Brokerages Set Pixelworks, Inc. (NASDAQ:PXLW) Price Target at $14.25

Pixelworks, Inc. (NASDAQ:PXLW) has earned an average rating of “Moderate Buy” from the five ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $14.25.

Several equities analysts have weighed in on PXLW shares. Roth Capital dropped their price target on Pixelworks from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Wall Street Zen upgraded Pixelworks from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Weiss Ratings restated a “sell (d-)” rating on shares of Pixelworks in a report on Wednesday, October 8th. Finally, UBS Group reaffirmed a “buy” rating on shares of Pixelworks in a research note on Wednesday, October 15th.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Baird Financial Group Inc. boosted its holdings in shares of Pixelworks by 7.3% during the first quarter. Baird Financial Group Inc. now owns 4,571,669 shares of the semiconductor company’s stock worth $2,866,000 after purchasing an additional 309,594 shares during the last quarter. Vanguard Group Inc. boosted its stake in Pixelworks by 2.5% in the 3rd quarter. Vanguard Group Inc. now owns 277,394 shares of the semiconductor company’s stock worth $3,040,000 after buying an additional 6,796 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in Pixelworks in the 3rd quarter worth about $155,000. 21.37% of the stock is currently owned by institutional investors and hedge funds.

Pixelworks Stock Performance

Shares of PXLW opened at $6.36 on Monday. Pixelworks has a 12-month low of $4.67 and a 12-month high of $15.42. The stock has a market cap of $40.00 million, a P/E ratio of -1.35 and a beta of 1.58. The company has a current ratio of 2.59, a quick ratio of 2.27 and a debt-to-equity ratio of 0.50. The company has a 50-day moving average of $6.49 and a two-hundred day moving average of $8.44.

Pixelworks (NASDAQ:PXLW) last issued its quarterly earnings data on Wednesday, November 12th. The semiconductor company reported ($0.69) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.86) by $0.17. Pixelworks had a negative net margin of 73.07% and a negative return on equity of 490.11%. The business had revenue of $8.77 million during the quarter, compared to analysts’ expectations of $9.00 million. As a group, research analysts predict that Pixelworks will post -0.27 EPS for the current fiscal year.

Pixelworks Company Profile

Pixelworks, Inc (NASDAQ:PXLW) is a provider of video processing semiconductors and software solutions designed to enhance display performance across a range of consumer and commercial applications. The company’s core offerings include high-performance video processing SoCs, pixel processing silicon, and accompanying firmware that deliver advanced image enhancement, color calibration, and high-dynamic-range (HDR) support. These solutions are tailored to improve picture quality, reduce latency, and optimize power consumption in digital displays.

Pixelworks’ product portfolio addresses diverse end markets such as digital projectors, flat-panel televisions, set-top boxes, mobile devices, automotive infotainment displays, and digital signage.