MaxLinear (NASDAQ:MXL) Posts Earnings Results, Misses Estimates By $0.14 EPS

MaxLinear (NASDAQ:MXL) posted its earnings results on Wednesday. The semiconductor company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.14), Zacks reports. MaxLinear had a negative return on equity of 19.22% and a negative net margin of 57.37%. MaxLinear updated its Q1 2025 guidance to EPS.

MaxLinear Stock Performance

Shares of NASDAQ MXL traded up $1.32 during trading hours on Wednesday, reaching $21.79. The stock had a trading volume of 4,290,514 shares, compared to its average volume of 1,881,030. The company has a market cap of $1.84 billion, a price-to-earnings ratio of -8.01 and a beta of 1.79. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.95 and a quick ratio of 1.38. The business’s fifty day moving average is $19.63 and its two-hundred day moving average is $16.39. MaxLinear has a twelve month low of $11.08 and a twelve month high of $26.59.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Susquehanna boosted their target price on shares of MaxLinear from $20.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 22nd. Craig Hallum lowered their target price on MaxLinear from $28.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, October 24th. Northland Securities lifted their price target on MaxLinear from $25.00 to $27.50 and gave the stock an “outperform” rating in a research report on Monday, January 6th. Wells Fargo & Company increased their price objective on MaxLinear from $14.00 to $19.00 and gave the company an “equal weight” rating in a research report on Monday, January 13th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of MaxLinear in a research report on Thursday, October 24th. One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $25.64.

Insider Activity

In related news, VP William Torgerson sold 6,100 shares of MaxLinear stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $15.40, for a total transaction of $93,940.00. Following the completion of the transaction, the vice president now directly owns 179,262 shares of the company’s stock, valued at $2,760,634.80. This trade represents a 3.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Ted L. Tewksbury III sold 5,800 shares of the business’s stock in a transaction dated Thursday, November 21st. The shares were sold at an average price of $15.36, for a total transaction of $89,088.00. Following the completion of the transaction, the director now owns 69,717 shares in the company, valued at approximately $1,070,853.12. This trade represents a 7.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 48,900 shares of company stock worth $927,278. 8.60% of the stock is currently owned by corporate insiders.

MaxLinear Company Profile

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.