MXL Stock - MaxLinear, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $360.53M | $693.26M | $1.12B | $892.40M | $478.60M |
| Gross Profit | $192.42M | $382.78M | $637.81M | $472.20M | $189.26M |
| Gross Margin | 53.4% | 55.2% | 56.9% | 52.9% | 39.5% |
| Operating Income | $-168,736,000 | $-15,997,000 | $185.32M | $67.45M | $-82,977,000 |
| Net Income | $-245,198,000 | $-73,147,000 | $125.04M | $41.97M | $-98,593,000 |
| Net Margin | -68.0% | -10.6% | 11.2% | 4.7% | -20.6% |
| EPS | $-2.93 | $-0.91 | $1.60 | $0.55 | $-1.35 |
MaxLinear, Inc. provides radiofrequency (RF), high-performance analog, and mixed-signal communications systems-on-chip solutions (SoCs) for the connected home, wired and wireless infrastructure, and industrial and multi-market applications worldwide. Its products integrate various portions of a high-speed communication system, including RF, high-performance analog, mixed-signal, digital signal processing, security engines, data compression, networking layers, and power management. The company offers broadband radio transceiver front ends, data converters, embedded systems and software architecture, and architecture and system design for highly integrated end-to-end communication platform solutions. Its products are used in various electronic devices, such as cable data over cable service interface specifications (DOCSIS), fiber and DSL broadband modems and gateways; Wi-Fi and wireline routers for home networking; radio transceivers and modems for 4G/5G base-station and backhaul infrastructure; and fiber-optic modules for data center, metro, and long-haul transport networks, as well as power management and interface products. It serves electronics distributors, module makers, original equipment manufacturers (OEMs), and original design manufacturers (ODMs) through a direct sales force, third-party sales representatives, and a network of distributors. The company was incorporated in 2003 and is headquartered in Carlsbad, California.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| November 22nd 2024 | Wells Fargo | Initiation | Equal Weight | $14 |
| October 1st 2024 | Susquehanna | Downgrade | Neutral | $15 |
| July 25th 2024 | Needham | Downgrade | Hold | - |
| July 17th 2024 | Craig Hallum | Upgrade | Buy | $38← $20 |
| April 4th 2024 | Northland Capital | Upgrade | Outperform | $30 |
| February 1st 2024 | Needham | Reiterated | Buy | $25← $28 |
| January 3rd 2024 | Wells Fargo | Downgrade | Equal Weight | $25← $35 |
| October 26th 2023 | ROTH MKM | Downgrade | Neutral | $18← $35 |
| October 19th 2023 | Deutsche Bank | Downgrade | Hold | $23 |
| August 1st 2023 | Loop Capital | Downgrade | Hold | $25← $40 |
| July 27th 2023 | Craig Hallum | Downgrade | Hold | $25 |
| May 19th 2023 | Exane BNP Paribas | Upgrade | Neutral | $30 |
| February 28th 2023 | Exane BNP Paribas | Initiation | Underperform | $30 |
| May 9th 2022 | Susquehanna | Upgrade | Positive | $60 |
| April 28th 2022 | Wells Fargo | Upgrade | Overweight | $66 |
Earnings History & Surprises
MXLEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | Apr 21, 2026 | — | — | — | — |
Q1 2026 | Feb 4, 2026 | $0.18 | — | — | — |
Q4 2025 | Oct 23, 2025 | $0.12 | $0.14 | +16.7% | ✓ BEAT |
Q3 2025 | Jul 23, 2025 | $0.02 | $0.02 | 0.0% | = MET |
Q2 2025 | Apr 23, 2025 | $-0.05 | $-0.05 | 0.0% | = MET |
Q1 2025 | Jan 29, 2025 | $-0.13 | $-0.09 | +30.8% | ✓ BEAT |
Q4 2024 | Oct 23, 2024 | $-0.32 | $-0.36 | -12.5% | ✗ MISS |
Q3 2024 | Jul 24, 2024 | $-0.20 | $-0.25 | -25.0% | ✗ MISS |
Q2 2024 | Apr 24, 2024 | $-0.20 | $-0.21 | -5.0% | ✗ MISS |
Q1 2024 | Jan 31, 2024 | $0.01 | $0.01 | +28.5% | ✓ BEAT |
Q4 2023 | Oct 25, 2023 | $0.04 | $0.02 | -45.9% | ✗ MISS |
Q3 2023 | Jul 26, 2023 | $0.33 | $0.34 | +3.0% | ✓ BEAT |
Q2 2023 | Apr 26, 2023 | $0.71 | $0.74 | +4.2% | ✓ BEAT |
Q1 2023 | Feb 1, 2023 | $1.06 | $1.07 | +0.9% | ✓ BEAT |
Q4 2022 | Oct 25, 2022 | $1.04 | $1.05 | +1.0% | ✓ BEAT |
Q3 2022 | Jul 27, 2022 | $1.02 | $1.11 | +8.8% | ✓ BEAT |
Q2 2022 | Apr 27, 2022 | $0.91 | $1.00 | +9.9% | ✓ BEAT |
Q1 2022 | Feb 2, 2022 | $0.84 | $0.86 | +2.4% | ✓ BEAT |
Q4 2021 | Oct 27, 2021 | $0.68 | $0.75 | +10.3% | ✓ BEAT |
Q3 2021 | Jul 28, 2021 | $0.50 | $0.53 | +6.0% | ✓ BEAT |
Latest News
MaxLinear shares are trading higher after the company announced a $75 million share repurchase plan.
📈 PositiveMaxLinear Announces $75M Share Repurchase Plan
📈 PositiveMaxLinear tumbles despite Q3 outperformance as arbitration looms: analysts
📉 NegativeBenchmark Reiterates Buy on MaxLinear, Maintains $25 Price Target
📈 PositiveMaxLinear Non-GAAP EPS of $0.14 beats by $0.02, revenue of $126.5M beats by $1.84M
📈 PositiveMaxLinear Sees Q4 Sales $130.000M-$140.000M vs $130.017M Est
📈 PositiveMaxLinear Q3 Adj. EPS $0.14 Beats $0.12 Estimate, Sales $126.459M Beat $125.013M Estimate
📈 PositiveBenchmark Reiterates Buy on MaxLinear, Maintains $25 Price Target
📈 PositiveMaxLinear Announces That Pegatron 5G Has Selected Sierra, The Co's Single-Chip Radio SoC, For Their Next Generation PR2850 5G Macro Open Ran Radio Unit
📈 PositiveBenchmark Reiterates Buy on MaxLinear, Maintains $25 Price Target
📈 PositiveMaxLinear Non-GAAP EPS of $0.02 in-line, revenue of $108.8M beats by $3.86M
📈 PositiveMaxLinear Q1 results, guidance show improving orders, but tariffs still a concern: Needham
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