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 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.10. The company earned $40.76 million during the quarter, compared to analyst estimates of $38.21 million. The firm's quarterly revenue was up 18.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.05) EPS. 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.

5 brokerages 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 stock price to reach $38.50 in the next year. This suggests a possible upside of 22.2% 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 headlines about PI stock have been trending neutral recently, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. IMPINJ earned a news impact score of 0.2 on InfoTrie's scale. They also gave news 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 near future. View News Stories for IMPINJ.

IMPINJ saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 4,250,000 shares, an increase of 15.8% from the January 15th total of 3,670,000 shares. Based on an average daily trading volume, of 380,900 shares, the days-to-cover ratio is presently 11.2 days. Approximately 21.0% of the shares of the stock are short sold. View IMPINJ's Current Options Chain.

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), Advanced Micro Devices (AMD), Tesla (TSLA), Baidu (BIDU), Netflix (NFLX), Twilio (TWLO) and Veeva Systems (VEEV).

(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 served as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.

IMPINJ's stock is owned by many different of retail and institutional investors. Top institutional investors include Chevy Chase Trust Holdings Inc. (4.81%), State Street Corp (2.53%), Driehaus Capital Management LLC (1.45%), Lord Abbett & CO. LLC (1.27%), UBS Group AG (0.73%) and Scout Investments Inc. (0.60%). 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 Marshall Wace North America L.P., Acadian Asset Management LLC, Clarius Group LLC, AQR Capital Management LLC, Barclays PLC, New York State Common Retirement Fund, Scout Investments Inc. and Bank of America Corp DE. 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 bought by a variety of institutional investors in the last quarter, including Driehaus Capital Management LLC, Chevy Chase Trust Holdings Inc., State Street Corp, Lord Abbett & CO. LLC, CNH Partners LLC, Public Sector Pension Investment Board, Victory Capital Management Inc. and Swiss National Bank. 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 $31.51.