MaxLinear Inc (NASDAQ: MXL) stock suffered a major decline of -11.4% on 10/31/24. The shares closed at $12.97. Moreover, exceptionally high trading volume at 257% of normal accompanied the decline. The stock has declined -12.8% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MXL is expected to continue to be a Value Builder.
MaxLinear has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. MaxLinear has a slightly negative Appreciation Score of 38 and a poor Power Rating of 16, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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