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 EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.01) by $0.10. The firm earned $40.76 million during the quarter, compared to analyst estimates of $38.21 million. IMPINJ had a negative return on equity of 1.81% and a negative net margin of 14.52%. The business's revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($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.

IMPINJ issued an update on its fourth quarter earnings guidance on Monday, November, 4th. The company provided earnings per share (EPS) guidance of ($0.03)-$0.04 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.03). The company issued revenue guidance of $37-39 million, compared to the consensus revenue estimate of $38.42 million.

5 brokers have issued twelve-month price targets for IMPINJ's shares. Their forecasts range from $34.00 to $42.00. On average, they anticipate IMPINJ's share price to reach $38.50 in the next year. This suggests a possible upside of 14.3% 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.

Media coverage about PI stock has been trending somewhat negative on Monday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. IMPINJ earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for IMPINJ.

IMPINJ saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 3,670,000 shares, an increase of 6.4% from the December 15th total of 3,450,000 shares. Based on an average daily trading volume, of 319,200 shares, the short-interest ratio is currently 11.5 days. Approximately 18.1% of the shares of the company are sold short. View IMPINJ's Current Options Chain.

Some companies that are related to IMPINJ include Advanced Energy Industries (AEIS), Vicor (VICR), Varex Imaging (VREX), TT Electronics (TTGPF), Microvision (MVIS), Neonode (NEON), Orbit International (ORBT), Inrad Optics (INRD), Nortech Systems (NSYS), Veritec (VRTC), Microwave Filter (MFCO), Integral Technologies (ITKG) and Uni-Pixel (UNXLQ).

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), Baidu (BIDU), Advanced Micro Devices (AMD), Netflix (NFLX), Veeva Systems (VEEV), Baozun (BZUN) and Walt Disney (DIS).

(PI) raised $69 million in an initial public offering (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 served as the underwriters for the IPO and Needham & Company and Canaccord Genuity were co-managers.

IMPINJ's stock is owned by a number of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.60%), Taylor Frigon Capital Management LLC (0.30%), Clarius Group LLC (0.15%), California Public Employees Retirement System (0.09%) and Zurcher Kantonalbank Zurich Cantonalbank (0.01%). 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 Clarius Group LLC, Scout Investments Inc. and Taylor Frigon Capital Management LLC. 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 purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System and Zurcher Kantonalbank Zurich Cantonalbank . 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 $33.69.

IMPINJ has a market capitalization of $745.49 million and generates $122.63 million in revenue each year. The company earns $-35,230,000.00 in net income (profit) each year or ($0.68) on an earnings per share basis. IMPINJ employs 282 workers across the globe.View Additional Information About IMPINJ.

The official website for IMPINJ is http://www.impinj.com/.

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 or via email at [email protected]