NASDAQ:PXLW - Pixelworks Stock Price, Forecast & News

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

Pixelworks, Inc. (NASDAQ:PXLW) released its earnings results on Thursday, February, 6th. The semiconductor company reported ($0.06) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.07) by $0.01. The semiconductor company had revenue of $16.02 million for the quarter, compared to the consensus estimate of $16 million. Pixelworks had a negative return on equity of 18.51% and a negative net margin of 13.44%. View Pixelworks' Earnings History.

Pixelworks is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Pixelworks.

Pixelworks updated its first quarter 2020 After-Hours earnings guidance on Thursday, February, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $13-15 million, compared to the consensus revenue estimate of $13.73 million.

2 brokerages have issued 12 month price objectives for Pixelworks' stock. Their forecasts range from $5.00 to $5.50. On average, they expect Pixelworks' share price to reach $5.25 in the next twelve months. This suggests a possible upside of 18.8% from the stock's current price. View Analyst Price Targets for Pixelworks.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pixelworks in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pixelworks.

News articles about PXLW stock have trended somewhat negative recently, according to InfoTrie. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pixelworks earned a news sentiment score of -1.7 on InfoTrie's scale. They also assigned headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Pixelworks.

Pixelworks saw a drop in short interest in the month of February. As of February 14th, there was short interest totalling 541,300 shares, a drop of 32.2% from the January 30th total of 798,800 shares. Based on an average daily volume of 306,900 shares, the short-interest ratio is presently 1.8 days. Approximately 1.7% of the company's stock are short sold. View Pixelworks' Current Options Chain.

Some companies that are related to Pixelworks include Ichor (ICHR), CEVA (CEVA), Nlight (LASR), Aquantia (AQ), Magnachip Semiconductor (MX), Sitime (SITM), Adesto Technologies (IOTS), NVE (NVEC), DSP Group (DSPG), NeoPhotonics (NPTN), Alpha and Omega Semiconductor (AOSL), Applied Optoelectronics (AAOI), GSI Technology (GSIT), Sequans Communications (SQNS) and AXT (AXTI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pixelworks investors own include Micron Technology (MU), Inovio Pharmaceuticals (INO), Advanced Micro Devices (AMD), Anavex Life Sciences (AVXL), LightPath Technologies (LPTH), Rite Aid (RAD), Gemphire Therapeutics (GEMP), Momo (MOMO), NVIDIA (NVDA) and Himax Technologies (HIMX).

Pixelworks' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (3.43%), Jacobs Levy Equity Management Inc. (1.01%), UBS Group AG (0.62%), Oxford Asset Management LLP (0.59%), Acadian Asset Management LLC (0.57%) and Spark Investment Management LLC (0.24%). Company insiders that own Pixelworks stock include Daniel Heneghan, David J Tupman, Richard L Sanquini, Steven L Moore and Todd Debonis. View Institutional Ownership Trends for Pixelworks.

PXLW stock was sold by a variety of institutional investors in the last quarter, including Alambic Investment Management L.P., Oxford Asset Management LLP, Cito Capital Group LLC and Spark Investment Management LLC. View Insider Buying and Selling for Pixelworks.

PXLW stock was bought by a variety of institutional investors in the last quarter, including Jacobs Levy Equity Management Inc., Renaissance Technologies LLC, Credit Suisse AG, Acadian Asset Management LLC, Russell Investments Group Ltd., Captrust Financial Advisors, Alpine Global Management LLC and UBS Group AG. Company insiders that have bought Pixelworks stock in the last two years include Daniel Heneghan, Richard L Sanquini, Steven L Moore and Todd Debonis. View Insider Buying and Selling for Pixelworks.

Shares of PXLW 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.

One share of PXLW stock can currently be purchased for approximately $4.42.

Pixelworks has a market capitalization of $169.38 million and generates $68.75 million in revenue each year. The semiconductor company earns $-9,080,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Pixelworks employs 215 workers across the globe.View Additional Information About Pixelworks.

The official website for Pixelworks is http://www.pixelworks.com/.

Pixelworks' mailing address is 226 Airport Parkway Suite 595, San Jose CA, 95110. The semiconductor company can be reached via phone at 408-200-9200 or via email at [email protected]