Expert Ratings For Impinj
Portfolio Pulse from Benzinga Insights
In the past three months, 8 analysts have shared their insights on Impinj (NASDAQ:PI), with ratings ranging from bullish to bearish. The average 12-month price target has increased by 12.77% to $207.5. Analysts have raised their price targets, indicating positive sentiment. Impinj has shown strong financial performance with a 19.2% revenue growth rate, a 9.72% net margin, and a 9.82% ROE, but faces challenges with a high debt-to-equity ratio of 2.51.
October 21, 2024 | 2:00 pm
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POSITIVE IMPACT
Analysts have shown a positive sentiment towards Impinj, raising price targets and maintaining bullish ratings. The average 12-month price target has increased by 12.77% to $207.5. Impinj's strong financial performance is highlighted by a 19.2% revenue growth rate, a 9.72% net margin, and a 9.82% ROE. However, the company faces challenges with a high debt-to-equity ratio of 2.51.
The positive sentiment from analysts, as evidenced by raised price targets and bullish ratings, suggests a likely short-term price increase for Impinj. The company's strong financial performance supports this outlook. However, the high debt-to-equity ratio could pose risks, but the overall impact is positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100