NASDAQ:PXLWPixelworks Stock Price, Forecast & News

Pixelworks' stock was trading at $3.63 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PXLW shares have increased by 5.5% and is now trading at $3.83. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pixelworks in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pixelworks.

Pixelworks is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Pixelworks.

Pixelworks, Inc. (NASDAQ:PXLW) issued its quarterly earnings data on Thursday, April, 30th. The semiconductor company reported ($0.07) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.09) by $0.02. The semiconductor company had revenue of $13.77 million for the quarter, compared to analyst estimates of $13.80 million. Pixelworks had a negative net margin of 22.17% and a negative return on equity of 17.50%. During the same quarter in the prior year, the firm earned ($0.04) EPS. View Pixelworks' earnings history.

Pixelworks updated its first quarter 2020 Pre-Market earnings guidance on Tuesday, April, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $13.8-13.8 million, compared to the consensus revenue estimate of $14.02 million.

1 Wall Street analysts have issued twelve-month price objectives for Pixelworks' stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate Pixelworks' share price to reach $5.00 in the next twelve months. This suggests a possible upside of 30.5% from the stock's current price. View analysts' price targets for Pixelworks.

Media stories about PXLW stock have trended somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by reviewing 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 positive five, with scores closest to five being the most favorable. Pixelworks earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutPixelworks.

Pixelworks saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 574,400 shares, a decrease of 14.9% from the April 30th total of 675,000 shares. Based on an average trading volume of 430,200 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.7% of the shares of the stock are short sold. View Pixelworks' Current Options Chain.

Some companies that are related to Pixelworks include Ichor (ICHR), Himax Technologies (HIMX), Sitime (SITM), NeoPhotonics (NPTN), DSP Group (DSPG), Magnachip Semiconductor (MX), Adesto Technologies (IOTS), NVE (NVEC), Alpha and Omega Semiconductor (AOSL), AXT (AXTI), Applied Optoelectronics (AAOI), Atomera (ATOM), GSI Technology (GSIT), Sequans Communications (SQNS) and Resonant (RESN). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pixelworks investors own include NVIDIA (NVDA), Inovio Pharmaceuticals (INO), Advanced Micro Devices (AMD), Micron Technology (MU), Himax Technologies (HIMX), LightPath Technologies (LPTH), Rite Aid (RAD), Crispr Therapeutics (CRSP), JD.Com (JD) and Cisco Systems (CSCO).

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

Pixelworks' stock is owned by a number of institutional and retail investors. Top institutional shareholders include WINTON GROUP Ltd (0.99%), Acadian Asset Management LLC (0.97%), Federated Hermes Inc. (0.80%), Geode Capital Management LLC (0.78%), UBS Group AG (0.52%) and Russell Investments Group Ltd. (0.45%). Company insiders that own Pixelworks stock include Daniel Heneghan, 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 Two Sigma Investments LP, UBS Group AG, State Street Corp, Spark Investment Management LLC, and Engineers Gate Manager LP. View insider buying and selling activity for Pixelworks.

PXLW stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Acadian Asset Management LLC, WINTON GROUP Ltd, Russell Investments Group Ltd., Squarepoint Ops LLC, Jane Street Group LLC, Geode Capital Management LLC, and Raymond James & Associates. 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 activity 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 $3.83.

Pixelworks has a market capitalization of $150.40 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.

The official website for Pixelworks is 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]