Stifel analyst Tore Svanberg has adjusted the price target for MaxLinear (MXL, Financial) from $26 to $16, although he maintains a Buy rating for the company's shares. This revision comes as part of a broader assessment of the Analog, Connectivity, and Processors sector, which is facing potential impacts from tariffs affecting the industry.
According to Svanberg, while the March quarter results for the group are expected to align with projections, the outlook for the June quarter appears less promising. The uncertainties surrounding tariffs, along with their effects on the semiconductor sector, suggest an elevated risk of the industry entering a cyclical downturn. This development could significantly influence the trajectory of companies within this space, including MaxLinear.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 10 analysts, the average target price for MaxLinear Inc (MXL, Financial) is $19.75 with a high estimate of $27.50 and a low estimate of $12.00. The average target implies an upside of 94.58% from the current price of $10.15. More detailed estimate data can be found on the MaxLinear Inc (MXL) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, MaxLinear Inc's (MXL, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for MaxLinear Inc (MXL, Financial) in one year is $14.42, suggesting a upside of 42.07% from the current price of $10.15. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the MaxLinear Inc (MXL) Summary page.
