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 net margin of 68.01% and a negative return on equity of 21.15%. MaxLinear updated its Q1 2025 guidance to EPS.

MaxLinear Stock Down 0.2 %

Shares of MXL traded down $0.04 during mid-day trading on Friday, reaching $17.43. The company’s stock had a trading volume of 928,483 shares, compared to its average volume of 2,108,810. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.95 and a quick ratio of 1.38. MaxLinear has a 12-month low of $11.08 and a 12-month high of $26.59. The stock has a market cap of $1.47 billion, a PE ratio of -5.95 and a beta of 1.79. The company’s 50 day moving average is $19.80 and its 200 day moving average is $16.44.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Northland Securities boosted their price objective on MaxLinear from $25.00 to $27.50 and gave the company an “outperform” rating in a report on Monday, January 6th. Benchmark reiterated a “buy” rating and set a $28.00 price target on shares of MaxLinear in a research note on Thursday. Susquehanna lowered their price objective on shares of MaxLinear from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Thursday. Craig Hallum dropped their price objective on shares of MaxLinear from $28.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Finally, Wells Fargo & Company raised their price target on shares of MaxLinear from $19.00 to $20.00 and gave the company an “equal weight” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $25.50.

Insider Buying and Selling

In other MaxLinear news, insider Steven G. Litchfield sold 32,000 shares of MaxLinear stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $20.35, for a total transaction of $651,200.00. Following the transaction, the insider now owns 365,868 shares of the company’s stock, valued at $7,445,413.80. The trade was a 8.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Ted L. Tewksbury III sold 5,800 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $15.36, for a total transaction of $89,088.00. Following 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. Insiders sold a total of 48,900 shares of company stock worth $927,278 over the last 90 days. 8.60% of the stock is owned by 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.