MaxLinear, Inc with ticker code (MXL) have now 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 60 and 35 with a mean TP of 49.4. Now with the previous closing price of 43.24 this is indicating there is a potential upside of 14.2%. There is a 50 day moving average of 36.19 and the 200 moving average now moves to 36.95. The market cap for the company is $3,235m. Visit the company website at: https://www.maxlinear.com
The potential market cap would be $3,695m based on the market concensus.
MaxLinear 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.
