MaxLinear’s (MXL) shares surged 12.5% in the last trading session, closing at $26.27, driven by significant trading volume. This increase contributes to a notable 36.6% gain over the past four weeks, attributed to demand for the company’s Keystone PAM4 DSP products in hyperscale customer deployments for 400G and 800G, along with a growing presence in AI data centers.
The company is expected to report quarterly earnings of $0.18 per share, marking a year-over-year increase of 460%, with revenues anticipated at $135.04 million, a 40.8% rise from the previous year. The consensus EPS estimate for the quarter has remained stable over the last month, as MaxLinear maintains a Zacks Rank #3 (Hold).
