MaxLinear: Benchmark Reiterates Buy Rating, PT Raised to $25 from $23

MaxLinear: Benchmark Reiterates Buy Rating, PT Raised to $25 from $23

Benchmark Securities has reiterated its buy rating on MaxLinear, Inc. (NASDAQ: MXL), raising its price target to $25 from $23. The analyst firm cited the company's strong product portfolio and growing market demand for high-speed communication systems as the primary reasons for the positive outlook. MaxLinear's products are used in various electronic devices, including radio transceivers and modems for 4G/5G base-station and backhaul infrastructure, optical transceivers targeting hyperscale data centers, and Wi-Fi and wireline routers for home networking.

The company's stock has been performing well, with a decrease of only 15.3% year-to-date, trading at $16.76 as of September 2, 2025. MaxLinear's quarterly earnings for the latest period were $0.02 per share, meeting the consensus estimate. The company's revenue grew by 18.3% compared to the same quarter last year.

Benchmark's positive rating comes amidst a recent increase in news sentiment around MaxLinear, with a score of 1.06 over the last seven days, compared to the average of 0.94 for the Computer and Technology sector. This positive sentiment is likely due to the company's strong analyst coverage, with five research reports in the past 90 days.

MaxLinear's strong institutional ownership, with 90.79% of the stock held by institutions, further supports the company's fundamentals. The company's insider trading history shows that insiders have sold more shares than they have bought in the past three months, with $1,765,273 sold and $0.00 bought.

Overall, MaxLinear's strong product portfolio, growing market demand, and positive analyst sentiment make it an attractive investment opportunity. However, investors should closely monitor the company's earnings growth and dividend payouts, as well as the overall market conditions.

References:
[1] https://www.marketbeat.com/stocks/NASDAQ/MXL/