MaxLinear, Inc with ticker code (MXL) now have 11 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 60 and 30 suggesting an average Analsyt target price of $47.36. Now with the previous closing price of $34.62 this now indicates there is a potential upside of 36.8%. The day 50 moving average is $36.47 and the 200 day moving average is $35.65. The market cap for the company is $2,797m. Visit the company website at: https://www.maxlinear.com
The potential market cap would be $3,826m based on the market consensus.
MaxLinear, Inc. engages in the provision of communications systems-on-chip solutions 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 radiofrequency, high-performance analog, mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management. The company’s products are used in various electronic devices, such as cable Data Over Cable Service Interface Specifications, 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, and original design manufacturers 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.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 23.36, revenue per share of 14.36 and a 10.39% return on assets.
