At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.48% per year. These returns cover a period from January 1, 1988 through March 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

On debt to income ratio calculator for mortgage, they expect the company's share price to reach $40.00 in the next twelve months. This suggests a possible upside of 65.3% from the stock's current price. View analysts price targets for MXL or view top-rated stocks among Wall Street analysts. 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for MaxLinear in the last twelve months.

Technology

In April 2016, MaxLinear bought Microsemi's wireless backhaul business, adding about 30 workers to its workforce. In May 2016, MaxLinear announced it would buy Broadcom's "wireless backhaul infrastructure for 80 million in cash." In the Broadcom deal, MaxLinear took on about 120 additional employees. On February 8, 2017, Maxlinear announced the acquisition of Marvell Technology Group's G.hn business, for $21.0 million in cash . On March 29, 2017, MaxLinear Inc. announced it would buy Exar Corporation for about $661.6 million cash. The acquisition of Exar Corp for $687 million was completed in May 2017. Sign Up NowGet this delivered to your inbox, and more info about our products and services.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Semiconductor - Analog and Mixed is currently in the top 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

MaxLinear AnyWAN™ Is Expanding to Fiber Home Gateway Units and Fixed Wireless Access Applications

Nvidia Corp., which said yesterhttps://1investing.in/ that quarterly sales slumped, exemplifies the cyclical nature of the semiconductor industry despite the company's inroads into fast-growing markets. Represents the company's profit divided by the outstanding shares of its common stock. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. The technique has proven to be very useful for finding positive surprises. Maintaining independence and editorial freedom is essential to our mission of empowering investor success.

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Financial Calendars

That year, MaxLinear had $51.4 million in revenue and $4.3 million in profit. Recent stocks from this report have soared up to +178.7% in 3 months - this month's picks could be even better. The Barchart Technical Opinion rating is a 100% Sell and ranks in the Top 1% of all short term signal directions.

90.26% of the stock of MaxLinear is held by institutions. High institutional ownership can be a signal of strong market trust in this company. MaxLinear is based in Carlsbad, California, with research and development centers in Irvine, California, Waltham, Massachusetts, China, Israel, India and Spain. A "fabless" company, it uses outside chipmaking facilities, known as foundries or fabs, to manufacture its chips. By 2010, it used "third-party contractors in Asia for manufacturing and assembly," with all its chips made by United Microelectronics Corporation at foundries in Taiwan and Singapore. As of early March 2010, the company had 177 employees, with most in R&D.

Intel added new stake in Coinbase stock, valued at more than $750,000

Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. Free Report) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.71 per share. The chips industry’s long-term prospects look promising due to the exponential rise in demand. While Taiwan Semiconductor has gained significant popularity among investors, United Microelectronic... Live educational sessions using site features to explore today's markets. As an investor, you want to buy stocks with the highest probability of success.

The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. This quarterly report represents an earnings surprise of 4.23%. A quarter ago, it was expected that this chipmaker would post earnings of $1.06 per share when it actually produced earnings of $1.07, delivering a surprise of 0.94%. Real-time analyst ratings, insider transactions, earnings data, and more. According to analysts' consensus price target of $40.00, MaxLinear has a forecasted upside of 66.0% from its current price of $24.09.

Over the last four quarters, the company has surpassed consensus EPS estimates four times. MaxLinear Inc. raised its outlook for third-quarter revenue and gross margin, citing strong demand, supply-chain improvements and tight expense management. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.

• Style is calculated by combining value and growth scores, which are first individually calculated.
• Regulatory risk is king in the mergers and acquisitions (M&A) world as of late, both in the US and abroad.
• There are currently 1 sell rating and 6 buy ratings for the stock.
• Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity.
• There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook.
• View the MXL premarket stock price ahead of the market session or assess the after hours quote.

Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. Another stock from the same industry, Magnachip , has yet to report results for the quarter ended March 2023. WATERLOO, Ontario----Cognitive Systems Corp. announced today that its highly-accurate WiFi Motion™ detection software will be integrated into MaxLinear's cutting-edge broadband and acce...

Dr. Kishore Seendripu has an approval rating of 90% among the company's employees. The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. MaxLinear's stock was trading at $33.95 at the beginning of the year. Since then, MXL stock has decreased by 28.7% and is now trading at $24.20. Sign-up to receive the latest news and ratings for MaxLinear and its competitors with MarketBeat's FREE daily newsletter.

The company issued revenue guidance of $175.00 million-$205.00 million, compared to the consensus revenue estimate of $231.49 million. MaxLinear was founded in 2003 in Carlsbad, California by "eight semiconductor industry veterans." Kishore Seendripu was co-founder, and would become chairman, president, and chief executive. Among other companies, in the past Seendripu had worked on the technical staff at Broadcom. Prior to 2009, the majority of the company's revenue was from the sale of its "mobile handset digital television receivers" which contained MaxLinear's digital television RF receiver chips, in Japan. The biggest customers for the product were Panasonic, Murata, and MTC Co. However, in 2009, the company sold more chips for use in digital set top boxes in Europe, automotive navigation displays, and digital TVs.

In 2020 the company acquired NanoSemi for its machine learning techniques to improve signal integrity and power efficiency in communication and artificial intelligence systems. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Highlights important summary options statistics to provide a forward looking indication of investors' sentiment. Barchart is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve our web experience, and encourage users to Contact Us for feedback and accommodation requests.

That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Bloomberg Technology The only daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

Analyst Ratings MaxLinear Inc.

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Initially the company expected to raise around $43 million with the IPO, with that projection later raised to $90 million after a last-minute increase in share price by the company. MaxLinear, which belongs to the Zacks Semiconductor - Analog and Mixed industry, posted revenues of $248.44 million for the quarter ended March 2023, missing the Zacks Consensus Estimate by 0.64%. The company has topped consensus revenue estimates two times over the last four quarters. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

In 2009, the company shipped 75 million chips to companies such as Panasonic and Sony, with 99 percent of its sales in Asia. Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios. Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends.

The current consensus EPS estimate is $0.62 on $231.34 million in revenues for the coming quarter and $2.78 on $964.42 million in revenues for the current fiscal year. The company designs its analog and mixed-signal circuits in standard CMOS process technology for low-cost manufacturing. The company held an initial public offering on March 24, 2010 on the New York Stock Exchange .

The Biden administration's aggressive antitrust stance and China's heavy scrutiny of semicond... Last year, investors may have noticed a massive flight of capital took place. Capital moved away from tech, as widespread concerns about rising interest rates caused fear. As of 2022, MaxLinear is on the Multimedia over Coax Alliance board of directors as well as Arris, Broadcom, Comcast, Cox Communications, DirecTV, Echostar, Intel, and Verizon. Measures how much net income or profit is generated as a percentage of revenue.