MaxLinear Inc is a provider of radio frequency and mixed-signal integrated circuits for cable and satellite broadband communications, the connected home, and for data center, metro, and long-haul fiber networks... Show more
MaxLinear, Inc. is a Carlsbad, California-based fabless semiconductor company that designs radio frequency, analog, digital, and mixed-signal integrated circuits and communications systems-on-chip. The company serves broadband and connectivity, industrial, and infrastructure markets. Its infrastructure segment — spanning optical data-center interconnect, wireless infrastructure, and storage accelerators — has become its largest revenue category, led by the Keystone PAM4 DSP platform ramping across 400G and 800G optical transceivers at hyperscale customers. Investors follow MXL closely because of its leverage to the AI data-center build-out, alongside its more cyclical broadband and connectivity exposure.
Over the last 30 days, MXL advanced approximately 53%, rising from $60.10 at the September 2 close to $92.12 at the October 1 close. The move was broad and sustained, with the strongest acceleration occurring after mid-September.
The longer-term picture is more volatile. Entering the third quarter near $112 on July 1, the stock fell to a closing low of $56.23 on July 29 and ended the quarter at $90.31 on September 30 — a decline of roughly 20% over the full quarter even as the recent 30-day rebound recovered much of that ground. The shares had earlier reached a 52-week intraday high of $128.03 on June 30, underscoring how quickly sentiment has swung between enthusiasm for AI infrastructure growth and concerns over valuation and cyclical demand.
The 30-day advance was driven by a combination of improved credit sentiment, sustained AI data-center demand, and analyst support. On September 11, S&P Global Ratings revised MaxLinear's outlook to positive from negative while affirming its 'B' rating, pointing to a shift toward the higher-margin infrastructure segment and strong demand for optical networking products used in AI data centers. The ratings agency noted infrastructure revenue grew 141% year over year in the first half of 2026 and highlighted next-generation 1.6T products as a further growth driver.
Analyst commentary reinforced the move. StoneX reiterated a Buy rating with a $125 price target in mid-September, and the broader sell-side consensus on MXL stood at a Moderate Buy with an average price target near $104. The company also launched its Puma 9 DOCSIS platform in late September, supporting the broadband segment's longer-term upgrade cycle, while management commentary at a September industry conference emphasized share-gain opportunities in optical DSPs as the industry transitions to 1.6T speeds.
The third quarter was defined by a sharp round trip. After surging to a 52-week high in late June on AI infrastructure momentum, MXL corrected through July as investors took profits and weighed a stretched valuation, continued broadband softness, and the overhang of the Silicon Motion arbitration. Second-quarter results, reported in July, were strong — revenue grew 55% year over year and infrastructure rose 145%, prompting management to raise its 2026 optical data-center revenue outlook to $210–230 million — but the stock still consolidated for much of the summer before the September rebound took hold.
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Looking ahead, the key catalysts include MaxLinear's next quarterly earnings and guidance, particularly any update to the 2026 optical data-center revenue outlook and the timing of the Rushmore 200G-per-lane PAM4 DSP ramp toward 1.6T production in late 2026. The pace of broadband recovery and adoption of the Puma 9 platform will also shape the non-infrastructure portion of the business. Risks to monitor include competition from larger rivals such as Marvell (MRVL) and Broadcom (AVGO), the outcome of the Silicon Motion arbitration, an elevated valuation relative to peers, and reported insider selling. Broader AI capital-expenditure trends and hyperscaler ordering patterns remain central to the narrative.
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The 10-day RSI Oscillator for MXL moved out of overbought territory on October 08, 2026. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 instances where the indicator moved out of the overbought zone. In 23 of the 26 cases the stock moved lower in the days that followed. This puts the odds of a move down at 88%.
The Momentum Indicator moved below the 0 level on October 12, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on MXL as a result. In 74 of 90 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 82%.
The Moving Average Convergence Divergence Histogram (MACD) for MXL turned negative on October 12, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In 41 of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at 87%.
MXL moved below its 50-day moving average on October 16, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where MXL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 81%.
MXL broke above its upper Bollinger Band on October 02, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The 10-day moving average for MXL crossed bullishly above the 50-day moving average on September 21, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 10 of 13 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 77%.
Following a +17.30% 3-day Advance, the price is estimated to grow further. Considering data from situations where MXL advanced for three days, in 253 of 319 cases, the price rose further within the following month. The odds of a continued upward trend are 79%.
The Aroon Indicator entered an Uptrend today. In 161 of 200 cases where MXL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 81%.
The Tickeron Valuation Rating of 19 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: MXL's P/B Ratio (13.341) is slightly higher than the industry average of (6.294). P/E Ratio (-60.441) is within average values for comparable stocks, (22.044). Projected Growth (PEG Ratio) (0.394) is also within normal values, averaging (3.761). Dividend Yield (0.000) settles around the average of (0.011) among similar stocks. P/S Ratio (10.764) is also within normal values, averaging (45.794).
The Tickeron PE Growth Rating for this company is 20 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 34 (best 1 - 100 worst), indicating steady price growth. MXL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 78 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. MXL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock worse than average.
The Tickeron SMR rating for this company is 96 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of semiconductors and radio frequency integrated circuits
Industry Semiconductors