MaxLinear Inc (NASDAQ: MXL) stock suffered a major decline of -12.1% on 10/1/24. The shares closed at $12.73. Moreover, this decline was accompanied by above average trading volume at 134% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -11.0% during the last week.
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). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. MaxLinear has a slightly negative Appreciation Score of 35 and a very low Power Rating of 6, leading to 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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