MaxLinear, Inc with ticker code (MXL) now have 11 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 60 and 30 with the average target price sitting at $46.91. Given that the stocks previous close was at $29.36 and the analysts are correct then there would likely be a percentage uptick in value of 59.8%. Also worth taking note is the 50 day moving average now sits at $33.63 and the 200 day MA is $35.45. The market cap for the company is $1,935m. Company Website: https://www.maxlinear.com
The potential market cap would be $3,092m 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.
