NASDAQ:MLNXMellanox Technologies Stock Price, Forecast & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mellanox Technologies in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mellanox Technologies.

Mellanox Technologies is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for Mellanox Technologies.

Mellanox Technologies, Ltd. (NASDAQ:MLNX) released its quarterly earnings results on Thursday, April, 23rd. The semiconductor producer reported $2.59 EPS for the quarter, topping the consensus estimate of $1.72 by $0.87. The semiconductor producer had revenue of $428.70 million for the quarter, compared to analyst estimates of $344.40 million. Mellanox Technologies had a return on equity of 25.43% and a net margin of 18.04%. Mellanox Technologies's revenue for the quarter was up 40.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.59 EPS. View Mellanox Technologies' earnings history.

3 Wall Street analysts have issued twelve-month target prices for Mellanox Technologies' shares. Their forecasts range from $145.00 to $145.00. On average, they anticipate Mellanox Technologies' share price to reach $145.00 in the next year. This suggests a possible upside of 16.1% from the stock's current price. View analysts' price targets for Mellanox Technologies.

Media stories about MLNX stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Mellanox Technologies earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave headlines about the semiconductor producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news about Mellanox Technologies.

Some companies that are related to Mellanox Technologies include Semiconductor Manufacturing International (SMICY), STMicroelectronics (STM), Marvell Technology Group (MRVL), Microchip Technology (MCHP), Xilinx (XLNX), Skyworks Solutions (SWKS), Kyocera (KYOCY), Maxim Integrated Products (MXIM), Qorvo (QRVO), Advantest (ATEYY), Monolithic Power Systems (MPWR), ASE Technology (ASX), IPG Photonics (IPGP), ON Semiconductor (ON) and Solaredge Technologies (SEDG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Mellanox Technologies investors own include NVIDIA (NVDA), Brainstorm Cell Therapeutics (BCLI), Alibaba Group (BABA), Micron Technology (MU), Intel (INTC), Netflix (NFLX), QUALCOMM (QCOM), salesforce.com (CRM), Tesla (TSLA) and Cisco Systems (CSCO).

Mellanox Technologies trades on the NASDAQ under the ticker symbol "MLNX."

One share of MLNX stock can currently be purchased for approximately $124.89.

Mellanox Technologies has a market capitalization of $7.00 billion and generates $1.33 billion in revenue each year. The semiconductor producer earns $205.10 million in net income (profit) each year or $5.17 on an earnings per share basis. Mellanox Technologies employs 2,777 workers across the globe.

The official website for Mellanox Technologies is www.mellanox.com.

Mellanox Technologies' mailing address is Beit Mellanox, Yokneam L3, 20692. The semiconductor producer can be reached via phone at 972-4909-7200 or via email at [email protected]