NASDAQ:PI Impinj - PI Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $125.08 -3.90 (-3.02%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$124.68▼$133.1950-Day Range$105.54▼$139.1152-Week Range$39.74▼$142.78Volume810,965 shsAverage Volume530,872 shsMarket Capitalization$3.24 billionP/E RatioN/ADividend YieldN/APrice Target$120.14 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Impinj MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside3.9% Downside$120.14 Price TargetShort InterestBearish9.07% of Shares Sold ShortDividend StrengthN/ASustainability-1.68Upright™ Environmental ScoreNews Sentiment0.34Based on 9 Articles This WeekInsider TradingSelling Shares$53.35 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.62) to $0.22 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.1.73 out of 5 starsComputer And Technology Sector477th out of 612 stocksElectronic Components, Not Elsewhere Classified Industry4th out of 7 stocks 1.5 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 5 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $120.14, Impinj has a forecasted downside of 3.9% from its current price of $125.08.Amount of Analyst CoverageImpinj has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted9.07% 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 4.8.Change versus previous monthShort interest in Impinj has recently increased by 3.52%, indicating that investor sentiment is decreasing. 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 3.0 News and Social Media Coverage News SentimentImpinj has a news sentiment score of 0.34. 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 is a lower news sentiment than the 0.45 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Impinj this week, compared to 3 articles on an average week.Search Interest7 people have searched for PI on MarketBeat in the last 30 days. This is an increase of 75% compared to the previous 30 days.MarketBeat Follows15 people have added Impinj to their MarketBeat watchlist in the last 30 days. This is an increase of 114% 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 more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $53,352,919.00 in company stock.Percentage Held by Insiders20.20% 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 ($0.62) to $0.22 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Impinj is -70.67, 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 -70.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioImpinj has a PEG Ratio of 22.48. PEG Ratios above 1 indicate that a company could be overvalued. Previous Next See Top Rated MarketRank™ Stocks Here About Impinj (NASDAQ:PI) StockIImpinj, Inc. engages in the development and sale of RAIN, a radio frequency identification solution. Its platform allows inventory management, patient safety, asset tracking and item authentication for the retail, healthcare, supply chain and logistics, hospitality, food and beverage, and industrial manufacturing industries. The company was founded by Carver A. Mead and 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 HeadlinesFebruary 3, 2023 | finance.yahoo.comAre You Looking for a Top Momentum Pick? Why Impinj (PI) is a Great ChoiceFebruary 2, 2023 | americanbankingnews.comImpinj, Inc. (NASDAQ:PI) COO Hussein Mecklai Sells 250 Shares of StockFebruary 8, 2023 | Paradigm Press (Ad)Warning: Biden’s Big Blackout is ComingWhy we are about to RETURN to traditional energy like oil and gas. How the “greenest” Democrats were BUSTED investing in oil and gas. And how you could profit from their failures.February 2, 2023 | americanbankingnews.comImpinj, Inc. (NASDAQ:PI) CRO Jeffrey Dossett Sells 598 Shares of StockJanuary 31, 2023 | finance.yahoo.comDow Jones Reverses Lower Ahead Of Fed Meeting; Caterpillar, Exxon, Pfizer, McDonald's Fall On EarningsJanuary 30, 2023 | americanbankingnews.comPiper Sandler Boosts Impinj (NASDAQ:PI) Price Target to $140.00January 24, 2023 | finance.yahoo.comStrength Seen in Impinj (PI): Can Its 3.4% Jump Turn into More Strength?January 23, 2023 | seekingalpha.comImpinj: Expanding Product Offering To Grow Market ShareFebruary 8, 2023 | Paradigm Press (Ad)Former CIA Advisor: Biden bombed Nord StreamIn the next 75 days, I predict Americans will face fuel shortages, widespread blackouts, empty grocery shelves, $1000 energy bills, drained retirement accounts… and a new crime wave. January 17, 2023 | finance.yahoo.comImpinj (PI) is a Great Momentum Stock: Should You Buy?January 12, 2023 | finance.yahoo.comImpinj Stock Gets A Lift As Its Tiny Tracking Chips Gain TractionJanuary 11, 2023 | finance.yahoo.comImpinj Stock Wavers After Chipmaker Raises Fourth-Quarter OutlookJanuary 11, 2023 | finance.yahoo.comIFNNY or PI: Which Is the Better Value Stock Right Now?January 11, 2023 | finance.yahoo.comImpinj Stock Jumps After Chipmaker Raises Fourth-Quarter OutlookJanuary 10, 2023 | finance.yahoo.comImpinj Announces Preliminary Fourth-Quarter 2022 Revenue Ahead of Participation at 25th Annual Needham Growth ConferenceDecember 14, 2022 | finance.yahoo.comIs Impinj (PI) a Great Stock for the Long-Term?December 10, 2022 | marketwatch.comThe Healthcare RFID Market Size: Global Average Price, development, growth factor, regional outlook, application 2022 - 2028December 6, 2022 | finance.yahoo.comImpinj to Participate in Susquehanna Semiconductor ShowcaseDecember 