
MaxLinear (MXL) Stock Forecast & Price Target
MaxLinear (MXL) Analyst Ratings
Bulls say
MaxLinear Inc. is projected to experience a promising trajectory, bolstered by an expected gross margin increase of 30 basis points quarter-over-quarter to 59.5%, attributed to a favorable product mix and enhanced sales leverage. The company anticipates sales of $125 million for the third quarter, outpacing analyst expectations by 8% and indicating a notable 15% increase from the previous quarter, with revenue growth anticipated to persist into the fourth quarter. Additionally, significant advancements in the Keystone PAM4 DSP product line are expected to contribute approximately $35 million in revenue in 2024, with projections rising to $60–70 million in 2025, signaling robust potential for future growth as demand ramps up for next-generation platforms.
Bears say
MaxLinear Inc. is experiencing a downturn in its Connectivity segment, which declined quarter-over-quarter, suggesting challenges in revenue generation despite growth in its Industrial segment. Additionally, the company's PAM4 solution adoption is facing uncertainty, with potential slower adoption rates posing a risk to future revenue and earnings estimates. Furthermore, MaxLinear’s valuation remains notably low, trading at a 55% P/E discount compared to peers, alongside a significant year-to-date decline in stock performance relative to the sector’s gains, indicating broader investor concerns.
This aggregate rating is based on analysts' research of MaxLinear and is not a guaranteed prediction by Public.com or investment advice.
MaxLinear (MXL) Analyst Forecast & Price Prediction
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