MaxLinear traded at $88.98 this Tuesday June 23rd, decreasing $7.46 or 7.74 percent since the previous trading session. Looking back, over the last four weeks, MaxLinear lost 7.43 percent. Over the last 12 months, its price rose by 554.26 percent. Looking ahead, we forecast MaxLinear to be priced at 86.93 by the end of this quarter and at 81.67 in one year, according to Trading Economics global macro models projections and analysts expectations.
MaxLinear, Inc. is an integrated circuit design company. The Company's products integrate all or substantial portions of a communication system, including radio frequency (RF), mixed-signal, digital signal processing, security engines, data compression and networking layers, and power management. The Company provides communications systems-on-chip (SoC) solutions used in broadband, mobile and wireline infrastructure, data center, and industrial and multi-market applications. Its integrated semiconductor devices and platform-level solutions are primarily manufactured using complementary metal oxide semiconductor (CMOS) process technology. The Company's customers include electronics distributors, module makers, original equipment manufacturers (OEMs), and original design manufacturers (ODMs). Its CMOS-based radio and digital system architectures also enables shorter design cycles across a range of broadband communications and wired and wireless infrastructure.