Free Trial

After a 40% Drop, Analysts Remain Bullish on Impinj

Key Points

  • Impinj plunged as much as 40% in heavy volume after reporting disappointing first quarter results.
  • A half dozen analysts reiterated their bullish positions last week, ‘identifying’ the selloff as an attractive buy opportunity.
  • Long-term growth opportunities have analysts sticking with their bullish opinions.
  • Impinj recently announced 62% sales growth and is on pace for 51% EPS growth this year.
  • 5 stocks we like better than Impinj

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Already have an account? Log in here.

→ Does this make you sick? (From Allegiance Gold) (Ad)

Should you invest $1,000 in Impinj right now?

Before you consider Impinj, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Impinj wasn't on the list.

While Impinj currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Impinj (PI)
3.8856 of 5 stars
3.89 / 5 stars
$169.29+1.1%N/A-483.69Moderate Buy$157.33
Compare These Stocks  Add These Stocks to My Watchlist 


Featured Articles and Offers

The Best Single Stock to Own for 5 Years

The Best Single Stock to Own for 5 Years

In this video, we dive into the long-term investment game by discussing the potential of sticking with just one stock over the next five years.

Related Videos

Cathie Wood’s AMD Buy: Smart Move or Risky Business
AMD is Down 35%. Now is the Time to Buy the Dip
Skip Nvidia: Finding AI Stocks Beyond the Buzz

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines