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MXWL $4.48

MXWL target price
4.48
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0
Maxwell Technologies
Type
Corporation
Industry Energy storage
Founded 1965
Headquarters 3888 Calle Fortunada,
San Diego, CA 92123, United States
Key people
Franz Fink, President and CEO
Products Ultracapacitors
High-voltage capacitors
Engine Start Module (ESM)
Backup power systems
Power modules
Number of employees
492
Website maxwell.com

Maxwell Technologies is an American developer and manufacturer headquartered in San Diego, California. The company focuses on developing and manufacturing energy storage and power delivery solution-related products for automotive, heavy transportation, renewable energy, backup power, wireless communications and industrial and consumer electronics applications.

The company was founded in 1965 as Maxwell Laboratories Inc. by Raymond C. O'Rourke, Alan Kolb, Bruce Hayworth, and Terrence C. Gooding in San Diego, California. Maxwell Laboratories was originally a government contractor, providing advanced physics, pulsed power, space effects analysis and other research and development services to the U.S. military and other government agencies. The company began converting its focus to commercial applications for its technologies and products in the early 1990s, and now generates all of its revenue from commercial sources. In 1996, Maxwell Laboratories, Inc. changed its name to Maxwell Technologies, Inc.

Maxwell Energy Products, a division that included the Maxwell High Voltage Capacitor product line, was acquired in March 2000 by General Atomics, eventually merging into General Atomics Electronic Systems, Inc. in 2003.

In 2007, Maxwell Technologies won $3 million contract from Astrium Satellites to supply computers for European Space Agency’s ‘Gaia’ Astronomy mission. Maxwell supplied seven Maxwell SCS750 SBCs to process images and data gathered by the satellite’s camera.

In November 2013, Maxwell Technologies opens manufacturing facility in Peoria, Arizona.

In December 2013, Maxwell Technologies signed a memorandum of understanding (MOU) with SK Innovation to develop the next generation energy storage solution with Maxwell’s ultracapacitors and SK’s lithium-ion batteries.

In April 2016, Maxwell completed its sale of the Microelectronics product line to Data Device Corporation.

In April 2017, Maxwell Technologies completed the acquisition of the Nesscap Energy Business.

Maxwell Technologies is headquartered in San Diego, California and principal operations are currently located in both San Diego, California and Peoria, Arizona. The company also has European bases of operations in Rossens, Switzerland and München, Germany and Asia base of operation in Shanghai, China and Seoul, Korea. Currently, the company employs approximately 492 people worldwide.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2019 2019-05-01 0.00 -0.38
Q4 2018 2019-02-14 0.00 -0.52
Q3 2018 2018-11-06 -0.16 0.00

