MaxLinear, Inc with ticker code (MXL) now have 10 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 90 and 65 with the average target price sitting at 77.6. With the stocks previous close at 60.35 this would indicate that there is a potential upside of 28.6%. The day 50 moving average is 59.63 and the 200 moving average now moves to 56.34. The company has a market capitalisation of $4,841m. Visit the company website at: https://www.maxlinear.com
The potential market cap would be $6,225m based on the market concensus.
MaxLinear provides radiofrequency (RF), high-performance analog, and mixed-signal communications systems-on-chip solutions (SoCs) 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 RF, high-performance analog, mixed-signal, digital signal processing, security engines, data compression, networking layers, and power management. The company offers broadband radio transceiver front ends, data converters, embedded systems and software architecture, and architecture and system design for highly integrated end-to-end communication platform solutions. Its products are used in various electronic devices, such as cable data over cable service interface specifications (DOCSIS), 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 (OEMs), and original design manufacturers (ODMs) 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.
