MXL

CARLSBAD, Calif.--(BUSINESS WIRE)--MaxLinear announces upcoming financial conference participation.

The mean of analysts' price targets for MaxLinear (MXL) points to a 31.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

CARLSBAD, Calif.--(BUSINESS WIRE)-- #AIInfrastructure--MaxLinear launches RackCommander™, a control-plane portfolio enabling connectivity, monitoring, control, and power management for AI infrastructure.

CARLSBAD, Calif.--(BUSINESS WIRE)-- #AIInfrastructure--MaxLinear introduces intelligent eFuse solutions that enhance power protection, telemetry, and serviceability in AI infrastructure.

CARLSBAD, Calif.--(BUSINESS WIRE)-- #AIInfrastructure--MaxLinear introduces Carmel™, a high-speed USB-to-UART device that enables low-latency console access for next-generation AI infrastructure.

I am reiterating my Strong Buy rating on MaxLinear with a revised price target of $111 per share. The post-earnings sell-off appears to be driven more by valuation compression, the broader Semi industry, and profit taking than by a deterioration in the company's AI connectivity opportunity. I am keeping my 2028 non-GAAP EPS estimate at $2.78 because several newer products are still in qualification, while higher dilution and operating expenses offset part of the stronger near-term.

MXL's AI infrastructure surge, led by Keystone and hyperscale optical demand, lifts its outlook as competition and a premium valuation loom.

MaxLinear is rated 'Buy' after a 21% post-earnings drop, which I view as overblown given strong fundamentals and guidance. MXL's infrastructure segment is inflecting, with 145% YoY growth and new products ramping for AI and data center applications, supporting accelerating revenue into 2026–2027. Management raised FY2026 optical data center revenue guidance to $210–230 million and expects GAAP gross margins at 60%, above the 10-year average.

MXL's Q2 earnings beat estimates as revenues jump 55%, fueled by optical AI data center adoption and a 145% surge in infrastructure sales.

MaxLinear spotlights accelerating optical AI data center growth, raising its outlook as new products, customer engagements and infrastructure ramps drive momentum.