MaxLinear Inc (MXL) concluded trading on Thursday at a closing price of $9.65, with 4.47 million shares of worth about $43.18 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.20% during that period and on April 24, 2025 the price saw a loss of about -12.31%. Currently the company’s common shares owned by public are about 86.37M shares, out of which, 80.27M shares are available for trading.
Stock saw a price change of -4.88% in past 5 days and over the past one month there was a price change of -26.86%. Year-to-date (YTD), MXL shares are showing a performance of -51.19% which decreased to -51.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.35 but also hit the highest price of $26.59 during that period. The average intraday trading volume for MaxLinear Inc shares is 1.94 million. The stock is currently trading -7.45% below its 20-day simple moving average (SMA20), while that difference is down -23.36% for SMA50 and it goes to -37.96% lower than SMA200.
MaxLinear Inc (NASDAQ: MXL) currently have 86.37M outstanding shares and institutions hold larger chunk of about 81.58% of that.
The stock has a current market capitalization of $833.94M and its 3Y-monthly beta is at 1.61. It has posted earnings per share of -$2.64 in the same period. It has Quick Ratio of 1.19 while making debt-to-equity ratio of 0.30. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MXL, volatility over the week remained 5.97% while standing at 9.92% over the month.
Stock’s fiscal year EPS is expected to rise by 131.52% while it is estimated to increase by 179.31% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on November 22, 2024 offering an Equal weight rating for the stock and assigned a target price of $14 to it. Coverage by Susquehanna stated MaxLinear Inc (MXL) stock as a Neutral in their note to investors on October 01, 2024, suggesting a price target of $15 for the stock. On July 25, 2024, Needham Downgrade their recommendations, while on July 17, 2024, Craig Hallum Upgrade their ratings for the stock with a price target of $38. Stock get an Outperform rating from Northland Capital on April 04, 2024.
