MaxLinear, Inc with ticker code (MXL) now have 11 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 30 calculating the mean target price we have $47.36. Given that the stocks previous close was at $31.32 this now indicates there is a potential upside of 51.2%. It’s also worth noting that there is a 50 day moving average of $35.44 while the 200 day moving average is $35.60. The company has a market cap of $2,557m. Find out more information at: https://www.maxlinear.com
The potential market cap would be $3,866m 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 22.67, revenue per share of 14.36 and a 10.39% return on assets.
