MXL MaxLinear Inc Analyst Estimates & Rating


The current consensus EPS estimate is $0.62 on $231.34 million in revenues for the coming quarter and $2.78 on $964.42 million in revenues for the current fiscal year. The company designs its analog and mixed-signal circuits in standard CMOS process technology for low-cost manufacturing. The company held an initial public offering on March 24, 2010 on the New York Stock Exchange .


Dr. Kishore Seendripu has an approval rating of 90% among the company’s employees. The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. MaxLinear’s stock was trading at $33.95 at the beginning of the year. Since then, MXL stock has decreased by 28.7% and is now trading at $24.20. Sign-up to receive the latest news and ratings for MaxLinear and its competitors with MarketBeat’s FREE daily newsletter.

MaxLinear MarketRank™ Forecast

There are currently 1 sell rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “buy” MXL shares. The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days.

MaxLinear is a provider of radio-frequency analog and mixed signal semiconductor SoC solutions for broadband communication applications offering small silicon die-size, and low power consumption. The Company’s RF receiver products capture and process digital and analog broadband signals to be decoded… We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

Over the last four quarters, the company has surpassed consensus EPS estimates four times. MaxLinear Inc. raised its outlook for third-quarter revenue and gross margin, citing strong demand, supply-chain improvements and tight expense management. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

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On average, they expect the company’s share price to reach $40.00 in the next twelve months. This suggests a possible upside of 65.3% from the stock’s current price. View analysts price targets for MXL or view top-rated stocks among Wall Street analysts. 7 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for MaxLinear in the last twelve months.

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. This quarterly report represents an earnings surprise of 4.23%. A quarter ago, it was expected that this chipmaker would post earnings of $1.06 per share when it actually produced earnings of $1.07, delivering a surprise of 0.94%. Real-time analyst ratings, insider transactions, earnings data, and more. According to analysts’ consensus price target of $40.00, MaxLinear has a forecasted upside of 66.0% from its current price of $24.09.

current consensus

In April 2016, MaxLinear bought Microsemi’s wireless backhaul business, adding about 30 workers to its workforce. In May 2016, MaxLinear announced it would buy Broadcom’s “wireless backhaul infrastructure for 80 million in cash.” In the Broadcom deal, MaxLinear took on about 120 additional employees. On February 8, 2017, Maxlinear announced the acquisition of Marvell Technology Group’s business, for $21.0 million in cash . On March 29, 2017, MaxLinear Inc. announced it would buy Exar Corporation for about $661.6 million cash. The acquisition of Exar Corp for $687 million was completed in May 2017. Sign Up NowGet this delivered to your inbox, and more info about our products and services.

Initially the 5 best small cap funds 2020 expected to raise around $43 million with the IPO, with that projection later raised to $90 million after a last-minute increase in share price by the company. MaxLinear, which belongs to the Zacks Semiconductor – Analog and Mixed industry, posted revenues of $248.44 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 0.64%. The company has topped consensus revenue estimates two times over the last four quarters. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

MaxLinear and ColorChip Announce Collaboration on a Complete Line of Optical and Active Electrical Interconnect Solutions

The company issued revenue guidance of $175.00 million-$205.00 million, compared to the consensus revenue estimate of $231.49 million. MaxLinear was founded in 2003 in Carlsbad, California by “eight semiconductor industry veterans.” Kishore Seendripu was co-founder, and would become chairman, president, and chief executive. Among other companies, in the past Seendripu had worked on the technical staff at Broadcom. Prior to 2009, the majority of the company’s revenue was from the sale of its “mobile handset digital television receivers” which contained MaxLinear’s digital television RF receiver chips, in Japan. The biggest customers for the product were Panasonic, Murata, and MTC Co. However, in 2009, the company sold more chips for use in digital set top boxes in Europe, automotive navigation displays, and digital TVs.

Technology Stocks Moving Up and Down Thursday: ATOM, BELFB, AMST, MTLS, PI, AZPN, WOLF, MXL – InvestorsObserver

Technology Stocks Moving Up and Down Thursday: ATOM, BELFB, AMST, MTLS, PI, AZPN, WOLF, MXL.

Posted: Thu, 27 Apr 2023 18:26:01 GMT [source]

High- stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends. Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding.

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The Biden administration’s aggressive antitrust stance and China’s heavy scrutiny of semicond… Last year, investors may have noticed a massive flight of capital took place. Capital moved away from tech, as widespread concerns about rising interest rates caused fear. As of 2022, MaxLinear is on the Multimedia over Coax Alliance board of directors as well as Arris, Broadcom, Comcast, Cox Communications, DirecTV, Echostar, Intel, and Verizon. Measures how much net income or profit is generated as a percentage of revenue.

Intel Stock: Chipmaker Beats Views But Gives Mixed Guidance – Investor’s Business Daily

Intel Stock: Chipmaker Beats Views But Gives Mixed Guidance.

Posted: Fri, 28 Apr 2023 15:02:00 GMT [source]

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Per-Share Earnings, Actuals & Estimates MaxLinear Inc.

You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the MXL quote. 7 Wall Street research analysts have issued 12-month target prices for MaxLinear’s shares. Their MXL share price forecasts range from $25.00 to $55.00.

It attempts to reflect the cash profit generated by a company’s operations. MaxLinear came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.71 per share. 56 employees have rated MaxLinear Chief Executive Officer Dr. Kishore Seendripu on

MaxLinear is Now Oversold (MXL) – Nasdaq

MaxLinear is Now Oversold (MXL).

Posted: Thu, 27 Apr 2023 15:44:00 GMT [source]

That year, MaxLinear had $51.4 million in revenue and $4.3 million in profit. Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. The Barchart Technical Opinion rating is a 100% Sell and ranks in the Top 1% of all short term signal directions.

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter, but also how these expectations have changed lately. MaxLinear , which belongs to the Zacks Semiconductor – Analog and Mixed industry, posted revenues of $248.44 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 0.64%. MaxLinear issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th.

In 2009, the company shipped 75 million chips to companies such as Panasonic and Sony, with 99 percent of its sales in Asia. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Bloomberg Technology The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

  • Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
  • In May 2016, MaxLinear announced it would buy Broadcom’s “wireless backhaul infrastructure for 80 million in cash.” In the Broadcom deal, MaxLinear took on about 120 additional employees.
  • In 2009, the company shipped 75 million chips to companies such as Panasonic and Sony, with 99 percent of its sales in Asia.

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