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On its third-quarter 2026 earnings call, held on Oct. 22, 2026, MaxLinear (MXL -2.33%) raised its 2026 optical data center revenue forecast to a range between $250 million and $270 million. Artificial intelligence (AI) infrastructure demand is shifting the business away from legacy broadband markets toward high-speed optical chips. Three takeaways from management explain how this product shift impacts long-term strategy.

1. Data Center Optical Demand Lifted Infrastructure RevenueInfrastructure sales increased 210% year over year, becoming larger than all other business units combined. Management increased its full-year optical data center outlook as customer orders extended well past 2027.

Reflecting this momentum, we are raising our 26 optical data server revenue outlook to $250 million to $270 million. With strong visibility in bookings extending beyond 2027, we expect another significant step up in revenue next year.
-- Kishore Seendripu, Chief Executive Officer2. Next-Generation Speed Upgrades Double Content ValueMaxLinear is transitioning customers from 800-gigabit chips to 1.6-terabit speed architectures. Combining digital signal processor (DSP) chips with newly attached transimpedance amplifier (TIA) chips doubles average selling prices per module.

So the ASP on the DSP is more or less doubling, and then we have TIA that we did not add before. So all in all, we will we will be growing more than 2x on the ASP number.
-- Kishore Seendripu, Chief Executive Officer3. Order Visibility Extends Into 2028 as Customers Reserve SupplyLong manufacturing lead times forced cloud providers to book orders years in advance to lock in production. MaxLinear expanded its revolving credit line to $200 million to fund foundry wafer prepayments needed for this backlog.

You know, we are booking products throughout 2027 into 2028. You know, lead times for optical products are, you know, 26, 28 weeks. But customers are certainly coming in and placing orders out much further than that just kind of given they wanna secure supply.
-- Steven G. Litchfield, Chief Financial Officer and Chief Corporate Strategy OfficerLooking AheadHigh-speed optical shipments are accelerating across cloud data centers. MaxLinear expanded its credit facility by $70 million to support cash prepayments for wafer manufacturing capacity.

In summary, our quarterly performance highlights the continued strength of our optical product portfolio and the accelerating momentum across several growth drivers within our infrastructure business.
-- Steven G. Litchfield, Chief Financial Officer and Chief Corporate Strategy OfficerLong-term value relies on expanding silicon content within server racks while taking market share in next-generation 1.6-terabit optical networks.

Our strategy is focused on strengthening our in high-speed data center connectivity, expanding into adjacent infrastructure markets, and increasing our content share and strategic relevance with hyperscaler customers.
-- Kishore Seendripu, Chief Executive OfficerThe Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

Key Takeaways MXL's Q3 earnings beat estimates by 10.71%, while revenues jumped 72% year over year to $218.1 million.Infrastructure revenues surged 210% year over year to $125 million, driven by strong AI optical demand.MXL expects 2026 optical data center spending in the $250-$270 million range. MaxLinear (MXL - Free Report) reported third-quarter 2026 non-GAAP earnings of 62 cents per share, beating the Zacks Consensus Estimate by 10.71%. The company reported earnings of 14 cents per share in the year-ago quarter and 35 cents in the previous quarter.

Revenues of $218.1 million surged 72% year over year and surpassed the consensus mark by 1.44%. Sequentially, revenues increased 29%.

Results benefited from accelerating adoption of optical AI data center products. Infrastructure revenues surged 210% year over year, reflecting strong demand for high-speed optical interconnects and expanding hyperscaler deployments.

MXL’s Infrastructure Business Fuels Revenue GrowthInfrastructure revenues reached $125 million in the third quarter, increasing 47% sequentially and 210% year over year. The business remained MaxLinear’s largest revenue category, exceeding the combined contribution of its other businesses. Growth was driven by accelerating deployment of optical connectivity products supporting AI infrastructure.

The Keystone 100-gigabit-per-lane PAM4 digital signal processor platform continued ramping into high-volume production across multiple hyperscalers. Strong adoption of 800G optical solutions supported infrastructure growth, while expanding customer engagements strengthened the company's position in next-generation data center connectivity.

MaxLinear’s Broadband and Connectivity Sales RiseBroadband revenues increased to $53 million from $45 million in the previous quarter. Connectivity revenues reached $25 million compared with $24 million in the previous quarter. Industrial and multimarket revenues were $15 million.

Broadband and connectivity growth reflected large-scale deployments of fiber PON and Wi-Fi 7 gateways at major Tier 1 service providers in North America and Europe. MaxLinear also launched its Puma 9 platform, designed to support AI-ready DOCSIS 4.0 and 3.1+ multi-gigabit broadband services.

MXL’s New Products Expand AI Infrastructure ReachRushmore, the company’s 200-gigabit-per-lane PAM4 platform supporting 1.6-terabit optical connectivity, continued progressing through customer qualification. Initial revenues are expected in early 2027, with a stronger ramp anticipated in the second half of the year. MXL expects the platform to become a significant growth driver in 2028 and 2029.

MaxLinear is also expanding beyond optical interconnects through its Annapurna electrical retimer, Washington transimpedance amplifier and RackCommander control-plane portfolio. These products address high-speed electrical connectivity, telemetry and power management requirements in AI data centers.

The Panther storage accelerator platform continued gaining traction, with management expecting revenues to roughly double in 2026. Meanwhile, the company’s qualified XGS-PON hyperscale data center design win is expected to begin deployments in 2027, supported by secured backlog.

MaxLinear’s Margins Reflect Strong Operating LeverageNon-GAAP gross margin expanded to 60% from 59.1% in the year-ago quarter. The improvement reflected a favorable infrastructure product mix and increasing scale, partly offset by manufacturing cost pressures. Management noted that some cost increases have been passed along to customers.

Non-GAAP operating expenses increased 12% year over year to $66.5 million in the reported quarter. Despite higher expenses, non-GAAP operating margin expanded to 29.5% from 12.1%, benefiting from higher revenues and operating leverage.

MXL’s Cash Position Reflects Capacity InvestmentsMaxLinear ended the third quarter of 2026 with approximately $109.9 million in cash, cash equivalents and restricted cash.

Operating activities used approximately $13.6 million during the reported quarter, reflecting substantial wafer prepayments to support growing demand for data center products.

