- MaxLinear First to Achieve DOCSIS® 3.1 VFI with Puma™ 8, Accelerating DOCSIS 4.0 Readiness and Enabling MaxAI™-Powered Home Network Experiences
May 18, 2026 · businesswire.com
CARLSBAD, Calif.--(BUSINESS WIRE)-- #AI--MaxLinear achieves DOCSIS 3.1 VFI with Puma 8, advancing DOCSIS 4.0 readiness and enabling AI-powered, scalable home network experiences.
- MAXLINEAR FIRST TO ACHIEVE DOCSIS® 3.1 VFI WITH PUMA™ 8, ACCELERATING DOCSIS 4.0 READINESS AND ENABLING MAXAI™-POWERED HOME NETWORK EXPERIENCES
May 18, 2026
CARLSBAD, CALIF.--(BUSINESS WIRE)-- #AI--MAXLINEAR ACHIEVES DOCSIS 3.1 VFI WITH PUMA 8, ADVANCING DOCSIS 4.0 READINESS AND ENABLING AI-POWERED, SCALABLE HOME NETWORK EXPERIENCES.
- MaxLinear Launches Trinity Platform for Faster, Cost-Efficient, Cloud-Managed, AI-Enabled Wireless Backhaul for 5G Networks
May 14, 2026 · businesswire.com
CARLSBAD, Calif.--(BUSINESS WIRE)-- #5G--MaxLinear's new Trinity platform helps operators scale 5G backhaul with cloud management, AI-based optimization, and up to 10Gbps performance.
- MAXLINEAR LAUNCHES TRINITY PLATFORM FOR FASTER, COST-EFFICIENT, CLOUD-MANAGED, AI-ENABLED WIRELESS BACKHAUL FOR 5G NETWORKS
May 14, 2026
CARLSBAD, CALIF.--(BUSINESS WIRE)-- #5G--MAXLINEAR'S NEW TRINITY PLATFORM HELPS OPERATORS SCALE 5G BACKHAUL WITH CLOUD MANAGEMENT, AI-BASED OPTIMIZATION, AND UP TO 10GBPS PERFORMANCE.
- Best Of AI: Highest Quant-Rated Semiconductor Stocks
May 14, 2026 · seekingalpha.com
While momentum-driven valuations have been stretched, growth visibility still justifies the price for high-quality stocks, as AI-related capex spending is projected to continue at a fast pace in 2026. The AI semiconductor opportunity extends beyond mega-cap names, with critical roles played across memory, connectivity, optical interconnects, power efficiency, and compute infrastructure. In a market that is growing increasingly volatile and uncertain, Quant is a good tool to find high-conviction stocks to hold through the ups and downs.
- Why This AI Stock Could Be the Easiest 10x Trade of 2026
May 12, 2026
Quick Read
MaxLinear (MXL) designs high-speed PAM4 DSPs and optical interconnect chips for AI data centers with infrastructure revenue growing 136% year-over-year in Q1 and no long-term supply agreements with manufacturers, positioning it for potential margin expansion if supply tightens. AI data center buildout is driving demand for MaxLinear’s optical chips faster than the company can fulfill, creating potential for a supply shortage that could drive revenue from $657 million in 2026 to over $1.2B by 2027 and enable 10x stock gains if hyperscaler spending continues through 2028. The analyst who called NVIDIA in 2010 just named his top 10 stocks and MaxLinear wasn't one of them. Get them here FREE.
MaxLinear (NASDAQ:MXL) was a boring broadband chip company until AI data centers started booming. The stock has already surged by 442% in just the past six months, but the rally could end up being monumental if the AI buildout continues as expected.
You may argue that the current forward earnings multiple of 59 times earnings already prices in the growth, but I'd disagree.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and MaxLinear wasn't one of them.Get them here FREE.
If you look at the entire semiconductor industry, a stock trading at 59 times forward earnings is more expensive than 71% of the industry. Thus, MXL isn't exceptionally expensive when you take growth into account. In fact, I believe it could be a multibagger as early as this year if the rally accelerates or continues. Let's have a look at why.
MaxLinear's growth is likely underestimated
MaxLinear is a mixed‑signal communications chip company, and its products are in high demand from the data center buildout, requiring more communications equipment. What makes it special is that it has been consistently under-the-radar and trades with a market cap of just $7 billion.
That's despite its family of high‑speed PAM4 DSPs targeted at data center optics, plus supporting components like a Washington 200G TIA (transimpedance amplifier) aimed at cost‑effective, low‑power 1.6T optical connectivity for AI data centers.
All of that is in high demand, and you're likely aware of that. But you might be underestimating that demand.
MaxLinear is fabless and does not own fabs. It designs and sells niche, high‑speed interconnect chips manufactured at a mix of mature and semi‑advanced nodes.
There's no shortage yet in the market, but if hyperscaler spending holds, I expect a shortage here that could make margins explode higher.
