MaxLinear (NASDAQ:MXL) Price Target Raised to $100.00

MaxLinear (NASDAQ:MXL) had its target price increased by Needham & Company LLC from $60.00 to $100.00 in a research report sent to investors on Friday morning, MarketBeat.com reports. They currently have a buy rating on the semiconductor company’s stock.

Several other research firms have also issued reports on MXL. Stifel Nicolaus boosted their price target on shares of MaxLinear from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Susquehanna reaffirmed a “neutral” rating and issued a $30.00 price objective on shares of MaxLinear in a report on Monday, April 20th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $40.00 price objective on shares of MaxLinear in a research note on Friday, April 24th. Roth Capital increased their target price on MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Loop Capital raised MaxLinear from a “hold” rating to a “buy” rating and raised their price target for the stock from $17.00 to $75.00 in a report on Wednesday, April 29th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, MaxLinear currently has an average rating of “Hold” and an average price target of $85.00.

MaxLinear Price Performance

MXL stock opened at $71.59 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.15 and a current ratio of 1.78. The company has a market capitalization of $6.41 billion, a price-to-earnings ratio of -60.16 and a beta of 3.91. MaxLinear has a fifty-two week low of $12.77 and a fifty-two week high of $128.30. The stock has a fifty day moving average of $90.16 and a 200-day moving average of $50.11.

MaxLinear (NASDAQ:MXL) last announced its quarterly earnings data on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. The business had revenue of $168.85 million for the quarter, compared to analysts’ expectations of $164.64 million. MaxLinear had a positive return on equity of 2.24% and a negative net margin of 18.24%.The firm’s quarterly revenue was up 55.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.02 EPS. As a group, equities research analysts predict that MaxLinear will post 0.5 earnings per share for the current year.

Insiders Place Their Bets

In other MaxLinear news, Director Thomas E. Pardun sold 11,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $105.00, for a total value of $1,155,000.00. Following the sale, the director owned 55,252 shares of the company’s stock, valued at $5,801,460. This trade represents a 16.60% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Connie H. Kwong sold 35,000 shares of MaxLinear stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $96.96, for a total value of $3,393,600.00. Following the sale, the insider owned 13,947 shares of the company’s stock, valued at approximately $1,352,301.12. This trade represents a 71.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 50,118 shares of company stock worth $4,787,444 in the last quarter. 7.70% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pure Financial Advisors LLC bought a new position in MaxLinear in the 4th quarter worth $1,424,000. HighTower Advisors LLC increased its position in MaxLinear by 1.7% during the 4th quarter. HighTower Advisors LLC now owns 656,319 shares of the semiconductor company’s stock valued at $11,440,000 after buying an additional 10,948 shares in the last quarter. Pictet Asset Management Holding SA purchased a new position in shares of MaxLinear in the 4th quarter worth about $190,000. Tudor Investment Corp ET AL raised its holdings in MaxLinear by 68.5% in the third quarter. Tudor Investment Corp ET AL now owns 427,195 shares of the semiconductor company’s stock worth $6,869,000 after buying an additional 173,709 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in MaxLinear by 4.8% during the 4th quarter. Vanguard Group Inc. now owns 13,326,387 shares of the semiconductor company’s stock valued at $232,279,000 after purchasing an additional 605,903 shares during the last quarter. 90.79% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting MaxLinear

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: MaxLinear beat Q2 estimates, reporting earnings of $0.35 per share on revenue of $168.85 million, with sales up 55.2% year over year. Article Title
• Positive Sentiment: The company issued upbeat Q3 guidance, forecasting revenue of $210 million to $220 million, above Wall Street expectations, and lifted its 2026 optical data center revenue outlook to $210 million to $230 million. Article Title
• Positive Sentiment: Management highlighted rapid growth in optical AI data center and infrastructure demand, including a 145% surge in infrastructure sales, reinforcing the AI-driven growth story. Article Title
• Positive Sentiment: Analysts turned more constructive after the report, with Needham raising its price target to $100 from $60 and other firms boosting forecasts. Article Title
• Neutral Sentiment: Several reports noted that the stock was slipping or set to extend a short-term pullback even after the earnings beat, suggesting the move may reflect profit-taking rather than a change in fundamentals. Article Title

MaxLinear Company Profile

MaxLinear, Inc is a provider of radio-frequency (RF), analog, and mixed-signal integrated circuits for broadband communications, data center connectivity, and video infrastructure applications. The company’s product portfolio includes high-performance RF front-end modules, broadband power amplifiers, optical and Ethernet transceivers, and network processors designed to support demanding signal processing requirements.

MaxLinear’s semiconductor solutions are used by cable and satellite television operators, fiber-to-the-home service providers, network equipment manufacturers, and data center operators.