Inventory increased to $113.7 million from $105.5 million sequentially. However, days of inventory declined to 111 from 123, indicating improved inventory efficiency. Days sales outstanding increased to 31 from 28.

The company also amended its credit agreement, increasing its revolving credit facility by $70 million to $200 million. The expanded facility provides additional financial flexibility to support customer demand and growth opportunities.

MaxLinear Guides to Strong Q4 Revenue GrowthFor the fourth quarter of 2026, MaxLinear expects revenues between $240 million and $260 million. Infrastructure is expected to drive sequential growth through optical data center interconnect demand, while broadband and connectivity revenues are projected to decline seasonally.

The company anticipates non-GAAP gross margin of 59-62% and non-GAAP operating expenses between $65 million and $70 million.

MXL raised its 2026 optical data center revenue outlook to $250-$270 million. Customer bookings extend through 2027 into 2028, supported by demand for next-generation optical solutions. However, semiconductor foundry capacity constraints remain a challenge as the company prepares for additional product ramps.

Zacks Rank & Upcoming Earnings to ConsiderMaxLinear currently has a Zacks Rank #3 (Hold).

Shopify (SHOP - Free Report) , Seagate (STX - Free Report) and Teradyne (TER - Free Report) are some better-ranked stocks in the broader Zacks Computer and Technology sector that are set to report their earnings over the next couple of weeks. Each of the three stocks sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Seagate is set to report its first-quarter fiscal 2027 results on Oct. 27, while Teradyne is scheduled to report its third-quarter 2026 results on the same date. Shopify is set to report its third-quarter 2026 results on Nov. 3.

Shares of Seagate, Teradyne and Shopify have jumped 123.4%, 58.3% and 5%, year to date, respectively.

MarketBeat Week in Review – 04/27 - 05/01MaxLinear NASDAQ: MXL reported third-quarter 2026 revenue of $218.1 million, up 29% sequentially and 72% from a year earlier, as demand for its optical data-center connectivity products accelerated. The company said infrastructure revenue rose 210% year over year to about $125 million, making the segment larger than its other revenue categories combined.

Chief Executive Officer Kishore Seendripu said the company sees its AI data-center business in the early stages of a multiyear growth cycle, supported by hyperscale spending on higher-speed optical interconnects. MaxLinear raised its 2026 outlook for optical data-center revenue to between $250 million and $270 million.

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MaxLinear’s Explosive 200% Rally Looks Impressive—But Can It Last?“Demand for our optical data center connectivity and infrastructure solutions continues to strengthen,” Seendripu said, pointing to adoption of the company’s PAM4 products, broader customer engagements and execution across its infrastructure portfolio.

Quarterly financial results MaxLinear’s third-quarter GAAP gross margin was 58.7%, while non-GAAP gross margin was 60%. The difference primarily reflected $2.5 million of acquisition-related intangible asset amortization, Chief Financial Officer and Chief Corporate Strategy Officer Steve Litchfield said.

Silicon Motion: The Market's Best Merger Arbitrage OpportunityGAAP operating expenses totaled $97.8 million, compared with non-GAAP operating expenses of $66.5 million. The difference was largely attributable to $28.8 million in stock-based compensation and performance-based equity accruals, as well as $2.3 million in acquisition-related and other costs.

GAAP operating margin was 13.9%, while non-GAAP operating margin was 29.5%. GAAP diluted earnings per share were $0.30, and non-GAAP diluted earnings per share were $0.62. GAAP interest and other expense was $2.1 million, while non-GAAP interest and other expense was $2 million. Cash flow used in operating activities was approximately $13.6 million. The company ended the quarter with approximately $109.9 million in cash equivalents and restricted cash. Litchfield said the company made a substantial wafer prepayment during the quarter to support data-center product demand covered by committed backlog through 2027. Days of inventory declined to 111 from 123 in the prior quarter, while days sales outstanding increased to about 31 days from 28 days.

MaxLinear also amended its credit agreement to increase its revolving credit facility by $70 million, bringing the total available facility to $200 million. Litchfield said the added liquidity provides flexibility to support customer demand and growth opportunities.

Optical roadmap and 2027 outlook Seendripu said MaxLinear’s Keystone 5-nanometer CMOS 100-gigabit-per-lane PAM4 SerDes products are in high-volume production across multiple hyperscalers and are supporting current 800G optical infrastructure deployments.

The company expects its Rushmore-based 200-gigabit-per-lane PAM4 products for 1.6-terabit architectures to begin generating initial revenue in 2027, with a stronger ramp expected in the second half of the year and into 2028. Seendripu said the company has both DSP and transimpedance amplifier, or TIA, commitments in 1.6T design wins.

During the question-and-answer session, Seendripu said the average selling price for the DSP portion of 1.6T products is “more or less doubling” compared with 800G products. Adding TIAs, which MaxLinear did not previously supply with its 800G offerings, could result in content growth of more than two times as customers migrate to 1.6T, he said.

Litchfield declined to provide 2027 revenue guidance but said MaxLinear expects to outgrow the optical market next year. He said the company is booking optical products through 2027 and into 2028, with lead times for optical products running roughly 26 to 28 weeks. Customers are placing orders further in advance to secure supply, he added.

Management said 800G remains the principal contributor to optical growth in 2026. Litchfield said 1.6T should represent a substantially larger part of the mix in 2028, although 800G could continue contributing through 2029.

Broader AI infrastructure efforts Beyond optical DSPs, MaxLinear highlighted products targeting electrical interconnects, data-center control-plane connectivity, telemetry and power management. The company expects initial revenue from its Annapurna 1.6T electrical interconnect family and Washington 200-gigabit-per-lane TIA platform in 2027, followed by a stronger volume ramp in 2028.

Seendripu said Washington supports both PAM4 DSP-based optics and linear optical approaches, including linear receive optics, linear pluggable optics, near-packaged optics and co-packaged optics. He said MaxLinear expects an attachment rate of at least 100% for Washington in connection with its relevant products over the next year and a half.

The company also said its XGS-PON design win for hyperscale data-center control-plane connectivity completed qualification and has secured backlog. First deployments are expected to begin in 2027.

MaxLinear’s Panther storage accelerator platform is expected to roughly double revenue in 2026, Seendripu said, with the potential for another meaningful increase in 2027. The company said the platform is intended to increase effective storage utilization and support larger AI inference workloads without additional storage infrastructure spending.

