Maxim Integrated Products Stock Forecast, Price & News

Maxim Integrated Products' stock was trading at $49.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, MXIM stock has increased by 70.0% and is now trading at $84.22.
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17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Maxim Integrated Products in the last year. There are currently 1 sell rating, 14 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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Maxim Integrated Products is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Maxim Integrated Products.

Maxim Integrated Products, Inc. (NASDAQ:MXIM) released its quarterly earnings results on Tuesday, October, 27th. The semiconductor company reported $0.72 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.58 by $0.14. The semiconductor company earned $619.36 million during the quarter, compared to the consensus estimate of $548.14 million. Maxim Integrated Products had a return on equity of 39.85% and a net margin of 30.03%.
View Maxim Integrated Products' earnings history.

Maxim Integrated Products announced a quarterly dividend on Tuesday, July 28th. Investors of record on Thursday, August 27th will be paid a dividend of $0.48 per share on Friday, September 11th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date is Wednesday, August 26th.
View Maxim Integrated Products' dividend history.

17 brokers have issued 1 year price objectives for Maxim Integrated Products' stock. Their forecasts range from $50.00 to $78.00. On average, they anticipate Maxim Integrated Products' stock price to reach $65.81 in the next year. This suggests that the stock has a possible downside of 21.9%.
View analysts' price targets for Maxim Integrated Products.

Maxim Integrated Products saw a drop in short interest during the month of October. As of October 30th, there was short interest totaling 8,810,000 shares, a drop of 29.9% from the October 15th total of 12,570,000 shares. Based on an average daily volume of 3,060,000 shares, the days-to-cover ratio is presently 2.9 days. Currently, 3.3% of the company's stock are sold short.
View Maxim Integrated Products' Short Interest.

Some companies that are related to Maxim Integrated Products include NVIDIA (NVDA), Intel (INTC), Broadcom (AVGO), Texas Instruments (TXN), Micron Technology (MU), Analog Devices (ADI), Xilinx (XLNX), Microchip Technology (MCHP), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), Monolithic Power Systems (MPWR), Cree (CREE), First Solar (FSLR), Inphi (IPHI) and Lattice Semiconductor (LSCC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Maxim Integrated Products investors own include Intel (INTC), QUALCOMM (QCOM), NVIDIA (NVDA), Cisco Systems (CSCO), Micron Technology (MU), Advanced Micro Devices (AMD), Verizon Communications (VZ), Broadcom (AVGO), Johnson & Johnson (JNJ) and Pfizer (PFE).

Maxim Integrated Products trades on the NASDAQ under the ticker symbol "MXIM."

Maxim Integrated Products' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.82%), State Street Corp (4.34%), First Trust Advisors LP (1.16%), Arrowstreet Capital Limited Partnership (0.65%), Natixis (0.60%) and Robecosam AG (0.56%). Company insiders that own Maxim Integrated Products stock include Bruce E Kiddoo, Bryan Preeshl, David Loftus, Edwin Medlin, James R Bergman, Jon Imperato, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Sumeet Gagneja, Tracy Accardi, Tunc Doluca, Vivek Jain and William D Watkins.
View institutional ownership trends for Maxim Integrated Products.

MXIM stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Charles Schwab Investment Management Inc., JPMorgan Chase & Co., BlackRock Inc., Epoch Investment Partners Inc., AQR Capital Management LLC, Truist Financial Corp, and Morgan Stanley. Company insiders that have sold Maxim Integrated Products company stock in the last year include Bryan Preeshl, Edwin Medlin, Jon Imperato, Joseph R Bronson, Mary Ann Wright, Robert Edward Grady, Tunc Doluca, and Vivek Jain.
View insider buying and selling activity for Maxim Integrated Products.

MXIM stock was bought by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, Natixis, Alpine Associates Management Inc., ARP Americas LP, Carlson Capital L P, TIG Advisors LLC, CNH Partners LLC, and DLD Asset Management LP.
View insider buying and selling activity for Maxim Integrated Products.

Shares of MXIM can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of MXIM stock can currently be purchased for approximately $84.22.

Maxim Integrated Products has a market capitalization of $22.51 billion and generates $2.19 billion in revenue each year. The semiconductor company earns $654.69 million in net income (profit) each year or $2.26 on an earnings per share basis. Maxim Integrated Products employs 7,115 workers across the globe.

The official website for Maxim Integrated Products is www.maximintegrated.com.

Maxim Integrated Products' mailing address is 160 RIO ROBLES, SAN JOSE CA, 95134. The semiconductor company can be reached via phone at 408-601-1000 or via email at [email protected]