MaxLinear (NASDAQ:MXL) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of MaxLinear (NASDAQ:MXL) from a hold rating to a buy rating in a research report sent to investors on Sunday.

A number of other equities research analysts have also issued reports on the company. Wells Fargo & Company boosted their target price on MaxLinear from $42.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of MaxLinear in a research report on Friday, July 17th. Benchmark initiated coverage on MaxLinear in a research report on Wednesday, May 27th. They issued a “buy” rating and a $125.00 price target for the company. Loop Capital raised MaxLinear from a “hold” rating to a “buy” rating and lifted their price target for the stock from $17.00 to $75.00 in a research note on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $40.00 price objective on shares of MaxLinear in a report on Friday, April 24th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $85.00.

MaxLinear Stock Performance

MaxLinear stock opened at $71.59 on Friday. The firm has a market cap of $6.41 billion, a price-to-earnings ratio of -60.16 and a beta of 3.91. MaxLinear has a 1 year low of $12.77 and a 1 year high of $128.30. The firm’s 50 day moving average price is $90.16 and its two-hundred day moving average price is $50.11. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.15 and a current ratio of 1.78.

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

Insider Activity at MaxLinear

In other news, Director Thomas E. Pardun sold 11,000 shares of the stock in a transaction on 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 completion of the sale, the director owned 55,252 shares in the company, valued at $5,801,460. This represents a 16.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Connie H. Kwong sold 35,000 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $96.96, for a total value of $3,393,600.00. Following the completion of the sale, the insider directly 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 disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 50,118 shares of company stock worth $4,787,444. Corporate insiders own 7.70% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MXL. Carolina Wealth Advisors LLC purchased a new stake in MaxLinear in the 2nd quarter worth about $47,000. CoreCap Advisors LLC purchased a new position in MaxLinear during the 2nd quarter valued at about $134,000. Larson Financial Group LLC grew its stake in MaxLinear by 161.7% during the 4th quarter. Larson Financial Group LLC now owns 1,416 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 875 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in MaxLinear by 103.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,431 shares of the semiconductor company’s stock valued at $25,000 after acquiring an additional 726 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in shares of MaxLinear in the 4th quarter valued at about $25,000. 90.79% of the stock is owned by institutional investors and hedge funds.

MaxLinear News Summary

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

About MaxLinear

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.