NASDAQ:PI Impinj - PI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Impinj, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $128.53 -5.81 (-4.32%) (As of 03/24/2023 08:51 PM ET) Add Compare Share Share Today's Range$126.79▼$132.1950-Day Range$121.68▼$139.1252-Week Range$39.74▼$144.90Volume334,400 shsAverage Volume487,068 shsMarket Capitalization$3.36 billionP/E RatioN/ADividend YieldN/APrice Target$129.75 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Impinj MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside0.9% Upside$129.75 Price TargetShort InterestBearish12.31% of Shares Sold ShortDividend StrengthN/ASustainability-1.68Upright™ Environmental ScoreNews Sentiment0.64Based on 4 Articles This WeekInsider TradingAcquiring Shares$10.95 M Bought Last QuarterProj. Earnings Growth346.15%From $0.13 to $0.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.27 out of 5 starsComputer And Technology Sector284th out of 614 stocksElectronic Components, Not Elsewhere Classified Industry4th out of 7 stocks 2.5 Analyst's Opinion Consensus RatingImpinj has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $129.75, Impinj has a forecasted upside of 0.9% from its current price of $128.53.Amount of Analyst CoverageImpinj has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 1.0 Short Interest Percentage of Shares Shorted12.31% of the outstanding shares of Impinj have been sold short.Short Interest Ratio / Days to CoverImpinj has a short interest ratio ("days to cover") of 7.Change versus previous monthShort interest in Impinj has recently increased by 5.92%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldImpinj does not currently pay a dividend.Dividend GrowthImpinj does not have a long track record of dividend growth. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreImpinj has received a 39.04% net impact score from Upright. Impinj seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Distributing knowledge". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "IoT modular gateways", "Device monitoring software", and "Active RFID tags for logistics tracking" products. See details.Environmental SustainabilityThe Environmental Impact score for Impinj is -1.68. Previous Next 2.0 News and Social Media Coverage News SentimentImpinj has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Impinj this week, compared to 3 articles on an average week.Search InterestOnly 5 people have searched for PI on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Impinj to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days. Previous Next 5.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Impinj insiders have bought 36.00% more of their company's stock than they have sold. Specifically, they have bought $10,952,581.00 in company stock and sold $8,053,633.00 in company stock.Percentage Held by Insiders20.20% of the stock of Impinj is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions97.32% of the stock of Impinj is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Impinj are expected to grow by 346.15% in the coming year, from $0.13 to $0.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Impinj is -133.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Impinj is -133.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioImpinj has a PEG Ratio of 41.34. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioImpinj has a P/B Ratio of 214.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Impinj (NASDAQ:PI) StockIImpinj, Inc. engages in the development and sale of radio frequency identification solutions. The company was founded by Christopher Diorio in April 2000 and is headquartered in Seattle, WA.Read More Receive PI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Impinj and its competitors with MarketBeat's FREE daily newsletter. Email Address PI Stock News HeadlinesMarch 22, 2023 | finance.yahoo.comReasons for the Outperformance of Impinj (PI) in Q4March 20, 2023 | finance.yahoo.comThe Zacks Analyst Blog Highlights Advanced Micro Devices, NVIDIA, SOXX, Impinj and Lattice SemiconductorMarch 27, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 19, 2023 | americanbankingnews.comCary Baker Sells 299 Shares of Impinj, Inc. (NASDAQ:PI) StockMarch 