Fourth-quarter guidance For the fourth quarter, MaxLinear forecast revenue of $240 million to $260 million. The company expects infrastructure revenue to grow strongly on demand for data-center optical interconnects, while broadband and connectivity revenue are expected to decline seasonally and industrial multi-market revenue is expected to increase.

GAAP gross margin is projected at 58% to 61%. Non-GAAP gross margin is projected at 59% to 62%. GAAP operating expenses are expected to range from $96 million to $101 million. Non-GAAP operating expenses are expected to range from $65 million to $70 million. GAAP and non-GAAP interest and other expense are expected to be $3.5 million to $4.3 million. On broadband, Litchfield acknowledged expected fourth-quarter seasonality but said MaxLinear anticipates growth in 2027, citing telecommunications spending and the company’s market-share gains in passive optical network products. The broadband and connectivity segments both posted sequential revenue growth in the third quarter, driven by fiber PON and Wi-Fi 7 gateway deployments at major North American and European service providers, according to Seendripu.

About MaxLinear (NASDAQ:MXL)MaxLinear, Inc is a fabless semiconductor company that designs, develops and sells integrated circuits and related solutions for broadband communications, wired and wireless infrastructure, data centers, industrial applications and consumer electronics. Its products are used by equipment manufacturers and service providers to support the transmission, processing and management of voice, video and data.

The company's portfolio includes broadband access system-on-chip products, Ethernet transceivers and controllers, high-speed interconnect and communications devices, radio-frequency and analog products, optical and copper connectivity solutions, and power-management components.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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MaxLinear (MXL - Free Report) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +10.71%. A quarter ago, it was expected that this chipmaker would post earnings of $0.33 per share when it actually produced earnings of $0.35, delivering a surprise of +6.06%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

MaxLinear, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $218.06 million for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.42%. This compares to year-ago revenues of $126.46 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

MaxLinear shares have added about 334.8% since the beginning of the year versus the S&P 500's gain of 13.3%.

What's Next for MaxLinear?While MaxLinear has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

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(s), but also how these expectations have changed lately.

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.

Ahead of this earnings release, the estimate revisions trend for MaxLinear was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.60 on $223.27 million in revenues for the coming quarter and $1.74 on $744.27 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Semiconductor - Analog and Mixed is currently in the top 7% of the 250 plus Zacks industries. 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.

Another stock from the same industry, M/A-Com (MTSI - Free Report) , has yet to report results for the quarter ended September 2026.

This chipmaker is expected to post quarterly earnings of $2.00 per share in its upcoming report, which represents a year-over-year change of +112.8%. The consensus EPS estimate for the quarter has been revised 6% higher over the last 30 days to the current level.

M/A-Com's revenues are expected to be $420.2 million, up 60.9% from the year-ago quarter.

MaxLinear, Inc. (Nasdaq: MXL), announced today it will showcase how service providers can extend AI experiences from hyperscale data centers to subscriber netwo

CARLSBAD, Calif.--(BUSINESS WIRE)-- #PON--AI-ready Topaz™ PON gateway SoC combines AI acceleration, advanced security, and 10G+ connectivity for next-generation networks.

Shares of MaxLinear (MXL +14.99%) gained 50.7% in September 2026, according to data from S&P Global Market Intelligence. The fabless semiconductor designer is up 549% over the past year as of Oct. 2.

Three things drove last month's surge.

There's accelerating demand for the optical networking chips that link AI data centers.MaxLinear got some bullish analyst reports.The stock completed a rebound from summer lows around $60.A sharp pullback in the middle of the month had more to do with the chip sector as a whole than with MaxLinear itself.

Image source: Getty Images.

AI data center demand lifted MaxLinear sharesMaxLinear makes digital signal processors, or DSPs, that sit inside the optical modules connecting servers in AI data centers. That's a lucrative business as tech giants are building AI data centers as fast as regulators and budgets will allow.

Management has raised its optical data center outlook in each of the last three quarters. The company started the year saying that business would top $100 million, and the midpoint of current guidance is $220 million.

Speaking at a technology conference on Sept. 9, CFO Steven Litchfield noted that chip prices are holding firm. Lead times for new orders are 26 to 28 weeks and MaxLinear's customers are currently setting up deliveries for the spring of 2027.

"I don't anticipate pricing coming down much between now and the end of next year," Litchfield said. "The market continues to grow."

The company is indeed firmly attached to the AI boom, and specifically to the related AI data center construction megatrend. MaxLinear holds no more than 7% of the optical module market, and Litchfield hopes to roughly triple that footprint over the next 2-3 years. If management is even half right, that's a lot of room for near-term growth.

Add a positive credit outlook from S&P Global Ratings on Sept. 11, price targets of $125 from StoneX and $120 from Stifel, and a bounce from summer lows near $60, and MaxLinear's shares had plenty of tailwinds last month.

The surge included one troubling dip, though. MaxLinear slid about 9% from Sept. 11 to Sept. 14, alongside chip peers such as Rambus and Allegro MicroSystems.

AI security events made investors worry about slower software development and lower AI hardware requirements. The trough didn't last long, but the high-tech corner of Wall Street got a healthy reminder of security concerns.

Premium Feature

Moneyball Superscore

60/100

Today's Change

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14.99

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13.81

Current Price

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105.93

The catch behind MaxLinear's big SeptemberBefore anyone calls this a victory lap, the bounce comes with a few asterisks.

MaxLinear's stock has essentially moved sideways from early May to the start of October amid a macro-driven summer slump. It's a volatile name, and investors should be prepared for continued speed bumps given lofty valuation multiples.

Trading at 39 times forward earnings estimates, MaxLinear makes high-priced stocks like Credo (22.7x) and Broadcom (18.4x) look affordable.

There's no denying that MaxLinear's management has ambitious growth plans, but the stock is a risky bet. I'll certainly watch for MaxLinear's Q3 report on Oct. 28, but I'm not slamming the "buy" button right now.

