NASDAQ:MLNX - Mellanox Technologies Stock Price, Price Target & More

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

Mellanox Technologies, Ltd. (NASDAQ:MLNX) announced its earnings results on Tuesday, July, 17th. The semiconductor producer reported $1.25 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.09 by $0.16. The semiconductor producer earned $268.46 million during the quarter, compared to the consensus estimate of $263.61 million. Mellanox Technologies had a net margin of 5.61% and a return on equity of 12.51%. The business's revenue for the quarter was up 26.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.44 earnings per share. View Mellanox Technologies' Earnings History.

Mellanox Technologies is scheduled to release their next quarterly earnings announcement on Wednesday, October, 10th 2018. View Earnings Estimates for Mellanox Technologies.

13 analysts have issued twelve-month price objectives for Mellanox Technologies' stock. Their predictions range from $38.00 to $125.00. On average, they anticipate Mellanox Technologies' share price to reach $94.90 in the next year. This suggests a possible upside of 11.6% from the stock's current price. View Analyst Ratings for Mellanox Technologies.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mellanox Technologies in the last year. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Mellanox Technologies include Xilinx (XLNX), Maxim Integrated Products (MXIM), Advanced Micro Devices (AMD), IPG Photonics (IPGP), Marvell Technology Group (MRVL), ON Semiconductor (ON), Qorvo (QRVO), ASE INDL HLDG C/S (ASX), Microsemi (MSCC), United Microelectronics (UMC), Cypress Semiconductor (CY), Cavium (CAVM), SUMCO Corp/ADR (SUOPY), Monolithic Power Systems (MPWR) and Semiconductor Manufacturing Int'l (SMI).

News stories about MLNX stock have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Mellanox Technologies earned a media sentiment score of 0.14 on Accern's scale. They also assigned news coverage about the semiconductor producer an impact score of 47.08 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Mellanox Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (1.02%), Clinton Group Inc. (0.07%), Foundry Partners LLC (0.05%), Tokio Marine Asset Management Co. Ltd. (0.02%), Fox Run Management L.L.C. (0.01%) and Winslow Evans & Crocker Inc. (0.01%). Company insiders that own Mellanox Technologies stock include Amal M Johnson, Dov Baharav, Efrat Makov, Eyal Waldman, Glenda Dorchak, Jon A Olson, Jonathan Khazam, Jorge Titinger, Marc Sultzbaugh, Michael Kagan, Shai Cohen, Value Lp Starboard and Yakov (Jacob) Shulman. View Institutional Ownership Trends for Mellanox Technologies.

MLNX stock was sold by a variety of institutional investors in the last quarter, including Tokio Marine Asset Management Co. Ltd. and Foundry Partners LLC. Company insiders that have sold Mellanox Technologies company stock in the last year include Amal M Johnson, Dov Baharav, Eyal Waldman, Glenda Dorchak, Marc Sultzbaugh, Michael Kagan, Shai Cohen, Value Lp Starboard and Yakov (Jacob) Shulman. View Insider Buying and Selling for Mellanox Technologies.

MLNX stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Clinton Group Inc., Fox Run Management L.L.C., Winslow Evans & Crocker Inc., Empirical Finance LLC and Cerebellum GP LLC. Company insiders that have bought Mellanox Technologies stock in the last two years include Efrat Makov, Jon A Olson, Jonathan Khazam and Jorge Titinger. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of MLNX stock can currently be purchased for approximately $85.00.

Mellanox Technologies has a market capitalization of $4.42 billion and generates $863.89 million in revenue each year. The semiconductor producer earns $-19,420,000.00 in net income (profit) each year or $0.91 on an earnings per share basis. Mellanox Technologies employs 2,723 workers across the globe.

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]