 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
MaxLinear, Inc. (MXL) 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 radiofrequency (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. MaxLinear, Inc. has a collaboration with Facebook Connectivity to integrate silicon technologies and radio processing algorithms into Evenstar radio units.
MaxLinear, Inc. reported 4th Quarter December 2020 earnings of $0.32 per share on revenue of $194.7 million. The consensus earnings estimate was $0.36 per share on revenue of $190.5 million. Revenue grew 178.1% on a year-over-year basis.
The company said it expects first quarter revenue of $200.0 million to $210.0 million. The current consensus revenue estimate is $193.98 million for the quarter ending March 31, 2021.
After the stock's recent announcement of a collaboration with Facebook to bring fast and reliable internet, this stock has pushed to a new buy point and prices should be heading higher.
Entry point: $40.00
52-week trade range: $7.79 - $42.52
Stop/Loss: $38.00
Target Price: $44.00
MXL closed at $42.30
