Pixelworks Approves Reverse Stock Split at Shareholder Meeting

Pixelworks ( (PXLW) ) has shared an update.

On May 23, 2025, Pixelworks, Inc. held its Annual Meeting of Shareholders, where several key proposals were voted on. The shareholders approved a reverse stock split at a ratio of 1-for-12, effective June 6, 2025, impacting the company’s stock trading on Nasdaq. Additionally, amendments to increase shares for the stock incentive plan and executive compensation were approved, along with the appointment of Grant Thornton LLP as the independent auditor. These decisions reflect strategic adjustments to enhance shareholder value and streamline corporate governance.

The most recent analyst rating on (PXLW) stock is a Buy with a $1.50 price target. To see the full list of analyst forecasts on Pixelworks stock, see the PXLW Stock Forecast page.

Spark’s Take on PXLW Stock

According to Spark, TipRanks’ AI Analyst, PXLW is a Neutral.

Pixelworks is currently struggling with substantial financial challenges, as reflected in its low financial performance score. Technical indicators suggest a bearish trend but do not indicate oversold conditions, while the valuation remains unattractive due to lack of profitability. The earnings call highlights some strategic efforts, but these are outweighed by ongoing financial losses and revenue pressures.

To see Spark’s full report on PXLW stock, click here.

More about Pixelworks

Pixelworks, Inc. operates in the technology industry, focusing on providing innovative video and display processing solutions. The company is known for its advanced visual display technology and caters to various markets including consumer electronics, professional displays, and digital signage.

Average Trading Volume: 219,206

Technical Sentiment Signal: Sell

Current Market Cap: $31.48M

For an in-depth examination of PXLW stock, go to TipRanks’ Stock Analysis page.