Mellanox Technologies, Ltd., a fabless semiconductor company, designs, manufactures, markets, and sells interconnect products and solutions. Its products facilitate data transmission between servers, storage systems, communications infrastructure equipment, and other embedded systems. The company offers InfiniBand solutions, including switch and gateway integrated circuits (ICs), adapter cards, cables, modules, and software, as well as switch, gateway, and long-haul systems; and Ethernet solutions, such as Ethernet switch products and Ethernet adapters for use in enterprise data center, high-performance computing, embedded environments, hyperscale, Web 2.0, and cloud data centers.
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Industry, Sector and Symbol
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Phone972-4909-7200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.09 billion
Profitability
Miscellaneous
Employees2,446
Next Earnings Date10/30/2019 (Confirmed)
OptionableOptionable
Mellanox Technologies (NASDAQ:MLNX) Frequently Asked Questions
What is Mellanox Technologies' stock symbol?
Mellanox Technologies trades on the NASDAQ under the ticker symbol "MLNX."
How were Mellanox Technologies' earnings last quarter?
Mellanox Technologies, Ltd. (NASDAQ:MLNX) posted its earnings results on Wednesday, July, 24th. The semiconductor producer reported $1.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.14 by $0.10. The semiconductor producer had revenue of $310.30 million for the quarter, compared to analysts' expectations of $307.24 million. Mellanox Technologies had a return on equity of 16.86% and a net margin of 14.09%. The company's revenue was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.25 EPS. View Mellanox Technologies' Earnings History.
When is Mellanox Technologies' next earnings date?
What price target have analysts set for MLNX?
8 equities research analysts have issued twelve-month target prices for Mellanox Technologies' stock. Their predictions range from $100.00 to $128.00. On average, they anticipate Mellanox Technologies' stock price to reach $119.19 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price. View Analyst Price Targets for Mellanox Technologies.
What is the consensus analysts' recommendation for Mellanox Technologies?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mellanox Technologies in the last year. There are currently 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Mellanox Technologies.
What are Wall Street analysts saying about Mellanox Technologies stock?
Here are some recent quotes from research analysts about Mellanox Technologies stock:
- 1. According to Zacks Investment Research, "Mellanox is benefiting from robust demand for ethernet adapters, switches and LinkX cables. Solid demand of its Gigabit EDR solutions in AI, HPC, ML, database, storage and more; bode well. Further, strong adoption of Mellanox’s InfiniBand solutions is a key catalyst. The company has also won several contracts from the likes of NetApp and NASA Ames Research Center, which reflects sturdy demand for its solutions. Recently, NVIDIA inked a definitive agreement to acquire Mellanox for a total enterprise value of around $6.9 billion. The buyout is slated to close by the end of calendar 2019. Notably, shares of Mellanox have outperformed the industry in the past year. However, exposure to foreign currency and significant customer concentration remain headwinds. Estimates have been going down ahead of the company’s Q2 earnings release." (7/16/2019)
- 2. Rosenblatt Securities analysts commented, "Marine Products Corporation (MPX) is scheduled to report 1Q19 results before the open on Wednesday, 4/24, with a conference call at 8:00am ET. Although we are not concerned with the recent choppiness in domestic new boat registration data (that, we believe, is only likely to strengthen in the coming months coming out of a strong boat show season and as weather trends improve), we would not be surprised if the company’s overall unit shipments and results are weak due to the adverse impact of the retaliatory tariffs that were put in place last year (and drove a 50% decline in international unit shipments in 4Q18)." (4/17/2019)
Has Mellanox Technologies been receiving favorable news coverage?
Media stories about MLNX stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Mellanox Technologies earned a news impact score of 0.8 on InfoTrie's scale. They also gave media stories about the semiconductor producer a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Mellanox Technologies.
Are investors shorting Mellanox Technologies?
Mellanox Technologies saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,710,000 shares, an increase of 5.0% from the August 30th total of 2,580,000 shares. Based on an average daily volume of 410,000 shares, the days-to-cover ratio is presently 6.6 days. Currently, 5.2% of the shares of the stock are sold short. View Mellanox Technologies' Current Options Chain.
