MaxLinear (NASDAQ:MXL) Posts Earnings Results, Hits Estimates

MaxLinear (NASDAQ:MXL - Get Free Report) issued its earnings results on Wednesday. The semiconductor company reported $0.02 EPS for the quarter, meeting analysts' consensus estimates of $0.02, Briefing.com reports. 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 the consensus estimate of $104.94 million. During the same quarter last year, the firm posted ($0.25) EPS. The business's revenue for the quarter was up 18.3% compared to the same quarter last year. MaxLinear updated its Q3 2025 guidance to EPS.

MaxLinear Stock Performance

Shares of NASDAQ MXL traded down $0.89 during trading hours on Friday, hitting $16.36. 2,783,894 shares of the stock were exchanged, compared to its average volume of 1,549,865. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.55 and a quick ratio of 1.19. The company's 50 day moving average is $13.49 and its 200 day moving average is $14.09. The firm has a market capitalization of $1.38 billion, a P/E ratio of -6.62 and a beta of 1.72. MaxLinear has a one year low of $8.35 and a one year high of $25.73.

Insider Activity

In other MaxLinear news, Director Ted L. Tewksbury III sold 6,071 shares of the stock in a transaction on Friday, May 2nd. The shares were sold at an average price of $10.40, for a total value of $63,138.40. Following the completion of the sale, the director directly owned 74,995 shares of the company's stock, valued at $779,948. This represents a 7.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 7.80% of the company's stock.

Institutional Trading of MaxLinear

Hedge funds have recently bought and sold shares of the stock. Strs Ohio bought a new stake in MaxLinear in the 1st quarter valued at $63,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in MaxLinear by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 47,437 shares of the semiconductor company's stock valued at $515,000 after purchasing an additional 2,043 shares during the period. Royal Bank of Canada boosted its holdings in MaxLinear by 3.1% in the 1st quarter. Royal Bank of Canada now owns 72,664 shares of the semiconductor company's stock valued at $789,000 after purchasing an additional 2,204 shares during the period. Intech Investment Management LLC boosted its holdings in MaxLinear by 175.6% in the 1st quarter. Intech Investment Management LLC now owns 116,514 shares of the semiconductor company's stock valued at $1,265,000 after purchasing an additional 74,242 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in MaxLinear by 23.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 182,362 shares of the semiconductor company's stock valued at $1,980,000 after purchasing an additional 35,152 shares during the period. 90.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on MXL. Roth Capital set a $11.00 target price on shares of MaxLinear and gave the stock a "neutral" rating in a research report on Thursday, April 24th. Susquehanna upped their price target on shares of MaxLinear from $11.00 to $15.00 and gave the stock a "neutral" rating in a research note on Tuesday. Wall Street Zen raised shares of MaxLinear from a "hold" rating to a "buy" rating in a research note on Saturday. 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 report on Friday, July 18th. Finally, Benchmark upped their price target on shares of MaxLinear from $20.00 to $25.00 and gave the company a "buy" rating in a research report on Thursday. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $18.69.

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.