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

MaxLinear (NASDAQ:MXL) had its price target raised by research analysts at Needham & Company LLC from $60.00 to $100.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the semiconductor company’s stock. Needham & Company LLC’s price objective suggests a potential upside of 9.60% from the stock’s current price.

Several other research firms also recently commented on MXL. Roth Capital set a $100.00 price objective on MaxLinear and gave the stock a “buy” rating in a report on Friday. Loop Capital upgraded MaxLinear from a “hold” rating to a “buy” rating and increased their target price for the company from $17.00 to $75.00 in a report on Wednesday, April 29th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MaxLinear in a research note on Friday, July 17th. Stifel Nicolaus boosted their price objective on MaxLinear from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Finally, Susquehanna reissued a “neutral” rating and set a $30.00 price objective on shares of MaxLinear in a research note on Monday, April 20th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $79.00.

MaxLinear Price Performance

Shares of MaxLinear stock opened at $91.24 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.12 and a current ratio of 1.70. MaxLinear has a 52-week low of $12.77 and a 52-week high of $128.30. The company has a fifty day moving average of $90.58 and a 200-day moving average of $49.73. The stock has a market capitalization of $8.17 billion, a price-to-earnings ratio of -60.03 and a beta of 3.91.

MaxLinear (NASDAQ:MXL) last issued its earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The company had revenue of $168.85 million for the quarter, compared to analysts’ expectations of $164.64 million. MaxLinear had a negative net margin of 25.96% and a negative return on equity of 2.33%. The firm’s revenue was up 55.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.02 EPS. Equities research analysts expect that MaxLinear will post 0.5 EPS for the current year.

Insider Activity

In other MaxLinear news, Director Thomas E. Pardun sold 11,000 shares of the stock in a transaction that occurred 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 approximately $5,801,460. This trade represents a 16.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Connie H. Kwong sold 35,000 shares of MaxLinear stock in a transaction that occurred 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 owned 13,947 shares in the company, valued at approximately $1,352,301.12. This represents a 71.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 65,168 shares of company stock worth $5,559,358 over the last three months. 7.70% of the stock is owned by insiders.

Institutional Trading of MaxLinear

Several large investors have recently added to or reduced their stakes in MXL. EverSource Wealth Advisors LLC grew its stake in MaxLinear by 16.1% during the first quarter. EverSource Wealth Advisors LLC now owns 1,563 shares of the semiconductor company’s stock valued at $27,000 after acquiring an additional 217 shares in the last quarter. GAMMA Investing LLC lifted its stake in MaxLinear by 5.6% in the 2nd quarter. GAMMA Investing LLC now owns 6,152 shares of the semiconductor company’s stock worth $788,000 after purchasing an additional 326 shares in the last quarter. Carolina Wealth Advisors LLC bought a new position in shares of MaxLinear during the 2nd quarter valued at about $47,000. Captrust Financial Advisors boosted its holdings in shares of MaxLinear by 4.3% during the 4th quarter. Captrust Financial Advisors now owns 14,074 shares of the semiconductor company’s stock valued at $245,000 after purchasing an additional 577 shares during the last quarter. Finally, State of Alaska Department of Revenue grew its position in shares of MaxLinear by 1.4% during the fourth quarter. State of Alaska Department of Revenue now owns 45,677 shares of the semiconductor company’s stock valued at $795,000 after purchasing an additional 632 shares in the last quarter. Institutional investors own 90.79% of the company’s stock.

MaxLinear News Roundup

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: MaxLinear beat Q2 expectations, posting $0.35 adjusted EPS versus $0.33 expected and revenue of $168.85 million versus $164.64 million expected, with sales up 55.2% year over year. Article Title
• Positive Sentiment: The company issued Q3 revenue guidance of $210 million to $220 million, well above Wall Street’s estimate of about $173.8 million, signaling continued momentum. Article Title
• Positive Sentiment: MaxLinear also raised its 2026 optical data center revenue outlook to $210 million to $230 million, reinforcing investor optimism around demand in a key growth area. Article Title
• Neutral Sentiment: Multiple articles reiterated the quarterly beat and management commentary, but did not add materially new catalysts beyond the earnings release and guidance update. Article Title
• Negative Sentiment: Despite the strong report, the shares sold off after the announcement, suggesting investors may be taking profits or focusing on the company’s still-negative margins and profit profile. 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.