MaxLinear, Inc. Common Stock (MXL)
MaxLinear, Inc. (MXL) is a provider of integrated radio-frequency (RF), analog, and digital semiconductor products for broadband communications, data centers, and enterprise networks. Established in 2003, the company designs solutions that enable high-speed connectivity for consumer, enterprise, and industrial applications, focusing on areas such as broadband access, video connectivity, 5G wireless infrastructure, and essential network infrastructure.
Company News
MaxLinear, Inc. (MXL) reported a 50% year-over-year decline in net revenue for Q2 2024, leading to a 26% drop in its stock price. The company attributed the decline to excess customer inventory and weakened demand. A securities fraud investigation has been launched, and investors who lost money are encouraged to contact the law firm Bleichmar Fon...
MaxLinear (MXL) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
During the last three months, 4 analysts shared their evaluations of MaxLinear (NASDAQ:MXL), revealing diverse outlooks from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indiffer...
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