosted their price target on shares of MaxLinear from $25.00 to $27.50 and gave the stock an "outperform" rating in a research note on Monday, January 6th. Wells Fargo & Company increased their price objective on MaxLinear from $19.00 to $20.00 and gave the company an "equal weight" rating in a research note on Thursday, January 30th. Finally, Benchmark lowered their target price on MaxLinear from $28.00 to $20.00 and set a "buy" rating for the company in a research note on Tuesday, April 15th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $22.36.

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.