NASDAQ:PI

Impinj Faces New Week After Friday Loss

Impinj Faces New Week After Friday Loss

Impinj shares fell 3.75% to $151.00 Friday, trimming gains from earlier in the week but closing above last week’s $149.76. CFO Cary Baker will speak June 2 at the Evercore Global TMT Conference. The company recently forecast second-quarter revenue of $103–106 million and adjusted EBITDA of $27.8–29.3 million. Management continues to flag macroeconomic uncertainty despite strong guidance.
May 31, 2026

Stock Market Today

  • Lloyds Banking Group Shares Poised for 15% Growth in June, Analysts Say
    May 31, 2026, 9:30 AM EDT. Analysts forecast Lloyds Banking Group (LSE: LLOY) shares to rise around 15% from current levels, with an average price target of 115p. The stock has already surged 32% in 12 months and 103% over five years. Lloyds' 2026 guidance includes net interest income exceeding £14.9 billion, a cost-to-income ratio under 50%, and a return on tangible equity above 16%, underpinning its valuation around a forward price-to-earnings ratio of 10. Market watchers await the bank's first-half earnings update on July 30, which may catalyse further movement. Additionally, Lloyds' planned expansion into U.S. infrastructure and data centre investments, tied to artificial intelligence trends, has sparked investor interest, potentially boosting share prices in the near term.