Pixelworks (PXLW) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pixelworks in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PXLW shares.
View PXLW analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued twelve-month price targets for Pixelworks' stock. Their PXLW share price forecasts range from $3.00 to $4.20. On average, they predict the company's share price to reach $3.60 in the next twelve months. This suggests a possible upside of 236.4% from the stock's current price.
View analysts price targets for PXLW or view top-rated stocks among Wall Street analysts.

Pixelworks' stock was trading at $1.77 at the beginning of 2023. Since then, PXLW stock has decreased by 39.5% and is now trading at $1.07.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our PXLW earnings forecast.

Pixelworks, Inc. (NASDAQ:PXLW) posted its quarterly earnings results on Tuesday, August, 8th. The semiconductor company reported ($0.11) earnings per share for the quarter, beating analysts' consensus estimates of ($0.12) by $0.01. The semiconductor company had revenue of $13.61 million for the quarter, compared to analyst estimates of $13.50 million. Pixelworks had a negative net margin of 37.69% and a negative trailing twelve-month return on equity of 47.84%.

Pixelworks updated its third quarter 2023 earnings guidance on Wednesday, August, 9th. The company provided earnings per share guidance of -$0.13--$0.09 for the period, compared to the consensus earnings per share estimate of -$0.08. The company issued revenue guidance of $15.00 million-$17.00 million, compared to the consensus revenue estimate of $17.03 million.

4 employees have rated Pixelworks Chief Executive Officer Bruce A. Walicek on Glassdoor.com. Bruce A. Walicek has an approval rating of 67% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pixelworks investors own include NVIDIA (NVDA), Inovio Pharmaceuticals (INO), Himax Technologies (HIMX), LightPath Technologies (LPTH), Advanced Micro Devices (AMD), Micron Technology (MU), Rite Aid (RAD), Plug Power (PLUG), JD.com (JD) and Nokia Oyj (NOK).

Pixelworks trades on the NASDAQ under the ticker symbol "PXLW."

Shares of PXLW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PXLW stock can currently be purchased for approximately $1.07.

Pixelworks (NASDAQ:PXLW) has a market capitalization of $60.16 million and generates $70.15 million in revenue each year. The semiconductor company earns $-16,030,000.00 in net income (profit) each year or ($0.40) on an earnings per share basis.

The company employs 222 workers across the globe.

Pixelworks' mailing address is 226 Airport Parkway Suite 595, San Jose CA, 95110. The official website for the company is www.pixelworks.com. The semiconductor company can be reached via phone at (503) 601-4545, via email at bperry@sheltongroup.com, or via fax at 408-200-9201.