MaxLinear (NASDAQ:MXL) Downgraded to "Hold" Rating by Wall Street Zen

Key Points

• MaxLinear has been downgraded from a "buy" to a "hold" rating by analysts at Wall Street Zen, impacting its market outlook.
• Despite the downgrade, other analysts have raised their price targets for MaxLinear, with a current consensus target price of $19.31.
• Institutional investors own 90.79% of MaxLinear’s stock, highlighting significant confidence from major financial institutions in the company's potential.

MaxLinear (NASDAQ:MXL - Get Free Report) was downgraded by analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a report released on Friday.

Other equities research analysts have also recently issued reports about the company. Susquehanna raised their price target on MaxLinear from $11.00 to $15.00 and gave the company a "neutral" rating in a report on Tuesday, July 22nd. Loop Capital restated a "hold" rating and issued a $15.00 price target (up from $10.00) on shares of MaxLinear in a report on Monday, August 4th. Stifel Nicolaus increased their price target on MaxLinear from $16.00 to $18.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Benchmark increased their price target on shares of MaxLinear from $20.00 to $25.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Finally, Wells Fargo & Company lifted their price target on MaxLinear from $13.00 to $18.00 and gave the stock an "equal weight" rating in a report on Thursday, July 24th. Four investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $19.31.

MaxLinear Trading Up 7.9%

MaxLinear stock opened at $16.35 on Friday. The firm's 50 day moving average price is $14.95 and its 200-day moving average price is $13.30. MaxLinear has a 1 year low of $8.35 and a 1 year high of $25.73. The stock has a market cap of $1.42 billion, a P/E ratio of -6.62 and a beta of 1.69. 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 (NASDAQ:MXL - Get Free Report) last released its quarterly earnings results on Wednesday, July 23rd. The semiconductor company reported $0.02 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 during the quarter, compared to analyst estimates of $104.94 million. During the same period in the prior year, the firm posted ($0.25) earnings per share. The company's quarterly revenue was up 18.3% on a year-over-year basis. MaxLinear has set its Q3 2025 guidance at EPS. On average, equities analysts predict that MaxLinear will post -0.37 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MXL. Farther Finance Advisors LLC acquired a new position in MaxLinear in the second quarter valued at about $44,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of MaxLinear during the first quarter worth about $49,000. PNC Financial Services Group Inc. lifted its position in shares of MaxLinear by 104.4% during the second quarter. PNC Financial Services Group Inc. now owns 3,579 shares of the semiconductor company's stock worth $51,000 after purchasing an additional 1,828 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of MaxLinear during the second quarter worth about $51,000. Finally, Strs Ohio acquired a new stake in MaxLinear in the first quarter valued at approximately $63,000. 90.79% of the stock is currently owned by institutional investors.

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.

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