MaxLinear (MXL) Stock Overview
Provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
MXL Community Fair Values
Create NarrativeSee what 21 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
MaxLinear, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$88.76 |
| 52 Week High | US$106.28 |
| 52 Week Low | US$11.63 |
| Beta | 3.96 |
| 1 Month Change | 15.00% |
| 3 Month Change | 409.53% |
| 1 Year Change | 636.60% |
| 3 Year Change | 219.97% |
| 5 Year Change | 130.49% |
| Change since IPO | 374.65% |
Recent News & Updates
Narrative Update • Jun 01
MXL: AI Infrastructure Euphoria Will Likely Magnify Execution And Rerating Risk
Analysts have lifted the implied fair value for MaxLinear stock from $17.00 to $40.00, citing higher assumed revenue growth, a sharply higher future P/E, and growing interest in the company's AI optical and infrastructure exposure, as reflected in a series of recent Buy ratings and price target increases. Analyst Commentary Recent research coverage highlights a shift in how the stock is being framed, with several firms focusing on AI optical and infrastructure exposure, higher assumed revenue growth, and a richer future P/E.Seeking Alpha • May 21
MaxLinear: Underappreciated AI Infrastructure Play With Major Upside Potential
Summary MaxLinear is undergoing a major transformation as high‑margin AI optical products—Keystone, Rushmore, and Washington—begin replacing its legacy broadband revenue base. Management commentary suggests multiple product ramps across several hyperscalers, while current analyst estimates appear to model only a single program. The key milestones to watch are a Q2 step‑function in optical revenue, gross margin expansion toward the high end of guidance, and continued diversification across hyperscalers through module‑maker wins. Although near‑term financials remain messy, the long‑term risk‑reward profile may appeal to patient, growth‑oriented investors who believe MaxLinear's AI‑infrastructure thesis will play out. Read the full article on Seeking AlphaRecent updates
Narrative Update • Jun 01
MXL: AI Infrastructure Euphoria Will Likely Magnify Execution And Rerating Risk
Analysts have lifted the implied fair value for MaxLinear stock from $17.00 to $40.00, citing higher assumed revenue growth, a sharply higher future P/E, and growing interest in the company's AI optical and infrastructure exposure, as reflected in a series of recent Buy ratings and price target increases. Analyst Commentary Recent research coverage highlights a shift in how the stock is being framed, with several firms focusing on AI optical and infrastructure exposure, higher assumed revenue growth, and a richer future P/E.Seeking Alpha • May 21
MaxLinear: Underappreciated AI Infrastructure Play With Major Upside Potential
Summary MaxLinear is undergoing a major transformation as high‑margin AI optical products—Keystone, Rushmore, and Washington—begin replacing its legacy broadband revenue base. Management commentary suggests multiple product ramps across several hyperscalers, while current analyst estimates appear to model only a single program. The key milestones to watch are a Q2 step‑function in optical revenue, gross margin expansion toward the high end of guidance, and continued diversification across hyperscalers through module‑maker wins. Although near‑term financials remain messy, the long‑term risk‑reward profile may appeal to patient, growth‑oriented investors who believe MaxLinear's AI‑infrastructure thesis will play out. Read the full article on Seeking Alpha
Narrative Update • May 14
MXL: Infrastructure Demand Inflection Will Eventually Fail To Justify Current P/E
Analysts have sharply lifted their MaxLinear price targets, with the updated fair value estimate moving from about $27.50 to roughly $73.73. Recent initiations, upgrades and target hikes reflect higher assumed revenue growth, a lower profit margin outlook and a much higher future P/E multiple.Narrative Update • Apr 24
MXL: Higher Expectations For Margins Will Likely Expose Execution Risk
Analysts have raised their price targets on MaxLinear by $11 and $12 in recent research, citing updated expectations for revenue growth, profit margins and future P/E assumptions as key factors behind the revised valuation views. Analyst Commentary While recent research has pointed to higher valuation benchmarks for MaxLinear, some bearish analysts are still flagging important risks that could limit how much upside investors are willing to pay for at current levels.
Narrative Update • Apr 08
MXL: Discount Rate And Margin Assumptions Will Support Future Repricing Potential
Analysts have increased their price target on MaxLinear by $3, reflecting updated assumptions on discount rate, revenue growth, profit margin, and future P/E that keep fair value around $21.55. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target as consistent with updated assumptions that still anchor fair value around US$21.55, which they view as a reasonable reflection of current information on revenue, margins, and P/E.Narrative Update • Mar 25
MXL: Higher Margin Focus And Buybacks Will Support Future Repricing
Analysts have raised their price target on MaxLinear by $3. This reflects adjustments to their assumptions on profit margins, discount rate and future P/E expectations.Narrative Update • Mar 09
MXL: Rising Margin Conviction And Buybacks Will Support Future Repricing
Analysts have lifted their price target on MaxLinear by $3, reflecting updated views on its profit margin outlook and valuation multiples while keeping estimated fair value broadly in line. Analyst Commentary Bullish Takeaways Bullish analysts point to the raised price target as a reflection of improved conviction in MaxLinear's profit margin outlook, suggesting that recent adjustments better capture its earnings potential.Narrative Update • Feb 23
MXL: Higher Earnings Margins And Buybacks Will Support Bullish Repricing
Analysts have lifted their price target on MaxLinear by $1.70 to $21.55, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E multiples discussed in recent research. Analyst Commentary Bullish Takeaways Bullish analysts see the higher US$21.55 target as consistent with updated views on what they consider a fair value range for MaxLinear, given current assumptions around revenue growth and profit margins used in their models.Narrative Update • Feb 09
