MXL · NASDAQ · Semiconductors

MaxLinear

Designs communication chips for broadband, data-center, wireless infrastructure and industrial systems.

$61.61
After-hours close−0.08 (−0.13%)
At close$61.69(−2.73%)
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Profile

MaxLinear, Inc.MXLInformation Technology

Sells integrated RF, analog and digital chips for broadband gateways, home connectivity, data-center optics, wireless infrastructure and industrial systems. Revenue comes from chips sold to distributors, module makers and equipment manufacturers, while outsourced fabrication and a concentrated customer base shape the business.

Designs RF, analog, mixed-signal and digital communication chips for broadband access, connectivity, mobile and wireline infrastructure, data centers, and industrial markets. The portfolio spans DOCSIS, fiber and DSL gateway silicon; Wi-Fi, Ethernet and MoCA connectivity; optical DSPs for data-center interconnects; 5G radio and wireless-backhaul components; and interface, power-management and storage-acceleration products. Customers include distributors, module makers and equipment manufacturers worldwide, with most shipments routed to Asia.

Combines signal-processing algorithms, embedded software and analog front ends into integrated systems-on-chip, helping reduce component count, power use and customer design work. Operates without fabrication plants, relying mainly on TSMC and UMC for wafers and outside contractors for assembly and testing; a small group of customers accounts for most revenue.

Company facts

CEOKishore Seendripu
ListedMar 24, 2010
ExchangeNASDAQ
HeadquartersCarlsbad, CA
CountryUnited States
Employees1,115
CIK0001288469
ISINUS57776J1007

Key statistics

Market cap$5.60B
EPS (ttm)−$1.19
P/E (ttm)−51.87
ROE-22.4%
P/B11.31
P/S9.84
Dividend yield
Beta3.45vs XLK 3.43

Year to date +233% · Average volume (30d) 3.2M

Analysts

Price target, next 12 months$90.00+45.8%Median of 17 analysts · vs the Aug 28 close
ConsensusBuy11 of 17 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Jul 24, 2026SusquehannaReiterateNeutral$30$80
Jul 24, 2026Stifel NicolausTarget$110$120
Jul 24, 2026NeedhamReiterateBuy$60$100
Jul 23, 2026Roth CapitalReiterateBuy$60$100
Jul 20, 2026Wells FargoReiterateMixed$13$75

Earnings

EPS

Estimate$0.56
ReportedDue Oct 22, 2026

Revenue

Estimate$215.0M
ReportedDue Oct 22, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 23, 2026Q2 FY26$0.33$0.35+6.3%$164.6M$168.8M+2.6%−21.54%
Apr 23, 2026Q1 FY26$0.18$0.22+22.2%$134.6M$137.2M+2.0%+76.12%
Jan 29, 2026Q4 FY25$0.18$0.19+5.6%$134.8M$136.4M+1.2%−9.96%
Oct 23, 2025Q3 FY25$0.12$0.14+16.7%$134.6M$126.5M−6.0%−10.84%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$95.9M$108.8M$126.5M$136.4M$137.2M$168.8M
Gross profit$53.2M$60.9M$71.6M$78.6M$78.9M$97.7M
Operating income−$38.2M−$19.0M−$30.0M−$14.9M−$16.7M−$4.2M
Net income−$49.7M−$26.6M−$45.5M−$14.9M−$45.1M$1.8M
Diluted EPS−$0.58−$0.31−$0.52−$0.17−$0.52$0.02
Gross margin55.5%56.0%56.6%57.6%57.5%57.8%
Operating margin-39.8%-17.5%-23.7%-10.9%-12.2%-2.5%

Fiscal years (4-quarter sums)FY21 $892.4M · FY22 $1.12B · FY23 $693.3M · FY24 $360.5M · FY25 $467.6M

Revenue by product · Q2 FY26

Infrastructure$85.0M · 50%
Broadband$44.9M · 27%
Connectivity$24.0M · 14%
Industrial And Multi-Market$15.0M · 9%

Balance sheet, Jun 30, 2026Cash & short-term investments $64.8M · Total debt $139.4M · Total assets $822.6M · Shareholders' equity $484.8M

Dividends

No dividends on record.

Ownership

Institutions 97.03%88.00M sharesInsiders 1.91%1.73M sharesOther 1.06%960.6K shares

Shares outstanding 90.69M · Float 84.56M · 93.2% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.13.70M15.11%13FAug 7, 2026
Vanguard Portfolio Management LLC6.92M7.63%13FAug 13, 2026
Vanguard Capital Management4.48M5.00%13GJul 31, 2026
State Street Corp4.33M4.77%13FAug 7, 2026
Price T Rowe Associates Inc /MD/2.23M2.46%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 17, 2026Kishore Seendripudirector, 10 percent owner, officer: Chairman, President and CEO−351,454$85.95
Aug 14, 2026Kishore Seendripudirector, 10 percent owner, officer: Chairman, President and CEO−240,000$84.28
May 26, 2026Thomas E. Pardundirector−11,000$105.00
May 8, 2026Connie H. Kwongofficer: Corporate Controller & PAO−35,000$96.96
May 4, 2026Daniel A. Artusidirector−10,500$78.64
View details

Peers

  • Broadcom

    Dominant in PAM4 optical DSPs, DOCSIS cable SoCs, and Wi-Fi silicon.

  • Marvell Technology

    Second-largest PAM4 DSP maker with Ara 3nm 1.6T and 5G RAN silicon.

  • Credo Technology Group

    Fast-growing rival in PAM4 optical DSPs, AECs, and PCIe retimers.

  • Qualcomm

    Competes in Wi-Fi 7 connectivity silicon and 5G RAN baseband chipsets.

  • Texas Instruments

    Broad rival in power management and interface ICs overlapping Exar lines.

  • Analog Devices

    Mixed-signal and power management IC rival in industrial and comms segments.

CompareAfter-hours close

CompanyPriceChange
MaxLinear$61.61−0.13%$5.60B25.59.8+55.2%
Broadcom$369.12+0.12%$1.75T61.523.523.2+47.9%
Marvell Technology$216.40−0.10%$189.71B71.842.320.1+36.6%
Credo Technology Group$233.00+0.07%$43.40B93.937.632.5+157.0%
Qualcomm$164.28+0.07%$172.40B18.717.73.9−4.0%
Texas Instruments$258.44−0.09%$236.20B39.327.212.1+22.8%
Analog Devices$362.00+0.02%$176.22B42.922.612.7+39.6%
Median52.225.416.4+38.1%