MaxLinear, Inc (NASDAQ:MXL) Given Average Recommendation of “Hold” by Brokerages

Shares of MaxLinear, Inc (NASDAQ:MXL) have been given a consensus recommendation of “Hold” by the nine analysts that are presently covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $19.3125.

Several equities analysts have recently commented on the company. Wall Street Zen lowered MaxLinear from a “buy” rating to a “hold” rating in a report on Friday, August 22nd. Loop Capital restated a “hold” rating and set a $15.00 price objective (up from $10.00) on shares of MaxLinear in a research note on Monday, August 4th. Wells Fargo & Company upped their price objective on MaxLinear from $13.00 to $18.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 24th. Benchmark restated a “buy” rating and set a $25.00 price target on shares of MaxLinear in a research report on Tuesday, September 2nd. Finally, Susquehanna upped their price target on shares of MaxLinear from $11.00 to $15.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd.

Insider Buying and Selling

In other MaxLinear news, insider Steven G. Litchfield sold 102,157 shares of the company’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $17.28, for a total value of $1,765,272.96. Following the completion of the transaction, the insider owned 312,203 shares in the company, valued at approximately $5,394,867.84. This represents a 24.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On MaxLinear

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Maryland State Retirement & Pension System lifted its stake in shares of MaxLinear by 3.0% in the second quarter. Maryland State Retirement & Pension System now owns 23,099 shares of the semiconductor company’s stock valued at $328,000 after buying an additional 680 shares during the period. Bank of Montreal Can lifted its position in shares of MaxLinear by 7.8% in the 2nd quarter. Bank of Montreal Can now owns 12,381 shares of the semiconductor company’s stock worth $176,000 after acquiring an additional 896 shares during the period. Blair William & Co. IL lifted its position in shares of MaxLinear by 4.1% in the 1st quarter. Blair William & Co. IL now owns 22,756 shares of the semiconductor company’s stock worth $247,000 after acquiring an additional 902 shares during the period. Thrivent Financial for Lutherans lifted its position in shares of MaxLinear by 2.2% in the 2nd quarter. Thrivent Financial for Lutherans now owns 57,796 shares of the semiconductor company’s stock worth $821,000 after acquiring an additional 1,226 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of MaxLinear by 36.6% in the 2nd quarter. GAMMA Investing LLC now owns 5,143 shares of the semiconductor company’s stock worth $73,000 after acquiring an additional 1,378 shares during the period. 90.79% of the stock is owned by institutional investors.

MaxLinear Stock Down 2.4%

MXL stock opened at $16.20 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.55 and a quick ratio of 1.14. MaxLinear has a 1-year low of $8.35 and a 1-year high of $25.73. The firm has a fifty day moving average price of $15.71 and a two-hundred day moving average price of $13.25. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of -6.56 and a beta of 1.76.

MaxLinear (NASDAQ:MXL) last announced its quarterly earnings data on Wednesday, July 23rd. The semiconductor company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. MaxLinear had a negative net margin of 55.53% and a negative return on equity of 18.16%. The business had revenue of $108.81 million during the quarter, compared to the consensus estimate of $104.94 million. During the same quarter in the prior year, the firm earned ($0.25) EPS. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. MaxLinear has set its Q3 2025 guidance at EPS. Research analysts predict that MaxLinear will post -0.37 EPS for the current year.

About MaxLinear

MaxLinear, Inc provides communications systems-on-chip solutions worldwide. Its products integrate various portions of a high-speed communication system, including radio frequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management.