Northland Securities Boosts Earnings Estimates for MaxLinear

MaxLinear, Inc (NASDAQ:MXL) – Northland Securities upped their FY2026 earnings per share (EPS) estimates for shares of MaxLinear in a research note issued on Friday, October 23rd. Northland Securities analyst T. Savageaux now anticipates that the semiconductor company will earn $1.11 per share for the year, up from their prior estimate of $0.76. The consensus estimate for MaxLinear’s current full-year earnings is $0.78 per share. Northland Securities also issued estimates for MaxLinear’s Q4 2026 earnings at $0.57 EPS and FY2027 earnings at $3.12 EPS.

A number of other research firms have also weighed in on MXL. Wall Street Zen raised shares of MaxLinear from a “hold” rating to a “buy” rating in a research report on Sunday, July 26th. Morgan Stanley set a $125.00 price target on shares of MaxLinear in a report on Monday, September 14th. Needham & Company LLC upped their price objective on shares of MaxLinear from $60.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Stifel Nicolaus upped their price objective on shares of MaxLinear from $110.00 to $120.00 and gave the stock a “buy” rating in a research report on Friday, July 24th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of MaxLinear in a research note on Thursday, October 15th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $94.30.

MaxLinear Stock Performance

NASDAQ MXL opened at $75.14 on Thursday. MaxLinear has a 1 year low of $12.77 and a 1 year high of $128.30. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.22 and a quick ratio of 1.57. The firm has a market cap of $6.81 billion, a price-to-earnings ratio of -203.08 and a beta of 3.93. The company has a fifty day moving average price of $77.04 and a 200-day moving average price of $58.85.

MaxLinear (NASDAQ:MXL) last issued its quarterly earnings data on Thursday, October 22nd. The semiconductor company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.06. The business had revenue of $218.06 million for the quarter, compared to analysts’ expectations of $214.95 million. MaxLinear had a positive return on equity of 12.89% and a negative net margin of 4.45%. The business’s revenue was up 72.4% on a year-over-year basis. During the same period last year, the business earned $0.14 EPS.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AIGH Capital Management LLC purchased a new stake in shares of MaxLinear during the 2nd quarter worth approximately $104,729,000. Assenagon Asset Management S.A. increased its stake in shares of MaxLinear by 110.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 221,266 shares of the semiconductor company’s stock worth $28,329,000 after purchasing an additional 116,339 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of MaxLinear in the 2nd quarter worth approximately $33,963,000. UNICOM Systems Inc. bought a new stake in shares of MaxLinear in the 2nd quarter worth approximately $14,711,000. Finally, BlackRock Inc. bought a new stake in shares of MaxLinear in the 2nd quarter worth approximately $1,754,062,000. 90.79% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at MaxLinear

In other MaxLinear news, CEO Kishore Seendripu sold 351,454 shares of MaxLinear stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $85.95, for a total value of $30,207,471.30. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 7.70% of the company’s stock.

About MaxLinear

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.