MaxLinear - MXL Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for MaxLinear in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" MXL shares.
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5 analysts have issued 12 month price objectives for MaxLinear's shares. Their MXL share price forecasts range from $35.00 to $55.00. On average, they predict the company's stock price to reach $48.25 in the next year. This suggests a possible upside of 18.6% from the stock's current price.
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MaxLinear's stock was trading at $33.95 on January 1st, 2023. Since then, MXL shares have increased by 19.8% and is now trading at $40.67.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
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MaxLinear, Inc. (NYSE:MXL) announced its earnings results on Wednesday, October, 27th. The semiconductor company reported $0.75 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.08. The semiconductor company had revenue of $229.77 million for the quarter, compared to analyst estimates of $224.76 million. MaxLinear had a trailing twelve-month return on equity of 46.03% and a net margin of 11.16%. The business's revenue for the quarter was up 46.7% compared to the same quarter last year. During the same period last year, the firm earned $0.14 earnings per share.

MaxLinear updated its first quarter 2023 earnings guidance on Wednesday, February, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $240.00 million-$260.00 million, compared to the consensus revenue estimate of $279.70 million.

56 employees have rated MaxLinear Chief Executive Officer Dr. Kishore Seendripu on Glassdoor.com. Dr. Kishore Seendripu has an approval rating of 90% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other MaxLinear investors own include Energy Transfer (ET), Lamb Weston (LW), Ford Motor (F), Advanced Micro Devices (AMD), RADCOM (RDCM), Alibaba Group (BABA), Intel (INTC), Lumentum (LITE), Micron Technology (MU) and NuStar Energy (NS).

MaxLinear trades on the New York Stock Exchange (NYSE) under the ticker symbol "MXL."

MaxLinear's stock is owned by many different retail and institutional investors. Top institutional investors include Paradigm Capital Management Inc. NY (1.75%), New York State Common Retirement Fund (0.48%), Kornitzer Capital Management Inc. KS (0.45%), Comerica Bank (0.25%), New York State Teachers Retirement System (0.10%) and State of New Jersey Common Pension Fund D (0.08%). Insiders that own company stock include Brendan Walsh, Connie H Kwong, Connie H Kwong, Curtis Ling, Daniel A Artusi, Donald E Schrock, Eugene A Hall, James Lougheed, Kishore Seendripu, Madhukar Reddy, Michael Bollesen, Steven G Litchfield, Steven G Litchfield, William Kelly Jones and William Torgerson.
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Shares of MXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of MXL stock can currently be purchased for approximately $40.67.

MaxLinear (NYSE:MXL) has a market capitalization of $3.20 billion and generates $1.12 billion in revenue each year. The semiconductor company earns $125.04 million in net income (profit) each year or $1.55 on an earnings per share basis.

The company employs 1,368 workers across the globe.

MaxLinear's mailing address is 5966 LA PLACE COURT SUITE 100, CARLSBAD CA, 92008. The official website for the company is www.maxlinear.com. The semiconductor company can be reached via phone at (760) 692-0711, via email at slitchfield@maxlinear.com, or via fax at 760-444-8598.