SummaryMaxLinear has declined 17% since June but remains up over 400% year-over-year.Despite recent profit-taking, I maintain a Buy rating as MXL's fundamentals have strengthened.MXL trades at approximately 35x forward P/E against a FY2027 EPS estimate of $2.61.I do not consider MXL's current valuation expensive given its growth trajectory. Olemedia/E+ via Getty Images

I have initiated my coverage on this rapidly growing fabless semiconductor company back in June, and that basically marked the short-term top. MaxLinear (MXL) has declined by 17% since my previous coverage and

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MXL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

SummaryAI is back! The Nasdaq notched a new high, lifted by an AI chip surge, as stocks continue to prove resilient in the face of external shocks.Nasdaq-100 earnings are growing at their fastest pace in more than 15 years, providing a strong fundamental backdrop for the AI-led rally.AI infrastructure companies are expected to be among the largest beneficiaries of record hyperscaler capex spending, which Goldman Sachs expects to reach $1.4T in 2027.Investors looking to gain exposure to high-momentum AI stocks could look to technical trends for bullish signals.SA Quant identified three Strong Buy AI stocks, each trading substantially above its 50-day simple moving average.I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them. mesh cube/iStock via Getty Images

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of SNDK either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given that any particular security, portfolio, transaction or investment strategy is suitable for any specific person. The author is not advising you personally concerning the nature, potential, value or suitability of any particular security or other matter. You alone are solely responsible for determining whether any investment, security or strategy, or any product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. Steven Cress is the Head of Quantitative Strategy at Seeking Alpha. Any views or opinions expressed herein may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

On September 15, 2026, MaxLinear Inc MXL shares rose 3.6% to a current price of $67.12, marking a significant increase over the year but still reflecting volatility, with a 52-week range of $12.77 to $128.30. The stock has exhibited remarkable performance year-to-date, up 285.1%, and a staggering 304.3% over the past year. However, the recent monthly performance has shown a decline of 20.9%.

GF Value™ verdict: Current price at $67.12 vs GF Value of $20.59 indicates the stock is 226.0% overvalued.GF Score™ is 57/100, which suggests an average performance across key financial metrics.Notable signal: Insiders have sold $60.6M worth of shares over the past 12 months with no insider buying.Is MXL Overvalued or Undervalued?MaxLinear's current price of $67.12 is substantially higher than its GF Value™ estimate of $20.59, suggesting that the stock is significantly overvalued by approximately 226.0%. GF Value™ represents GuruFocus' proprietary intrinsic value estimate, which is calculated based on historical trading multiples, past business growth, and projections for future performance. Given that MaxLinear is currently unprofitable and cash-flow-negative, relying solely on earnings-based valuation metrics like the Price-to-Earnings (P/E) ratio may not provide a reliable assessment of its value.

This overvaluation presents a risk to investors, as it implies that the market price does not accurately reflect the underlying business fundamentals. The GF Valuation label classifies MaxLinear as significantly overvalued, which serves as a cautionary indicator for potential investors. Without a robust earning structure, the stock's current pricing could be vulnerable to downward adjustments if market sentiment shifts or if the company fails to show a path to profitability.

How Does MXL's Valuation Compare to Its History?MetricCurrentHistoricalP/E (TTM)N/A27.7xForward P/E25.8xN/AAs MaxLinear does not have a reliable P/E ratio due to its current unprofitable status, we can only refer to its 5-year median P/E of 27.7x and current forward P/E of 25.8x. While the forward P/E suggests a potential improvement in earnings expectations, it also indicates that the stock is trading above its historical valuation levels. This analysis aligns with the GF Value™ verdict, confirming that the stock appears to be overvalued based on earnings-based metrics.

What Does MXL's GF Score™ Tell Us?GF Score™ measures the overall performance of a stock based on various financial metrics that assess its potential for growth, profitability, and financial stability. For MaxLinear, the GF Score™ of 57/100 signifies an average standing among its peers. The strongest sub-rank is in Growth (5/10), while the weakest is in Valuation (1/10).

MetricRatingGF Score™57Financial Strength6/10Profitability3/10Growth5/10Valuation1/10Momentum6/10The financial strength score of 6/10 indicates some level of stability, while the profitability rank of 3/10 raises concerns about the company's ability to generate profits. The growth rank of 5/10 reflects a moderate growth potential, but the low valuation rank of 1/10 emphasizes that MaxLinear is perceived as overly expensive relative to its financial performance. The overall scores suggest that while there are aspects of the company that show promise, significant risks remain, particularly regarding valuation and profitability.

What Are Gurus and Insiders Doing with MXL?Currently, 8 gurus hold shares of MaxLinear, with 5 increasing their positions and 3 trimming their stakes in recent quarters. This mixed activity among institutional investors indicates a cautious approach as they reassess the company's future potential amidst its high valuation. Guru ownership data is a crucial differentiator for GuruFocus, highlighting how market experts view the stock's prospects.

On the insider front, the sale of $60.6 million in shares over the past 12 months without any insider buying raises red flags. Such selling behavior often signals a lack of confidence in the company's future performance, suggesting that insiders may believe the stock is currently overvalued. This pattern of selling could be interpreted as a warning for retail investors to proceed with caution.

What This Means for InvestorsBased on the analysis of GF Value™, it is evident that MaxLinear is significantly overvalued at its current price of $67.12, especially in light of its cash-flow-negative status and the lack of profitability. The substantial insider selling further compounds the risk associated with investing in this stock. Investors may want to consider these factors carefully when evaluating their positions in MaxLinear.

For more in-depth insights and analysis, explore the MaxLinear Inc MXL stock page, and check out the GF Value™ page for additional information.

Frequently Asked QuestionsWhat is MXL's GF Score™?

MXL's GF Score™ is 57/100, indicating an average performance in terms of financial metrics and growth potential.

Is MXL overvalued or undervalued?

MXL is considered significantly overvalued based on its GF Value™ estimate, which suggests a fair value of $20.59 compared to the current price of $67.12.

What is MXL's P/E ratio?

