Zacks Rating on Xilinx (XLNX)

Xilinx (XLNX) : 15 analysts are covering Xilinx (XLNX) and their average rating on the stock is 2.4, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 9 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Xilinx (XLNX) : The consensus price target for Xilinx (XLNX) is $50.92 for the short term with a standard deviation of $4.29. The most optimist securities analyst among the 13 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $45.


Shares of Xilinx Inc. rose by 4.43% in the last five trading days and 12.24% for the last 4 weeks. Xilinx Inc. is up 14.6% in the last 3-month period. Year-to-Date the stock performance stands at 17.41%. Xilinx (NASDAQ:XLNX): stock turned positive on Tuesday. Though the stock opened at $53.85, the bulls momentum made the stock top out at $54.13 level for the day. The stock recorded a low of $53.75 and closed the trading day at $54.03, in the green by 0.69%. The total traded volume for the day was 1,931,504. The stock had closed at $53.66 in the previous days trading.

Xilinx, Inc. (Xilinx) designs and develops programmable devices and associated technologies. The Companys programmable devices and associated technologies include integrated circuits (IC) in the form of programmable logic devices (PLD); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs). Its product portfolio is designed to provide integration for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement.

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