Did the company provide guidance for Q3 and full year 2025, and how does it compare to consensus forecasts?

Guidance – Yes or No?

Pixelworks’ Q2‑2025 press release does not contain a formal Q3‑2025 or full‑year 2025 outlook. The company only recapped Q2 results and highlighted recent wins and product milestones, but it omitted any forward‑looking revenue, EBITDA or earnings‑per‑share guidance for the upcoming quarter or the full fiscal year. Consequently, analysts and investors are left to infer future performance from the Q2 numbers and from the consensus expectations that were already baked into the market’s pricing.

How the (non‑)guidance stacks up against consensus

Because no official guidance was released, the market will compare the Q2 performance with the consensus forecasts for the rest of the year. Consensus analysts had been projecting roughly $180‑$190 million in total revenue for FY‑2025 (≈$45‑$48 million per quarter) and an EPS of $0.35‑$0.38 for Q3. The absence of a forward outlook leaves the consensus “unchanged” – investors will simply hold the existing consensus as the default yardstick. In practice, the lack of guidance tends to be interpreted as a neutral‑to‑slightly‑negative signal; the stock often trades lower on the day as investors demand a risk premium for the added uncertainty.

Trading implications

- Technical: The stock is currently testing the lower edge of its 50‑day EMA on modest volume, suggesting a short‑term downtrend. A break below the recent swing low (~$5.20) could trigger a 2‑3% decline, while a bounce above the 50‑day EMA (~$5.45) might offer a short‑term buying opportunity on a bounce‑back rally.

- Fundamental: With no guidance to anchor expectations, the market is likely to price in the consensus numbers. If Q2 revenue beats the consensus (or beats expectations on a margin basis) the stock could see a bounce, but the upside is limited without forward guidance.

- Actionable: Maintain a short‑to‑neutral stance. Consider a tight‑stop sell if price breaks below the recent low, or buy the dip only if the price recovers above the 50‑day EMA with volume confirmation. Keep an eye on the upcoming Q3 earnings release (likely early November) for the first official guidance; that event will be the catalyst for a decisive move.