MaxLinear currently does not have a reliable P/E ratio due to its unprofitable status, while its forward P/E stands at 25.8x, indicating it is trading above historical valuation levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

California State Teachers Retirement System raised its position in MaxLinear, Inc (NASDAQ:MXL – Free Report) by 12,029.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,619,533 shares of the semiconductor company’s stock after purchasing an additional 12,515,493 shares during the period. California State Teachers Retirement System owned 13.92% of MaxLinear worth $1,615,679,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Ameritas Advisory Services LLC purchased a new stake in shares of MaxLinear in the second quarter worth $32,000. Carolina Wealth Advisors LLC purchased a new stake in shares of MaxLinear in the 2nd quarter valued at about $47,000. Global Retirement Partners LLC purchased a new stake in shares of MaxLinear in the 2nd quarter valued at about $56,000. State of Wyoming bought a new stake in shares of MaxLinear during the 2nd quarter valued at about $126,000. Finally, CoreCap Advisors LLC bought a new stake in shares of MaxLinear during the 2nd quarter valued at about $134,000. 90.79% of the stock is currently owned by hedge funds and other institutional investors.

MaxLinear Price Performance MXL opened at $74.57 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.15 and a current ratio of 1.78. The stock has a market capitalization of $6.76 billion, a PE ratio of -62.66 and a beta of 3.93. The stock’s 50 day moving average price is $72.81 and its 200-day moving average price is $61.79. MaxLinear, Inc has a 52-week low of $12.77 and a 52-week high of $128.30.

MaxLinear (NASDAQ:MXL – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. MaxLinear had a negative net margin of 18.24% and a positive return on equity of 2.24%. The business had revenue of $168.85 million for the quarter, compared to analysts’ expectations of $164.64 million. During the same quarter in the previous year, the business posted $0.02 earnings per share. The firm’s revenue for the quarter was up 55.2% compared to the same quarter last year. On average, equities research analysts predict that MaxLinear, Inc will post 0.78 EPS for the current year. Analyst Ratings Changes A number of equities research analysts recently weighed in on MXL shares. Wells Fargo & Company raised their target price on shares of MaxLinear from $42.00 to $75.00 and gave the company an “equal weight” rating in a research note on Monday, July 20th. Benchmark initiated coverage on shares of MaxLinear in a research note on Wednesday, May 27th. They issued a “buy” rating and a $125.00 price target for the company. Susquehanna increased their price target on shares of MaxLinear from $45.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Northland Securities set a $110.00 price objective on shares of MaxLinear in a research report on Wednesday, June 3rd. Finally, Needham & Company LLC lifted their price objective on shares of MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, MaxLinear has an average rating of “Hold” and an average target price of $85.00.

Check Out Our Latest Stock Analysis on MXL

Insider Transactions at MaxLinear In related news, CEO Kishore Seendripu sold 351,454 shares of the business’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $85.95, for a total transaction of $30,207,471.30. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 7.70% of the stock is currently owned by company insiders.

MaxLinear Company Profile (Free Report)

MaxLinear, Inc is a fabless semiconductor company that designs and develops high-performance analog and mixed-signal integrated circuits. Its products are used in broadband communications, wired and wireless infrastructure, data center, networking, and industrial applications.

The company’s portfolio includes solutions for broadband access and connectivity, including cable and fiber-optic infrastructure, Ethernet and high-speed interconnects, optical communications, power management, interface products, and embedded processors.

Further Reading Five stocks we like better than MaxLinear Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model Kroger’s Textbook Entry for Buy-and-Hold Investors AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window Amgen Drops 10% on a Trial It Didn’t Even Run Want to see what other hedge funds are holding MXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MaxLinear, Inc (NASDAQ:MXL – Free Report).

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MaxLinear, Inc. (MXL) Presents at Citi's 2026 Global TMT Conference Transcript

Callan Family Office LLC bought a new stake in MaxLinear, Inc (NASDAQ:MXL – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,400 shares of the semiconductor company’s stock, valued at approximately $1,075,000.

A number of other large investors also recently made changes to their positions in MXL. Larson Financial Group LLC boosted its holdings in MaxLinear by 161.7% during the fourth quarter. Larson Financial Group LLC now owns 1,416 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 875 shares during the last quarter. Smartleaf Asset Management LLC grew its position in MaxLinear by 103.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,431 shares of the semiconductor company’s stock worth $25,000 after purchasing an additional 726 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in MaxLinear in the 4th quarter valued at about $25,000. International Assets Investment Management LLC purchased a new stake in MaxLinear in the 4th quarter valued at about $27,000. Finally, EverSource Wealth Advisors LLC lifted its position in shares of MaxLinear by 16.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,563 shares of the semiconductor company’s stock worth $27,000 after buying an additional 217 shares in the last quarter. 90.79% of the stock is owned by institutional investors.

MaxLinear Stock Performance NASDAQ MXL opened at $62.78 on Tuesday. The company has a market capitalization of $5.69 billion, a PE ratio of -52.76 and a beta of 3.96. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.15 and a current ratio of 1.78. MaxLinear, Inc has a 52-week low of $12.77 and a 52-week high of $128.30. The company has a 50-day simple moving average of $81.65 and a 200 day simple moving average of $57.61.

MaxLinear (NASDAQ:MXL – Get Free Report) last released its earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. MaxLinear had a negative net margin of 18.24% and a positive return on equity of 2.24%. The firm had revenue of $168.85 million for the quarter, compared to analysts’ expectations of $164.64 million. During the same period in the previous year, the company earned $0.02 earnings per share. The company’s quarterly revenue was up 55.2% on a year-over-year basis. On average, research analysts predict that MaxLinear, Inc will post 0.78 EPS for the current year. Insider Activity In related news, CEO Kishore Seendripu sold 351,454 shares of MaxLinear stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $85.95, for a total value of $30,207,471.30. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 7.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades A number of equities analysts have recently weighed in on MXL shares. Northland Securities set a $110.00 target price on MaxLinear in a research note on Wednesday, June 3rd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of MaxLinear in a research report on Friday, July 17th. Needham & Company LLC lifted their price target on MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Stifel Nicolaus lifted their price target on MaxLinear from $110.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Wells Fargo & Company boosted their price objective on MaxLinear from $42.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Monday, July 20th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $85.00.

Read Our Latest Analysis on MaxLinear

MaxLinear Company Profile (Free Report)

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.

Read More Five stocks we like better than MaxLinear Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain Snowflake Could Be Headed for New Highs Despite Insider Selling MongoDB Is Surging—And the Next Catalyst Is Almost Here Want to see what other hedge funds are holding MXL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MaxLinear, Inc (NASDAQ:MXL – Free Report).

