
94.55 USD (−11.9%)
11 analysts
What does it do?
MaxLinear, Inc. is a semiconductor company that designs and markets high-performance radio frequency (RF) integrated circuits and connectivity solutions for the broadband, data infrastructure, and wireless networking markets.
Key points
from its scores- ✓Strong growth10.0
- ✓Good share-price trend9.8
- ✕Unfavourable risk and backdrop0.3
- ✕Little or no dividend1.5
- ✕Little competitive advantage2.8
AI analysis
bottom line, main risk, context and newsStrong growth and positive momentum are offset by a lack of current profitability and a demanding valuation that leaves little room for error.
MaxLinear shows exceptional revenue growth of 55.20% and very strong momentum (420.38% over 12 months), with a healthy financial position thanks to its net cash (Net Debt/EBITDA of -3.72). However, its return on equity is negative (ROE of -21.32%) and its valuation is demanding (forward P/E of 41.09), although the PEG of 0.39 suggests the market is pricing in future growth that justifies the multiple.
The main risk is that the 55.20% revenue growth does not translate into sustainable profits, given the negative operating margin (-2.44%) and ROE of -21.32%, which could lead to a valuation correction if the market loses confidence in the growth trajectory.
Context and risks
MaxLinear is a US-based semiconductor company with net cash, so the rise in interest rates and the strength of the dollar do not materially affect its balance sheet or demand. Its business is tied to the investment cycle in connectivity and data infrastructure, not to commodities or shipping routes, so the current geopolitical context has no direct and demonstrable impact on its figures.
Is MaxLinear stock cheap or expensive?
at the analysis dateOn Price / sales, it trades 224% above the Technology median.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| Price / book | 20.1 | 6.3 | +219% |
| Price / sales | 17.1 | 5.3 | +224% |
Sector: median of the 283 Technology companies analysed. In bold, the multiples used for the comparison.
Valuation score: 5.0 out of 10 (median for Technology: 5.3).
Average analyst target: 94.55 USD, −11.9% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 2.8 (sector 6.4), Growth 10.0 (sector 7.5).
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Technology medianValuation
- Forward P/E
- 41.1
- EV / EBITDA
- −437.8
- Price / book
- 20.1
- Price / sales
- 17.1
- PEG
- 0.39
- Market cap
- 9.7B USD
- Enterprise value
- 9.8B USD
Profitability
- ROE
- −21.3%
- ROA
- −4.9%
- ROIC (approx.)
- −2.2%
- Gross margin
- 57.5%
- Operating margin
- −2.4%
- Net margin
- −18.2%
- Free cash flow
- 14.4M USD
- FCF yield
- 0.1%
Solvency
- Total debt
- 148.2M USD
- Net debt
- 83.4M USD
- Cash
- 64.8M USD
- EBITDA
- −22.4M USD
- Net debt / EBITDA
- −3.72
- Debt / equity
- 30.57
- Current ratio
- 1.78
- Quick ratio
- 0.69
Growth
- Revenue growth
- +55.2%
- EPS (TTM)
- −1.18 USD
- EPS (forward)
- 2.61 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- 3.94
- Analyst consensus
- Buy (11)
- Target price
- 94.55 USD
- 52-week range
- 12.77 – 128.30
Recent news
All MXL news →Compare it with its sector
All 283 in Technology →Frequently asked questions about MaxLinear
Is MaxLinear stock cheap or expensive?
On Price / sales, it trades 224% above the Technology median. Valuation score: 5.0 out of 10 (median for Technology: 5.3). Average analyst target: 94.55 USD, −11.9% versus the price. This is not investment advice.
What score does MaxLinear get on MeridIAn Screener?
It scores 5.1 out of 10, rank 1,657 of 2,130 (better than 21% of the companies analysed). Its strongest category is Growth (10.0) and its weakest, Risk & Context (0.3). Analysis of 08/10/2026.
How much is MaxLinear worth on the stock market?
Its market capitalisation is 9.7B USD and its enterprise value, debt included, is 9.8B USD.
How much debt does MaxLinear have?
Its net debt (debt minus cash) is 83.4M USD.
Does MaxLinear pay a dividend?
It pays no dividend, or almost none.
How has MaxLinear stock performed over the last year?
It has risen 649.2% over the last year, excluding dividends. Over the last 52 weeks it has traded between 12.77 and 128.30 USD. Past performance does not guarantee future results.
What do analysts think of MaxLinear?
11 analysts cover it; their average recommendation is “Buy” and their average target is 94.55 USD (−11.9% versus the price). It is an estimate, not market data.
