MXL

Company Overview — What Does MAXLINEAR, INC Do?

MaxLinear, Inc. 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. MAXLINEAR, INC (MXL) is classified as a small-cap stock in the Technology sector, specifically within the Electronic Equipment industry. The company is led by CEO Kishore V. Seendripu and employs approximately 1,840 people, headquartered in Carlsbad, California. With a market capitalization of $1.5B, MXL is one of the notable companies in the Technology sector.

MAXLINEAR, INC (MXL) Stock Rating — Hold (April 2026)

As of April 2026, MAXLINEAR, INC receives a Hold rating with a composite score of 38.6/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MXL ranks #1,339 out of 4,446 stocks in our coverage universe. Within the Technology sector, MAXLINEAR, INC ranks #148 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

MXL Stock Price and 52-Week Range

MAXLINEAR, INC (MXL) currently trades at $20.76. The stock gained $0.92 (4.6%) in the most recent trading session. The 52-week high for MXL is $20.82, which means the stock is currently trading -0.3% from its annual peak. The 52-week low is $8.35, putting the stock 148.6% above its annual trough. Recent trading volume was 1.2M shares, reflecting moderate market activity.

Is MXL Overvalued or Undervalued? — Valuation Analysis

MAXLINEAR, INC (MXL) carries a value factor score of 25/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 3.65x, versus the sector average of 3.16x. The price-to-sales ratio is 4.00x, compared to 1.06x for the average Technology stock.

At current multiples, MAXLINEAR, INC trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

MAXLINEAR, INC Profitability — ROE, Margins, and Quality Score

MAXLINEAR, INC (MXL) earns a quality factor score of 38/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -43.7%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -24.8% versus the sector average of -1.0%.

On a margin basis, MAXLINEAR, INC reports gross margins of 56.0%, compared to 50.9% for the sector. The operating margin is -46.4% (sector: -0.5%). Net profit margin stands at -51.4%, versus -1.5% for the average Technology stock. Revenue growth is running at 37.5% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

MXL Debt, Balance Sheet, and Financial Health

MAXLINEAR, INC has a debt-to-equity ratio of 76.0%, compared to the Technology sector average of 43.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. The current ratio is 1.34x, suggesting adequate working capital coverage. Total debt on the balance sheet is $124M. Cash and equivalents stand at $73M.

MXL has a beta of 2.22, meaning it is more volatile than the broader market — a $10,000 investment in MXL would be expected to move 122.3% more than the S&P 500 on any given day. The stability factor score for MAXLINEAR, INC is 36/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

MAXLINEAR, INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, MAXLINEAR, INC reported revenue of $412M and earnings per share (EPS) of $-1.58. Net income for the quarter was $-198M. Gross margin was 56.0%. Operating income came in at $-179M.

In FY 2025, MAXLINEAR, INC reported revenue of $468M and earnings per share (EPS) of $-1.58. Net income for the quarter was $-137M. Gross margin was 56.8%. Revenue grew 29.7% year-over-year compared to FY 2024. Operating income came in at $-127M.

In Q3 2025, MAXLINEAR, INC reported revenue of $126M and earnings per share (EPS) of $-0.52. Net income for the quarter was $-45M. Gross margin was 56.9%. Revenue grew 55.9% year-over-year compared to Q3 2024. Operating income came in at $-41M.

In Q2 2025, MAXLINEAR, INC reported revenue of $109M and earnings per share (EPS) of $-0.31. Net income for the quarter was $-27M. Gross margin was 56.5%. Revenue grew 18.3% year-over-year compared to Q2 2024. Operating income came in at $-25M.

Over the past 8 quarters, MAXLINEAR, INC has demonstrated a growth trajectory, with revenue expanding from $92M to $412M. Investors analyzing MXL stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

MXL Dividend Yield and Income Analysis

MAXLINEAR, INC (MXL) does not currently pay a dividend. This is common among smaller companies in the Electronic Equipment industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

MXL Momentum and Technical Analysis Profile

MAXLINEAR, INC (MXL) has a momentum factor score of 56/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 23/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 38/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

MXL vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, MAXLINEAR, INC (MXL) ranks #148 out of 584 stocks based on the Blank Capital composite score. This places MXL in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing MXL against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MXL vs S&P 500 (SPY) comparison to assess how MAXLINEAR, INC stacks up against the broader market across all factor dimensions.

MXL Next Earnings Date

No upcoming earnings date has been announced for MAXLINEAR, INC (MXL) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy MXL? — Investment Thesis Summary

MAXLINEAR, INC presents a balanced picture with arguments on both sides. The quality score of 38/100 flags below-average profitability. The value score of 25/100 indicates premium valuation. High volatility (stability score 36/100) increases portfolio risk.

In summary, MAXLINEAR, INC (MXL) earns a Hold rating with a composite score of 38.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MXL stock.

Related Resources for MXL Investors

Explore more research and tools: MXL vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MXL head-to-head with peers: MXL vs IHS, MXL vs VRSN, MXL vs ESE.