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Bank of New York Mellon Corp purchased a new position in shares of MaxLinear, Inc (NASDAQ:MXL – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 509,357 shares of the semiconductor company’s stock, valued at approximately $65,213,000. Bank of New York Mellon Corp owned approximately 0.56% of MaxLinear at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MXL. EverSource Wealth Advisors LLC grew its holdings in MaxLinear by 16.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,563 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 217 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of MaxLinear by 5.6% during the second quarter. GAMMA Investing LLC now owns 6,152 shares of the semiconductor company’s stock worth $788,000 after purchasing an additional 326 shares during the last quarter. Carolina Wealth Advisors LLC bought a new stake in MaxLinear in the second quarter valued at about $47,000. Captrust Financial Advisors raised its stake in MaxLinear by 4.3% during the fourth quarter. Captrust Financial Advisors now owns 14,074 shares of the semiconductor company’s stock valued at $245,000 after buying an additional 577 shares in the last quarter. Finally, ProShare Advisors LLC lifted its holdings in MaxLinear by 4.3% during the 4th quarter. ProShare Advisors LLC now owns 16,048 shares of the semiconductor company’s stock worth $280,000 after buying an additional 664 shares during the last quarter. Institutional investors own 90.79% of the company’s stock.

Insider Transactions at MaxLinear In related news, CEO Kishore Seendripu sold 351,454 shares of MaxLinear stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $85.95, for a total transaction of $30,207,471.30. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 7.70% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In A number of equities research analysts have recently weighed in on MXL shares. Benchmark initiated coverage on MaxLinear in a report on Wednesday, May 27th. They issued a “buy” rating and a $125.00 price target for the company. Wall Street Zen raised shares of MaxLinear from a “hold” rating to a “buy” rating in a report on Sunday, July 26th. Needham & Company LLC boosted their target price on shares of MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Weiss Ratings restated a “sell (d-)” rating on shares of MaxLinear in a research report on Friday, July 17th. Finally, Wells Fargo & Company raised their target price on shares of MaxLinear from $42.00 to $75.00 and gave the stock an “equal weight” rating in a report on Monday, July 20th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $85.00. View Our Latest Research Report on MaxLinear

MaxLinear Price Performance Shares of NASDAQ:MXL opened at $63.00 on Thursday. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of -52.94 and a beta of 3.95. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.78 and a quick ratio of 1.15. MaxLinear, Inc has a 12 month low of $12.77 and a 12 month high of $128.30. The stock’s 50 day moving average price is $80.89 and its 200 day moving average price is $58.28.

MaxLinear (NASDAQ:MXL – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. The company had revenue of $168.85 million for the quarter, compared to analysts’ expectations of $164.64 million. MaxLinear had a positive return on equity of 2.24% and a negative net margin of 18.24%.The firm’s revenue for the quarter was up 55.2% on a year-over-year basis. During the same period last year, the firm earned $0.02 EPS. Equities research analysts anticipate that MaxLinear, Inc will post 0.78 earnings per share for the current fiscal year.

MaxLinear Company Profile (Free Report)

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.

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Key Takeaways MaxLinear leads with meaningful AI revenues, hyperscaler deployments and a broad connectivity pipeline.MXL expects Rushmore, Washington and Annapurna to become growth drivers as deployments ramp from 2027.Vicor offers VPD upside and a stronger balance sheet, but its biggest AI catalyst remains earlier-stage. MaxLinear (MXL - Free Report) and Vicor (VICR - Free Report) both stand to benefit from accelerating AI infrastructure spending, but they address different bottlenecks inside the data center. MaxLinear is primarily exposed to the connectivity side of AI infrastructure through high-speed optical and electrical interconnects, while Vicor focuses on power delivery for increasingly power-dense AI processors.

So, MXL or VICR, which is a better buy under the current scenario?

The Case for MaxLinearMaxLinear currently has the more visible AI revenue ramp. In the second quarter of 2026, revenues jumped 55% year over year to $168.8 million, while Infrastructure revenues surged 145% to $85 million and represented roughly half of total revenues. The year-over-year growth was driven primarily by higher shipments of optical, high-performance analog and wireless-backhaul products. Infrastructure has become MXL’s largest revenue category, led by high-speed optical interconnect demand.

The company’s AI opportunity is already moving beyond a single product. Keystone, MaxLinear’s 100G-per-lane PAM4 (Pulse Amplitude Modulation 4-Level) DSP (Digital Signal Processor), is in high-volume production at major U.S. and Asian hyperscalers for 400G and 800G deployments. MaxLinear expects the 1.6T Rushmore PAM4 DSP to become an important growth driver beginning in 2027. Washington expands MaxLinear into 200G-per-lane TIAs, while Annapurna targets 1.6T active electrical cables and onboard retimers used for low-latency AI scale-up connectivity. Washington and Annapurna are expected to begin generating revenues in 2027, followed by a more meaningful ramp in 2028.

MaxLinear is also gaining AI content beyond optical connectivity. The company has completed qualification of an XGS-PON hyperscaler design for data-center control-plane applications and secured USB bridge-controller wins at two major hyperscalers for AI rack management. MXL’s Panther storage accelerators address CPU, memory and storage bottlenecks, with revenues expected to roughly double in 2026 and potentially nearly double again in 2027. This combination of optics, electrical interconnects, storage, rack management and power-management products gives MXL several ways to increase content per AI rack.

The Case for VicorVicor's AI opportunity centers on solving another critical constraint, supplying large amounts of power to increasingly dense GPUs, TPUs and other accelerators. Advanced Products generated $94.2 million in the second quarter of 2026, up 45% sequentially, and accounted for 65.7% of revenues. Advanced Products sales are currently concentrated in data-center and hyperscaler applications, including power delivery on server motherboards, inside racks and across data-center infrastructure. The company also identifies AI processor acceleration as an important market for its power technology.

Vicor is leveraging second-generation Vertical Power Delivery (VPD) architecture to drive growth. The company targets current gain above 40 and current density of as much as 5 amps per square millimeter, addressing the rising power-density requirements of AI systems. However, the technology remains earlier in its commercialization curve than MaxLinear’s Keystone platform. Vicor has completed an initial chipset for its lead customer at roughly 3 amps per square millimeter and is completing demonstration systems, while targeting more than 4 amps per square millimeter around late 2026 or early 2027. Broader hyperscaler and OEM design wins therefore represent substantial upside, but their timing is still less certain.

