Inphi stock: buy or sell?

IPHI stock price: $59.56 -0.27% At close on July 16th, 2019

Updated on:
July 16th, 2019

4

Inphi remained constant -0.27% to $59.56 after yesterday all time highs. Last session broke a streak of 4 green days in a row.

Inphi Corporation provides high-speed analog and mixed signal semiconductor solutions for the communications, datacenter, and computing markets worldwide.

Should I buy Inphi stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups match with Inphi stock now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Inphi stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 9 ratings published for IPHI stock in the last month.

The general sentiment of these ratings is bullish for IPHI stock, with 9 positive ratings.
Is IPHI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-8Craig Hallumn/aBuy
2019-5-6Bank of AmericaUnderperformBuy
2019-5-1JPMorgan Chase & Co.OverweightBuy
2019-3-6Deutsche BankBuyBuy
2019-2-20Citigroupn/aBuy
2019-1-30Needham & Company LLCIn-LineBuy
2019-1-30Citigroupn/aBuy
2019-1-28DA DavidsonNeutralBuy
2019-1-11Citigroupn/aBuy

Inphi stock analysis

Daily outlook

Inphi remained stable -0.27% to $59.56 after yesterday all time highs.

Inphi remained constant -0.27% today to $59.56 after reaching all time highs yesterday. From a daily perspective, IPHI is in a short term uptrend after plotting its last bottom ($51.52, on Jul 5th) higher than the previous bottom, and its last top ($60.13, yesterday) also over the previous top. Now trading in between its last bottom and last top IPHI might consolidate in a plain range, waiting to break out over $60.13 or down under $51.52. Since May when IPHI stock price broke up the SMA100d line, it gained $17.03 (40.04%). Yesterday, IPHI hit new all time highs, pushing higher previous ATH of $59.01 recorded on Friday. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

IPHI stock chart (daily)

Weekly outlook

After boosting a dazzling 11.93% in a week last week, Inphi closed this week at $59.56 and appreciated a slightly good 1.38%. Counting this, it's been 5 green weeks in a row, gaining $13.80 or 30.33%.

Price pattern shows an uptrend with two rising tops and bottoms, and now finally trading above the $51.83 resistance. It hit new all-time highs again this week, setting highs to $60.13. Since price and SMA40w lines crossed up early January, IPHI climbed $28.72 (93.13%). Since late August 2018 when SMA20w and SMA40w crossed up, IPHI price gained $26.71 per share (81.31%).

IPHI stock chart (weekly)

Inphi stock price history

Inphi stock went public on November 12th, 2010 with a price of $15.451. Since then, IPHI stock grew a 285.50%, with a yearly average of 35.70%. If you had invested $1,000 in Inphi stock in 2010, it would worth $2,855.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Inphi stock historical price chart

IPHI stock reached all-time highs yesterday with a price of $60.13.

Inphi stock price target is $49.70

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 7 price targets for IPHI stock:
IPHI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-8Craig HallumReiterates$53.00$62.0017%
2019-5-1JPMorgan Chase & Co.Raises Target$46.00$55.0019.6%
2019-3-6Deutsche BankRaises Target$45.00$50.0011.1%
2019-2-20CitigroupRaises Targetn/a$50.00-
2019-1-30Needham & Company LLCRaises Targetn/a$46.00-
2019-1-30CitigroupReiteratesn/a$45.00-
2019-1-11CitigroupInitiatesn/a$40.00-
(in average)$48.00$49.704.0%
Moving in a range from $62.00 and $40.00, the price target for Inphi stock is $49.70. In average, analysts' outlook on IPHI price target is positive, increasing the forecast by a 4.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when Inphi presented its last earnings report, it rocketed an exceptional 28.11%. As soon as we get its actual EPS from the earnings report, we will extend this report.
IPHI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a-0.36n/a
2017-Q32017-10-310.360.360.0%
2017-Q42018-02-070.350.375.7%
2018-Q12018-04-24-0.34-0.29n/a
2018-Q22018-07-24-0.23-0.22n/a
2018-Q32018-11-01-0.09-0.07n/a
2018-Q42019-01-290.050.0980.0%
2019-Q12019-04-220.28n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a hair-raising drop down of -15.43% to $294.49 M dollars. When comparing 2018 vs 2017, in line, profit margin (that is, the net income divided by revenues) plummed a -11.00% to -32.51%.

