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MaxLinear, Inc.

MXL · NASDAQ

Market closed$71.84$-2.56 (-3.44%)After hours $71.11 · -1.02%

Key statistics

Previous close$74.40
Open$71.06
Day high$74.54
Day low$67.58
52-week high$128.30
52-week low$12.77
Market cap6.43B
Volume4.84M
Average volume5.40M
P/E ratio126.04
Forward P/E—
EPS0.57
Dividend yield0.00%

Market context

Why it moved

MaxLinear shares fell after Wall Street Zen downgraded the stock from "buy" to "hold," adding to a mixed analyst outlook and weighing on investor sentiment despite the company's recent revenue growth.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026MaxLinear fell sharply amid a broad semiconductor sector sell-off, with the PHLX Semiconductor Index down roughly 5% on the day and near bear market territory after shedding ~20% from its late-June peak. The decline was fueled by a sector-wide reassessment of AI valuations — compounded by Chinese startup Moonshot's release of the Kimi K3 AI model, TSMC's higher-than-expected capex guidance, and escalating U.S.-Iran geopolitical tensions. With Q2 2026 earnings due July 23, pre-earnings caution adds to pressure on MXL after a ~300% surge in the prior 90 days, despite analyst price targets as high as $125 and strong Q1 revenue growth of 43% YoY.

-3.4409

July 17, 2026MaxLinear plunged over 16% as a fierce sector-wide semiconductor selloff — triggered by TSMC's capex reset and investor profit-taking after massive AI-driven gains — compounded pre-earnings anxiety ahead of its July 23 Q2 report. After surging over 400% year-to-date on optical data center and infrastructure momentum, the stock faced a harsh valuation reckoning as investors reassessed stretched multiples; the XLK technology ETF slid modestly in comparison, underscoring MXL's outsized beta to sector sentiment shifts.

-16.2539

July 16, 2026MaxLinear fell sharply as semiconductor stocks faced renewed selling pressure, with the broader Philadelphia Semiconductor Index retreating despite a positive macro backdrop of softer CPI and PPI data. After a staggering year-to-date gain exceeding 400%, valuation concerns are mounting — analysts at Zacks rate MXL a Hold, noting shares trade at a lofty 11.4x forward sales versus the sub-industry's 9.6x, while a Simply Wall St analysis pegs the stock at over 400% above estimated fair value. The Q2 earnings setup remains strong, with management guiding for $160–$170M in revenue and sequential growth across all segments led by AI optical interconnects.

-4.0501

July 15, 2026MaxLinear shares gained after a cooler-than-expected June CPI report lifted semiconductor and tech stocks broadly, with the S&P 500 and Nasdaq both closing higher. The stock remains highly volatile heading into its July 23 earnings report, with analysts debating whether its steep year-to-date run has already priced in the AI-optics growth story. Infrastructure revenue surged 136% year-over-year in Q1 2026, and management raised its optical data center revenue outlook to $150–$170M for 2026, but analysts flagged tightening valuation and ongoing cash-flow pressures from inventory builds.

3.6842

July 14, 2026MaxLinear fell more than 2% as semiconductor stocks came under broad pressure Monday, with U.S.-Iran tensions sending oil prices surging and rattling chip sector sentiment ahead of a critical earnings week. The decline came despite a constructive fundamental backdrop — MaxLinear is guiding for roughly 20% sequential revenue growth in Q2, driven by accelerating optical data center connectivity demand, with results due July 23. Analyst commentary highlighted that the stock's investment debate has shifted from turnaround narrative to valuation sustainability, following a surge to record highs near $128 in late June before pulling back sharply. Broader chip weakness, including a 14% plunge in SK Hynix and Nasdaq declining 0.87%, weighed on the sector alongside caution ahead of TSMC's July 16 earnings report.

-2.1906

July 11, 2026MaxLinear tumbled nearly 5% as the stock faced a confluence of sector-wide pressure and stock-specific headwinds, even as broader chip names recovered. Despite a Seeking Alpha piece earlier this week calling MaxLinear's AI data center interconnect roadmap — including Keystone/Rushmore and Panther V products — a potential 'gamechanger,' the stock gave back ground amid lingering chip-sector volatility following last week's Samsung-driven selloff and MaxLinear's removal from the Russell 3000 Value Benchmark. The company is scheduled to report Q2 2026 results on July 23, with Q1 having shown 43% year-over-year revenue growth and infrastructure revenue up 136%, though analyst price targets remain wide-ranging, underscoring uncertainty ahead of earnings.

-4.6973

July 10, 2026MaxLinear surged over 11% on July 9, rebounding sharply after a brutal multi-day selloff driven by broader semiconductor sector weakness and index-related selling pressure. The bounce came as chip stocks broadly stabilized — Nvidia and Broadcom led a sector recovery on July 8 following consecutive sessions of AI-driven panic selling sparked by Samsung's record earnings failing to meet elevated investor expectations. A Seeking Alpha article highlighted MaxLinear's AI data center momentum — specifically its Keystone/Rushmore interconnects and Panther V storage products — as a potential catalyst, arguing the market had not yet fully priced in the company's competitive positioning. MaxLinear is scheduled to report Q2 2026 results on July 23, with guidance of $160–$170M in revenue, following a strong Q1 that showed 43% year-over-year revenue growth and 136% infrastructure revenue growth.

11.3306

July 9, 2026MaxLinear closed essentially flat, recovering sharply from the prior session's steep 10% decline driven by sector-wide semiconductor selling and index-related outflows. The stock bounced as investors assessed a Seeking Alpha analysis arguing the market hasn't fully priced in MaxLinear's AI data center opportunity via its Keystone/Rushmore interconnects and Panther V storage accelerator. However, a separate valuation note flagged the stock as potentially 26% overvalued following its removal from the Russell 3000 Value benchmark. The broader chip sector remained under pressure amid DeepSeek's custom chip development, Samsung earnings disappointment, and escalating U.S.-Iran tensions driving a risk-off rotation.

0.268

Simply Wall Street · July 16, 2026MaxLinear (MXL) Earnings Fuel AI Optics Story As Valuation Questions GrowInvesting.com · July 15, 2026Stifel reiterates Buy rating on MaxLinear stock ahead of earningsTradingView · July 13, 2026MaxLinear Stock Outlook Hinges on Optics, Broadband and AI DemandStocksToTrade · May 19, 2026MaxLinear Stock Rockets As AI Infrastructure Demand Ignites MXL Rally
Benzinga · July 7, 2026If You Invested $100 In MaxLinear Stock 15 Years Ago, You Would Have This Much Today
Benzinga · June 30, 2026Micron’s Record Stock Rally Looks Tame Next To This 520% AI Chip Winner
Benzinga · June 29, 2026Stifel Maintains Buy on MaxLinear, Raises Price Target to $110
Benzinga · June 4, 2026Stifel Reiterates Buy on MaxLinear, Raises Price Target to $105
Benzinga · June 4, 2026Here's How Much $1000 Invested In MaxLinear 5 Years Ago Would Be Worth Today
Mt Newswire · June 3, 2026MaxLinear, Los Alamos National Laboratory Develop ZFS for High-Performance Computing
Benzinga · June 3, 2026MaxLinear And Los Alamos National Laboratory Collaborate On Hardware Accelerated OpenZFS Storage For High-Performance Computing Systems
Benzinga · May 27, 2026Why GCT Semiconductor Stock Fell Despite New MaxLinear 5G Partnership

Peers

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