Impinj Inc. (NASDAQ: NASDAQ:PI ) sent shockwaves through the semiconductor industry as its stock soared by 26% in after-hours trading following an impressive earnings report that surpassed Wall Street's expectations. The Seattle-based Internet-of-Things chip maker delivered a beat-and-raise performance, igniting optimism among investors and driving a surge in...
After breaking the $100 psychological key level, a trend line and the middle channel line above I'd see the upside to continue. Areas marked to look out for. Target at $114.
Impinj, Inc. (NASDAQ: NASDAQ:PI ), a prominent RAIN RFID provider and trailblazer in the Internet of Things (IoT) landscape, has announced the successful resolution of its patent litigation with NXP Semiconductors N.V. The settlement, detailed in an 8-K filing with the U.S. Securities and Exchange Commission, marks the conclusion of a prolonged legal battle,...
Impinj Inc. (NASDAQ: NASDAQ:PI ) has set the stage for a compelling narrative as its shares soared 11.7% in after-market trade following the announcement of robust preliminary earnings results for the fourth quarter of 2023. The RFID manufacturer's stellar performance has not only exceeded its own guidance but has also defied expectations, providing investors...
$PI is just below the buy point. It did a very good volume yesterday. RSI broke the trendline as well. Watch for a breakout of $29.95
12 months Consensus Price Target: $32.67
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