Story Continues
Why MaxLinear can still 10x from here
MaxLinear raised its 2026 optical data center revenue target by $30-40 million to $150-170 million in just one quarter as infrastructure revenue grew 136% year-over-year in Q1. If hyperscalers continue building AI-centric data centers at the current pace, the 800G ramp alone could absorb all available merchant DSP supply.
Moreover, supply is inelastic and uncontractible. MaxLinear does not have any long-term supply agreements with Taiwan Semiconductor (NYSE:TSM) or UMC (NYSE:UMC). If a supply crunch hits, you're going to see big hyperscalers compete with smaller AI companies, and you'll also see hoarding of MaxLinear's products.
If you believe data center buildout continues through 2028, MaxLinear’s optical DSPs are more likely than not to move from "supply constrained" into a genuine shortage, but I would expect this to be a capacity-driven shortage, unlike the commodity-driven shortage DRAM went through.
Regardless, I expect strong margins as long as the data center buildout continues.
Why MaxLinear can surge more from here
MaxLinear's revenue is expected to be $657 million in 2026 with a 40%-plus growth. If the data center buildout continues, multibagger gains are likely, and even a 10x gain is possible.
If we see a shortage, revenue could double in 2027 to over $1.2 billion and keep growing at hypergrowth levels. The PAM4 DSP market is the bread and butter of MaxLinear's Infrastructure segmen. It is expected to grow at a 19.7% CAGR through 2034. That's very long-term double-digit growth. AI optical transceivers are expected to grow at nearly 60% year-over-year, and MaxLinear sells the DSP that goes inside them.
These AI optical transceivers are going to drive the near-term growth, with PAM4 DSP causing long-term growth.
I see a large margin increase if this shortage hits. The free cash flow margin in the past year is at just 0.4%. Most of MaxLinear's competitors are much more profitable with double-digit FCF margins. Transceiver makers are not going to lose a $50,000 GPU sale over a $200 DSP shortage and will pay more for it.
Then you need to consider the expansion of the overall addressable market. MaxLinear does not need to overthrow a competitor because the market is being stretched out massively. All it needs to do is fill in the void being created by the data center buildout fast enough.
Where I see MXL stock
I see MXL stock gaining 200-350% in the next two years. The data center buildout lasting through 2028 won't be much of a shocker since a data center slowdown has been speculated on for the past four years. Two more years of spending is not surprising.
The Infrastructure segment grew 136% year-over-year in Q1 2026 and will be the largest segment this year. This is where you need to pay attention, since if you are betting on this stock being a multibagger, you are betting here.
Is a 10x possible?
If we see a large shortage and extreme hoarding, MXL stock can 10x. Wall Street paying triple-digit earnings is quite routine now. Interest expenses of $9.75 million and stock-based comp of $74.2 million in the past year are an issue. However, it will not matter much once revenue goes over $1 billion.
I'm looking at ~$200 million in net income if the buildout accelerates through 2027. That's even if the operating expense grows to $400 million. If there's still a shortage and margins start thickening rapidly, MXL stock can trade at 150-200x forward earnings and deliver a 10x, but this is only in the most bullish scenario.
The analyst who called NVIDIA in 2010 just named his top 10 AI stocks
This analyst's 2025 picks are up 106% on average. He just named his top 10 stocks to buy in 2026. Get them here FREE.
View Comments
- Here Are Tuesday’s Top Wall Street Analyst Research Calls: Autodesk, Celanese, DexCom, FormFactor, GitLab, Lowe’s, Matador Resources, Toast and More
May 12, 2026
Quick Read:
Despite President Trump rejecting Iran’s counterproposal, stocks rose on Monday. Enthusiasm over Artificial Intelligence and a stellar first-quarter earnings season were cited among the reasons for the continued strength. With earnings season for the first quarter almost over, Wall Street’s focus will turn back to Iran, inflation, and the economy. The analyst who called NVIDIA in 2010 just named his top 10 stocks and Autodesk wasn't one of them. Get them here FREE.
Pre-Market Stock Futures:
The futures are trading lower on Tuesday, but another week and another set of new highs for the S&P 500 and the Nasdaq, as AI fever overshadowed Iran's peace counteroffer dismissal on Monday. The stock market opened lower on the rejection of President Trump's peace offering, but buyers once again circled the wagons. Positive earnings and a tidal wave of momentum for all things AI and technology were enough to lift the major indexes higher by noon, and by the close, all finished higher. The Russell 2000, the leading index this year, closed up 0.25% on Monday to 2,868. The S&P 500 finished the day up 0.27% at 7,419, its first close ever over 7,400, while the Nasdaq closed just barely higher, up 0.10 % at 26,274. The Dow Jones Industrial Average also posted a winning day, up 0.10% to 49,657.
Treasury Bonds:
After a solid end to the week last Friday, the bond market saw sellers come in on Monday as rates rose across the entire yield curve, with the bulk of the move in the belly and on the long end. Traders cited the Iranian situation, the fact that inflation continues to run hotter than the Federal Reserve's target, and the possibility that hopes for a rate cut this year may be dashed as reasons for the selling at the start of the week. The 30-year long bond closed the session at 4.98%, while the benchmark 10-year note was last seen at 4.41%.
