Assessing Impinj: Insights From 14 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 14 analysts have shared their evaluations of Impinj (NASDAQ:PI), with a mix of bullish and somewhat bullish ratings. Analysts have set a 12-month average price target of $158.0, with a high of $200.00 and a low of $125.00. Recent actions include several analysts raising their price targets, reflecting positive sentiment. Despite a decline in revenue growth, Impinj shows strong profitability and financial health, though it faces challenges in debt management.
June 05, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analysts have mixed views on Impinj, with a majority being bullish. The average 12-month price target is $158.0, reflecting positive sentiment. Despite a decline in revenue growth, Impinj shows strong profitability and financial health, though it faces challenges in debt management.
The majority of analysts are bullish on Impinj, with several raising their price targets. This positive sentiment is likely to boost the stock price in the short term. However, the decline in revenue growth and high debt-to-equity ratio may temper gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100