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S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
66,000% upside on tiny biotech? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
66,000% upside on tiny biotech? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Powerball jackpot rises to $1.04 billion after another drawing without a big winner
Promoting tradition as well as beans, Ethiopian coffee shops find fans far from home
66,000% upside on tiny biotech? (Ad)
Who is Arthur Engoron? Judge weighing future of Donald Trump empire is Ivy League-educated ex-cabbie
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
66,000% upside on tiny biotech? (Ad)
Apple says it will fix software problems blamed for making iPhone 15 models too hot to handle
Native Hawaiian neighborhood survived Maui fire. Lahaina locals praise its cultural significance
NASDAQ:PI

Impinj (PI) Stock Forecast, Price & News

$55.03
+0.03 (+0.05%)
(As of 09/29/2023 ET)
Compare
Today's Range
$53.67
$56.10
50-Day Range
$51.59
$81.85
52-Week Range
$51.23
$144.90
Volume
391,323 shs
Average Volume
527,903 shs
Market Capitalization
$1.48 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$112.00

Impinj MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
103.5% Upside
$112.00 Price Target
Short Interest
Bearish
11.39% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.68
Upright™ Environmental Score
News Sentiment
0.21mentions of Impinj in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$40.53 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.12) to ($0.52) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.05 out of 5 stars

Computer And Technology Sector

404th out of 606 stocks

Electronic Components, Not Elsewhere Classified Industry

5th out of 7 stocks


PI stock logo

About Impinj (NASDAQ:PI) Stock

Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual 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 comprise 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 enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and package tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, consumer experience, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.

PI Price History

PI Stock News Headlines

Are "The Magnificent Seven" the Next Sears?
The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.
Impinj (NASDAQ:PI) Hits New 1-Year Low at $52.85
Impinj (PI) Fell on Lowered Guidance
Are "The Magnificent Seven" the Next Sears?
The former retail giant’s sales once accounted for 1% of the U.S. economy. Now it’s nearly extinct. Will the same happen to big tech? Learn more here.
5.25M Reasons To Be Bullish On Impinj Stock
$8M Bet On Impinj? Check Out These 4 Stocks Insiders Are Buying
Sylebra Capital Ltd Boosts Stake in Impinj Inc
1.81M Reasons To Be Bullish On Impinj Stock
Over $11M Bet On Impinj? Check Out These 3 Stocks Insiders Are Buying
Impinj Insider Trades Send a Signal
Sylebra Capital Ltd Adds to Its Stake in Impinj Inc
Impinj Inc.
Sylebra Capital Ltd Increases Stake in Impinj Inc
Over $15M Bet On Impinj? Check Out These 4 Stocks Insiders Are Buying
Impinj: The Growth Story Takes A Major Hit
Q2 2023 Impinj Inc Earnings Call
See More Headlines
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PI Company Calendar

Last Earnings
7/26/2023
Today
10/01/2023
Next Earnings (Estimated)
10/25/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electronic components, not elsewhere classified
Sub-Industry
N/A
Employees
389
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$112.00
High Stock Price Forecast
$155.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+103.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-24,300,000.00
Pretax Margin
-4.70%

Debt

Sales & Book Value

Annual Sales
$257.80 million
Book Value
$0.60 per share

Miscellaneous

Free Float
22,267,000
Market Cap
$1.48 billion
Optionable
Optionable
Beta
2.09
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Key Executives

  • Dr. Chris Diorio Ph.D. (Age 61)
    Co-Founder, Vice Chairman & CEO
    Comp: $411.46k
  • Mr. Cary L. BakerMr. Cary L. Baker (Age 46)
    Chief Financial Officer
    Comp: $368.77k
  • Mr. Hussein Mecklai (Age 50)
    Chief Operating Officer
    Comp: $388.69k
  • Mr. Jeffrey DossettMr. Jeffrey Dossett (Age 63)
    Chief Revenue Officer
    Comp: $320.2k
  • Mr. Cathal PhelanMr. Cathal Phelan (Age 59)
    Chief Innovation Officer & Director
    Comp: $548.8k
  • Ms. Denise Masters (Age 49)
    Interim VP of Accounting & Corp. Controller
  • Mr. Yukio Morikubo (Age 63)
    Gen. Counsel & Chief Compliance Officer
  • Jill West
    VP of Strategic Communications
  • Ms. Christina Balam
    VP Of HR













PI Stock - Frequently Asked Questions

Should I buy or sell Impinj stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Impinj in the last twelve months. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

6 brokers have issued 1-year price objectives for Impinj's stock. Their PI share price forecasts range from $45.00 to $155.00. On average, they predict the company's stock price to reach $112.00 in the next twelve months. This suggests a possible upside of 103.5% 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 decreased by 49.6% and is now trading at $55.03.
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, October 25th 2023.
View our PI earnings forecast
.

How were Impinj's earnings last quarter?

Impinj, Inc. (NASDAQ:PI) issued its quarterly earnings data on Wednesday, July, 26th. The company reported ($0.14) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.14). The business earned $85.99 million during the quarter, compared to the consensus estimate of $85.43 million. Impinj had a negative net margin of 4.65% and a negative trailing twelve-month return on equity of 23.30%.

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

Impinj updated its third quarter 2023 earnings guidance on Wednesday, July, 26th. The company provided earnings per share (EPS) guidance of -$0.12--$0.06 for the period, compared to the consensus EPS estimate of $0.38. The company issued revenue guidance of $63.00 million-$66.00 million, compared to the consensus revenue estimate of $88.11 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."

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 $55.03.

How much money does Impinj make?

Impinj (NASDAQ:PI) has a market capitalization of $1.48 billion and generates $257.80 million in revenue each year. The company earns $-24,300,000.00 in net income (profit) each year or ($0.56) on an earnings per share basis.

How many employees does Impinj have?

The company employs 389 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 10/1/2023 by MarketBeat.com Staff

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