Mizuho Securities analyst Vijay Rakesh maintained a Hold rating on Xilinx Inc (NASDAQ:XLNX) on Thursday, setting a price target of $110, which is approximately 4.95% above the present share price of $104.81.
Rakesh expects Xilinx Inc to post earnings per share (EPS) of $0.66 for the third quarter of 2020.
The current consensus among 14 TipRanks analysts is for a Moderate Buy rating of shares in Xilinx, with an average price target of $103.31.
The analysts price targets range from a high of $120 to a low of $88.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $756.17 million and a net profit of $206.39 million. The company's market cap is $26.22 billion.
According to TipRanks.com, Mizuho Securities analyst Vijay Rakesh is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 19.0% and a 62.77% success rate.
Xilinx, Inc. engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support. The company was founded by Ross Freeman, Bernard Vonderschmitt, and James V. Barnett in February 1984 and is headquartered in San Jose, CA.