NASDAQ:PI - Nasdaq - US4532041096 - Common Stock - Currency: USD
Impinj, Northern Technologies, and Seadrill have faced share price drops due to various causes, but investors also may have reason to be bullish on each.
Impinj has gotten torched over the last six months - since October 2024, its stock price has dropped 67.5% to $72.61 per share. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Three semiconductor stocks have over 25% short interest. Here's why short sellers may be wrong—and why these names could offer big upside.
Pi Network is set to unlock approximately 188 million tokens in March 2025, part of a broader token release schedule.
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Semiconductors are the silicon backbone of the digital revolution. Still, they’re subject to swings in the broader economy because customers often stockpile chips ahead of demand, and investors seem to believe that inventory levels are correcting - over the past six months, the industry has shed 16.9%. This drawdown was particularly disheartening since the S&P 500 stood firm.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the analog semiconductors industry, including Impinj (NASDAQ:PI) and its peers.
Retail sentiment on Stocktwits remains divided, with some investors anticipating a breakout rally post listing and others warning of a potential price correction once the initial hype fades.
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Leading AI chip stocks got a lift this week from hyperscale cloud computing companies reiterating their hefty data center spending plans.
Shares of RFID manufacturer Impinj (NASDAQ:PI) fell 25.9% in the pre-market session after the company reported disappointing fourth quarter results, with revenue slightly missing Wall Street estimates and next-quarter revenue, EBITDA, and earnings guidance falling significantly short. EBITDA also missed, suggesting profits are under pressure, while earnings came in roughly in line. Management is anticipating near-term headwinds, suggesting the company is not out of the woods yet. Overall, this
RFID manufacturer Impinj (NASDAQ:PI) missed Wall Street’s revenue expectations in Q4 CY2024, but sales rose 29.6% year on year to $91.57 million. Next quarter’s revenue guidance of $71.5 million underwhelmed, coming in 22.8% below analysts’ estimates. Its non-GAAP profit of $0.48 per share was in line with analysts’ consensus estimates.
RFID manufacturer Impinj (NASDAQ:PI) will be reporting results tomorrow after market hours. Here’s what investors should know.