MXL: Higher Fair Value And Buybacks Will Likely Mask Execution Risk
Narrative Update: MaxLinear Analyst Price Target Shift Analysts have lifted their MaxLinear fair value estimate from $16.00 to $17.00, citing revised assumptions around revenue growth, profit margins, and future P/E expectations as key factors behind the change. Analyst Commentary While some analysts have raised their fair value expectations for MaxLinear, others remain cautious and highlight several risks that they believe could limit upside for the stock.Narrative Update • Jan 25
MXL: Raised Expectations And Buybacks Will Likely Struggle Against Execution Risk
Narrative update on MaxLinear Analysts have lifted their price target on MaxLinear by $3, citing updated assumptions for revenue growth, profit margins and future P/E as the key drivers behind this change. Analyst Commentary While the latest target move reflects updated assumptions on revenue, margins and future P/E, not every part of the Street is leaning in the same direction.Narrative Update • Jan 11
MXL: Recovery Hopes And Buybacks Will Face Tight Margin Of Safety
Analysts have nudged their price target on MaxLinear up by $2 to $23, citing what they describe as another solid quarter and a view that the company is steadily rebuilding after a pronounced downcycle. Analyst Commentary While the higher US$23 price target reflects some renewed confidence in MaxLinear's recovery after its downcycle, not all commentary skews positive.Narrative Update • Dec 15
MXL Share Buybacks And 5G Wins Will Drive Measured Recovery Ahead
Analysts have nudged their fair value estimate for MaxLinear higher, lifting the target from $15.00 to $16.00 as they point to solid Q3 execution and a return to more stable growth following the recent industry downcycle. Analyst Commentary Recent Street research points to a more constructive stance on MaxLinear in the wake of its Q3 results, with at least one firm lifting its price target into the low $20s and reiterating a favorable rating.Analysis Article • Nov 19
Lacklustre Performance Is Driving MaxLinear, Inc.'s (NASDAQ:MXL) 26% Price Drop
MaxLinear, Inc. ( NASDAQ:MXL ) shares have had a horrible month, losing 26% after a relatively good period beforehand...Analysis Article • Sep 16
At US$16.60, Is It Time To Put MaxLinear, Inc. (NASDAQ:MXL) On Your Watch List?
MaxLinear, Inc. ( NASDAQ:MXL ), might not be a large cap stock, but it saw a significant share price rise of 42% in the...Analysis Article • Jul 13
Why Investors Shouldn't Be Surprised By MaxLinear, Inc.'s (NASDAQ:MXL) 28% Share Price Surge
Despite an already strong run, MaxLinear, Inc. ( NASDAQ:MXL ) shares have been powering on, with a gain of 28% in the...Analysis Article • Jun 23
MaxLinear, Inc.'s (NASDAQ:MXL) Intrinsic Value Is Potentially 53% Above Its Share Price
Key Insights Using the 2 Stage Free Cash Flow to Equity, MaxLinear fair value estimate is US$20.14 MaxLinear's US$13.17...New Narrative • May 16
Data Centers, Broadband And Wireless Advances Will Open Future Markets
Strong progress in data center products and new market applications positions MaxLinear for significant revenue growth in the future.Seeking Alpha • Jan 10
MaxLinear Heading For An Upturn, But The Valuation Seems To Anticipate This
Summary MaxLinear's stock has been volatile, recovering from a plunge after Q2'24 earnings, but still underperforming compared to stronger datacenter peers like Broadcom and Marvell. Management's optimistic projections for Broadband and Connectivity revenue and datacenter interconnect are questionable, but there are opportunities in Ethernet PHY, storage acceleration, and PON. Revenue should start recovering in 2025, and I expect 20%-plus revenue growth in '25/'26, but real traction in datacenter interconnect and stronger cable broadband demand are key for upside. Despite the likelihood of the business turning up in 2025, the current valuation isn't attractive enough to warrant a positive recommendation. Read the full article on Seeking AlphaShareholder Returns
| MXL | US Semiconductor | US Market | |
|---|---|---|---|
| 7D | -7.7% | 6.0% | 1.2% |
| 1Y | 636.6% | 113.4% | 27.0% |
Return vs Industry: MXL exceeded the US Semiconductor industry which returned 113.4% over the past year.
Return vs Market: MXL exceeded the US Market which returned 27% over the past year.
Price Volatility
| MXL volatility | |
|---|---|
| MXL Average Weekly Movement | 25.7% |
| Semiconductor Industry Average Movement | 11.4% |
| Market Average Movement | 7.2% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: MXL's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: MXL's weekly volatility has increased from 15% to 26% over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2003 | 1,115 | Kishore Seendripu | www.maxlinear.com |
MaxLinear, Inc. provides communications systems-on-chip solutions in the United States, Asia, Europe, and internationally. 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. Its products are used in various electronic devices, such as radio transceivers and modems for 4G/5G base-station and backhaul infrastructure; optical transceivers; 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.
MaxLinear, Inc. Fundamentals Summary
| MXL fundamental statistics | |
|---|---|
| Market cap | US$7.72b |
| Earnings (TTM) | -US$132.10m |
| Revenue (TTM) | US$508.90m |
15.6x
P/S Ratio-60.2x
P/E RatioIs MXL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MXL income statement (TTM) | |
|---|---|
| Revenue | US$508.90m |
| Cost of Revenue | US$218.03m |
| Gross Profit | US$290.87m |
| Other Expenses | US$422.97m |
| Earnings | -US$132.10m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | -1.48 |
| Gross Margin | 57.16% |
| Net Profit Margin | -25.96% |
| Debt/Equity Ratio | 27.3% |
How did MXL perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/02 14:11 |
| End of Day Share Price | 2026/06/02 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
MaxLinear, Inc. is covered by 16 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Cody Acree | Benchmark Company |
| Karl Ackerman | BNP Paribas |
| Jaywant Srivatsa | Chardan Capital Markets, LLC |