To have an updated view of the financial situation of Inphi, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Inphi TTM sales up to March 2019 were $316.58 and income was $-95.51 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Inphi business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, escalated an excellent 7.50%. Regarding profit margin, Inphi stepped up 2.35% to -32.51%

IPHI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$103 M-$-13.18 M-12.8%-
2014$156 M52.10%$-22.61 M-14.5%71.53%
2015$247 M57.94%$-13.55 M-5.5%-40.06%
2016$266 M7.97%$99 M37.4%-833.94%
2017$348 M30.77%$-74.90 M-21.5%-175.31%
2018$294 M-15.43%$-95.75 M-32.5%27.83%
TTM $317 M7.50%$-95.51 M-30.2%-0.26%

Quarterly financial results

Inphi reported $82.22 million in revenues for 2019-Q1, a -4.98% less compared to previous quarter. Reported quarter earnings marked $-22.75 million with a profit margin of -27.66%. Profit margin decreased a -2.66% compared to previous quarter when profit margin was -25.00%. When comparing sales to same quarter last year, Inphi sales marked a super good gain and skyrocketed a 36.73%.
IPHI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$84 M-$-14.97 M-17.7%-
2017-Q3$85 M0.11%$-48.77 M-57.7%225.78%
2017-Q4$86 M1.39%$0.10 M0.1%-100.21%
2018-Q1$60 M-29.82%$-22.99 M-38.2%-22,640.20%
2018-Q2$70 M16.09%$-28.46 M-40.8%23.80%
2018-Q3$78 M11.74%$-22.67 M-29.1%-20.37%
2018-Q4$87 M10.92%$-21.63 M-25.0%-4.56%
2019-Q1$82 M-4.98%$-22.75 M-27.7%5.15%

Inphi ownership

When you are planning to invest in shares of a stock, it's always worth to review its ownership structure.

Inphi shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 2.01% of all shares.

Bearish positions for IPHI stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related companies:

IPHIADICSCOMTSIMU
Market cap$2.7 B$42.7 B$246.6 B$1.0 B$47.8 B
Total shares45.3 M369.8 M4,280.0 M65.7 M1,110.0 M
Float shares44.5 M368.5 M4,280.0 M45.5 M1,100.0 M
  - Institutional holdings (%)118.0%92.5%77.3%78.8%80.1%
  - Insider holdings (%)2.0%0.3%0.1%30.7%0.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Inphi summary

Tuesday, July 16th, 2019
Open$59.17
Close$59.56
Day range$58.38 - $60.01
Previous close$59.72
Session gain-0.27%
Average true range$1.81
50d mov avg$48.59
100d mov avg$46.77
200d mov avg$41.17
Daily patternlt06a
Weekly pattern lb02c

Inphi performance

To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Inphi to Analog Devices, Cisco Systems, MACOM Technology Solutions, Micron Technology, Semtech and Texas Instruments:
Stock3m6m12m
IPHIInphi27.54%70.71%78.59%
ADIAnalog Devices1.14%27.74%20.52%
CSCOCisco Systems2.80%29.57%40.91%
MTSIMACOM Technology ...-5.18%-6.66%-34.90%
MUMicron Technology-0.78%20.41%-21.74%
SMTCSemtech-7.50%-2.07%-1.61%
TXNTexas Instruments3.42%21.08%6.16%

Inphi competitors

We picked a few stocks to conform a list of Inphi competitors to review if you are interested in investing in IPHI: