MaxLinear, Inc. (MXL) provides integrated, radio-frequency (RF) and mixed-signal circuits for broadband communication and data center, metro, and long-haul transport network applications worldwide.
The company offers RF receivers and RF receiver systems-on-chips to receive and demodulate broadband signals and physical medium devices that provide a constant current source, current-to-voltage regulation, and data alignment and retiming functionality in optical interconnect applications.
Its products enable the distribution and display of broadband video and data content in various electronic devices, such as cable and terrestrial and satellite set top boxes, DOCSIS data and voice gateways, hybrid analog and digital televisions, satellite low-noise blocker transponders or outdoor units, and optical modules.
The company also offers laser modulator drivers, which delivers the current to the laser diode to operate for a particular application; Transimpedance amplifiers that provide current-to-voltage conversion, converting the low-level current of a sensor to a voltage; and clock and data recovery circuits, which generate a clock from an approximate frequency reference and then phase-aligns to the transitions in the data stream with a phase-locked loop.
It sells its products to original equipment manufacturers, module makers, and original design manufacturers through direct sales force, third party sales representatives, and a network of distributors. Shares are heading higher in an upward trading channel (shown in blue). The formation is supported by its 50-day moving average (shown in green). Higher share prices are expected for this stock.
52-Weeks Trading Range: $12.67 - $22.50
Entry Point: $19.75
Stop Loss: $18.70
Target Price: $20.85
MXL closed at $21.10.