MaxLinear (MXL) Projected to Post Earnings on Wednesday

MaxLinear (NASDAQ:MXL) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, April 23rd. Analysts expect the company to announce earnings of ($0.05) per share and revenue of $95.32 million for the quarter. MaxLinear has set its Q1 2025 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

MaxLinear (NASDAQ:MXL) last released its earnings results on Wednesday, January 29th. The semiconductor company reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.13) by ($0.14). MaxLinear had a negative net margin of 68.01% and a negative return on equity of 21.94%. On average, analysts expect MaxLinear to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

MaxLinear Stock Performance

Shares of MaxLinear stock opened at $10.22 on Monday. The company has a market cap of $864.96 million, a P/E ratio of -3.49 and a beta of 1.82. The company has a current ratio of 1.77, a quick ratio of 1.28 and a debt-to-equity ratio of 0.24. The business has a 50-day moving average price of $12.71 and a two-hundred day moving average price of $15.88. MaxLinear has a 1-year low of $8.35 and a 1-year high of $26.59.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MXL. Needham & Company LLC reissued a “hold” rating on shares of MaxLinear in a research note on Thursday, January 30th. Susquehanna reduced their price objective on MaxLinear from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company boosted their target price on shares of MaxLinear from $19.00 to $20.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. Northland Securities lifted their target price on MaxLinear from $25.00 to $27.50 and gave the company an “outperform” rating in a research report on Monday, January 6th. Finally, Stifel Nicolaus reduced their price objective on shares of MaxLinear from $26.00 to $16.00 and set a “buy” rating for the company in a research report on Thursday. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, MaxLinear currently has a consensus rating of “Hold” and an average target price of $22.36.

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.