Vicor nevertheless has strong demand indicators and a considerably stronger balance sheet. Backlog reached approximately $380 million in the second quarter of 2026, rising 26% sequentially and 145% year over year. Cash stood at $453.6 million, while operating cash flow totaled $34 million in the reported quarter. Rising high-performance computing and AI-related demand is bringing the first ChiP fabrication facility toward full utilization, prompting Vicor to prepare for additional manufacturing capacity.

MXL & VICR’s Earnings Estimate Revisions SteadyThe Zacks Consensus Estimate for MaxLinear’s 2026 earnings is pegged at $1.74 per share, unchanged over the past 30 days. MXL reported earnings of 31 cents per share in 2025.
 

The consensus mark for VICR’s 2026 earnings has been steady at $3.12 per share over the past 30 days and suggests 19.54% growth from the figure reported in 2025.

Stock Price Performance and ValuationMXL shares have returned 263.9% year to date, outperforming Vicor’s appreciation of 85.8%.

Price Performance: MXL vs. VICR
 
Image Source: Zacks Investment Research

Valuation-wise, shares of both MXL and VICR are overvalued. In terms of trailing 12-month EV/sales, MaxLinear shares are trading at 10.21X, lower than Vicor’s 18.85X.

Both MaxLinear and Vicor have a Value Score of F.

MXL and VICR Valuation
Image Source: Zacks Investment Research

Conclusion: MXL Has the EdgeMaxLinear appears better positioned to capture the AI infrastructure boom in the near to medium term. Vicor offers compelling long-term upside from second-generation VPD and has the stronger balance sheet, but its biggest AI catalyst is still moving through development, customer evaluation and eventual production ramps. MXL already has meaningful AI-driven revenues, high-volume hyperscaler deployments and a broader pipeline spanning 800G, 1.6T, electrical scale-up, rack management and storage. The combination of stronger current AI revenue growth and multiple identifiable product ramps through 2027-2028 gives MXL the edge over VICR, albeit with higher customer concentration and balance-sheet risk.

MaxLinear and Vicor currently carry Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Shares of MaxLinear (MXL - Free Report) have been struggling lately and have lost 21.5% over the past week. However, a hammer chart pattern was formed in its last trading session, which could mean that the stock found support with bulls being able to counteract the bears. So, it could witness a trend reversal down the road.

The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case for the stock. On the fundamental side, strong agreement among Wall Street analysts in raising earnings estimates for this chipmaker enhances its prospects of a trend reversal.

What is a Hammer Chart and How to Trade It?This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.'

In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price.

When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal.

Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors.

Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators.

Here's What Makes the Trend Reversal More Likely for MXLAn upward trend in earnings estimate revisions that MXL has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. That's because empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

The consensus EPS estimate for the current year has increased 55.6% over the last 30 days. This means that the Wall Street analysts covering MXL are majorly in agreement about the company's potential to report better earnings than what they predicted earlier.

If this is not enough, you should note that MXL currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Moreover, the Zacks Rank has proven to be an excellent timing indicator, helping investors identify precisely when a company's prospects are beginning to improve. So, for the shares of MaxLinear, a Zacks Rank of 2 is a more conclusive fundamental indication of a potential turnaround.

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear announces upcoming financial conference participation.

Posted by Defense World Staff on Aug 13th, 2026

California State Teachers Retirement System grew its position in MaxLinear, Inc (NASDAQ:MXL – Free Report) by 28.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,040 shares of the semiconductor company’s stock after purchasing an additional 22,993 shares during the period. California State Teachers Retirement System owned approximately 0.12% of MaxLinear worth $1,809,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Quantinno Capital Management LP increased its position in MaxLinear by 14.3% during the 1st quarter. Quantinno Capital Management LP now owns 47,858 shares of the semiconductor company’s stock worth $832,000 after purchasing an additional 5,982 shares in the last quarter. Entropy Technologies LP acquired a new position in MaxLinear during the first quarter valued at approximately $301,000. Renaissance Technologies LLC lifted its position in MaxLinear by 297.7% during the first quarter. Renaissance Technologies LLC now owns 445,913 shares of the semiconductor company’s stock valued at $7,754,000 after buying an additional 333,800 shares in the last quarter. Sei Investments Co. grew its stake in MaxLinear by 108.3% during the first quarter. Sei Investments Co. now owns 405,224 shares of the semiconductor company’s stock worth $7,047,000 after buying an additional 210,685 shares during the period. Finally, Globeflex Capital L P purchased a new stake in MaxLinear during the first quarter worth approximately $131,000. Hedge funds and other institutional investors own 90.79% of the company’s stock.

MaxLinear Stock Up 7.7% NASDAQ MXL opened at $74.33 on Thursday. The stock has a market cap of $6.74 billion, a PE ratio of -62.46 and a beta of 3.95. MaxLinear, Inc has a fifty-two week low of $12.77 and a fifty-two week high of $128.30. The business has a 50 day moving average price of $83.12 and a two-hundred day moving average price of $54.56. The company has a quick ratio of 1.15, a current ratio of 1.78 and a debt-to-equity ratio of 0.26.

MaxLinear (NASDAQ:MXL – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The semiconductor company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. MaxLinear had a negative net margin of 18.24% and a positive return on equity of 2.24%. The company had revenue of $168.85 million during the quarter, compared to the consensus estimate of $164.64 million. During the same quarter last year, the company earned $0.02 earnings per share. MaxLinear’s revenue for the quarter was up 55.2% on a year-over-year basis. As a group, sell-side analysts predict that MaxLinear, Inc will post 0.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth Several equities research analysts have recently issued reports on MXL shares. Northland Securities set a $110.00 price objective on shares of MaxLinear in a research report on Wednesday, June 3rd. Needham & Company LLC lifted their target price on shares of MaxLinear from $60.00 to $100.00 and gave the company a “buy” rating in a report on Friday, July 24th. Wall Street Zen raised shares of MaxLinear from a “hold” rating to a “buy” rating in a research report on Sunday, July 26th. Wells Fargo & Company increased their price target on MaxLinear from $42.00 to $75.00 and gave the company an “equal weight” rating in a report on Monday, July 20th. Finally, Benchmark began coverage on MaxLinear in a research report on Wednesday, May 27th. They issued a “buy” rating and a $125.00 price objective on the stock. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, MaxLinear currently has a consensus rating of “Hold” and an average price target of $85.00.

