NASDAQ:PI Impinj (PI) Stock Forecast, Price & News $109.93 +3.14 (+2.94%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$106.00▼$110.0550-Day Range$82.47▼$141.4052-Week Range$46.33▼$144.90Volume620,010 shsAverage Volume550,106 shsMarket Capitalization$2.93 billionP/E RatioN/ADividend YieldN/APrice Target$137.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Impinj MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside24.6% Upside$137.00 Price TargetShort InterestHealthy11.52% of Shares Sold ShortDividend StrengthN/ASustainability-1.68Upright™ Environmental ScoreNews Sentiment0.72Based on 6 Articles This WeekInsider TradingSelling Shares$3.41 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.16) to $0.31 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.2.14 out of 5 starsComputer And Technology Sector250th out of 599 stocksElectronic Components, Not Elsewhere Classified Industry2nd out of 6 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 $137.00, Impinj has a forecasted upside of 24.6% from its current price of $109.93.Amount of Analyst CoverageImpinj has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted11.52% 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 5.3.Change versus previous monthShort interest in Impinj has recently decreased by 11.27%, indicating that investor sentiment is improving 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 2.1 News and Social Media Coverage News SentimentImpinj has a news sentiment score of 0.72. 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 6 news articles for Impinj this week, compared to 4 articles on an average week.Search InterestOnly 16 people have searched for PI on MarketBeat in the last 30 days. This is a decrease of -54% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Impinj to their MarketBeat watchlist in the last 30 days. This is a decrease of -88% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Impinj insiders have sold 70.87% more of their company's stock than they have bought. Specifically, they have bought $1,997,500.00 in company stock and sold $3,413,147.00 in company stock.Percentage Held by Insiders17.10% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Impinj are expected to grow in the coming year, from ($0.16) to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Impinj is -154.83, 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 -154.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioImpinj has a P/B Ratio of 183.22. 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 HeadlinesJune 5, 2023 | finance.yahoo.com4 Stocks Not Recommended for Your Portfolio (Revised)June 5, 2023 | americanbankingnews.comImpinj, Inc. (NASDAQ:PI) CRO Sells $358,960.00 in StockJune 10, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>June 1, 2023 | finance.yahoo.comImpinj to Participate in Baird 2023 Global Consumer, Technology & Services ConferenceMay 27, 2023 | americanbankingnews.comImpinj, Inc. (NASDAQ:PI) CFO Cary Baker Sells 1,453 SharesMay 26, 2023 | americanbankingnews.comAnalysts Set Impinj, Inc. (NASDAQ:PI) Target Price at $137.00May 25, 2023 | finance.yahoo.comMarket Sentiment Around Loss-Making Impinj, Inc. (NASDAQ:PI)May 22, 2023 | benzinga.comSHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating Impinj, Inc. for Potential Breaches of Fiduciary Duty By Its Board of DirectorsJune 10, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Software" to Revolutionize WarfareThis breakthrough will change "the way wars will be fought, and won, for years to come." - Chairman of the Joint Chief of Staff, General Mark Milley Get the name of the company supplying it to the U.S. Army here >>>May 21, 2023 | americanbankingnews.comImpinj (NASDAQ:PI) Research Coverage Started at StockNews.comMay 16, 2023 | marketwatch.comRFID Tag Chips Market Growth, Business Overview 2023, and Forecast to 2030 | InfoChip, Impinj, HUADA SemiconductorMay 16, 2023 | marketwatch.comGlobal RFID for Linen Market [2023-2030] | Top Competitors in the Industry are - HID Global, GAO RFID, Impinj, Positek RFID, ResuinsaMay 16, 2023 | finance.yahoo.comZacks.com featured highlights include Dutch Bros, Chegg, Impinj and AngioDynamicsMay 15, 2023 | msn.comImpinj: Though Debt-Ridden, There Are Reasons To Be BullishMay 12, 2023 | marketwatch.comJADAK Launches Entire Series of ThingMagic® M7e Modules, the Smallest UHF RFID Modules on the Market With the Lowest Power Output.May 11, 2023 | marketwatch.comIoT RFID Software Market Likely to Enjoy Remarkable Growth with IBM, Impinj, ODIN, Hans TurckMay 7, 2023 | finance.yahoo.comInsiders Pour Millions Into These 2 ‘Strong Buy’ Stocks — Here’s Why You Might Want to Steer Toward Them TooMay 5, 2023 | finance.yahoo.comPositive Sentiment Still Eludes Impinj, Inc. (NASDAQ:PI) Following 34% Share Price SlumpMay 4, 2023 | finance.yahoo.comStephen Sanghi Is The Independent Chair of the Board of Impinj, Inc. (NASDAQ:PI) And They Just Picked Up 125% More SharesMay 3, 2023 | finance.yahoo.comImpinj, Inc. (NASDAQ:PI) Q1 2023 Earnings Call TranscriptMay 3, 2023 | americanbankingnews.comImpinj (NASDAQ:PI) Trading Down 3.2% Following Insider SellingMay 3, 2023 | americanbankingnews.comImpinj (NASDAQ:PI) Stock Price Down 3.2% on Insider SellingMay 3, 2023 | americanbankingnews.comImpinj, Inc. (NASDAQ:PI) CRO Jeffrey Dossett Sells 4,141 SharesMay 3, 2023 | americanbankingnews.comHussein Mecklai Sells 257 Shares of Impinj, Inc. (NASDAQ:PI) StockMay 3, 2023 | americanbankingnews.comSteve Sanghi Acquires 23,500 Shares of Impinj, Inc. (NASDAQ:PI) StockMay 2, 2023 | americanbankingnews.comImpinj, Inc. (NASDAQ:PI) Expected to Post Q1 2024 Earnings of $0.07 Per ShareMay 1, 2023 | americanbankingnews.comAnalysts Set Impinj, Inc. (NASDAQ:PI) Target Price at $129.38See More Headlines PI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PI Company Calendar Last Earnings4/26/2023Today6/09/2023Next Earnings (Estimated)7/26/2023Fiscal 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$137.00 High Stock Price Forecast$155.00 Low Stock Price Forecast$115.00 Forecasted Upside/Downside+24.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.71) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-24,300,000.00 Net Margins-6.26% Pretax Margin-6.19% Return on Equity-105.37% Return on Assets-2.57% Debt Debt-to-Equity Ratio10.54 Current Ratio5.59 Quick Ratio4.02 Sales & Book Value Annual Sales$257.80 million Price / Sales11.36 Cash FlowN/A Price / Cash FlowN/A Book Value$0.60 per share Price / Book183.22Miscellaneous Outstanding Shares26,650,000Free Float22,104,000Market Cap$2.93 billion OptionableOptionable Beta2.19 Key ExecutivesChristopher DiorioVice Chairman & Chief Executive OfficerHussein MecklaiChief Operating OfficerCary L. BakerChief Financial OfficerYukio MorikuboChief Compliance Officer & General CounselJohn QuistSenior Vice President-OperationsKey CompetitorsVicorNASDAQ:VICRAdvanced Energy IndustriesNASDAQ:AEISMicroVisionNASDAQ:MVISLG DisplayNYSE:LPLVertivNYSE:VRTView All CompetitorsInsiders & InstitutionsLevel Four Advisory Services LLCBought 4,848 shares on 6/5/2023Ownership: 0.018%Jeffrey DossettSold 3,500 sharesTotal: $358,960.00 ($102.56/share)Macquarie Group Ltd.Sold 4,282 shares on 6/1/2023Ownership: 0.072%ProShare Advisors LLCSold 236 shares on 5/26/2023Ownership: 0.009%Cary BakerSold 1,453 sharesTotal: $140,592.28 ($96.76/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 equities research analysts have issued "buy," "hold," and "sell" ratings for Impinj in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street equities research 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 brokerages have issued 12 month price objectives for Impinj's stock. Their PI share price forecasts range from $115.00 to $155.00. On average, they expect the company's share price to reach $137.00 in the next twelve months. This suggests a possible upside of 24.6% 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 2023. Since then, PI stock has increased by 0.7% and is now trading at $109.93. 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, July 26th 2023. View our PI earnings forecast. How were Impinj's earnings last quarter? Impinj, Inc. (NASDAQ:PI) announced its quarterly earnings data on Wednesday, April, 26th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by $0.02. The business earned $85.90 million during the quarter, compared to the consensus estimate of $83.50 million. Impinj had a negative net margin of 6.26% and a negative trailing twelve-month return on equity of 105.37%. What ETFs hold Impinj's stock? ETFs with the largest weight of Impinj (NASDAQ:PI) stock in their portfolio include Invesco DWA Technology Momentum ETF (PTF), Invesco Dynamic Semiconductors ETF (PSI), Global X Internet of Things Thematic ETF (SNSR), SPDR S&P Semiconductor ETF (XSD), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), Alger Mid Cap 40 ETF (FRTY), Nuveen Small Cap Select ETF (NSCS) and AB Disruptors ETF (FWD). What guidance has Impinj issued on next quarter's earnings? Impinj issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of $0.28-$0.33 for the period, compared to the consensus EPS estimate of $0.41. The company issued revenue guidance of $84.00 million-$87.00 million, compared to the consensus revenue estimate of $88.29 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 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 retail and institutional investors. Top institutional investors include Sylebra Capital Ltd (10.68%), Chevy Chase Trust Holdings LLC (4.05%), Gilder Gagnon Howe & Co. LLC (3.73%), State Street Corp (2.80%), Allspring Global Investments Holdings LLC (2.57%) and Deutsche Bank AG (2.31%). 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 $109.93. How much money does Impinj make? Impinj (NASDAQ:PI) has a market capitalization of $2.93 billion and generates $257.80 million in revenue each year. The company earns $-24,300,000.00 in net income (profit) each year or ($0.71) 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 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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