MaxLinear, Inc. (NASDAQ:MXL) is one of the Best Semiconductor Stocks to Buy Under $20. On July 24, Susquehanna lifted the price objective on the company’s stock to $18 from $15, while keeping a “Neutral” rating, as reported by The Fly. The firm updated its model after strong Q2 2025 results and even stronger guidance as the company benefits from strength throughout its strategic growth markets (mainly high-speed optical interconnects), and a continued recovery in the core business.
A scientist in a lab examining a prototype RF chip for broadband radio transceiver front ends.
MaxLinear, Inc. (NASDAQ:MXL)’s Q2 2025 results demonstrated healthy sequential and YoY growth in the business. Amidst strong execution, the company surpassed the midpoint of its revenue guidance, returned to profitability on a non-GAAP basis, and saw positive FCF in Q2 2025. On a GAAP basis, MaxLinear, Inc. (NASDAQ:MXL) saw net revenue of $108.8 million, up 13% sequentially and 18% YoY.
MaxLinear, Inc. (NASDAQ:MXL) drove robust customer and product traction in high-speed interconnects for the data center, multi-gigabit PON access, Ethernet, Wi-Fi connectivity, and wireless infrastructure. The success in such strategic end markets, along with an improvement in customer order rates and strengthening product backlog, provides confidence for growth in 2025 and 2026.
MaxLinear, Inc. (NASDAQ:MXL) is a fabless semiconductor company, engaged in designing and selling integrated circuits for broadband, connectivity, and data center applications.
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Disclosure: None. This article is originally published at Insider Monkey.
