MaxLinear, Inc with ticker code (MXL) have now 11 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 60 and 30 calculating the mean target price we have $47.36. Given that the stocks previous close was at $35.02 and the analysts are correct then we can expect a percentage increase in value of 35.2%. The 50 day MA is $36.61 and the 200 day moving average is $35.71. The total market capitalization for the company now stands at $2,706m. You can visit the company’s website by visiting: https://www.maxlinear.com
The potential market cap would be $3,660m 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 21.75, revenue per share of 14.36 and a 10.39% return on assets.