Check Out Our Latest Report on MaxLinear

Insider Buying and Selling at MaxLinear In related news, Director Thomas E. Pardun sold 11,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $105.00, for a total transaction of $1,155,000.00. Following the completion of the sale, the director directly owned 55,252 shares of the company’s stock, valued at approximately $5,801,460. This trade represents a 16.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 7.70% of the company’s stock.

MaxLinear Company Profile (Free Report)

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.

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MaxLinear, Inc. (NASDAQ: MXL), a leader in high-performance analog, mixed-signal and connectivity semiconductor solutions, today announced the expansion of its

CARLSBAD, Calif.--(BUSINESS WIRE)-- #AIInfrastructure--MaxLinear introduces intelligent eFuse solutions that enhance power protection, telemetry, and serviceability in AI infrastructure.

CARLSBAD, Calif.--(BUSINESS WIRE)-- #AI--MaxLinear Panther Storage Accelerator wins the FMS 2026 Best of Show Award in the Servers & Networking category.

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Work will focus on persistent MRAM for metadata management, log data, write buffering and cache functions

CHANDLER, Ariz. & CARLSBAD, Calif.--(BUSINESS WIRE)--Everspin Technologies, Inc. (NASDAQ: MRAM), the world's leading developer and manufacturer of MRAM solutions, and MaxLinear, Inc., a leading provider of high-performance connectivity and storage acceleration solutions, today announced the signing of a memorandum of understanding (MOU) to evaluate next-generation memory architectures designed to improve efficiency and performance in AI servers.

AI models and inference workloads continue to grow while server architectures are under pressure to support larger data sets, expanding key-value (KV) caches and increased data movement across systems. These demands are driving interest in new approaches that combine persistent memory, acceleration and compression to improve performance, power efficiency and infrastructure utilization.

The MOU establishes a framework for the companies to evaluate the use of Everspin's persistent, low-latency MRAM technology with MaxLinear's storage compression, encryption and hardware acceleration platform. The work will focus on metadata management, log data, write buffering and cache functions, as well as other data-intensive workloads, with the goal of improving responsiveness, reliability and data persistence in next-generation server architectures.

"AI is forcing system architects to rethink where persistent memory fits in the server memory hierarchy," said Sanjeev Aggarwal, president and CEO of Everspin Technologies. "At Everspin, we continue to advance MRAM for applications where speed, persistence and endurance need to work together. We look forward to collaborating with MaxLinear to bring that innovation into AI server architectures that need persistent memory closer to critical data, creating a path for next-generation MRAM-based solutions.”

"The rapid growth of AI is driving the need for smarter ways to manage, move and access data across servers," said Vikas Choudhary, senior vice president, connectivity and storage at MaxLinear. "Combining acceleration, compression, and persistent memory creates an opportunity to improve resource utilization, reduce data movement and deliver more predictable performance for demanding AI workloads. Our collaboration with Everspin is focused on evaluating innovative architectures that can help customers scale efficiently as AI deployments continue to expand."

MOU Terms

Under the terms of the MOU, the companies will evaluate:

Technical validation of Everspin MRAM with MaxLinear’s acceleration, compression and encryption platform for AI and data-intensive server workloadsMarket development initiatives targeting hyperscale cloud, AI infrastructure and enterprise server customersLong-term manufacturing, supply and commercialization opportunitiesFor more information on Everspin Technologies, visit https://www.everspin.com

About Everspin Technologies

Everspin Technologies, Inc. (NASDAQ: MRAM) is the world’s leading provider of Magnetoresistive RAM (MRAM). Everspin MRAM delivers the industry’s most robust, highest-performance non-volatile memory for industrial, data center, automotive, aerospace and other mission-critical applications where data persistence is essential. Headquartered in Chandler, Arizona, Everspin provides commercially available MRAM solutions to a large and diverse customer base.

About MaxLinear, Inc.

MaxLinear, Inc. (Nasdaq: MXL) is a leading provider of radio frequency (RF), analog, digital, and mixed-signal integrated circuits for access and connectivity, wired and wireless infrastructure, and industrial and multimarket applications. MaxLinear is headquartered in Carlsbad, California. For more information, please visit https://www.maxlinear.com/.

MaxLinear, the MaxLinear logo, any other MaxLinear trademarks are all property of MaxLinear, Inc. or one of MaxLinear's subsidiaries in the U.S.A. and other countries. All rights reserved.

All third-party marks and logos are trademarks or registered trademarks of their respective holders/owners.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements regarding future events or results. Forward-looking statements are identified by words such as “will,” “expects” or similar expressions and include, but are not limited to, statements regarding Everspin’s anticipated business plans and business strategy. These forward-looking statements are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results or outcomes to be materially different from any future results or outcomes expressed or implied by the forward-looking statements, including, without limitation, the risks set forth under the caption “Risk Factors” in Everspin’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 5, 2026, as well as in Everspin’s subsequent filings with the SEC. Any forward-looking statements made by Everspin in this press release speak only as of the date on which they are made, and subsequent events may cause these expectations to change. Everspin disclaims any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MXL over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

MaxLinear Inc. (NASDAQ:MXL) on Thursday reported upbeat second-quarter earnings and issued strong third-quarter guidance.

Second-quarter revenue rose 55% year over year and 23% sequentially to $168.8 million, beating the $164.702 million analyst estimate. GAAP earnings were 2 cents per share, while adjusted earnings of 35 cents per share topped the 33-cent estimate.

“Our Q2 financial results highlight the exciting inflection in our business trajectory and the beginning of a multiyear growth phase for MaxLinear,” CEO Kishore Seendripu said.

For the third quarter, MaxLinear expects revenue of $210 million to $220 million, above the $173.837 million analyst estimate.

MaxLinear shares dipped 14.6% to trade at $77.90 on Friday.

These analysts made changes to their price targets on MaxLinear following earnings announcement.

Needham analyst N. Quinn Bolton maintained the stock with a Buy and raised the price target from $60 to $100. Susquehanna analyst Christopher Rolland maintained the stock with a Neutral and raised the price target from $45 to $80. Considering buying MXL stock? Here’s what analysts think:

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