MaxLinear (MXL) Stock Price, News & Analysis

Company Overview

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. The company's products are used in various electronic devices, such as radio transceivers and modems for 4G/5G base-station and backhaul infrastructure; optical transceivers targeting hyperscale data centers; Wi-Fi and wireline routers for home networking; broadband modems compliant with data over cable service interface specifications, passive optical fiber standards, and digital subscriber line, as well as power management and interface products. It serves electronics distributors, module makers, original equipment manufacturers, and original design manufacturers through a direct sales force, third-party sales representatives, and a network of distributors. The company was incorporated in 2003 and is headquartered in Carlsbad, California.

Key Stats

• Today's Range: $18.81 to $19.83
• 50-Day Range: $12.97 to $20.90
• 52-Week Range: $11.08 to $26.59
• Volume: 2.56 million shs
• Average Volume: 1.05 million shs
• Market Capitalization: $1.61 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $23.14
• Consensus Rating: Moderate Buy

MaxLinear Stock Analysis - MarketRank™

MaxLinear scored higher than 82% of companies evaluated by MarketBeat, and ranked 177th out of 652 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

MaxLinear has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

MaxLinear has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for MaxLinear are expected to grow in the coming year, from ($1.66) to ($0.21) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of MaxLinear is -7.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of MaxLinear is -7.01, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

MaxLinear has a P/B Ratio of 2.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.94% of the outstanding shares of MaxLinear have been sold short.

Short Interest Ratio / Days to Cover

MaxLinear has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MaxLinear has recently increased by 1.96%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

MaxLinear does not currently pay a dividend.

Dividend Growth

MaxLinear does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -2.16

Percentage of Shares Shorted

4.94% of the outstanding shares of MaxLinear have been sold short.

Short Interest Ratio / Days to Cover

MaxLinear has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in MaxLinear has recently increased by 1.96%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.26

News Sentiment

MaxLinear has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for MaxLinear this week, compared to 6 articles on an average week.

Search Interest

8 people have searched for MXL on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.

MarketBeat Follows

3 people have added MaxLinear to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, MaxLinear insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $927,278.00 in company stock.

Percentage Held by Insiders

Only 8.60% of the stock of MaxLinear is held by insiders.

Percentage Held by Institutions

90.79% of the stock of MaxLinear is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MXL Stock Analysis - Frequently Asked Questions

How have MXL shares performed this year?

MaxLinear's stock was trading at $23.77 at the start of the year. Since then, MXL shares have decreased by 19.8% and is now trading at $19.07.
View the best growth stocks for 2024 here.

How were MaxLinear's earnings last quarter?

MaxLinear, Inc. (NASDAQ:MXL) released its quarterly earnings results on Wednesday, October, 23rd. The semiconductor company reported ($0.36) EPS for the quarter, missing analysts' consensus estimates of ($0.32) by $0.04. The company's revenue was down 40.2% compared to the same quarter last year.

Who are MaxLinear's major shareholders?

MaxLinear's top institutional shareholders include State Street Corp (4.89%), Primecap Management Co. CA (2.46%), Geode Capital Management LLC (2.14%) and Vaughan Nelson Investment Management L.P. (1.37%). Insiders that own company stock include Kishore Seendripu, Steven G Litchfield, William Torgerson, Michael Bollesen, Ted L Tewksbury III, Connie H Kwong, James Lougheed and Daniel A Artusi.
View institutional ownership trends.

How do I buy shares of MaxLinear?

Shares of MXL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 10/23/2024
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Semiconductors & related devices
• Sub-Industry: Semiconductors
• Current Symbol: NASDAQ:MXL
• Previous Symbol: NYSE:MXL
• CUSIP: 57776J10
• CIK: 1288469
• Web: www.maxlinear.com
• Phone: (760) 692-0711
• Fax: 760-444-8598
• Employees: 1,328
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $23.14
• High Stock Price Target: $30.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: +21.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($2.72)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-73,150,000.00
• Net Margins: -57.37%
• Pretax Margin: -61.09%
• Return on Equity: -19.22%
• Return on Assets: -12.07%

Debt

• Debt-to-Equity Ratio: 0.22
• Current Ratio: 1.95
• Quick Ratio: 1.38

Sales & Book Value

• Annual Sales: $393.71 million
• Price / Sales: 4.09
• Cash Flow: $1.67 per share
• Price / Cash Flow: 11.42
• Book Value: $8.38 per share
• Price / Book: 2.28

Miscellaneous

• Outstanding Shares: 84,362,000
• Free Float: 77,107,000
• Market Cap: $1.61 billion
• Optionable: Optionable
• Beta: 1.87