6, 2022 | msn.comGoldman Sachs Maintains Buy Rating for Impinj: Here's What You Need To KnowDecember 5, 2022 | finance.yahoo.comTwo Outperforming Semiconductors You Haven't Heard OfDecember 3, 2022 | benzinga.comMassive Insider Trade At ImpinjNovember 24, 2022 | finance.yahoo.comImpinj, Inc. (NASDAQ:PI): When Will It Breakeven?November 23, 2022 | benzinga.comImpinj 10% Owner Trades Company's StockNovember 22, 2022 | finance.yahoo.comIs Model N (MODN) Outperforming Other Computer and Technology Stocks This Year?November 15, 2022 | finance.yahoo.comWhat Makes Impinj (PI) a Strong Momentum Stock: Buy Now?November 9, 2022 | finance.yahoo.comImpinj Introduces Two New RAIN RFID Tag Chips to Advance IoT Connectivity for Automotive, Pharmaceuticals, and FoodNovember 5, 2022 | apnews.comImpinj to Participate in Baird 2022 Global Industrial ConferenceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings10/27/2021Today2/08/2023Next Earnings (Confirmed)2/08/2023Fiscal 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$120.14 High Stock Price Forecast$140.00 Low Stock Price Forecast$76.00 Forecasted Upside/Downside-3.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($1.77) Trailing P/E RatioN/A Forward P/E RatioN/A P/E Growth22.48Net Income$-51,260,000.00 Net Margins-18.91% Pretax Margin-18.87% Return on Equity-236.49% Return on Assets-7.83% Debt Debt-to-Equity Ratio135.78 Current Ratio7.73 Quick Ratio6.78 Sales & Book Value Annual Sales$190.28 million Price / Sales17.04 Cash FlowN/A Price / Cash FlowN/A Book Value($0.45) per share Price / Book-277.96Miscellaneous Outstanding Shares25,920,000Free Float20,680,000Market Cap$3.24 billion OptionableOptionable Beta2.36 Key ExecutivesChristopher DiorioVice Chairman & Chief Executive OfficerHussein MecklaiChief Operating OfficerCary L. BakerChief Financial OfficerJill WestVice President-Strategic CommunicationsJohn QuistSenior Vice President-OperationsKey CompetitorsAdvanced Energy IndustriesNASDAQ:AEISLG DisplayNYSE:LPLVicorNASDAQ:VICRVertivNYSE:VRTSanminaNASDAQ:SANMView All CompetitorsInsiders & InstitutionsUBS Group AGSold 2,503 shares on 2/8/2023Ownership: 0.333%Swiss National BankBought 1,300 shares on 2/8/2023Ownership: 0.203%Raymond James Financial Services Advisors Inc.Sold 621 shares on 2/8/2023Ownership: 0.069%Arizona State Retirement SystemBought 277 shares on 2/8/2023Ownership: 0.024%Cambridge Investment Research Advisors Inc.Bought 2,360 shares on 2/8/2023Ownership: 0.009%View All Insider TransactionsView All Institutional Transactions PI Stock - Frequently Asked Questions Should I buy or sell Impinj stock right now? 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Impinj in the last year. There are currently 5 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? 5 Wall Street research analysts have issued 1 year target prices for Impinj's shares. Their PI share price forecasts range from $76.00 to $140.00. On average, they anticipate the company's stock price to reach $120.14 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. 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 start of the year. Since then, PI shares have increased by 14.6% and is now trading at $125.08. 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, February 8th 2023. View our PI earnings forecast. How can I listen to Impinj's earnings call? Impinj will be holding an earnings conference call on Wednesday, February 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "2251852". How were Impinj's earnings last quarter? Impinj, Inc. (NASDAQ:PI) announced its quarterly earnings data on Wednesday, October, 27th. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.06. The firm earned $45.19 million during the quarter, compared to analyst estimates of $44.13 million. Impinj had a negative net margin of 18.91% and a negative trailing twelve-month return on equity of 236.49%. The firm's revenue was up 60.3% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.54) EPS. What guidance has Impinj issued on next quarter's earnings? Impinj updated its first quarter earnings guidance on Wednesday, February, 8th. The company provided earnings per share guidance of $0.30-0.36 for the period, compared to the consensus earnings per share estimate of $0.32. The company issued revenue guidance of $82.0-85.0 million, compared to the consensus revenue estimate of $76.86 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 a variety of retail and institutional investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (2.09%), Scout Investments Inc. (0.40%), UBS Group AG (0.33%), Swiss National Bank (0.20%), Taylor Frigon Capital Management LLC (0.15%) and Wolverine Asset Management LLC (0.00%). Insiders that own company stock include Cary Baker, Cathal G Phelan, Cathal G Phelan, Chris PhD Diorio, Daniel Patrick Gibson, Denise Masters, Eric Brodersen, Gregory Sessler, Hussein Mecklai, Jeffrey Dossett, Oppen Peter H Van 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 $125.08. How much money does Impinj make? Impinj (NASDAQ:PI) has a market capitalization of $3.24 billion and generates $190.28 million in revenue each year. The company earns $-51,260,000.00 in net income (profit) each year or ($1.77) 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 2/8/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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