Maxlinear (MXL) stock took off on Thursday following the release of the radio-frequency parts company’s Q2 2025 earnings report. Adjusted earnings per share of 2 cents matched Wall Street’s estimates and were a positive change from the -25 cents reported in Q2 2024.
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Another highlight for MXL shareholders was revenue of $108.81 million, which beat analysts’ estimate of $104.9 million. The company’s revenue also increased 18.28% year-over-year, compared to $91.99 million.
Maxlinear Chairman and CEO Kishore Seendripu said the strong Q2 performance, “coupled with improved customer order rates, and strengthening product backlog, give us confidence in our growth for 2025 and 2026.”
Maxlinear Stock Movement Today
Maxlinear stock was up 30.74% in pre-market trading on Thursday, following a 0.78% dip yesterday. The company’s shares were down 22.55% year-to-date, but have still rallied 9.27% over the past 12 months. Today’s earnings report brought heavy trading to MXL stock, with over 1 million shares traded, compared to a three-month daily average of about 923,000 shares.
Is Maxlinear Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for Maxlinear is Moderate Buy, based on two Buy and four Hold ratings over the past three months. With that comes an average MXL stock price target of $14.80, representing a potential 3.39% downside for the shares. These ratings and price targets will likely change as analysts update their coverage after today’s earnings report.