14, 2023 | finance.yahoo.comTracking-Chip Maker Impinj Sees Improved Outlook With Better Wafer SupplyMarch 3, 2023 | finance.yahoo.comThis Semiconductor Stock Sees Earnings Soar, With Further Growth To ComeFebruary 27, 2023 | finance.yahoo.comImpinj (PI) Surpassed Expectations in Q4February 27, 2023 | finance.yahoo.comThe Chairman of the Board of Impinj, Inc. (NASDAQ:PI), Stephen Sanghi, Just Bought 822% More SharesMarch 27, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.February 10, 2023 | finance.yahoo.comImpinj Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 3, 2023 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why Impinj (PI) is a Great ChoiceJanuary 31, 2023 | finance.yahoo.comDow Jones Reverses Lower Ahead Of Fed Meeting; Caterpillar, Exxon, Pfizer, McDonald's Fall On EarningsJanuary 24, 2023 | finance.yahoo.comStrength Seen in Impinj (PI): Can Its 3.4% Jump Turn into More Strength?January 23, 2023 | seekingalpha.comImpinj: Expanding Product Offering To Grow Market ShareJanuary 17, 2023 | finance.yahoo.comImpinj (PI) is a Great Momentum Stock: Should You Buy?January 12, 2023 | finance.yahoo.comImpinj Stock Gets A Lift As Its Tiny Tracking Chips Gain TractionJanuary 11, 2023 | finance.yahoo.comImpinj Stock Wavers After Chipmaker Raises Fourth-Quarter OutlookJanuary 11, 2023 | finance.yahoo.comIFNNY or PI: Which Is the Better Value Stock Right Now?January 11, 2023 | finance.yahoo.comImpinj Stock Jumps After Chipmaker Raises Fourth-Quarter OutlookJanuary 10, 2023 | finance.yahoo.comImpinj Announces Preliminary Fourth-Quarter 2022 Revenue Ahead of Participation at 25th Annual Needham Growth ConferenceDecember 14, 2022 | finance.yahoo.comIs Impinj (PI) a Great Stock for the Long-Term?December 10, 2022 | marketwatch.comThe Healthcare RFID Market Size: Global Average Price, development, growth factor, regional outlook, application 2022 - 2028December 6, 2022 | finance.yahoo.comImpinj to Participate in Susquehanna Semiconductor ShowcaseDecember 6, 2022 | msn.comGoldman Sachs Maintains Buy Rating for Impinj: Here's What You Need To KnowDecember 5, 2022 | finance.yahoo.comTwo Outperforming Semiconductors You Haven't Heard OfDecember 3, 2022 | benzinga.comMassive Insider Trade At ImpinjNovember 24, 2022 | finance.yahoo.comImpinj, Inc. (NASDAQ:PI): When Will It Breakeven?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Impinj and its competitors with MarketBeat's FREE daily newsletter. Email Address PI Company Calendar Last Earnings2/08/2023Today3/26/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Electronic components, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:PI Previous SymbolNYSE:PI CUSIPN/A CIK1114995 Webwww.impinj.com Phone(206) 517-5300Fax206-517-5262Employees332Year FoundedN/APrice Target and Rating Average Stock Price Forecast$129.75 High Stock Price Forecast$155.00 Low Stock Price Forecast$76.00 Forecasted Upside/Downside+0.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.96) Trailing P/E RatioN/A Forward P/E Ratio988.69 P/E Growth41.34Net Income$-24,300,000.00 Net Margins-9.43% Pretax Margin-9.35% Return on Equity-62,026.59% Return on Assets-4.97% Debt Debt-to-Equity Ratio17.97 Current Ratio6.49 Quick Ratio5.40 Sales & Book Value Annual Sales$257.80 million Price / Sales13.04 Cash FlowN/A Price / Cash FlowN/A Book Value$0.60 per share Price / Book214.22Miscellaneous Outstanding Shares26,160,000Free Float20,873,000Market Cap$3.36 billion OptionableOptionable Beta2.25 Key ExecutivesChristopher DiorioVice Chairman & Chief Executive OfficerHussein MecklaiChief Operating OfficerCary L. BakerChief Financial OfficerYukio MorikuboChief Compliance Officer & General CounselJohn QuistSenior Vice President-OperationsKey CompetitorsAdvanced Energy IndustriesNASDAQ:AEISLG DisplayNYSE:LPLVicorNASDAQ:VICRVertivNYSE:VRTBadger MeterNYSE:BMIView All CompetitorsInsiders & InstitutionsChris Ph.D. DiorioSold 597 sharesTotal: $77,496.57 ($129.81/share)Cary BakerSold 299 sharesTotal: $38,795.25 ($129.75/share)Victory Capital Management Inc.Sold 187,790 shares on 3/10/2023Ownership: 1.378%Jeffrey DossettSold 3,500 sharesTotal: $465,920.00 ($133.12/share)Chris Ph.D. DiorioSold 11,692 sharesTotal: $1.49 M ($127.72/share)View All Insider TransactionsView All Institutional Transactions PI Stock - Frequently Asked Questions Should I buy or sell Impinj stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Impinj in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PI shares. View PI analyst ratings or view top-rated stocks. What is Impinj's stock price forecast for 2023? 