MaxLinear (MXL) Stock Rises on Q1 2026 Earnings

MaxLinear Inc. (MXL) reported first-quarter 2026 results. Revenue rose 43.0% year-over-year to $137.2 million, slightly above the consensus of $136.4 million. Diluted earnings per share was -$0.52 versus an expected $0.18, a miss of about $0.70.

Gross profit: $78.9 million (+46.5% YoY).

Cost of sales: $58.3 million (+38.5% YoY).

Operating result: loss of $17.2 million (operating margin compression of 62.7% YoY).

Net result attributable to common shareholders: loss of $45.1 million (-9.2% YoY).

Balance sheet and cash-flow items:

Cash and cash equivalents: $62.5 million (down 39.9% YoY).

Cash from operating activities: negative $8.9 million (-22.2% YoY).

Purchases of property, plant and equipment: $1.4 million (-30.4% YoY).

Total liabilities: $317.1 million (down 12.4% YoY).

Market reaction and takeaway:

Stock moved about 18.25% since market close, reflecting the market digesting a solid revenue beat alongside continued operating and net losses.

Overall, MXL delivered strong top-line growth while profitability and cash generation remain pressured, leaving focus on margin recovery and cash preservation going forward.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

MaxLinear Inc. Insider Trading Activity

MaxLinear Inc. insiders have traded $MXL stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $MXL stock by insiders over the last 6 months:

STEVEN G LITCHFIELD (See remarks) has made 0 purchases and 3 sales selling 44,929 shares for an estimated $746,427.
DANIEL A ARTUSI has made 0 purchases and 2 sales selling 29,802 shares for an estimated $463,050.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

MaxLinear Inc. Hedge Fund Activity

We have seen 91 institutional investors add shares of MaxLinear Inc. stock to their portfolio, and 129 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC added 4,688,666 shares (+596.9%) to their portfolio in Q4 2025, for an estimated $81,723,448
INVESCO LTD. added 1,736,141 shares (+419.9%) to their portfolio in Q4 2025, for an estimated $30,260,937
AIGH CAPITAL MANAGEMENT LLC removed 1,107,504 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $19,303,794
VICTORY CAPITAL MANAGEMENT INC removed 1,070,644 shares (-87.7%) from their portfolio in Q4 2025, for an estimated $18,661,324
ALYESKA INVESTMENT GROUP, L.P. removed 769,349 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $13,409,753
VANGUARD GROUP INC added 605,903 shares (+4.8%) to their portfolio in Q4 2025, for an estimated $10,560,889
MORGAN STANLEY added 551,243 shares (+75.9%) to their portfolio in Q4 2025, for an estimated $9,608,165

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

MaxLinear Inc. Price Targets

Multiple analysts have issued price targets for $MXL recently. We have seen 2 analysts offer price targets for $MXL in the last 6 months, with a median target of $24.0.

Here are some recent targets:

Joe Quatrochi from Wells Fargo set a target price of $20.0 on 01/30/2026
David Williams from Benchmark set a target price of $28.0 on 01/16/2026