MaxLinear (NASDAQ:MXL) Trading Up 8.5% – Still a Buy?

MaxLinear, Inc (NASDAQ:MXL)’s stock price was up 8.5% during mid-day trading on Friday . The company traded as high as $76.00 and last traded at $76.7660. Approximately 3,321,865 shares were traded during mid-day trading, an increase of 46% from the average daily volume of 2,274,187 shares. The stock had previously closed at $70.75.

More MaxLinear News

Here are the key news stories impacting MaxLinear this week:

• Positive Sentiment: Q1 results and data‑center momentum — MaxLinear reported Q1 revenue up ~43% YoY and an EPS beat, with management highlighting robust infrastructure/data‑center demand that sparked buying interest. MaxLinear (MXL) Shares Up Nearly 200% In April; Analysts Upgrade the Stock Amid Strong Data Center Demand
• Positive Sentiment: New product tied to AI interconnects — MaxLinear announced the Washington 200G TIA for 1.6T AI data‑center optical links, strengthening its exposure to the AI/data‑center TAM and supporting the growth narrative. MaxLinear Announces Availability of Washington 200G TIA
• Positive Sentiment: Analyst upgrades and estimate raises — Multiple firms (Loop Capital, Stifel, Needham, Northland) raised ratings, price targets and FY2026 EPS forecasts, which likely fueled fresh buying and helped justify elevated valuations in the short term. MaxLinear’s Explosive 200% Rally Looks Impressive—But Can It Last?
• Neutral Sentiment: Momentum press and retail interest — Several media pieces (Zacks, MarketBeat, momentum writeups) are amplifying the story; that increases flow and attention but is not a fundamental change by itself. Are You Looking for a Top Momentum Pick? Why MaxLinear (MXL) is a Great Choice
• Negative Sentiment: Insider selling — Recent Form 4 filings show material insider sells (Connie Kwong and others), which can be seen as profit‑taking and may add selling pressure or dent confidence among some investors. MaxLinear (NASDAQ:MXL) Insider Connie Kwong Sells 4,118 Shares
• Negative Sentiment: Valuation and profitability cautions — Analysts and commentators warn the rally has pushed MXL to rich multiples (high forward P/E) while recent GAAP margins and ROE remain negative; some outlets list MXL as overbought, raising the risk of a pullback if execution or margins disappoint. MaxLinear’s Explosive 200% Rally Looks Impressive—But Can It Last?

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MaxLinear in a research note on Tuesday, April 21st. Roth Mkm raised shares of MaxLinear from a “neutral” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Friday, April 24th. Needham & Company LLC raised shares of MaxLinear from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Friday, April 24th. Stifel Nicolaus boosted their target price on shares of MaxLinear from $34.00 to $49.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Finally, Wells Fargo & Company boosted their target price on shares of MaxLinear from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Friday, January 30th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $44.20.

MaxLinear Trading Up 9.1%

The company has a quick ratio of 1.12, a current ratio of 1.70 and a debt-to-equity ratio of 0.27. The company has a market cap of $6.91 billion, a P/E ratio of -50.78, a PEG ratio of 2.69 and a beta of 3.93. The firm’s 50 day moving average is $23.62 and its two-hundred day moving average is $19.47.

MaxLinear (NASDAQ:MXL) last issued its quarterly earnings data on Thursday, April 23rd. The semiconductor company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.04. The company had revenue of $137.19 million for the quarter, compared to analysts’ expectations of $137.15 million. MaxLinear had a negative net margin of 25.96% and a negative return on equity of 2.33%. MaxLinear’s revenue for the quarter was up 43.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.05) earnings per share. As a group, equities research analysts anticipate that MaxLinear, Inc will post 0.52 EPS for the current year.

Insiders Place Their Bets

In other MaxLinear news, insider Steven G. Litchfield sold 20,000 shares of the company’s stock in a transaction on Friday, March 6th. The shares were sold at an average price of $15.68, for a total transaction of $313,600.00. Following the sale, the insider owned 343,435 shares of the company’s stock, valued at approximately $5,385,060.80. This represents a 5.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Connie H. Kwong sold 4,118 shares of the company’s stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $58.00, for a total transaction of $238,844.00. Following the sale, the insider directly owned 48,947 shares in the company, valued at $2,838,926. This trade represents a 7.76% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 64,097 shares of company stock worth $1,757,215 in the last ninety days. Insiders own 7.70% of the company’s stock.

Hedge Funds Weigh In On MaxLinear

Several institutional investors have recently made changes to their positions in MXL. Larson Financial Group LLC raised its holdings in shares of MaxLinear by 161.7% during the fourth quarter. Larson Financial Group LLC now owns 1,416 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 875 shares during the period. Smartleaf Asset Management LLC raised its holdings in shares of MaxLinear by 103.0% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,431 shares of the semiconductor company’s stock valued at $25,000 after purchasing an additional 726 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new position in shares of MaxLinear during the fourth quarter valued at about $25,000. International Assets Investment Management LLC acquired a new position in shares of MaxLinear during the fourth quarter valued at about $27,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of MaxLinear by 97.0% during the third quarter. EverSource Wealth Advisors LLC now owns 2,110 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,039 shares during the period. Institutional investors and hedge funds own 90.79% of the company’s stock.

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.