Impinj (PI) Stock Price, News & Analysis

+3.79 (+2.23%)
(As of 05/17/2024 ET)
Today's Range
50-Day Range
52-Week Range
236,405 shs
Average Volume
705,658 shs
Market Capitalization
$4.80 billion
P/E Ratio
Dividend Yield
Price Target

Impinj MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.78 Rating Score
17.5% Downside
$143.10 Price Target
Short Interest
12.70% of Shares Sold Short
Dividend Strength
Upright™ Environmental Score
News Sentiment
0.10mentions of Impinj in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$15.97 M Sold Last Quarter
Proj. Earnings Growth
From $0.02 to $0.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.56 out of 5 stars

Computer And Technology Sector

301st out of 589 stocks

Electronic Components, Not Elsewhere Classified Industry

5th out of 7 stocks

PI stock logo

About Impinj Stock (NASDAQ:PI)

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform wirelessly connects items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that consists of reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enable its partners to solve enterprise business problems, such as retail self-checkout and loss prevention. The company primarily serves retail, supply chain and logistics, automotive, aviation, banking, datacenters, food, healthcare, industrial and manufacturing, linen and uniform tracking, sports, and travel industries through original equipment and device manufacturers, tag service bureaus, systems integrators, value-added resellers, independent software vendors, and other solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

PI Stock Price History

PI Stock News Headlines

Impinj Proves The Internet-of-Things (IoT) is No Fluke
Internet-of-Things (IoT) technology provider Impinj Inc. NASDAQ: PI is riding a strong secular tailwind as the world continues to become more connected. The computer and technology sector leader manufacturers radio identification (RAIN) radio frequency identification (RFID) tag chips and provides a cloud connectivity platform.
Impinj Proves The Internet-of-Things (IoT) is No Fluke
Internet-of-Things (IoT) technology provider Impinj is riding a strong secular tailwind as the world continues to become more connected and raises guidance.
Peeling Back The Layers: Exploring Impinj Through Analyst Insights
Needham Reaffirms Their Hold Rating on IPG Photonics (IPGP)
Impinj Inc Director Umesh Padval Sells Company Shares
Why Impinj Stock Is Soaring Today
Q1 2024 Impinj Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Electronic components, not elsewhere classified
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
9 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$307.54 million
Book Value
$3.10 per share


Free Float
Market Cap
$4.80 billion
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PI Stock Analysis - Frequently Asked Questions

Should I buy or sell Impinj stock right now?

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

What is Impinj's stock price target for 2024?

9 Wall Street research analysts have issued 12-month price targets for Impinj's stock. Their PI share price targets range from $45.00 to $200.00. On average, they expect the company's stock price to reach $143.10 in the next year. This suggests that the stock has a possible downside of 17.5%.
View analysts price targets for PI
or view top-rated stocks among Wall Street analysts.

How have PI shares performed in 2024?

Impinj's stock was trading at $90.03 at the beginning of the year. Since then, PI stock has increased by 92.6% and is now trading at $173.40.
View the best growth stocks for 2024 here

When is Impinj's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024.
View our PI earnings forecast

How were Impinj's earnings last quarter?

Impinj, Inc. (NASDAQ:PI) announced its quarterly earnings results on Wednesday, April, 24th. The company reported ($0.17) earnings per share for the quarter, beating the consensus estimate of ($0.31) by $0.14. The business had revenue of $76.83 million for the quarter, compared to analysts' expectations of $73.57 million. Impinj had a negative trailing twelve-month return on equity of 60.13% and a negative net margin of 1.90%.

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

Impinj updated its second quarter 2024 earnings guidance on Wednesday, April, 24th. The company provided earnings per share guidance of 0.720-0.770 for the period, compared to the consensus EPS estimate of 0.190. The company issued revenue guidance of $96.0 million-$99.0 million, compared to the consensus revenue estimate of $78.9 million.

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

47 employees have rated Impinj Chief Executive Officer Chris Diorio on 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), Editas Medicine (EDIT), Block (SQ), Inseego (INSG), Micron Technology (MU), Marvell Technology (MRVL) and Shopify (SHOP).

When did Impinj IPO?

Impinj (PI) raised $69 million in an initial public offering 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.

Who are Impinj's major shareholders?

Impinj's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.06%), Chevy Chase Trust Holdings LLC (3.70%), Janus Henderson Group PLC (1.59%), Westfield Capital Management Co. LP (1.36%), Allspring Global Investments Holdings LLC (1.31%) and Allspring Global Investments Holdings LLC (1.31%). Insiders that own company stock include Cary Baker, Cathal G Phelan, Chris PhD Diorio, Gregory Sessler, Hussein Mecklai, Jeffrey Dossett, Oppen Peter H Van, Steve Sanghi, Sylebra Capital Ltd and Umesh Padval.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PI) was last updated on 5/18/2024 by Staff

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