Stifel reiterated its Buy rating and $120.00 price target for MaxLinear Inc.
The affirmation followed a fireside chat with CFO and Chief Corporate Strategy Officer Steve Litchfield at the Stifel 2026 Tech Executive Summit.
MaxLinear expects to surpass its $500 million infrastructure revenue target.
The company anticipates reaching this goal ahead of its original 2028 timeline.
Surging demand for AI data center optical connectivity drives this growth.
The company reports strong momentum for its 400G, 800G, and 1.6T networking products.