Analysts Maintain Buy Ratings on MaxLinear (MXL)

MaxLinear, Inc. (NASDAQ:MXL) is one of the 14 Small Publicly Traded Semiconductor Companies to Invest in Now. On August 26, Stifel reaffirmed its Buy rating on MaxLinear, Inc. (NASDAQ:MXL) with a $21 price target.

The company reported strong results for the second quarter of 2025. MaxLinear, Inc. (NASDAQ:MXL) reported that net revenue for Q2 reached $108.8 million, up 13% quarter-over-quarter and 18% year-over-year.

MaxLinear, Inc. (NASDAQ:MXL) performed well and exceeded the mid-point of its revenue guidance. The company also returned to profitability on a non-GAAP basis and generated positive free cash flow in the second quarter. The company’s management highlighted strong customer and product traction in areas like high-speed interconnects for the data center, multi-gigabit PON access, Wi-Fi connectivity, ethernet, and wireless infrastructure.

The company’s success in these markets, along with better customer order rates, and a strong product backlog, positions MaxLinear, Inc. (NASDAQ:MXL) well for growth in 2025 and 2026.

On September 2, Benchmark also reiterated a Buy rating on MaxLinear, Inc. (NASDAQ:MXL) with a price target of $25.

Overall, analysts are bullish on MaxLinear, Inc. (NASDAQ:MXL). As of September 19, the 12-month median price target of $19 set by analysts indicates a potential upside of 17.36% from the current stock price.

MaxLinear, Inc. (NASDAQ:MXL) is a leading provider of radio frequency (RF), analog, digital and mixed-signal semiconductor products.

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Disclosure: None. This article is originally published at Insider Monkey.