PXLW Stock Summary and Trading Ideas (Pixelworks | NASDAQ:PXLW)

Pixelworks Inc is a provider of visual processing semiconductor and software solutions that enable consistently high-quality and authentic viewing experiences in a wide variety of applications. The company defines its key target markets as Mobile (smartphone and tablet), Home and Enterprise (projectors, personal video recorders (PVR), and over-the-air (OTA) streaming devices), and Cinema (creation, remastering, and delivery of digital video content). The company operates in one segment: the design, development, marketing and sale of IC solutions for use in electronic display devices. The company generates its revenue from two broad product markets: the Mobile market and the Home and Enterprise market. The majority of the revenue is earned in China.

Pixelworks trades on the NASDAQ stock market under the symbol PXLW.

As of January 17, 2025, PXLW stock price climbed to $0.81 with 720,692 million shares trading.

PXLW has a market cap of $47.50 million. This is considered a Sub-Micro Cap stock.

Last quarter Pixelworks reported $10 million in Revenue and -$.12 earnings per share. This beat revenue expectation by $27,000 and exceeded earnings estimates by $.01.

In the last 3 years, PXLW traded as high as $3.86 and as low as $.61.

The top ETF exchange traded funds that PXLW belongs to (by Net Assets): VTI, VXF, IWC.

PXLW has underperformed the market in the last year with a price return of -37.5% while the SPY ETF gained +28.0%. PXLW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -8.7% and -0.3%, respectively, while the SPY returned +3.0% and +1.0%, respectively.

PXLW support price is $.69 and resistance is $.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PXLW shares will trade within this expected range on the day.