Impinj, Inc. Common Stock | PI

Daily Technical Analysis of Impinj, Inc. Common Stock

Impinj is up a bit on the day, funds flowing in kept the price up 1.70% since yesterday.

Currently PI isn't at a clear support/resistance line that seems tradable. Impinj has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. PI might find some support at the 80.1 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Impinj By Price Target And Rating

The analysts feel fairly neutral on the prospects for Impinj but a little more positive than negative. The current Analysts Sentiment Score is 20.66. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-26 The Goldman Sachs Group increased their price target by 20% to $156.00. Needham & Company LLC boosted their price targ by 23.08% to $160.00 on 2024-04-25. Piper Sandler reiterated a rating of Overweight on 2024-04-25 and moved up their price target to $150.00 which is a 15.38% increase. Roth Mkm boosted their price targ by 16% to $145.00 on 2024-04-25. Susquehanna boosted their price targ by 7.69% to $140.00 on 2024-04-23. On 2024-04-16 Evercore ISI started covering Impinj with a rating of Outperform and provided a price target of $160.00. On 2024-03-14 Canaccord Genuity Group increased their price target by 15.38% to $150.00. Lake Street Capital decided to move down their price target on 2023-07-27 to $90.00 which is a -30.77% decrease. On 2023-06-26 BWS Financial started covering Impinj with a rating of Sell and added a price target of $45.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Impinj

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Impinj

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.