In the last trading session, 1.12 million shares of the MaxLinear Inc (NASDAQ:MXL) were traded, and its beta was 1.66. Most recently the company’s share price was $10.57, and it changed around -$0.06 or -0.56% from the last close, which brings the market valuation of the company to $912.97M. MXL currently trades at a discount to its 52-week high of $26.59, offering almost -151.56% off that amount. The share price’s 52-week low was $8.35, which indicates that the current value has risen by an impressive 21.0% since then.
MaxLinear Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.25. If we narrow it down even further, the data shows that 0 out of 11 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 7 recommended MXL as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. MaxLinear Inc is expected to report earnings per share of 0.02 for the current quarter.
MaxLinear Inc (NASDAQ:MXL) trade information
Instantly MXL has showed a red trend with a performance of -0.56% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 10.74 on recent trading dayincreased the stock’s daily price by 1.58%. The company’s shares are currently down -46.56% year-to-date, but still up 5.17% over the last five days. On the other hand, MaxLinear Inc (NASDAQ:MXL) is 13.53% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $18, which translates to bulls needing to increase their stock price by 41.28% from its current value. Analyst projections state that MXL is forecast to be at a low of $11 and a high of $25.
MaxLinear Inc (MXL) estimates and forecasts
The year-over-year growth rate is expected to be 22.89%, up from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of 104.94M in revenue for the current quarter. 11 analysts expect MaxLinear Inc to make 116.07M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 91.99M and 81.1M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 14.07%. Forecasts for the next quarter put sales growth at 43.12%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -59.94%.
MXL Dividends
MaxLinear Inc’s next quarterly earnings report is expected to be released in June.
VANGUARD GROUP INC, with 14.4748% or 12.08 million shares worth $243.35 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Trust-iShares Core S&P Small-Cap ETF and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Mar 31, 2025 . The former held 4.76 shares worth $50.33 million, making up 8.15% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held roughly 2.34 shares worth around $24.7 million, which represents about 4.00% of the total shares outstanding.