6 analysts have issued 12 month target prices for Impinj's stock. Their PI share price forecasts range from $76.00 to $155.00. On average, they anticipate the company's stock price to reach $129.75 in the next twelve months. This suggests a possible upside of 0.9% from the stock's current price. View analysts price targets for PI or view top-rated stocks among Wall Street analysts. How have PI shares performed in 2023? Impinj's stock was trading at $109.18 at the beginning of the year. Since then, PI shares have increased by 17.7% and is now trading at $128.53. View the best growth stocks for 2023 here. When is Impinj's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our PI earnings forecast. How were Impinj's earnings last quarter? Impinj, Inc. (NASDAQ:PI) announced its quarterly earnings results on Wednesday, February, 8th. The company reported $0.04 earnings per share for the quarter, hitting analysts' consensus estimates of $0.04. The company earned $76.59 million during the quarter, compared to analyst estimates of $76.20 million. Impinj had a negative net margin of 9.43% and a negative trailing twelve-month return on equity of 62,026.59%. What ETFs hold Impinj's stock? ETFs with the largest weight of Impinj (NASDAQ:PI) stock in their portfolio include Invesco Dynamic Semiconductors ETF (PSI), SPDR S&P Semiconductor ETF (XSD), Invesco DWA Technology Momentum ETF (PTF), Global X Internet of Things Thematic ETF (SNSR), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Nuveen Small Cap Select ETF (NSCS), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and Jacob Forward ETF (JFWD). What guidance has Impinj issued on next quarter's earnings? Impinj issued an update on its first quarter 2023 earnings guidance on Wednesday, February, 8th. The company provided EPS guidance of $0.30-$0.36 for the period, compared to the consensus EPS estimate of $0.34. The company issued revenue guidance of $82.00 million-$85.00 million, compared to the consensus revenue estimate of $77.36 million. What is Chris Diorio's approval rating as Impinj's CEO? 47 employees have rated Impinj Chief Executive Officer Chris Diorio on Glassdoor.com. Chris Diorio has an approval rating of 73% among the company's employees. 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), Block (SQ), Inseego (INSG), Micron Technology (MU), Marvell Technology (MRVL) and Shopify (SHOP). When did Impinj IPO? (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. 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 investors include Sylebra Capital Ltd (10.46%), Gilder Gagnon Howe & Co. LLC (4.86%), Chevy Chase Trust Holdings LLC (4.58%), Driehaus Capital Management LLC (2.77%), Deutsche Bank AG (2.47%) and Lord Abbett & CO. LLC (2.38%). Insiders that own company stock include Cary Baker, Cathal G Phelan, Cathal G Phelan, Chris PhD Diorio, Gregory Sessler, Hussein Mecklai, Jeffrey Dossett, Oppen Peter H Van, Steve Sanghi and Sylebra Capital Ltd. View institutional ownership trends. How do I buy shares of Impinj? Shares of PI stock 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 $128.53. How much money does Impinj make? Impinj (NASDAQ:PI) has a market capitalization of $3.36 billion and generates $257.80 million in revenue each year. The company earns $-24,300,000.00 in net income (profit) each year or ($0.96) on an earnings per share basis. How many employees does Impinj have? The company employs 332 workers across the globe. How can I contact Impinj? Impinj's mailing address is 400 FAIRVIEW AVENUE NORTH SUITE 1200, SEATTLE WA, 98109. The official website for the company is www.impinj.com. The company can be reached via phone at (206) 517-5300, via email at ir@impinj.com, or via fax at 206-517-5262. This page (NASDAQ:PI) was last updated on 3/27/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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