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) announced its quarterly earnings results on Thursday, April, 23rd. The semiconductor producer reported $2.59 EPS for the quarter, topping the Zacks' consensus estimate of $1.72 by $0.87. The semiconductor producer had revenue of $428.70 million for the quarter, compared to analysts' expectations of $344.40 million. Mellanox Technologies had a return on equity of 25.43% and a net margin of 18.04%. The business's quarterly revenue was up 40.5% on a year-over-year basis. During the same period in the previous year, the firm earned $1.59 EPS. View Mellanox Technologies' earnings history.

3 brokerages have issued 1 year price targets for Mellanox Technologies' stock. Their forecasts range from $145.00 to $145.00. On average, they expect Mellanox Technologies' stock 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 recently, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. 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 media sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the semiconductor producer a news buzz of 0.0 out of 10, indicating 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 Microchip Technology (MCHP), STMicroelectronics (STM), Marvell Technology Group (MRVL), Xilinx (XLNX), Skyworks Solutions (SWKS), Kyocera (KYOCY), Semiconductor Manufacturing International (SMICY), 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]