Many Inphi Corporation(IPHI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Needham on Feb 8, 2017 to Strong Buy, Raises Price Target to $ 55 from a previous price target of $50 .Company shares were Upgraded by Cowen on Feb 8, 2017 to Outperform, Raises Price Target to $ 56 from a previous price target of $44 .Company shares were Reiterated by Cowen on Dec 22, 2016 to Market Perform, Raises Price Target to $ 44 from a previous price target of $41 .
Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Charles Roach (V.P. of Worldwide Sales) sold 10,000 shares at 48.25 per share price.On Jan 20, 2017, Ron Torten (Sr. VP of Operations & IT) sold 6,421 shares at 46.75 per share price.On Dec 2, 2016, Diosdado P Banatao (director) sold 7,000 shares at 45.85 per share price.
Inphi Corporation Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.44. The company had revenue of $80.90 million for the quarter, compared to analysts expectations of $76.23 million. The companys revenue was up 53.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.32 EPS.
Inphi Corporation (NYSE:IPHI) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.21 by 12 Brokerage Firm. 10 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 1 Brokerage Firms have advised hold.
Inphi Corporation (NYSE:IPHI): The stock price is expected to reach $ 54.92 in the short term. The number of analysts agreeing with this consensus is 12. The higher estimate for the short term price target is at $62 while the lower estimate is at $40. The standard deviation of the price stands at $7.46.
Inphi Corporation (NYSE:IPHI) rose 2.01% or 0.95 points on Tuesday and made its way into the gainers of the day. After trading began at $47.12 the stock was seen hitting $48.49 as a peak level and $46.881 as the lowest level. The stock ended up at $48.33. The daily volume was measured at 719,697 shares. The 52-week high of the share price is $51.28 and the 52-week low is $22.87. The company has a market cap of $1,992 million.
Inphi Corporation operates as a provider of fabless high-speed analog semiconductor solutions for the communications and computing markets. Its solutions provides interface between analog signals and digital information in high-performance systems such as telecommunications transport systems, enterprise networking equipment, datacenter and enterprise servers, storage platforms, test and measurement equipment and military systems. The Companys products are designed into systems sold by OEMs, including Agilent Technologies, Inc., Alcatel-Lucent, Cisco Systems, Inc., Danaher Corporation, Dell Inc., EMC Corporation, Hewlett-Packard Company, Huawei, International Business Machines Corporation and Oracle Corporation. Inphi Corporation is headquartered in Santa Clara, California