MaxLinear (MXL) Q4 Revenue Jumps 48% Driven by Infrastructure and Data Center Demand

MaxLinear Inc. (NASDAQ:MXL) is one of the best small cap tech stocks to invest in now. On January 29, MaxLinear reported a strong Q4 2025, with revenue reaching $136.4 million, which marked an 8% sequential increase and a 48% year-over-year rise. This was fueled by the infrastructure segment, which surged 76% annually due to high demand for optical interconnects and wireless infrastructure in data centers.

Looking ahead to 2026, MaxLinear Inc. (NASDAQ:MXL) expects its Keystone PAM4 DSP family to drive revenue between $100 million and $130 million as it ramps up at major hyperscale data centers. However, the company anticipates a softer H1 for its broadband business due to industry transitions to DOCSIS 4.0, which may lead to an overall annual decline in that specific segment. Despite supply chain tightness in the optical market and competitive pressures, leadership remains optimistic that infrastructure product mix improvements will push gross margins toward 60% by year-end.

Shortly after the company’s earnings report, on January 30, analyst Richard Shannon from Craig-Hallum reiterated a Buy rating on the stock with a price target of $27.

MaxLinear Inc. (NASDAQ:MXL) provides communications systems-on-chip solutions in the US, Asia, Europe, and internationally. It serves electronics distributors, module makers, OEMs, and original design manufacturers.

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