NASDAQ:PI - IMPINJ Stock Price, Price Target & More

IMPINJ trades on the NASDAQ under the ticker symbol "PI."

IMPINJ Inc (NASDAQ:PI) announced its earnings results on Monday, May, 7th. The company reported ($0.38) earnings per share for the quarter, missing the consensus estimate of ($0.37) by $0.01. The company earned $25.10 million during the quarter, compared to analysts' expectations of $23.95 million. IMPINJ had a negative net margin of 24.95% and a negative return on equity of 11.89%. The company's revenue for the quarter was down 20.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.01 earnings per share. View IMPINJ's Earnings History.

IMPINJ issued an update on its second quarter earnings guidance on Monday, May, 7th. The company provided earnings per share (EPS) guidance of ($0.38)-($0.30) for the period, compared to the Thomson Reuters consensus estimate of ($0.33). The company issued revenue guidance of $25-27 million, compared to the consensus revenue estimate of $24.38 million.

7 Wall Street analysts have issued 1-year price objectives for IMPINJ's stock. Their predictions range from $14.00 to $42.00. On average, they anticipate IMPINJ's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 0.1% from the stock's current price. View Analyst Ratings for IMPINJ.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for IMPINJ in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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

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

Headlines about PI stock have trended positive this week, according to Accern. Accern scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. IMPINJ earned a media sentiment score of 0.36 on Accern's scale. They also gave media headlines about the company an impact score of 45.61 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

IMPINJ's stock is owned by a number of of retail and institutional investors. Top institutional investors include Fred Alger Management Inc. (1.09%). Company insiders that own IMPINJ stock include Chris PhD Diorio, Clinton Bybee, Eric Brodersen, Evan Fein, Jeffrey Dossett, Oppen Peter H Van and Tom A Alberg. View Institutional Ownership Trends for IMPINJ.

PI stock was purchased by a variety of institutional investors in the last quarter, including Fred Alger Management Inc.. Company insiders that have bought IMPINJ stock in the last two years include Clinton Bybee, Jeffrey Dossett, Oppen Peter H Van and Tom A Alberg. 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, Scottrade, Fidelity and Charles Schwab.

One share of PI stock can currently be purchased for approximately $24.98.

IMPINJ has a market capitalization of $535.72 million and generates $125.30 million in revenue each year. The company earns $-17,320,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis. IMPINJ employs 311 workers across the globe.

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]