Who are some of Mellanox Technologies' key competitors?
Some companies that are related to Mellanox Technologies include Xilinx (XLNX), Kyocera (KYOCY), Microchip Technology (MCHP), Infineon Technologies (IFNNY), STMicroelectronics (STM), Maxim Integrated Products (MXIM), Marvell Technology Group (MRVL), Skyworks Solutions (SWKS), ASE Technology (ASX), Advantest (ATEYY), Qorvo (QRVO), Cypress Semiconductor (CY), ON Semiconductor (ON), IPG Photonics (IPGP) and Semiconductor Manufacturing International (SMICY).
What other stocks do shareholders of Mellanox Technologies own?
Who are Mellanox Technologies' key executives?
Mellanox Technologies' management team includes the folowing people:
- Mr. Eyal Waldman, Co-Founder, Pres, CEO & Exec. Director (Age 58)
- Mr. Michael Kagan, Co-founder & CTO (Age 61)
- Mr. Marc Sultzbaugh, Sr. VP of Worldwide Sales (Age 56)
- Mr. Eric Wayne Johnson, VP & Corp. Controller (Age 54)
- Mr. Douglas T. Ahrens, Sr. VP & CFO (Age 52)
Who are Mellanox Technologies' major shareholders?
Mellanox Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alpine Group USVI LLC (0.23%), Alpine Group USVI LLC (0.23%), Havens Advisors LLC (0.14%), Navellier & Associates Inc (0.05%), Rothschild Investment Corp IL (0.04%) and Envestnet Asset Management Inc. (0.01%). Company insiders that own Mellanox Technologies stock include Amal M Johnson, Clifton Thomas Weatherford, Dov Baharav, Efrat Makov, Eyal Waldman, Glenda Dorchak, Jon A Olson, Jonathan Khazam, Jorge Titinger, Marc Sultzbaugh, Michael Kagan, Shai Cohen, Steve Sanghi, Value Lp Starboard and Yakov (Jacob) Shulman. View Institutional Ownership Trends for Mellanox Technologies.
Which institutional investors are selling Mellanox Technologies stock?
MLNX stock was sold by a variety of institutional investors in the last quarter, including Havens Advisors LLC, Rothschild Investment Corp IL and Navellier & Associates Inc. Company insiders that have sold Mellanox Technologies company stock in the last year include Amal M Johnson, Glenda Dorchak and Marc Sultzbaugh. View Insider Buying and Selling for Mellanox Technologies.
Which institutional investors are buying Mellanox Technologies stock?
MLNX stock was bought by a variety of institutional investors in the last quarter, including Alpine Group USVI LLC, Alpine Group USVI LLC, Summit X LLC, Cerebellum GP LLC, Zurcher Kantonalbank Zurich Cantonalbank , Envestnet Asset Management Inc. and Brinker Capital Inc.. Company insiders that have bought Mellanox Technologies stock in the last two years include Efrat Makov, Jon A Olson, Jonathan Khazam, Jorge Titinger and Steve Sanghi. View Insider Buying and Selling for Mellanox Technologies.
How do I buy shares of Mellanox Technologies?
Shares of MLNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Mellanox Technologies' stock price today?
One share of MLNX stock can currently be purchased for approximately $111.10.
How big of a company is Mellanox Technologies?
Mellanox Technologies has a market capitalization of $6.09 billion and generates $1.09 billion in revenue each year. The semiconductor producer earns $134.26 million in net income (profit) each year or $3.85 on an earnings per share basis. Mellanox Technologies employs 2,446 workers across the globe.View Additional Information About Mellanox Technologies.
What is Mellanox Technologies' official website?
How can I contact Mellanox Technologies?
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]
MarketBeat Community Rating for Mellanox Technologies (NASDAQ MLNX)
MarketBeat's community ratings are surveys of what our community members think about Mellanox Technologies and other stocks. Vote "Outperform" if you believe MLNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MLNX will underperform the S&P 500 over the long term. You may vote once every thirty days.