The analyst who called NVIDIA in 2010 just named his top 10 stocks and Autodesk wasn't one of them.Get them here FREE.
Oil and Gas:
Needless to say, all the oil bulls needed was the President to reject Iran's counter, and the oil benchmarks took off higher. By the end of the day, Brent Crude was higher by 2.96% and closed at $104.30, while West Texas Intermediate finished the session at $98.30, up 3.02%. Natural gas closed up 5.84% at $2.92.
Gold:
Gold followed through on last week's strength, posting a solid start to the week. By the closing bell, the precious metal was last seen at $4,733, up 0.42%, while Silver, which was on fire Friday, closed the session at $85.76, up 6.91%.
Crypto:
Bitcoin held firm above $81,000, trading near $81,561 as it attempted to climb back toward its weekend highs. The leading cryptocurrency demonstrated resilience amid fresh geopolitical uncertainty, including Iran’s rejection of a U.S. peace framework. Meanwhile, smaller cryptocurrencies mostly declined, with investors growing cautious ahead of potential regulatory developments tied to the proposed “Clarity Act.” At 8 AM EDT, Bitcoin was trading at $80,700, while Ethereum was quoted at $2,285.
Story Continues
24/7 Wall St. reviews dozens of analyst research reports daily to identify new investment ideas for both investors and traders. Some of these daily analyst calls cover stocks to buy. Other calls cover stocks to sell or avoid. Remember that no single analyst call should ever be used as a basis to buy or sell a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations seen on Tuesday, May 12, 2026.
Upgrades:
Autodesk (NASDAQ: ADSK) was upgraded to Buy from Neutral at Bank of America, with a $300 target price. Celanese (NYSE: CE) was upgraded to Overweight from Neutral at JPMorgan, which stays with a $68 target price for the shares. FormFactor (NASDAQ: FORM) was upgraded to Buy from Hold at Craig-Hallum, which has a $175 target price. Lowe's Companies (NYSE: LOW) was raised to Buy from Neutral at Citigroup, with a $286 target price for the big box retail giant. Matador Resources (NYSE: MTDR) was upgraded to Buy from Hold at Truist Financial, which bumped the target price for the stock to $67 from $60.
Downgrades:
GitLab (NASDAQ: GTLB) was downgraded to Market Perform from Outperform at Raymond James, without a target price. Lenz Therapeutics (NASDAQ: LENZ) was downgraded to Neutral from Overweight at Piper Sandler, Toast (NYSE: TOST) was downgraded to Neutral from Buy at Rothschild & Co Redburn, with a $35 target price. United Parks & Resorts (NYSE: PRKS) was cut to Hold from Buy at Stifel, which trimmed the target price for the stock to $40 from $42.
Initiations:
DexCom (NASDAQ: DXCM) was initiated with a Buy rating at Benchmark, with a $77 target price. Insulet (NASDAQ: PODD) was initiated with a Buy rating at Benchmark, with a $250 price target. MaxLinear (NYSE: MXL) was reinstated with a Buy rating at Benchmark, which has set a $28 target price. MiniMed Group (NASDAQ: MMED) was started with a Buy rating at Benchmark with a $20 target price. Versant Media Group (NASDAQ: VSNT) was initiated with a Neutral rating at JPMorgan, with a $43 target price.
The analyst who called NVIDIA in 2010 just named his top 10 AI stocks
This analyst's 2025 picks are up 106% on average. He just named his top 10 stocks to buy in 2026. Get them here FREE.
View Comments
- Why This AI Stock Could Be the Easiest 10x Trade of 2026
May 12, 2026 · 247wallst.com
MaxLinear ( NASDAQ :MXL ) was a boring broadband chip company until AI data centers started booming.
- Here Are Tuesday’s Top Wall Street Analyst Research Calls: Autodesk, Celanese, DexCom, FormFactor, GitLab, Lowe’s, Matador Resources, Toast and More
May 12, 2026 · 247wallst.com
Pre-Market Stock Futures: The futures are trading lower on Tuesday, but another week and another set of new highs for the S&P 500 and the Nasdaq, as AI fever overshadowed Iran's peace counteroffer dismissal on Monday. The stock market opened lower on the rejection of President Trump's peace offering, but buyers once again circled the... Here Are Tuesday's Top Wall Street Analyst Research Calls: Autodesk, Celanese, DexCom, FormFactor, GitLab, Lowe's, Matador Resources, Toast and More
- Red-Hot Chip Stocks Are Lifting Tech ETFs. One ETF Has Doubled Since It Launched Last Month.
May 11, 2026 · investopedia.com
Some exchange-traded funds offer the safety of diversification at the expense of eye-popping returns. This year, returns are the story, especially at funds that hold big slugs of red-hot chip shares.
