Impinj Stock Forecast, Price & News

Impinj (NASDAQ:PI) Frequently Asked Questions

Is Impinj a buy right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Impinj in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Impinj stock.
View analyst ratings for Impinj or view top-rated stocks.

How has Impinj's stock been impacted by Coronavirus?

Impinj's stock was trading at $20.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, PI shares have increased by 259.7% and is now trading at $74.97.
View which stocks have been most impacted by COVID-19.

Are investors shorting Impinj?

Impinj saw a decline in short interest in November. As of November 15th, there was short interest totaling 1,260,000 shares, a decline of 21.7% from the October 31st total of 1,610,000 shares. Based on an average daily volume of 291,200 shares, the short-interest ratio is currently 4.3 days. Currently, 5.4% of the company's stock are short sold.
View Impinj's Short Interest.

When is Impinj's next earnings date?

Impinj is scheduled to release its next quarterly earnings announcement on Wednesday, February 9th 2022.
View our earnings forecast for Impinj.

How were Impinj's earnings last quarter?

Impinj, Inc. (NASDAQ:PI) posted its quarterly earnings results on Wednesday, October, 27th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.10) by $0.06. The company earned $45.19 million during the quarter, compared to the consensus estimate of $44.13 million. Impinj had a negative trailing twelve-month return on equity of 43.37% and a negative net margin of 26.97%. Impinj's revenue was up 60.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.54) earnings per share.
View Impinj's earnings history.

What guidance has Impinj issued on next quarter's earnings?

Impinj updated its fourth quarter 2021 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share (EPS) guidance of $-0.040-$0.020 for the period, compared to the Thomson Reuters consensus EPS estimate of $-0.140. The company issued revenue guidance of $46 million-$48 million, compared to the consensus revenue estimate of $42.26 million.

What price target have analysts set for PI?

8 equities research analysts have issued 1-year price targets for Impinj's stock. Their forecasts range from $53.00 to $95.00. On average, they anticipate Impinj's share price to reach $71.13 in the next year. This suggests that the stock has a possible downside of 5.1%.
View analysts' price targets for Impinj or view top-rated stocks among Wall Street analysts.

Who are Impinj's key executives?

Impinj's management team includes the following people:

• Christopher Diorio, Vice Chairman & Chief Executive Officer (LinkedIn Profile)
• John Quist, Senior Vice President-Operations
• Cary L. Baker, Chief Financial Officer (LinkedIn Profile)
• Hussein Mecklai, Executive Vice President-Engineering
• Brian Wilson, Vice President-Information Technology

What is Chris Diorio's approval rating as Impinj's CEO?

47 employees have rated Impinj CEO Chris Diorio on Glassdoor.com. Chris Diorio has an approval rating of 73% among Impinj's employees.

Who are some of Impinj's key competitors?

Some companies that are related to Impinj include Vicor (VICR), LG Display (LPL), Advanced Energy Industries (AEIS), MicroVision (MVIS), Varex Imaging (VREX), TT Electronics (TTGPF), Ault Global (DPW), Neonode (NEON), The LGL Group (LGL), Crown ElectroKinetics (CRKN), Espey Mfg. & Electronics (ESP), Nortech Systems (NSYS), Bonso Electronics International (BNSO), Orbit International (ORBT) and Inrad Optics (INRD).
View all of PI's competitors.

What other stocks do shareholders of Impinj own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Impinj investors own include NVIDIA (NVDA), Alibaba Group (BABA), Baidu (BIDU), JD.com (JD), Editas Medicine (EDIT), Square (SQ), Inseego (INSG), Micron Technology (MU), Marvell Technology (MRVL) and Shopify (SHOP).

When did Impinj IPO?

(PI) raised $69 million in an IPO on Thursday, July 21st 2016. The company issued 4,600,000 shares at a price of $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.

What is Impinj's stock symbol?

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

Who are Impinj's major shareholders?

Impinj's stock is owned by many different institutional and retail investors. Top institutional shareholders include Chevy Chase Trust Holdings Inc. (7.56%), BlackRock Inc. (5.53%), Janus Henderson Group PLC (2.83%), Toronado Partners LLC (2.55%), Neuberger Berman Group LLC (1.51%) and Geode Capital Management LLC (1.32%). Company insiders that own Impinj stock include Cary Baker, Cathal G Phelan, Chris PhD Diorio, Daniel Patrick Gibson, Denise Masters, Eric Brodersen, Jeffrey Dossett, Oppen Peter H Van and Sylebra Capital Ltd.
View institutional ownership trends for Impinj.

Which institutional investors are selling Impinj stock?

PI stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Axel Capital Management LLC, Millennium Management LLC, Toronado Partners LLC, Morgan Stanley, Renaissance Technologies LLC, Dimensional Fund Advisors LP, and Geode Capital Management LLC. Company insiders that have sold Impinj company stock in the last year include Cary Baker, Chris PhD Diorio, Jeffrey Dossett, Oppen Peter H Van, and Sylebra Capital Ltd.
View insider buying and selling activity for Impinj or view top insider-selling stocks.

Which institutional investors are buying Impinj stock?

PI stock was purchased by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Wasatch Advisors Inc., Chevy Chase Trust Holdings Inc., Victory Capital Management Inc., Next Century Growth Investors LLC, Polar Capital Holdings Plc, Invesco Ltd., and Neuberger Berman Group LLC. Company insiders that have bought Impinj stock in the last two years include Cary Baker, Cathal G Phelan, Daniel Patrick Gibson, and Sylebra Capital Ltd.
View insider buying and selling activity for Impinj or or view top insider-buying stocks.

How do I buy shares of Impinj?

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

What is Impinj's stock price today?

One share of PI stock can currently be purchased for approximately $74.97.

How much money does Impinj make?

Impinj has a market capitalization of $1.83 billion and generates $138.92 million in revenue each year. The company earns $-51.92 million in net income (profit) each year or ($1.98) on an earnings per share basis.

How many employees does Impinj have?

Impinj employs 310 workers across the globe.

What is Impinj's official website?

The official website for Impinj is www.impinj.com.

Where are Impinj's headquarters?

Impinj is headquartered at 400 FAIRVIEW AVENUE NORTH SUITE 1200, SEATTLE WA, 98109.

How can I contact Impinj?

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, via email at [email protected], or via fax at 206-517-5262.