Stifel analyst Tore Svanberg raised the firm’s price target on MaxLinear (MXL) to $23 from $21 and keeps a Buy rating on the shares after what the firm calls “another solid print” in Q3. The firm believes MaxLinear “continues to execute on its steady growth trajectory following a particularly pronounced downcycle,” the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MXL:
- Maxlinear’s Strong Performance Offset by Broadband Delays and Legal Uncertainties: Hold Rating Maintained
- MaxLinear Reports Strong Q3 2025 Revenue Growth
- MaxLinear reports Q3 EPS 14c, consensus 12c
- MaxLinear sees Q4 revenue $130M-$140M, consensus $130.48M
- Maxlinear options imply 14.0% move in share price post-earnings