MaxLinear (MXL) Q4 Revenue Jumps 48% Driven by Infrastructure and Data Center Demand

Core Insights - MaxLinear Inc. (NASDAQ:MXL) is highlighted as a promising small-cap tech stock, reporting a strong Q4 2025 with revenue of $136.4 million, reflecting an 8% sequential increase and a 48% year-over-year rise, primarily driven by the infrastructure segment [1][4] Financial Performance - Q4 2025 revenue reached $136.4 million, marking an 8% increase from the previous quarter and a 48% increase year-over-year [1] - The infrastructure segment experienced a significant annual growth of 76%, attributed to high demand for optical interconnects and wireless infrastructure in data centers [1] Future Outlook - For 2026, MaxLinear anticipates revenue from its Keystone PAM4 DSP family to be between $100 million and $130 million, driven by major hyperscale data centers [2] - The company expects a softer first half for its broadband business due to industry transitions to DOCSIS 4.0, which may result in an overall annual decline in that segment [2] - Despite challenges such as supply chain tightness and competitive pressures, the company is optimistic about improving its infrastructure product mix, aiming for gross margins to approach 60% by year-end [2] Analyst Ratings - Following the earnings report, analyst Richard Shannon from Craig-Hallum reiterated a Buy rating on MaxLinear with a price target of $27 [3]