Inphi stock: buy or sell?

IPHI stock price: $63.46 1.73% At close on September 20th, 2019

Updated on:
September 20th, 2019

3

Inphi shares escalated 1.73% to $63.46 today.

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

Should I buy Inphi stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that fits your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Inphi stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean IPHI will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Inphi stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we detected 15 ratings published for IPHI stock in the last month.

The general sentiment of these ratings is bullish for IPHI stock, with 13 positive ratings.
Is IPHI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-20Bank of American/aBuy
2019-8-2Morgan Stanleyn/aEqual Weight
2019-8-2Craig Hallumn/aBuy
2019-8-2Craig Hallumn/aBuy
2019-8-2Cowenn/aOutperform
2019-8-2Cowenn/aOutperform
2019-8-2B. Rileyn/aNeutral
2019-7-8Craig Hallumn/aBuy
2019-7-18Barclaysn/aOverweight
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

Inphi stock analysis

Daily outlook

Inphi closed today at $63.46 and escalated a nice 1.73%.

Inphi ended today at $63.46 and escalated a nice 1.73%. Since price and SMA100d lines crossed up on May, IPHI climbed $20.93 (49.21%). On August 8th, IPHI hit a new all time high, pushing higher than on Aug 7th tops. Check different trading setups that use ATHs as triggers.

IPHI stock chart (daily)

Weekly outlook

Inphi shares gained 1.31% this week, ending at $63.46.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $66.56 resistance. Not so far away is the last price record Inphi marked early August. Since early January when IPHI stock price broke up the SMA40w line, it gained $32.62 (105.77%). Since mid February when SMA10w and SMA20w crossed up, IPHI price gained $21.64 per share (51.75%).

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 surged a 310.70%, with an average of 38.80% per year. If you had invested right after IPHI's IPO a $1,000 in Inphi stock in 2010, it would worth $3,107.00 today.

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

Inphi stock historical price chart

IPHI stock reached all-time highs on August/8 with a price of $66.56.

Inphi stock price target is $60.10

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 14 price predictions for IPHI stock posted in the last 30 days:
IPHI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-20Bank of AmericaUpgrades$75.00$80.006.7%
2019-8-2Morgan StanleyRaises Target$45.00$60.0033.3%
2019-8-2Craig HallumReiterates$62.00$70.0012.9%
2019-8-2Craig HallumRaises Target$62.00$70.0012.9%
2019-8-2CowenReiterates$53.00$69.0030.2%
2019-8-2CowenRaises Target$53.00$69.0030.2%
2019-8-2B. RileyRaises Target$45.00$51.0013.3%
2019-7-8Craig HallumReiterates$53.00$62.0017%
2019-7-18BarclaysRaises Target$50.00$65.0030%
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-
(in average)$53.50$60.1012.0%
The price target for Inphi stock is $60.10, moving in a range between $80.00 and $45.00. In average, analysts' outlook on IPHI price target is positive, increasing the target by a 12.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Inphi published its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update 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 chilling decrease of -15.43% to $294.49 M dollars. Aligned with this, its profit margin (compared to revenues) plunged to -32.51%, that is $-95.75 million.

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 million dollars. If we compare this TTM figures with the last reported annuality, we can esteem Inphi business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, jumped an excellent 7.50%. Regarding profit margin, Inphi grew 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 posted $82.22 M in sales for 2019-Q1, a -4.98% decline compared to previous quarter. Reported quarter earnings marked $-22.75 million with a profit margin of -27.66%. Profit margin declined a -2.66% compared to previous quarter when profit margin was -25.00%. When comparing turnover to same quarter last year, Inphi sales marked an outstanding gain and boosted 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 buy a company, 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 context understanding, the following table shows ownership data compared to other related companies:

IPHIADICSCOMTSIMU
Market cap$2.9 B$42.6 B$212.3 B$1.5 B$54.6 B
Total shares45.4 M369.4 M4,280.0 M66.1 M1,110.0 M
Float shares44.7 M367.9 M4,240.0 M45.8 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

Friday, September 20th, 2019
Open$62.80
Close$63.46
Day range$62.30 - $64.75
Previous close$62.38
Session gain1.73%
Average true range$2.22
50d mov avg$62.03
100d mov avg$55.02
200d mov avg$47.48
Daily pattern
Weekly pattern lb02a

Inphi performance

To better understand Inphi performance you must becnhmark its gains with other related stocks in same sector or industry. For Inphi, the comparison is made against Analog Devices, Cisco Systems, MACOM Technology Solutions, Micron Technology, Semtech and Texas Instruments.
Stock3m6m12m
IPHIInphi26.95%47.58%73.15%
ADIAnalog Devices1.97%8.53%24.56%
CSCOCisco Systems-12.48%-4.76%4.95%
MTSIMACOM Technology ...54.12%24.87%4.81%
MUMicron Technology47.85%18.12%9.88%
SMTCSemtech2.46%-10.35%-17.17%
TXNTexas Instruments13.45%16.94%18.46%

Inphi competitors

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