Ratings

2016-05-23 Initiated Coverage Roth Capital Neutral $6.00
2016-05-04 Reiterated Rating Canaccord Genuity Hold
2016-04-12 Reiterated Rating Canaccord Genuity Hold
2016-02-17 Lower Price Target Canaccord Genuity Hold $6.00 to $5.50
2015-11-01 Reiterated Rating Canaccord Genuity Hold $6.00
2015-09-25 Reiterated Rating Canaccord Genuity Hold $6.00
2015-09-15 Reiterated Rating Cowen and Company Buy $7.00
2015-09-15 Reiterated Rating Canaccord Genuity Hold $5.50
2015-09-10 Initiated Coverage Oppenheimer Market Perform
2015-09-10 Initiated Coverage Oppenheimer Holdings Inc. Market Perform
2015-08-01 Reiterated Rating Cowen and Company Buy $9.00 to $7.00
2015-07-31 Reiterated Rating Canaccord Genuity Hold $7.00 to $5.50
2015-06-17 Upgrade Northland Securities Market Perform to Outperform $7.00
2015-04-27 Downgrade Ardour Capital Accumulate to Hold $12.00 to $7.00
2015-04-24 Downgrade Canaccord Genuity Buy to Hold $9.00 to $7.00
2015-03-26 Boost Price Target Northland Securities Market Perform $6.00 to $8.00
2015-02-06 Set Price Target Canaccord Genuity Buy $9.00
2015-02-06 Downgrade Northland Securities Outperform to Market Perform $14.00 to $6.00
2014-10-15 Initiated Coverage Canaccord Genuity Buy $14.00
2014-09-24 Reiterated Northland Capital Outperform $12 to $13
2014-09-24 Boost Price Target Northland Securities Outperform $12.00 to $13.00
2014-09-11 Initiated Coverage Cowen and Company Outperform $12.00
2014-08-12 Initiated Coverage Northland Securities Outperform $12.00
2014-08-01 Lower Price Target Roth Capital $15.00
2014-08-01 Lower Price Target Piper Jaffray $22.00 to $18.00
2014-08-01 Lower Price Target Piper Jaffray Cos. $22.00 to $18.00
2014-07-24 Reiterated Rating Piper Jaffray Overweight $25.00 to $22.00
2014-05-17 Reiterated Rating Sidoti Buy $21.00
2014-05-09 Reiterated Rating Sidoti Buy $21.00
2014-05-02 Boost Price Target Ardour Capital Accumulate $11.00 to $17.00
2014-05-02 Reiterated Rating Citigroup Inc. Neutral to Buy $20.00
2014-05-02 Upgrade Roth Capital Neutral to Buy $10.00 to $20.00
2014-05-01 Reiterated Rating Sidoti Buy $21.00
2014-04-23 Reiterated Rating Sidoti Buy $21.00
2014-04-22 Initiated Coverage Sidoti Buy $21.00
2014-03-05 Boost Price Target Piper Jaffray $21.00
2014-02-21 Boost Price Target Ardour Capital Accumulate $9.00 to $11.00
2014-01-17 Upgrade Piper Jaffray Neutral to Overweight $8.50 to $11.00
2013-11-29 Reiterated Rating Piper Jaffray Neutral $8.00 to $8.50
2013-10-25 Upgrade Ardour Capital Hold to Accumulate $9.00
2013-09-19 Downgrade Piper Jaffray Overweight to Neutral
2013-09-18 Upgrade Piper Jaffray Neutral to Overweight $8.00 to $13.50
2012-10-26 Downgrade Ardour Capital Accumulate to Hold $9 to $7.50
2012-08-03 Reiterated Needham Buy $18 to $10
2012-04-27 Downgrade Canaccord Genuity Buy to Hold $14
2012-02-17 Downgrade Robert W. Baird Outperform to Neutral $21
2012-01-27 Initiated Canaccord Genuity Buy $24
2010-10-29 Downgrade Ardour Capital Buy to Accumulate $17.50 to $17.50
2010-07-30 Reiterated Stifel Nicolaus Buy $21 to $20
2010-04-30 Upgrade Ardour Capital Accumulate to Buy $17.50
2010-02-19 Upgrade Ardour Capital Reduce to Accumulate $16 to $17
2009-11-04 Downgrade Piper Jaffray Neutral to Underweight
2009-11-04 Downgrade Ardour Capital Accumulate to Reduce $16
2009-09-10 Initiated Wedbush Morgan Outperform $18
2009-08-07 Reiterated Roth Capital Buy $14 to $17
2016-05-23 Initiated Coverage Roth Capital Neutral $6.00
2016-05-04 Reiterated Rating Canaccord Genuity Hold
2016-04-12 Reiterated Rating Canaccord Genuity Hold
2016-02-17 Lower Price Target Canaccord Genuity Hold $6.00 to $5.50
2015-11-01 Reiterated Rating Canaccord Genuity Hold $6.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Golubovich Ilya 5.48%  (1639702) MXWL /
Fink Franz President and CEO 2.14%  (641316) MXWL /
Buchheim Jorg 1.13%  (336834) MXWL /
ROSSI MARK 0.63%  (189778) CATM / MXWL /
Schramm David CEO and President 0.60%  (178643) MXWL /
GUYETT ROBERT L 0.45%  (135510) MXWL / NEWP /
Goeschel Burkhard 0.42%  (125947) MXWL /
WARWICK JOHN Chief Operating Officer 0.30%  (90827) ELX / MXWL /
JORDEN YON 0.29%  (87843) BIOS / CPST / MAG / MXWL /
Lyle David Chief Financial Officer 0.28%  (84346) ENTR / MXWL /
HOWSMON ROGER L 0.28%  (82843) MXWL /
SCHLOTTERBECK DAVID L 0.25%  (75830) JNPR / MXWL /
ROYAL KEVIN SVP, CFO, & Treasurer 0.23%  (70141) BPI / MXWL /
KREIGLER GEORGE III Sr. VP Worldwide Operations 0.23%  (69959) MXWL /
Andrews Van M. SVP, Sales & Marketing 0.19%  (56589) MXWL /
LAVIGNE JEAN 0.18%  (53658) MXWL /
CORTES JOSE 0.17%  (50335) MXWL /
Bergman Rick 0.09%  (27995) MXWL / SYNA /
BILODEAU STEVEN J 0.06%  (16569) CNXT / COHU / MXWL /
HUMPHREY CHRISTOPHER VP of Marketing and Bus. Dev. 0.02%  (5180) MXWL /