Is MaxLinear Inc. (MXL) One of the Top Semiconductor Stocks in our Ranking of the Top 10 Chip Stocks by YTD Performance?

MaxLinear Inc. (NASDAQ:MXL) is one of the top semiconductor stocks in our ranking of the top 10 chip stocks by YTD performance. MaxLinear Inc. (NASDAQ:MXL) was upgraded to Buy from Hold by Loop Capital on April 29, with the firm lifting the price target on the stock to $75 from $17. The rating update came after the company reported its fiscal Q1 2026 earnings on April 23. Loop Capital told investors in a research note that although the stock has nearly tripled this year, the firm’s work “strongly suggests this train has a lot of room left to run”, and that the company’s recent results confirmed its momentum.

In its fiscal Q1 2026 results, MaxLinear Inc. (NASDAQ:MXL) reported a net revenue of $137.2 million, up 43% year-over-year and attributed to an inflection in the company’s infrastructure business, which surged 136% versus the previous year. On a non-GAAP basis, gross margin reached 59.5% and diluted EPS was $0.22, representing a considerable improvement from the loss of $0.05 per share reported in fiscal Q1 2025.

MaxLinear Inc. (NASDAQ:MXL) provides communications systems-on-chip (SoC) solutions used in broadband, data center, mobile, and wireline infrastructure, and industrial and multi-market applications. The company’s products include wireline connectivity devices, direct broadcast satellite outdoor and indoor units, cable broadband modems and gateways, radio frequency transceivers, fiber-optic modules, video set-top boxes and gateways, hybrid analog and digital televisions, and power management and interface products.

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