NASDAQ:PI - IMPINJ Stock Price, Forecast & News

IMPINJ trades on the NASDAQ under the ticker symbol "PI."

IMPINJ Inc (NASDAQ:PI) released its quarterly earnings results on Monday, November, 4th. The company reported $0.09 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.10. The business earned $40.76 million during the quarter, compared to analyst estimates of $38.21 million. IMPINJ had a negative net margin of 14.52% and a negative return on equity of 1.81%. The company's quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.05) earnings per share. View IMPINJ's Earnings History.

IMPINJ is scheduled to release their next quarterly earnings announcement on Monday, March 2nd 2020. View Earnings Estimates for IMPINJ.

IMPINJ will be holding an earnings conference call on Monday, March 2nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

IMPINJ updated its fourth quarter earnings guidance on Monday, November, 4th. The company provided earnings per share guidance of ($0.03)-$0.04 for the period, compared to the Thomson Reuters consensus estimate of ($0.03). The company issued revenue guidance of $37-39 million, compared to the consensus revenue estimate of $38.42 million.

5 brokers have issued 12-month price targets for IMPINJ's shares. Their forecasts range from $34.00 to $42.00. On average, they anticipate IMPINJ's share price to reach $38.50 in the next twelve months. This suggests a possible upside of 10.8% from the stock's current price. View Analyst Price Targets for IMPINJ.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for IMPINJ.

News coverage about PI stock has been trending negative on Saturday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. IMPINJ earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for IMPINJ.

IMPINJ saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,670,000 shares, an increase of 6.4% from the December 15th total of 3,450,000 shares. Based on an average daily trading volume, of 319,200 shares, the short-interest ratio is currently 11.5 days. Currently, 18.1% of the shares of the company are short sold. View IMPINJ's Current Options Chain.

Some companies that are related to IMPINJ include Advanced Energy Industries (AEIS), Vicor (VICR), Varex Imaging (VREX), TT Electronics (TTGPF), Microvision (MVIS), Neonode (NEON), Orbit International (ORBT), Inrad Optics (INRD), Nortech Systems (NSYS), Veritec (VRTC), Microwave Filter (MFCO), Integral Technologies (ITKG) and Uni-Pixel (UNXLQ).

Based on aggregate information from My MarketBeat watchlists, some companies that other IMPINJ investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Shopify (SHOP), Baidu (BIDU), Advanced Micro Devices (AMD), Netflix (NFLX), Veeva Systems (VEEV), Baozun (BZUN) and Walt Disney (DIS).

(PI) raised $69 million in an initial public offering (IPO) on Thursday, July 21st 2016. The company issued 4,600,000 shares at $14.00-$16.00 per share. RBC Capital Markets, Pacific Crest Securities (a division of KeyBanc Capital Markets) and Piper Jaffray acted as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.

IMPINJ's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.60%), Taylor Frigon Capital Management LLC (0.30%), Clarius Group LLC (0.15%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). Company insiders that own IMPINJ stock include Chris PhD Diorio, Denise Masters, Eric Brodersen, Gregory Sessler, Jeffrey Dossett, Oppen Peter H Van and Tom A Alberg. View Institutional Ownership Trends for IMPINJ.

PI stock was sold by a variety of institutional investors in the last quarter, including Clarius Group LLC, Scout Investments Inc. and Taylor Frigon Capital Management LLC. Company insiders that have sold IMPINJ company stock in the last year include Chris PhD Diorio, Denise Masters, Eric Brodersen, Gregory Sessler, Jeffrey Dossett, Oppen Peter H Van and Tom A Alberg. View Insider Buying and Selling for IMPINJ.

PI stock was acquired by a variety of institutional investors in the last quarter, including Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have bought IMPINJ stock in the last two years include Jeffrey Dossett and Oppen Peter H Van. View Insider Buying and Selling for IMPINJ.

Shares of PI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PI stock can currently be purchased for approximately $34.74.

IMPINJ has a market capitalization of $768.80 million and generates $122.63 million in revenue each year. The company earns $-35,230,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis. IMPINJ employs 282 workers across the globe.View Additional Information About IMPINJ.

The official website for IMPINJ is http://www.impinj.com/.

IMPINJ's mailing address is 400 FAIRVIEW AVENUE NORTH SUITE 1200, SEATTLE WA, 98109. The company can be reached via phone at 206-517-5300 or via email at [email protected]