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Momentum rarely asks for permission, and MaxLinear (MXL) has kept its streak alive by extending gains to a tenth straight session on Tuesday, April 21. The stock climbed to an over two-year high of $37.37 and rose 6.2% intraday as buyers leaned in ahead of earnings and chased high double-digit revenue growth expectations.
The fabless semiconductor company is scheduled to release its fiscal year 2026 Q1 results after market close on Thursday, April 23. Management expects revenue growth to come in between 35.5% and 46%, while non-GAAP gross margins are projected to stay firm between 58% and 61%.