MaxLinear stock rating reiterated at Buy by Benchmark on AI growth

Investing.com - Benchmark has reiterated its Buy rating and $25.00 price target on MaxLinear (NASDAQ:MXL), currently trading at $16.14, following the company’s better-than-expected third-quarter results and guidance. According to InvestingPro data, analyst targets for MXL range from $15 to $27.50, with 6 analysts recently revising their earnings estimates upward.

The firm expressed confidence in MaxLinear’s accelerating design-win momentum, expanding demand, and improving execution, which it believes indicates sustainable underlying demand trends.

Growth is being driven by new products as the core business rebounds, positioning MaxLinear for a multi-year expansion cycle supported by share gains, content growth, and diversified end-market exposure, according to Benchmark.

The research firm noted strengthening demand across optical DSPs, wireless infrastructure, and storage segments, as secular trends in AI data centers gain momentum, with inventory digestion now complete and new program ramps accelerating.

Benchmark’s $25 price target reflects a 35% discount to the peer group average, with the firm suggesting the market continues to underappreciate MaxLinear’s structural growth drivers and improving earnings power, while identifying a potential SIMO arbitration resolution in the first half of 2026 as a near-term catalyst.

In other recent news, MaxLinear Inc . reported its third-quarter earnings for 2025, surpassing analyst expectations. The company achieved an earnings per share (EPS) of $0.14, exceeding the forecasted $0.12, marking a 16.67% surprise. MaxLinear’s revenue reached $126.5 million, surpassing the anticipated $124.65 million. These results indicate a positive performance for the quarter. Additionally, analysts from various firms have taken note of MaxLinear’s financial outcomes. The company’s earnings announcement has sparked discussions among investors and analysts alike. These recent developments are significant for stakeholders keeping a close watch on MaxLinear’s progress.

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