Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ensilica PLC ( (GB:ENSI) ) has shared an update.
EnSilica plc has announced the release of two new Ku-band beamformer ICs designed for use in satellite user terminals, particularly for Eutelsat OneWeb and other European constellations. These ICs provide a low-power, low-cost solution, crucial for the high demand of beamformer ICs in each terminal, and are fabricated and tested in Europe, ensuring a sovereign supply chain. Supported by the European Space Agency and the UK Space Agency, these new products are expected to enhance satellite broadband connectivity and strengthen EnSilica’s position in the fast-growing satellite communications market.
Spark’s Take on GB:ENSI Stock
According to Spark, TipRanks’ AI Analyst, GB:ENSI is a Neutral.
EnSilica PLC’s overall score reflects strong corporate events and improving financial performance. The company’s notable contract wins and strategic partnerships bolster growth prospects. However, the stock faces challenges from bearish technical indicators and a negative P/E ratio, indicating current profitability issues.
To see Spark’s full report on GB:ENSI stock, click here.
More about Ensilica PLC
EnSilica plc is a leading fabless design house specializing in custom ASIC design and supply for OEMs and system houses, along with IC design services for companies with their own design teams. The company is renowned for its expertise in custom RF, mmWave, mixed signal, and digital ICs, serving international customers across the automotive, industrial, healthcare, and communications markets. Headquartered near Oxford, UK, EnSilica has design centers in the UK, Bangalore, India, and Porto Alegre and Campinas, Brazil.
Average Trading Volume: 155,201
Technical Sentiment Signal: Sell
Learn more about ENSI stock on TipRanks’ Stock Analysis page.
Trending Articles:
- RTO Doesn’t Always Mean RTO: Microsoft Stock (NASDAQ:MSFT) Notches Up as Salespeople Find Exemption
- This Was Not the First Bid: Warner Bros. Discovery Stock (NASDAQ:WBD) Gains as it Rejected Three Bids from Paramount So Far
- ‘Paramount Can Walk Away with Warner Bros.’ Say TD Cowen and Benchmark Analysts